MARKET OPEN: Weak IMF outlook likely to temper investor optimism

MARKET OPEN: Weak IMF outlook likely to temper investor optimism
Rebecca Howard
Another positive session on Wall Street may help investor sentiment, although gains may be tempered as the International Monetary Fund slashes global growth forecasts.  Wall Street gained as the US moves toward a partial reopening of its economy. White House adviser Larry Kudlow said President Donald Trump would make a number of announcements about re-opening the US economy in the next day or two as the health crisis appeared to be ebbing, Reuters reported. Some state governors, however, say the decision lies with them. The Dow Jones I...

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NZ sharemarket edges higher as F&P Healthcare weighs on gains
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NZ sharemarket edges higher as F&P Healthcare weighs on gains

The S&P/NZX 50 Index closed 14.49 points or 0.11% down at 13,391.59.

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Contact Energy expands global investor base
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Contact Energy expands global investor base

Contact Energy priced an inaugural €500 million (NZ$1.01b) 7-year senior bond under its Euro Medium Term Note (EMTN) Programme, it said Friday.“This marks a milestone in Contact’s funding strategy, expanding our global investor base and reinforcing our commitment to sustainable f...

Rebecca Howard 24 Oct 2025
Kiwibank wary of capital-review barrier to growth
Finance

Kiwibank wary of capital-review barrier to growth

Kiwibank raises issues of competitive advantage.

Andy Macdonald 24 Oct 2025
Cash or invest? What Allied Farmers could do with $7m
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Cash or invest? What Allied Farmers could do with $7m

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