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Where to for class actions in 2020
Law & Regulation

Where to for class actions in 2020

LPF Group’s funded Mainzeal suit and actions taken following the collapse of CBL Corporation are key cases to watch in 2020, say lawyers canvassed by BusinessDesk.Developments in the rules governing class actions will also be keenly observed in 2020 as the courts will have to set...

Victoria Young 07 Jan 2020
MARKET CLOSE: NZ shares shrug off Middle East tensions; Infratil gains
Markets

MARKET CLOSE: NZ shares shrug off Middle East tensions; Infratil gains

New Zealand shares were one of the outliers across Asia, shrugging off heightened tensions in the Middle East and higher oil prices. Infratil rose on a sharp lift in the value of its data centre investment.The S&P/NZX 50 Index increased 34.18 points, or 0.3 percent, to 11,627.32....

Paul McBeth 06 Jan 2020
NZ dollar dips in jittery markets
Markets

NZ dollar dips in jittery markets

The New Zealand dollar dipped in Asian trading as investors sought havens against a backdrop of rising tensions in the Middle East.  The yen in particular continued to benefit and the kiwi was trading at 71.84 yen at 5pm in Wellington versus 72.00 late Friday in New York. It w...

Rebecca Howard 06 Jan 2020