MARKET OPEN: Better night on Wall Street to help sentiment

MARKET OPEN: Better night on Wall Street to help sentiment
Rebecca Howard
The local market may trade in positive territory after Wall Street recovered some of its losses on renewed hopes of further coronavirus-related fiscal stimulus from Congress.House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin both raised the prospect of resuming negotiations on another economic stimulus package, Bloomberg reported.“If the Democrats are willing to sit down, I’m willing to sit down anytime for bipartisan legislation. Let’s pass something quickly,” Mnuchin said during a Senate Banking Committee...

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Expectations of rate cuts boost NZ sharemarket in light trade
Markets Market close

Expectations of rate cuts boost NZ sharemarket in light trade

There were 89 rises and 48 falls on the main board.

Smart CEO Anna Scott resigns
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Smart CEO Anna Scott resigns

Anna Scott will take up her new role on October 1.

Fonterra’s NZ milk collections hit five-year high
Primary Sector

Fonterra’s NZ milk collections hit five-year high

The increased production comes as forecast milk prices point to record levels.