Private credit gains ground in New Zealand as regulators watch offshore risks
In broad terms, private credit is when a business borrows from a private investment firm instead of a…
Uncertainty mounts in Singapore after China tightens offshore trust rules
Recent reforms by Bejijing have raised concerns in Singapore that wealthy Chinese wanting to set up single family…
NZ sharemarket falls over 1% despite Hallenstein’s solid result – Market close
“At this level, the bond yields definitely impact the valuations of the growth and technology stocks,” he said.…
Wellington students react to Labour’s pledge to cut loans by 10% if elected
“No one should have to move overseas to build a future,” he told attendees at Labour’s official election…
Startup EnerVenue Wins First Major Battery Storage Deal in China
(Bloomberg) — Battery-storage startup EnerVenue Holdings has signed its first major commercial contract with a Chinese oil and…
South Island swells: MetService forecasts combined waves up to 10m offshore
For context, 10m is about the height of a three-storey building – or nearly one-and-a-half times the height…
I’m sorry, but commentators are wrong an NZ economic recovery being on its way – Simon Bridges
When it comes to Ukraine, what a bloody tragic loss of life it continues to be. It’s a…
US Gulf: Viridien commences Walker Ridge Reimaging Extension in US Gulf
Viridien has recently launched its Walker Ridge Reimaging Extension in the US Gulf. With the support of industry…
First offshore petroleum permit granted after ban repeal
Under the permit, EnZed Energy would undertake a staged exploration programme, beginning with a study of existing seismic…
NZ sharemarket hits record high as AI stocks surge, SkyCity jumps – Market close
“There is good, cheap generation and lower long-term wholesale electricity prices. It will take a while for lower…
Taranaki Offshore Partnership stays in race with $5b offshore wind plan
Over the past five years, Top has invested $15 million into establishing the feasibility of developing a 1GW…
Geoteric and SINTEF develop joint AI agent platform for better subsurface decisions
A new platform based on open standards will make it possible to connect seismic interpretation directly with reservoir…