Energy sector results lift NZ sharemarket over 1% – Market close
Paul Robertshawe, chief investment officer at Octagon Asset Management, said investors were looking through the short-term weakness to…
British Pound declines below 1.3550 on soft UK labour figures, traders brace for CPI data
The GBP/USD pair loses ground to around 1.3535 during the early Asian trading hours on Wednesday. The British…
Absa wins GEPF custody contract long held by Standard Bank
Story audio is generated using AI Absa has won the contract to provide custody services for the Government…
Infratil shareholders appoint controversial Australian director, raise fears about overbuilding data centres
When confronted with a quote by former Australian Competition and Consumer Commission chair Rod Sims, Banducci interjected “retired”.…
UK inflation rises to 2.9% as Iran war drives up energy bills | Inflation
UK inflation rose to 2.9% in July as the impact of the Iran war on energy prices triggered…
Labor reveals super increase position amid ‘predatory’ practices crackdown
In BriefThe government ruled out lifting compulsory super above 12 per cent as debate over retirement savings grows.Labor…
Nestle undertaking strategic review of Auckland supplement firm Better Health Company
“This will strengthen our presence not just in New Zealand, but more broadly across the region, with the…
What Chinese liquor maker Moutai’s slump says about the country’s economy
A staff member sorts Kweichow Moutai liquor at a supermarket in Yongnian district of Handan, North China’s Hebei…
Singapore strengthens asset management with new tax and talent measures
SINGAPORE – Singapore is seeking to strengthen its position as a leading asset management hub with three new…
Geekdom ends coworking space to focus on startup valley of death
Long-time San Antonio startup incubator Geekdom is leaving coworking spaces behind. After 15 years of trying to build…
Kiwifruit labour company must pay $400k for exploiting migrant workers
A Bay of Plenty horticulture employer and its former director have been ordered to pay a combined $400,000…
Diesel prices ‘really high’ as Middle East tensions fester
The chief of a US energy investment firm says diesel prices have been “really high” and need to…