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UPDATED NZX trading halted until stock exchange confident it will work
July 1 (BusinessDesk) - All trading on New Zealand’s stock market has been halted due to technical issues in the second major outage this year and won’t resume until the exchange operator is confident it will work. The NZX experienced connectivity issues on a number of its sys...
NZ Super Fund allocates $40M for high-potential firms through Pioneer Capital
July 1 (BusinessDesk) – The New Zealand Superannuation Fund, which invests to fund the country’s universal state pension, will place $40 million in a new $150 million venture capital fund to finance fast-growing small to medium-sized businesses with global potential. The funds w...
NZX trading halted over technical issues
July 1 (BusinessDesk) - All trading on New Zealand’s stock market has been halted due to technical issues in the second major outage this year. A spokeswoman for the NZX confirmed the stock exchange has halted trading, and is investigating the problem. Reuters reported the sto...