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NZ dollar falls in subdued trading as dairy auction looms
By Jonathan Underhill Feb. 20 (BusinessDesk) - The New Zealand dollar fell in subdued trading with public holidays in the US and China as traders await tonight's dairy auction and minutes from the Reserve Bank of Australia's last policy meeting. The kiwi traded at 73.71 US...
While you were sleeping: European equities slide, Reckitt Benckiser slumps
By Margreet Dietz Feb. 20 (BusinessDesk) - Equities in Europe moved lower amid disappointing corporate earnings outlooks including from the UK’s Reckitt Benckiser Group. US financial markets are closed for the President’s Day holiday on Monday, while China’s markets were al...
FMA cracks down on NZ directors of financial services companies, insider trading
By Sophie Boot Feb.20 (BusinessDesk) - The Financial Markets Authority says it saw a positive change in market participant conduct last year although it's likely to bring proceedings against at least two company directors for misusing the Financial Service Providers Register a...
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