
Canadians our top investors
Canadians, not Chinese, take top spot as the biggest investors in New Zealand over the past two years, according to analysis released by KPMG today.
Canadians, not Chinese, take top spot as the biggest investors in New Zealand over the past two years, according to analysis released by KPMG today.
New Zealand shares edged lower yesterday as investors waited for reporting season to get under way. Auckland International Airport and Nuplex Industries fell.
Nathan Tinkler was Australia's youngest billionaire - now he faces bankruptcy as his coal empire collapses.
Investors should pay close attention to a company's outlook, sales and profit growth and debt position when it comes to its result, says the chairman of the Shareholders' Association.
Microsoft has agreed to invest about US$100 million ($152 million) in Uber Technologies at a valuation of around US$50 billion, a source says.
The parked civil action against convicted directors of Capital+Merchant Finance has been dropped.
Andrew Hrothgar Robinson has been sentenced to six years in jail this morning for stealing more than $3 million.
New Zealand shares fell over uncertainty surrounding the future of the Tiwai Point smelter.
It's impossible to know where the rout of Chinese stocks will end but there's little doubt its effects will wash over Australia one way or another, says Christopher Niesche.
Hamish Fletcher says he FMA, after some law changes, now has the tools that allow it to proactively stamp out misleading conduct in the market.
Financial Markets Authority chief executive Rob Everett says the settlement with Milford Asset Management over market manipulation issues has been an uncomfortable wake-up call.
Surviving the global financial crisis opened up buying opportunities for Pie Funds founder Mike Taylor.
For a man worth more than $11 billion, Graeme Hart keeps a remarkably low profile. Matt Nippert charts the rise of a most private business magnate.
More than half a billion dollars has been wiped off the value of NZX-listed electricity firms today.
Pacific Investment Management Co Chief Executive Officer Douglas Hodge says investors have had three years to prepare.
Milford Asset Management executive director Brian Gaynor has spoken out on the market manipulation probe into the company he co-founded in 2003, describing it as a "wake up call".
The deal marks Buffett's first investment in an Australian company although Berkshire's reinsurance relationship with IAG, the biggest insurer in Australia and NZ.
New Zealand shares fell yesterday, as Contact Energy and Mighty River Power were sold by investors looking to crystallise recent gains.
China's Dalian Zeus Entertainment offered US$2.35 million ($3.3 million) in an online charity auction to win a lunch meeting with investor Warren Buffett.
US hedge fund Oaktree Capital has completed its takeover of MediaWorks Investments, confirming rumours it had taken 100 per cent ownership of the media company.
Douglas "Doug" McKay has had leadership roles in some of New Zealand's largest companies. He was appointed to Officer of the New Zealand Order of Merit.
Hellabys has sold its packaging division to Coveris, one of the world's largest plastic packaging companies.
A whip-around of holders of South Canterbury Finance preference shares has raised more than $150,000.
A SCF investor who is helping fund a legal probe says he bought preference shares on the back of statements the company made about its prospects only months before it collapsed.
Some South Canterbury Finance preference shareholders played with 'fool's gold' due to a lack of proper information, says one broker.
Out-of-pocket South Canterbury Finance investors will meet today in Auckland to join others rallying behind a probe looking into possible legal action.
Rod Petricevic is now the only failed finance company boss still in jail, despite him receiving a lighter sentence.
It's a tough time to be an investment banker in Southeast Asia. Mergers involving Southeast Asian companies have dropped 45 per cent this year to the lowest level since 2009.
One-third of Capital + Merchant Finance's $18.5 million settlement fund is ring-fenced for claims from the failed firm's trustee and a global investment giant.
New Zealand's institutional venture capital community is still recovering from the global financial crisis six-and-a-half years ago, although so-called angel investors are in better heart, according to a visiting venture capitalist from Silicon Valley.