NZX, FMA launch capital markets review

NZX, FMA launch capital markets review

By Jenny Ruth Jan. 24 (BusinessDesk) - Stock exchange operator NZX and the Financial Markets Authority have formed a formal review - Capital Markets 2029 - to investigate the drivers of listing activity. “New Zealand’s capital markets have performed well in a number of area...

Jenny Ruth 23 Jan 2019
NZ dollar rises as inflation data reduces rate-cut risk

NZ dollar rises as inflation data reduces rate-cut risk

By Jenny Ruth Jan. 23 (BusinessDesk) - The New Zealand dollar rose against all major currencies after inflation data came in at the upper end of expectations. The Consumers Price Index for the December quarter came in at 0.1 percent with the annual pace holding steady at 1....

Jenny Ruth 23 Jan 2019
PaySauce more than doubles recurring quarterly revenue

PaySauce more than doubles recurring quarterly revenue

By Jenny Ruth Jan. 23 (BusinessDesk) - Payroll software provider PaySauce says its recurring revenue in the December quarter was 109 percent ahead of the same quarter of 2017. Co-founder and chief executive Asantha Wijeyeratne says the company is “extremely pleased” with it...

Jenny Ruth 23 Jan 2019
Agria rep to step down as Wrightson chair by June 28

Agria rep to step down as Wrightson chair by June 28

By Jenny Ruth Jan. 23 (BusinessDesk) - PGG Wrightson says current chair Joo Hai Lee will step down before June 28 but that the board will continue its governance review in the meantime. Lee represents Wrightson’s former majority shareholder, Singapore-registered Agria, and...

Jenny Ruth 22 Jan 2019