News in Brief

News in Brief
SkyCity anti-money laundering charges confirmed
Markets

SkyCity anti-money laundering charges confirmed

Civil proceedings against SkyCity for alleged breaches of anti-money laundering laws have been confirmed by its regulatorOn Feb 12, the casino operator told the New Zealand stock exchange (NZX) it faced legal action, which carried penalties of up to $8 million.On Friday, the Depa...

Ian Llewellyn 16 Feb 2024
Port Marlborough rejects 'end of life' wharf comments

Port Marlborough rejects 'end of life' wharf comments

The port says its wharf could last until 2029 with proper maintenance.

Oliver Lewis 16 Feb 2024
Genesis Energy CFO resigns
Markets

Genesis Energy CFO resigns

James Spence was key in the company's Gen35 renewable energy strategy.

Gregor Thompson 16 Feb 2024
Visitor surge boosts tourism
Economy

Visitor surge boosts tourism

Overseas visitor arrivals surged by more than a million last year as international tourism continues its slow recovery since borders reopened.There were 2.96m overseas visitors in the December 2023 year, Stats NZ said today, up by 1.52m from the 2022 year. New Zealand started reo...

Staff reporters 15 Feb 2024