Search Results for: New Zealand
China shares fall, other Asian markets mixed ahead of Fed
June 17th, 2015
Chinese stocks fell for a third day and other Asian markets were mixed Wednesday as investors looked ahead to the U.S. Federal Reserve‘s policy update. KEEPING SCORE: The Shanghai Composite Index shed 2.4 percent to 4,769.73 and Tokyo’s Nikkei ...
FT Innovative Lawyers Awards Asia 2015
June 15th, 2015
Following the success of the first awards programme for Asia-Pacific in 2014, the Financial Times is delighted to announce the 2015 Asia-Pacific Innovative Lawyers Awards. When FT Innovative Lawyers was established in Europe almost a decade ago, it sought ...
Greece Enters Fateful Week as Talks End Fruitlessly
June 15th, 2015
Greece enters what could be a defining week after last-ditch negotiations between representatives of the Greek government and its creditors collapsed on Sunday. The euro dropped as the European Commission said the talks in Brussels had broken up after ...
Currency Traders Stuck in Norway as Volatility Whipsaws Market
June 12th, 2015
Just because a currency is from a Group of 10 nation doesn’t mean it will be easy to sell when markets become volatile. Norway’s krone saw the biggest jump in anticipated price swings of any of its major peers ...
RBNZ: Official Cash Rate reduced to 3.25 percent
June 11th, 2015
Statement by Reserve Bank Governor Graeme Wheeler: The Reserve Bank of New Zealand today reduced the Official Cash Rate (OCR) by 25 basis points to 3.25 percent. Growth in the global economy remains moderate. Data on economic activity in ...
Strengthening the international community’s fight against offshore tax evasion
June 8th, 2015
Australia, Canada, Chile, Costa Rica, India, Indonesia and New Zealand join multilateral agreement to automatically exchange information In a boost for international efforts to strengthen co-operation against offshore tax evasion, seven new countries have joined the agreement to exchange ...
China’s PMI records slight improvement
June 3rd, 2015
China‘s manufacturing activity improved slightly in May, while the service sector continued to weaken, indicating complications in the world’s second-largest economy, a survey showed yesterday. The official Purchasing Managers’ Index, a comprehensive gauge of operating conditions in large state-owned ...
Receivers and managers appointed to Arena Capital / BlackfortFX
May 28th, 2015
The High Court in Christchurch has granted the Financial Markets Authority’s (FMA) application for Grant Graham and Neale Jackson of KordaMentha to be appointed as receivers and managers of Arena Capital Limited, trading as Blackfort FX (Arena/Blackfort). The decision, ...
FOREX-Dollar hits highest vs yen since 2002, Aussie sags on capex disappointment
May 28th, 2015
* USD touches 124.30 yen, highest level since December 2002 * Traders are wary of verbal intervention from Japanese officials * Aussie drops after disappointing capex data The dollar hit its highest since December 2002 against the yen on Thursday ...
FMA removes offshore firms from the Financial Services Provider Register – warnings issued against companies who fail to respond
May 19th, 2015
The Financial Markets Authority (FMA) today confirmed that a number of offshore firms have recently been removed from the Financial Services Provider Register (FSPR). While the Registrar of Companies maintains the FSPR, the FMA has powers to direct the ...
