Vangelis Vitalis: Why NZ s big Apec challenge is so important
4 Apr, 2021 09:00 PM
6 minutes to read
Vangelis Vitalis New Zealand APEC chairman picture supplied by MFAT
This year s Apec forum - hosted by New Zealand - offers a crucial opportunity to shore up a regional commitment to the rules-based trading system, says Vangelis Vitalis. Vitalis, one of New Zealand s most senior trade officials, is chair of the Apec senior officials meeting this year, effectively leading the talks.
He is optimistic that progress can be made on key trade issues despite some big challenges facing the Apec group.
Not least of those is the Covid-19 pandemic which has forced the forum to be held as a virtual event this year.
4 Min Read
WASHINGTON (Reuters) - A Brooklyn man indicted for an insider trading scheme used information from a Bloomberg News reporter about certain deals to trade, according to a review of the charging documents, in a case that comes as the volume of leaked information about mergers and acquisitions is rising.
FILE PHOTO: A sign for the Wall Street subway station is seen in the financial district in New York City, U.S., August 23, 2018. REUTERS/Brendan McDermid
On March 23, a federal grand jury indicted 38 year-old Jason Peltz for trading on “material nonpublic information” obtained from a company insider and a financial reporter.
Easter Weekend: Complaint over Wānaka supermarkets flouting Easter trading rules
2 Apr, 2021 01:23 AM
3 minutes to read
Easter trading hours are advertised at a New World supermarket in Wānaka. Photo / ODT
RNZ
A complaint has been made that two supermarkets in Wānaka have flouted Easter trading rules by opening their doors today.
An upset member of public alerted FIRST Union that two New World stores in the town were blatantly advertising opening hours on Good Friday.
FIRST Union southern regional secretary Paul Watson said he had contacted the Labour Inspectorate about the alleged breach of the Holidays Act, which requires most businesses to close on Good Friday.
Want to Know What Higher Rates Mean? Look to Another Good Friday Let s go back to 1994 and see what played out as rates went up. Stocks quotes in this article: JPM
There has been so much discussion since the mid-February high about how much growth stocks, and tech stocks, don t like higher interest rates. There is also a lot of chatter about how banks like higher rates.
I think about this often, because in my early years in the market, it was banks that liked lower rates. And I honestly can t recall folks ever having a narrative about whether growth stocks liked lower or higher interest rates.