Markets

MARKET CLOSE: NZ shares rally on US stimulus; beat-up stocks recover

Paul McBeth
Thu, 26 Mar 2020

New Zealand shares rose for a third day as the US$2 trillion stimulus package bolsters investor confidence that governments are throwing everything at the covid-19 pandemic. The S&P/NZX 50 Index increased 368.09 points, or 4 percent, to 9,632.47. Within the index, 43 stocks gained, six fell, and one was unchanged. Turnover was $210 million. US policymakers are finalising a massive bailout for the world’s biggest economy, providing support to businesses and workers as covid-19 spreads. Governments around the world have rolled out major pac...

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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?