Xero, the cloud-based accounting company, says it is complying with NZX continuous disclosure rules and a 23 percent slump in its shares in the past six days may reflect volatility as a result of a tightly held register. Xero is the second NZX-listed tech company in as many days to get a ‘please explain’ notice from NZX regulators following a …

ropertyIQ NZ, a joint venture between state-owned Quotable Value and Australia’s RP Data, is seeking clearance to buy local geospatial data firm Terralink International. The property information company has applied to the Commerce Commission for clearance to buy the business and assets of Terralink in an effort to boost scale and its ability to compete with global competitors, according to …

Fonterra Cooperative Group, the world’s biggest dairy exporter, cut the price of its Anmum-branded products in China as the local regulator looks at potential price manipulation by major foreign firms selling into the world’s most-populous nation. The Auckland-based cooperative will trim 9 percent from its Anmum maternal health products in mainland China from next month “to better meet consumer needs …