New Zealand Archives

SkyCity Reveals New US$90 Million Bond Offer, Says Casino Ops Stable

April 30, 2021

New Zealand’s SkyCity Entertainment Group has announced a NZ$125 million (US$90 million) retail bond offer, with the option of another NZ$50 million (US$36 million) oversubscription, as it looks to bolster liqu...

New Zealand Retirement Fund Bets on Bitcoin With 5% Allocation

March 28, 2021

The KiwiSaver Growth Strategy, a NZ$350 million (US$245 million) retirement fund operated by New Zealand Funds Management, has according to local media allocated 5% of its assets to bitcoin, citing the cryptocu...

New Zealand Casino Back In Business Without Covid Restrictions

October 18, 2020

New Zealand casino back in business without Covid restrictions. New Zealand have handled their coronavirus pandemic restrictions so well that an Auckland’s SkyCity casino is the first in the world to re-open ...

Ex PwC Partner To Introduce New Zealand Stablecoin

October 16, 2020

Ex PwC partner to introduce New Zealand stablecoin. Power Finance, a New Zealand-based financial services firm, aims to introduce what it calls a digital 'world-first' version of the New Zealand dolla...

Ebang To Establish Digital Financial Platform In New Zealand

October 15, 2020

Ebang to establish digital financial platform in New Zealand. Ebang, the big Chinese Bitcoin ( BTC) supplier of mining equipment, aims to acquire a financial firm in New Zealand to set up a local financial se...

NZX Calls Spy Agencies to Help Respond to Repeated Cyberattacks

August 28, 2020

New Zealand stock exchange has reportedly asked the country’s communications security bureau (GCSB) to help with DDoS attacks after the NZX website today crashed for the fourth day in a row. The government i...

NZX Goes Offline for Third Day in a Row Following DDoS Attacks

August 27, 2020

The New Zealand Stock Exchange (NZX) has yet again crashed this Thursday for the third time in as many days, as the exchange deals with reported cyber attacks. The NZX said in a statement earlier today that ...

Repeated Cyber-Attacks Take Stock Exchange Operator NZX Offline

August 26, 2020

The stock exchange operator of New Zealand, NZX, has been subject to its second apparent cyber-attack in as many days, with the exchange going offline for a number of hours, before resuming operations at 3.00...

NZX Traders Kept on Sidelines after Major DDoS Attack

August 25, 2020

NZX, the only registered securities exchange in New Zealand, experienced a Distributed Denial-of-Service (DDoS) attack early this afternoon, which managed to briefly take it down. Stock exchange operator sai...

NZX Sees Solid H1 2020 Results, Retail Participation at Record Highs

August 13, 2020

The New Zealand Exchange (NZX) has published its financial results for the first half of 2020, revealing an uptick in operating earnings, profit after tax and trading activity during the period. With the cor...