Newswire
Listed Companies
Aroa to raise A$30m of new money in IPO across the Tasman
Aroa Biosurgery will raise up to A$30 million in an initial public offering across the Tasman to repay debt and expand its sales and manufacturing capacity. The Auckland-based soft-tissue regeneration company's existing shareholders will also sell another A$15 million of stoc...
Markets
MARKET CLOSE: NZ shares fall as Ebos shareholder sells down; covid jitters remain
New Zealand shares fell as a cornerstone investor of Ebos Group sold down a 9 percent stake in the healthcare products company, dominating trading today. Investors also remain concerned about the threat of a second wave of covid-19. The S&P/NZX 50 Index fell 25.88 points, or 0...
Markets
NZ dollar rebounds after mixed messages on US-China trade deal
The New Zealand dollar ended a roller-coaster day with trading roiled by a White House spokesman appearing to say the US-China trade deal was over and then recovering once US President Donald Trump tweeted that the deal was intact. The kiwi was trading at 64.71 US cents at 5pm...
Finance
FMA accuses CLSA Premium of multiple money laundering law failures
The Financial Markets Authority has accused broking and derivatives trading firm CLSA Premium New Zealand of numerous breaches of anti-money laundering laws involving $50 million of transactions. The market watchdog has filed civil papers against the firm, which was known as K...
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