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Watchdog signals crackdown on “misleading” terms in NZ financial market
Watchdog signals crackdown on “misleading” terms in NZ financial market New Zealand’s financial markets watchdog is planning a crackdown on terms such as “underlying profit” and “normalized profit” that can be used to mislead prospective investors. The Financial Markets Authority (FMA) Friday announced it would issue draft guidance for public consultation next year on the [...]
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Basel proposals to put tighter capital adequacy requirements on New Zealand banks
Basel proposals to put tighter capital adequacy requirements on New Zealand banks New Zealand-incorporated banks will face tighter capital adequacy requirements to meet G20 approved levels under proposals from the Reserve Bank of New Zealand (RBNZ) issued Tuesday. The RBNZ is proposing that banks implement the Basel III capital adequacy requirements, released by the Basel [...]
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Daylight Saving begins in New Zealand
Daylight Saving begins in New Zealand New Zealand Daylight Saving Time begins on Sunday, when 2 a.m. becomes 3 a.m. The Department of Internal Affairs says Daylight Saving Time ends in 24 weeks on April 1 next year when clocks go back one hour. Editor: Tang Danlu English.news.cn 2011-09-24 19:29:32 FeedbackPrintRSS WELLINGTON, Sept. 24 (Xinhua)
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More New Zealanders move to Australia in past year: statistics
More New Zealanders move to Australia in past year: statistics New Zealand’s immigration growth was its lowest in almost 10 years in the year to the end of August, as more New Zealanders left to live in Australia, the government statistics agency announced Wednesday. In the year ended August, New Zealand had a net migration [...]
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New Zealand sets 15-year targets for int’l education
New Zealand sets 15-year targets for int’l education New Zealand is aiming to expand its education services abroad to treble the number of foreign students enrolled and to double the economic value of international education to 5 billion NZ dollars (4.1 billion U.S. dollars) over the next 15 years. Tertiary Education Minister Steven Joyce Tuesday [...]
