New Zealand business reacts to Donald Trump's victory

New Zealand business reacts to Donald Trump's victory
“America has given us an unprecedented and powerful mandate,” Donald Trump says. (Image: Getty)
Gregor Thompson
New Zealand business woke up on Thursday to the news that Donald Trump will re-enter the White House in January.“America has given us an unprecedented and powerful mandate,” Trump said in his victory speech in Florida, predicting a “golden age” under his new administration. ASB senior economist Mark Smith said that if the Republican Party also controls the House of Representatives, Trump would have the licence to carry out his America First policy agenda. “Already large US fiscal deficits could move highe...

More Markets

NZ sharemarket declined almost 2% this week
Markets Market close

NZ sharemarket declined almost 2% this week

The S&P/NZX 50 Index closed at 12,809.59 points, down 87.36 points or 0.68%.

Graham Skellern 06 Dec 2024
Updated: Methanex paid $200m to idle operations
Markets

Updated: Methanex paid $200m to idle operations

Genesis and Contact forked out millions to keep the lights on.

Ian Llewellyn 06 Dec 2024
THL slashes about 100 jobs
Markets

THL slashes about 100 jobs

THL is targeting a $12m after-tax profit cost savings in the 2027 financial year.

John Anthony 06 Dec 2024
Dutch wealth fund buys big Hawke's Bay apple orchard
Property

Dutch wealth fund buys big Hawke's Bay apple orchard

Vendor John Bostock is staying on as manager of the 62ha organic property.

John Anthony 06 Dec 2024