MARKET CLOSE: Stock rally stalls as US virus response disappoints

Wed, 11 Mar 2020

New Zealand shares turned around an early rally as a lack of follow-through from the US on how it would respond to the covid-19 outbreak disappointed investors. The S&P/NZX 50 Index rose as much as 2.7 percent in early trading as investors recovered some lost confidence after a savage start to the week. The stand-off between Russia and Saudi Arabia over oil production added more uncertainty to an environment where a global recession remains a live threat in the face of the virus outbreak. But the local benchmark index ended the day down 2...

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Property

Developer Kurt Gibbons buys Ryman’s Newtown site

The land was formerly the site of Wellington's Tip Top bread factory.

Gregor Thompson 10:30am

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QuiznessDesk: Thursday, Oct 31

One Night in Bangkok was a hit song from what musical?By inserting an extra letter, what word meaning a small group of trees can be changed to one meaning a dead body?State Highway 2 between Gisborne and Opotiki passes through what gorge?What was the nickname of a 1940s Hollywood...

The Quizmaster 9:15am