NZ dollar eases against greenback on US-China jitters

NZ dollar eases against greenback on US-China jitters
Rebecca Howard
By Rebecca Howard July 31 (BusinessDesk) - The New Zealand dollar eased against the greenback after US President Donald Trump berated China on Twitter just as a new round of trade talks between the two nations kicks off.  The kiwi was trading at 66.15 US cents at 8am in Wellington from 66.28 cents at 5pm yesterday. The trade weighed index was at 72.81 from 72.97 points. Trump tweeted that "China is doing very badly, worst year in 27 - was supposed to start buying our agricultural product now - no signs that they are doing so. That is t...

More Markets

Rua Gold secures funding to step up hunt for NZ gold
Markets

Rua Gold secures funding to step up hunt for NZ gold

The funds will be used to carry out exploration over the next 12 to 18 months.

Former CBL CFO must pay $1.2m for disclosure breaches
Markets

Former CBL CFO must pay $1.2m for disclosure breaches

The case was a first for New Zealand courts, FMA says.

Investore buys New Lynn Bunnings site for $43 million
Property

Investore buys New Lynn Bunnings site for $43 million

Investore Property has struck a deal to acquire the Bunnings complex in New Lynn, Auckland.The company told the market on Friday it had entered an unconditional agreement to acquire the property for $43 million.The 2.2-hectare site at 2–12 Titirangi Rd features an 11,000sq m buil...

Consumer confidence ticks up in June
Retail

Consumer confidence ticks up in June

The ANZ-Roy Morgan Consumer Confidence index lifted 6 points to 98.8 in June.The future conditions index – made up of forward-looking questions – rose 8 points to 104.8, recovering last month’s fall. The current conditions index rose 3 points to 89.8.Perceptions of current person...