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Archive
7.2 Magnitute Earthquake Strikes Taiwan
The New Zealand sharemarket tumbled half a per cent as investors became nervous about the timing of interest rate cuts, Donald Trump is again seeking to remove the judge overseeing his upcoming New York criminal trial from the case, North Korea successfully test-fired a new hypersonic missile and Rescue efforts are taking place in Taiwan after a powerful earthquake struck off its east coast on Wednesday, killing at least four people.
SBF sentenced
Sam Bankman-Fried sentenced to 25 years for multi-billion dollar FTX fraud, Vanguard has admitted to misleading conduct about its ESG screening, Synlait has halted trading in its shares and bonds, and Kathmandu founder Jan Cameron sentenced for failing to disclose A$14 million in shares.
iMonopoly
The US alleges Apple illegally monopolised the smartphone market, David Seymour says the public service redundancy payouts could top $100 million, 403,000 people's personal information taken in MediaWorks cyberattack, a foreign agency ran a spy operation out of New Zealand’s Government Communications Security Bureau for years, and China scrutinises PwC role in US$78 bln Evergrande fraud case.
TikTok Takeover?
Former US Treasury Secretary Steven Mnuchin is targeting a purchase of TikTok from its Chinese parent company, prime Westfield retail properties in Auckland and Christchurch are for sale, McDonald’s stores in New Zealand, Australia and Japan can’t take orders after computer glitch, and liquidation activity spikes as IRD gets back to business.