Listed Companies
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Markets
Cannabis firm Rua Bioscience targets October NZX listing
Medicinal cannabis firm Rua Bioscience has signalled it will head to the NZX this October, breaking an initial public offering drought that has persisted since Napier Port listed in August last year.
Markets
MARKET CLOSE: Shares rise, dollar softens as negative cash rate predicted
New Zealand shares climbed for a second day as investors continued buying dividend-paying stocks and as another bank forecast negative interest rates here within a year. The S&P/NZX 50 Index rose 176.18 points, or 1.5 percent, to 11,849.13. Within the index, 41 stocks rose, fi...
Law & Regulation
Australian lawyer explores potential Fletcher shareholder suit
An Australian lawyer has made legal moves to investigate a potential shareholder action against dual-listed construction company Fletcher Building. However, the lawyer involved won’t talk about the potential dispute which appears to be in the very early stages. A claim has not...
Finance
Westpac won't pay a first-half dividend, ANZ decision still pending
Westpac Banking Corp has decided it won't pay a first-half dividend despite assuring investors that its balance sheet is strong. "Given the desire to retain a strong balance sheet and the ongoing uncertainty in the operating environment, the board has now decided it is prudent...
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