'Shareholders come first': NZX shareholders square off against chair

'Shareholders come first': NZX shareholders square off against chair
Grumpy shareholders make NZC chair James Miller's extended tenure a bit more miserable. (Image: NZX)
Ella Somers
NZX chair James Miller was supposed to be giving his farewell speech at the company’s annual meeting on Wednesday, but events meant he had to instead defend the exchange's record and its future prospects.After eight years in the job, Miller was meant to be handing over the reins to Rob Hamilton, the new chair-elect. But last month, the NZX board abruptly withdrew its endorsement of Hamilton after “careful consideration” – due to Australian regulators commencing civil penalty proceedings against SkyCity Adelaide in De...

More Markets

NZ sharemarket up as Trump eases tariff stance
Markets Market Close

NZ sharemarket up as Trump eases tariff stance

Investors heaved a sigh of relief as NZ shares responded to Trump's change of heart.

Tom Raynel 28 Apr 2025
All is not necessarily lost for Pacific Edge – Forsyth Barr
Markets

All is not necessarily lost for Pacific Edge – Forsyth Barr

Pacific Edge shares fell 26% to 8.4 cents on Monday, but “all is not necessarily lost”, said Forsyth Barr analysts.A local coverage determination in the United States means the company will no longer receive reimbursement for its Cxbladder tests from Medicare. Centres for Medicar...

Staff reporters 28 Apr 2025
Fonterra's plans unchanged despite court ruling
Primary Sector

Fonterra's plans unchanged despite court ruling

Bega reiterates its interest in Oceania business. 

Rebecca Howard 28 Apr 2025
Rakon reveals Chinese customer dropped
Markets

Rakon reveals Chinese customer dropped

High-tech manufacturer also says it had more than one interested buyer for the business.