Economy

Coronavirus fears remain as Wall Street recovers

Rebecca Howard
Tue, 11 Feb 2020

The local market may fare better after Wall Street had a positive start to the week although the coronavirus crisis remains front of mind.Wall Street’s three major stock indices rallied after people across China began to return to work after the extended Lunar New Year holiday.According to Reuters, electric carmaker Tesla Inc rose 1.6 percent as its Shanghai factory returned to service. While sentiment improved, investors continue to trade on coronavirus headlines, rumours and speculation, said Kiwibank FX trader Mike Shirley. That's kept...

Use the information you’ve already given Google to create your subscription.

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Primary Sector
Fonterra boss pleased with profit but still has work to do
Rebecca Howard | Sat, 19 Sep 2020

Fonterra is well on track to revamping the cooperative, boosting earnings and slashing debt, but chief executive Miles Hurrell says the job isn’t done.

Opinion FREE
JEHAN CASINADER: People who are struggling won’t always ask for help
Jehan Casinader | Sat, 19 Sep 2020

Companies that think an Employee Assistance Programme counts as a wellbeing policy need to think again.

Economy
BRIAN GAYNOR: The big trade-off: Economic activity vs lives
Brian Gaynor | Sat, 19 Sep 2020

Global governments are facing a huge dilemma at present: how do they assess the trade-offs between economic activity and lives during the covid-19 pandemic?

Sponsored
Canon Business: Premium solutions for Commercial Bay

Precinct Properties is the largest owner and developer of premium inner-city business space in Auckland and Wellington, its latest flagship success is the transformational Commercial Bay on Auckland's waterfront. Canon knew that for such a high-calibre client, only a premium bespoke purpose-built solution would suffice when it came to providing market-leading print, mail and courier services to over 10,000 tenants in the development.

Partner Content
Buy-Now-Pay-Later – what’s driving the industry?

The Buy-Now-Pay-Later segment has truly taken the world by storm. It is incredibly impressive to think two Aussies were responsible for what has been a massive shift in consumption habits globally. It is highly likely that most people have come across one of the many providers, but how does the business model actually work and what’s driving the industry?