MARKET OPEN: Fonterra announcement may temper lift in global sentiment

Rebecca Howard
Thu, 21 May 2020

 A lift on Wall Street may spur domestic investor appetite, although an announcement from Fonterra Dairy Cooperative on its forecast payment for the 2020-21 season could set the tone. The Dow Jones Industrial Average was up 1.5 percent at 8:20am in Wellington, while the S&P500 was up 1.7 percent and the Nasdaq was up 2.1 percent, all lifted by improving risk appetite as investors begin to bank on a recovery in the US. "Markets are being buoyed by policy support, with policymakers stressing that resources will be made available," said ANZ...
Opinion
JEHAN CASINADER: Black lives matter – but changing your Facebook photo does not
Jehan Casinader | Sat, 06 Jun 2020

My Facebook timeline is a sea of black.  During the week, many of my friends posted photos of empty black squares, to express their anger at the brutal killing of Minneapolis man George Floyd.The idea...

Markets
Is the art market covid-proof? Well, just maybe
Pattrick Smellie | Sat, 06 Jun 2020

Wellington art auction house Dunbar Sloane marked the end of an era this week, bringing the hammer down - or in this case, an HB pencil clasped in the left hand of veteran auctioneer Anthony Gallagher...

Listed Companies
BRIAN GAYNOR: Colin Neal – taking the NZX by storm
Brian Gaynor | Fri, 05 Jun 2020

Who is Colin Neal, the former Big Chill owner who sold out to Freightways and is now charging like a bull through the NZX? Neal has gone from refrigerated transport to brewing and restaurants to st...

SPONSORED
Telcos in lockdown, and beyond

Geoff Thorn, CEO, NZ Telecommunications Forum says modern connectivity was a major benefit during lockdown, so it’s important to ensure long term sustainability of the networks

SPONSORED
Profit or Loss: The Dangers of Fake ROI

It's hard to know what is going to happen in the future. This virus and its effects are changing everything, so businesses need to take a careful look at their marketing.