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NZX

Extra powers in bill for new market regulator

Extra powers in bill for new market regulator
Wellington, Sept 14 NZPA - The proposed new market regulator will be able to enforce the duties of people involved in financial markets when it's in the public interest, a significant new power under a bill introduced to Parliament today.

Carrington buys 2.2m DNZ shares below market price

Carrington buys 2.2m DNZ shares below market price
Wellington, Aug 24 NZPA - Carrington Securities has bought more than 2.2 million shares at below market prices from the DNZ Property Fund's smaller shareholders.

New finance regulator after finance company collapses

New finance regulator after finance company collapses
Wellington, April 28 NZPA - The collapse of finance companies highlighted problems with current regulation and the new super regulator will mean the entire financial market sector will be overseen by one authority, Commerce Minister Simon Power says.

Securities Commission Looking At NZX Information Release

Securities Commission Looking At NZX Information Release
Wellington, Feb 22 NZPA - The Securities Commission is investigating issues relating to the release of information by NZX regarding Allied Farmers Ltd last week. The matter was referred to the New Zealand securities regulator by NZ Regulation.

NZ Sharemarket Flat Early

NZ Sharemarket Flat Early
Wellington, Jan 15 NZPA - Shares in the New Zealand Refining Co rose 3 percent in early trading as they continued to edge away from a 4-1/2-year low touched earlier this month. Shares in the oil refiner were up 11c to 384 after dropping as low 355 on January 6.

New Zealand Sharemarket Closes Little Changed

New Zealand Sharemarket Closes Little Changed
Wellington, Jan 14 NZPA - The New Zealand sharemarket was little changed on a day in which Asian markets put worries about a monetary policy tightening in China aside and the strength of the Australian economy again caught investors' attention.

NZ Sharemarket Edges Up Early

NZ Sharemarket Edges Up Early
Wellington, Jan 14 NZPA - Shares in Steel & Tube rose in early trading to be equal with yesterday's intraday two-month high, as the New Zealand sharemarket edged higher shortly after opening today.

NZ Sharemarket Heads Lower

NZ Sharemarket Heads Lower
Wellington, Jan 13 NZPA - The New Zealand sharemarket headed lower in early trading following a slide by equity markets around the world after China said it would raise banks' reserve requirements in a move that could dampen a nascent recovery from the worst global recession in decades.

Shares Ease Slightly As New Year Rally Falters

Shares Ease Slightly As New Year Rally Falters
Wellington, Jan 12 NZPA - The New Zealand sharemarket eased slightly today, in keeping with a weak Australian market and reflecting lukewarm local economic news.

NZX Listing Rule Changes Go Through

NZX Listing Rule Changes Go Through
Wellington, April 3 NZPA - Businesses are expected to find raising capital less difficult under new stock exchange listing rules that came into force today. Commerce Minister Simon Power said he had decided not to disallow any of the changes.

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