Recent Posts

NZ manufacturing sales volumes fall 0.2% in second quarter on petroleum, coal, meat, dairy

New Zealand manufacturing sales volumes fell in the second quarter, driven by the continued decline in petroleum and coal, and in meat and dairy. Total seasonally adjusted sales volumes declined 0.2 percent in the three months ended June 30, following a 0.3 percent drop in the first quarter, according to Statistics New Zealand. The volume of dairy and meat, the nation’s two …

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SFO lays charges against MediaWeb director Victor John Clarke involving $2.2 million

The Serious Fraud Office has laid Crimes Act charges against Victor John Clarke, a former director of failed media company MediaWeb, in the Auckland District Court for alleged offending involving $2.2 million. The two false accounting charges including using a forged document and obtaining by deception in his role as overseeing the accounting and financial aspects of the failed business. …

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While you were sleeping: Europe’s sigh of relief

European equities moved higher amid relief that Chinese stocks losses were contained, fuelling optimism that a slowdown in global economic growth will be checked. Europe’s Stoxx 600 Index finished the day with a 1.1 percent gain from the previous close. The UK’s FTSE 100 Index added 0.5 percent, France’s CAC 40 Index rose 0.6 percent and Germany’s DAX Index climbed …

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