New Zealand PM proposes banning under-16s from social media
New Zealand’s prime minister on Tuesday proposed banning children under 16 from social media, stressing the need to protect them from the perils of big tech platforms. Regulators…
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Zealand
New Zealand central bank sees AI adoption posing risk to financial stability
The rapid acceleration of artificial intelligence adoption in financial services presents a risk to financial stability, the Reserve Bank of New Zealand said in a report on Monday.…
Australian, New Zealand dollars make the most of US tariff tangle
The Australian and New Zealand dollars were making another attempt at topside resistance on Tuesday as conflicting comments over White House tariff policies undermined confidence in their…
Latest NZ$2.80-per-share offer by CDL Kiwi unit still ‘too low and inadequate’: M&C New Zealand
The independent directors of Millennium and Copthorne Hotels New Zealand (MCK) do not recommend shareholders of MCK to accept the increase of CDL Hotels Holdings New Zealand’s (CDLHH NZ)…
Latest NZ$2.80-per-share offer by CDL unit still ‘too low and inadequate’: M&C New Zealand
The independent directors of Millennium & Copthorne Hotels New Zealand (MCK) do not recommend shareholders of MCK to accept the increase of CDL Hotels Holdings New Zealand’s (CDLHH NZ)…
CDL unit raises offer for M&C New Zealand to NZ$2.80 a share
The higher offer reflects 60% premium to 1-month volume weighted average share price of NZ$1.75 City Developments Ltd’s (CDL) wholly owned subsidiary has increased its offer to buy the…
CDL Kiwi unit’s NZ$2.25-per-share offer ‘too low and inadequate’: M&C New Zealand
THE offer by City Development Limited’s (CDL) wholly owned subsidiary to take Millennium & Copthorne Hotels New Zealand (MCK) private at NZS$2.25 per share is “too low and inadequate”. In…
Advancetrack expands to Australia, New Zealand
Advancetrack, an accountancy outsourcing firm, has expanded its operations into Australia and New Zealand, marking a significant step in its global growth strategy. The firm has also…
RBNZ rate cut wagers leave New Zealand dollar eyeing 2022 low
THE New Zealand dollar is forecast to weaken around 6 per cent in the coming months as a slowing economy prompts investors to price in aggressive interest rate cuts from the nation’s…
New Zealand Will Ease Foreign Investment Laws to Attract Capital
(Bloomberg) -- New Zealand’s government said it will loosen investment rules in a bid to attract more foreign capital and boost productivity growth. Most Read from Bloomberg The Overseas…
New Zealand steps up pace of rate cuts as economy weakens
NEW Zealand’s central bank cut interest rates by half a percentage point, stepping up the pace of easing as policymakers become more concerned about the economic slowdown. The Reserve Bank…