FMA warns Tiger Brokers
The Financial Markets Authority has issued a formal warning to NZX-accredited broker Tiger Brokers (NZ) Ltd after finding reasonable grounds to believe it had breached anti-money laundering rules.The Queen Street-based online broker must prepare and submit a plan to the regulator...
Weaker kiwi softens drop in commodity prices
New Zealand commodity prices fell 2.1 percent in March, with weaker dairy and aluminium prices leading the way, according to the ANZ commodity price index.While the index has dropped 8.3 percent over the past four months as the world grapples with the covid-19 pandemic, a weaker...
Pacific Edge cancer testing expands
Cancer diagnostics company Pacific Edge said two of New Zealand’s largest public healthcare providers – the Counties Manukau and Waitemata district health boards - are extending their commercial use of the bladder cancer testing suite, Cxbladder. The DHBs will now use both Cxblad...
Refining NZ extends reduced production
Refining NZ has agreed with its customers the Marsden Point oil refinery will operate in a reduced production mode until the end of August, in response to the significant fuel demand reduction from covid-19 travel and transport restrictions. This is a two-month extension to the o...
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