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Milford's Warminger under pressure over poor fund performance at time of alleged breaches
By Fiona Rotherham Sept. 26 (BusinessDesk) - Milford Asset Management portfolio manager Mark Warminger was under pressure from the firm over the performance of funds he managed at the time of his alleged market manipulation, the Financial Markets Authority has said at the star...
NZ employment confidence rises in September, wage expectations still low
By Sophie Boot Sept. 26 (BusinessDesk) - New Zealanders grew more optimistic about employment prospects in the September quarter with confidence lifting across age groups, regions and income categories, although workers weren't so upbeat about wages growth. The Westpac-McD...
Reckitt Benckiser to plead guilty to misleading ads over Nurofen claims
By Paul McBeth Sept. 26 (BusinessDesk) - Reckitt Benckiser (New Zealand) intends to plead guilty to charges of misleading consumers over the way it promoted a range of Nurofen products, the Commerce Commission says. The regulator brought 10 charges under the Fair Trading A...