Coronavirus to remain front of mind for investors

Coronavirus to remain front of mind for investors
Rebecca Howard
The coronavirus will likely remain front of mind as countries evacuate their citizens and airlines cancel flights to China but a lift on Wall Street could boost local investor sentiment. Japan and the US began evacuating people from Wuhan, the city considered to be the epicentre of the outbreak. The US government relocated approximately 210 citizens back to the United States, the Centre for Disease Control said.“These individuals will be screened before they take off; monitored during the duration of the flight by medical personnel on boar...

More Markets

NZ stocks end firmly as outlook brightens
Markets Market Close

NZ stocks end firmly as outlook brightens

Improved, post-results season sentiment drove NZ stocks higher.

The Warehouse Albany and Silverdale could be first in line for store revamp
Retail

The Warehouse Albany and Silverdale could be first in line for store revamp

The Warehouse’s Albany and Silverdale stores could be first in line to undergo an interior revamp, according to chief executive Mark Stirton, who gave an update to shareholders at the company’s annual meeting on Friday.The meeting covered everything from the company’s 2025 financ...

Westpac cops $3.64m penalty for lender responsibility breaches
Finance

Westpac cops $3.64m penalty for lender responsibility breaches

Credit Contracts and Consumer Finance Act in focus again.

New Talisman in trading halt
Markets

New Talisman in trading halt

New Talisman Gold Mines has been placed in a trading halt because of its financial position.The mining company requested the halt, saying the board must meet “to consider the company’s current financial position and its strategic path forward”.“The board cannot reach a conclusion...