Blackwell Global director resigns after Philippines arrest, NZX-listed firm changes name
Michael Chai was the subject of an Interpol Red Notice, authorities said.
Michael Chai was the subject of an Interpol Red Notice, authorities said.
Online gambling consultant based overseas will return home to lead entertainment giant.
The share price of the newly listed company has surged in its first few days.
The New Zealand sharemarket had a down day following the Easter break.
The local index finished lower after five consecutive days of heady rises.
But the New Zealand sharemarket had a welcome rise of more than half a per cent.
The New Zealand sharemarket fell for the sixth successive trading day.
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“I see what I’m doing here as a really important cultural statement."
Possible Valentine's Day resignation will come with another financial hit.
ANZ said the Reserve Bank could still hike the official cash rate twice this year.
Gearing could be at the top end of the range and dividends to shareholders could drop.
The Kiwi retailer has delivered strong results despite an industry downturn.
The case relates to anonymous posts allegedly made on a sharemarket chatroom.
The local index had its fourth down day in a row.
Shares fell at the opening after a mixed day on Wall Street and then slid further.
Transport stocks were also under pressure after Maersk said it’s avoiding the Red Sea.
The NZX50 is up 2.5 per cent for the year.
It was a tough year for local stock pickers as the NZX50 struggled to stay above water.
But a big test comes tomorrow with the Treasury’s half-year economic and fiscal update.
OPINION: Our market is heavily weighted to defensive businesses that pay dividends.
A broad shape of the potential buyer has emerged.
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