Jun
24
WELLINGTON, June 25 (Reuters) - Investment group Guinness Peat Group's plan to split off its Australian businesses was openly opposed on Friday by the company's New Zealand-based director, who said shareholders would veto it. Tony Gibbs, a long-standing GPG director and associate of veteran New Zealand corporate raider Ron Brierley, said the proposal should be abandoned. "Rather than spend the ...
Jun
24
TAIPEI, June 25 (Reuters) - Taiwan stocks fell 1.1 percent on Friday, dampened by property and construction stocks after the island's central bank unexpectedly raised interest rates and also said it was strengthening oversight of the mortgage market. Weak U.S. data that pushed Wall Street lower also weighed on sentiment, though some financial firms gained on expected benefits from the rate hike ...
Jun
24
By Boris Groendahl and Eva Komarek
Jun
24
(Adds Nomura, Jefferies, Citi, Jones Lang LaSalle) June 24 (Reuters) - The following financial services industry appointments were announced on Thursday. To inform us of other job changes, send an email to moves@thomsonreuters.com.
Jun
23
WELLINGTON, June 24 (Reuters) - New Zealand's economy grew at a slower pace as expected in the March quarter but the central bank is expected to keep raising interest rates to keep inflation in check as growth picks up. Gross domestic product rose a seasonally adjusted 0.6 percent in the three months to March 31, driven partly by growth in manufacturing and exports, official data showed on ...
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