New Zealand Financial News

04.07 / 00:25

UPS CEO Strategy Four Pillars Gin sold to XXXX’s Japanese owner

Brewing giant Lion Group will take full ownership of Four Pillars Gin as it advances its ambitions in the premium spirits category.

03.07 / 19:05

Waters JPMorgan blast Blast from the past: Chemicals business Ixom back with $1b refinancing

Six months after Singapore-listed Keppel Infrastructure Trust ditched the $2 billion sale of its Australia and New Zealand chemicals business Ixom, it’s back on the dealmaking circuit – this time with a trip to debt capital markets.

03.07 / 17:39

Provident Booking Enterprise QIC in $1.6bn green loan for smart metering acquisition, capex

All the pieces have fallen into place at Vector Metering, the smart metering play now half-owned by Queensland Investment Corporation.

03.07 / 13:15

UPS Provident CEO Platform MAT This former Olympian convinced 180 people to invest in sailing apparel

Australia’s most successful Olympic sailor Mat Belcher was a natural fit to lead Australian sailing apparel company, Zhik, when he retired after the Tokyo 2020 Olympic Games.

01.07 / 12:45

UPS FIVE Citizens VISA Action Reasons why Indians give up citizenship, surrender passport

Surrendering passports and acquiring the citizenship of another country are two entirely different actions, said an immigration consultant for New Zealand and Australia.«Goans, Punjabis, Gujaratis and people from Tamil Nadu and Kerala are acquiring citizenship of other countries. For the Goans, England was the final destination. But Brexit applied brakes on their movement,» said Ravi Veravalli, principal consultant, Star Global Education Alliance, in a conversation with IANS.

01.07 / 12:45

UPS Citizens VISA Dreams Chase Immigration: Where in the world are Indians headed?

Now, with top economies seeking semi-skilled and skilled professionals to plug labour shortages, offering them extensive benefits and upgrading their standard of living, people's desire to migrate has reached an all-time high. Going by the numbers, Indians continue to chase the American dream with 7,88,284 of them relinquishing their citizenship in 2021, according to a Ministry of External Affairs data.

01.07 / 08:21

COST UPS Citi Booking Samsung MakeMyTrip cricket ICC Cricket World Cup means brisk business for India

Cricket World Cup, businesses in India are also set to gain from the matches. The tournament will be held from October 5 to November 19 and played across 10 venues in Hyderabad, Ahmedabad, Dharamsala, Delhi, Chennai, Lucknow, Pune, Bengaluru, Mumbai and Kolkata. The pandemic left the hospitality sector ravaged, which has now limped back to normalcy.

30.06 / 17:55

Citi Mobile Parke Soccer: England to take on Portugal in friendly before FIFA Women’s Word Cup

Australia and New Zealand for FIFA Women’s World Cup, England will host Portugal Saturday for a friendly match. After reaching Australia, the Lionesses will take on Canada in another friendly match before the kick-off of the tournament. Sarina Weigman’s team will its first match against Haiti in Brisbane on July 22.

30.06 / 15:17

Binance MasterCard Central Bank Investment UK testing network Today in Crypto: Mastercard to Start Testing Its Multi-Token Network This Summer, OKX's Liquid Marketplace Exceeds $3BN in Trading Volume, Binance’s Institutional Clients Remain Optimistic on Crypto

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

30.06 / 11:15

UPS IPO Lowe's FIVE Pool Matthews Top investment banks revealed in horror first half

Investment bankers’ fees slumped 50 per cent in the first half of the year, marking their worst six-month year-on-year showing in five years, but a series of non-deal roadshows for initial public offerings provide a sliver of hope bigger paydays are on the horizon.

30.06 / 04:09

Government Stablecoin regulation regulatory Crypto 'regulatory approach isn't needed now' — New Zealand central bank

The New Zealand central bank is ramping up its monitoring of stablecoins and crypto-assets following public submissions, but has stopped short of calling for a “regulatory approach.”

21.06 / 13:29

Adoption Gemini Crypto Exchange expansion sec lawsuit Gemini Announces Plans for Expansion in Asia-Pacific Amid SEC Lawsuit

Crypto exchange Gemini has announced plans to expand into the Asia-Pacific (APAC) region to capture the “next wave of growth for crypto.”

21.06 / 09:59

Blockchain UPS Citi Platform BNI Swift steps up blockchain experimentation

The fresh initiative follows a proof-of-concept conducted with Chainlink last year on the development of a Cross-Chain Interoperability Protocol (CCIP) that would connect Swift to multiple blockchain networks. Tom Zschach chief innovation officer, Swift, says there’s unlikely to be a single prevailing blockchain network.

13.06 / 13:57

Blockchain Adoption SEC Banks Unfazed by SEC tumult, top banks work to make blockchains interoperable

Amid all the tumult in the crypto world, some of the world’s largest banks have been quietly reflecting on ways to bring digital assets to institutional customers. And last week, a plan emerged.

09.06 / 03:11

Adoption Trump Pro-Bitcoin DeSantis tagged over AI-faked photos in Trump smear campaign

Pro-Bitcoin (BTC) presidential bidder Ron DeSantis has been tagged for apparently using artificial intelligence-generated images in an ad campaign smearing rival and former president Donald Trump.

06.06 / 23:47

Blockchain UPS Citi Platform BNI Swift steps up blockchain experimentation

17.05 / 17:11

Binance Ripple XRP SEC Action Bitcoin Crypto Conferences Scale Back

The crypto winter has been long and harsh, and as a result, crypto conferences are toning down the lavishness. Attendees are no longer interested in DJs and parties; they want to focus on discussing regulation and tax issues. Tiffany Fong, a popular crypto vlogger, attended her first crypto conference this year and observed that attendees were more interested in asking intelligent questions and discussing regulatory issues, rather than enjoying the extravagances of past events.

09.05 / 23:29

CEO Strategy BTG Revolut goes live in Brazil

Revolut's global account will offer locals foreign exchange and remittance capabilities in 27 currencies, in addition to having a card that is accepted in more than 150 countries. Nik Storonsky, co-founder and CEO, says: “Our mission is to unlock a borderless economy with financial products that are accessible and easy to use and that allow our customers to use their money efficiently.

03.05 / 11:27

COST Lowe's New Zealand Economy Well Placed to Handle Surge in Rates, RBNZ Says

SYDNEY—New Zealand’s financial system is well placed to handle rising interest rates and uncertainty in the international financial system, the Reserve Bank of New Zealand said in its latest report card on financial stability. New Zealand households are facing increased debt servicing costs due to rising interest rates, but levels of loan default are low, RBNZ Governor Adrian Orr said in a statement.

02.05 / 08:47

CEO Strategy BTG Revolut goes live in Brazil

22.04 / 16:07

business Gemini Derivatives Winklevoss Twins Gemini to launch derivatives platform outside the United States

United States-based crypto exchange Gemini announced on April 21 the upcoming launch of a derivatives platform outside the U.S. The move comes amid a tightening and uncertain regulatory environment for crypto firms in the country.

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