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CBL shares suspended as NZX probes information disclosure after FMA, RBNZ concerns
By Sophie Boot Feb. 8 (BusinessDesk) - CBL Corp's shares have been suspended from the NZX due to concerns the market operator's regulation team has about whether the company has given complete and true material information to the market. NZX Regulation said the suspension f...
RBNZ sits pat on expectation of renewed inflation, ready to cut if prices don't rise
By Rebecca Howard Feb. 8 (BusinessDesk) - The Reserve Bank is ready to cut interest rates if inflation doesn't emerge as expected, but has enough confidence consumer prices will start rising to stay on hold given the murky economic outlook. "We put our numbers together and...
NZX's Smartshares emerging markets ETF swells by almost 50% with new subscription
By Paul McBeth Feb. 8 (BusinessDesk) - NZX's Smartshares emerging markets fund has grown by almost half with an institutional investor subscribing for $28.7 million new units in the passive investment vehicle. Reuters data show almost 21.9 million units were traded at a pr...
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