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Latest fromNew Zealand Stock Exchange
Rogue exec walks free as Millennium settles China rorts
A rogue exec working for a Chinese company part owned by the Millennium & Copthorne Hotels has escaped prosecution for unauthorised property sales which appear likely to leave the NZX-listed hotelier out of pocket.
Big guns rise as market climbs before Christmas
The New Zealand sharemarket posted modest gains in quiet trading yesterday ahead of the Christmas holiday break.
Telecom keeps control of premium broadband service
Telecom won't face regulatory intervention over its premium copper-based VDSL2 broadband service which guarantees speeds of 15Mb/s up, 5Mb/s down.
Michael Hill family renews push for control
The family of Michael Hill International's founder has renewed its attempt to take control of the jewellery chain.
Failed discount plan behind F&P earnings downgrade
An unsuccessful discounting strategy contributed to poor trading results that forced Fisher & Paykel Appliances to downgrade earnings guidance today.