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Cynotech off the NZX
Cynotech Holdings says it has told NZX it no longer wants to be listed on its exchange. Cynotech currently trades on the NZX-run NZAX market, designed for small to medium-sized, fast-growth businesses. "Cynotech Holdings'...

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Published: Sat, 31 Jul 2010 07:20 a.m.
Hubbard backers to meet
The Exposing Unacceptable Financial Activities (Eufa) group is holding a public meeting in Timaru next Friday to discuss issues surrounding the statutory management of Timaru businessman Allan Hubbard. "Investors suffering will...

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Published: Sat, 31 Jul 2010 06:50 a.m.
Mary Holm : ASB fund closures hard to fault
I agree with the disgruntled ASB customer in last week's column, and I am sceptical about ASB's reasons for closing some of its investment funds. The fact that ASB is closing several funds - not just one or two - makes me suspicious....

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Published: Sat, 31 Jul 2010 05:30 a.m.
Investors shake up $191m trust
Unitholders in the $191.2 million listed National Property Trust voted overwhelmingly in favour of major restructuring yesterday.About 120 investors, including representatives of major institutions, supported big changes which...

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Published: Sat, 31 Jul 2010 05:30 a.m.
Brent Sheather: Short-term gain is a financial pain
Two weeks ago we reflected on the dire state of the world's financial markets and speculated that some, if not most, of the blame for our present situation is due to the size, structure and nature of the banking and finance sectors.This...

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Published: Sat, 31 Jul 2010 05:30 a.m.
NZ dollar struggles at lower levels
The New Zealand dollar continued to struggle after falling sharply yesterday on cautious comments from the Reserve Bank of New Zealand (RBNZ).It was at US72.18c at 5pm from US72.38c at 5pm yesterday.The NZ dollar dived yesterday...

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Published: Fri, 30 Jul 2010 07:46 p.m.
 
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