NZ dollar falls as US strike in Iraq prompts flight to safety

NZ dollar falls as US strike in Iraq prompts flight to safety
Gavin Evans
The New Zealand dollar weakened after a US airstrike near Baghdad airport killed a senior commander in Iran’s Revolutionary Guard, boosting oil prices and prompting a flight to the safety of gold and the greenback.General Qassem Soleimani, head of the Revolutionary Guards’ elite Quds Force, was killed shortly after landing at Baghdad airport, Al Jazeera reported. The strike, a response to attacks on the US embassy in Baghdad, also killed Iraqi militia leader Abu Mahdi al-Muhandis and several others, the Popular Mobilisation Forces told Reuters....

More Markets

Robust update from Tauranga Port perks up NZX
Markets Market close

Robust update from Tauranga Port perks up NZX

Numbers hide 'a lot of paddling' going on under the surface. 

Graham Skellern 25 Oct 2024
Jarden upgrades Michael Hill ahead of Christmas
Finance

Jarden upgrades Michael Hill ahead of Christmas

Since a Wednesday trading update, company's shares have risen 9%.

Gregor Thompson 25 Oct 2024
NZ Windfarms buys NZ's oldest windfarm
Infrastructure

NZ Windfarms buys NZ's oldest windfarm

Bottom end of ebitdaf guidance is $1.5m higher than previous estimate.

John Anthony 25 Oct 2024
Winton chair defends Sunfield development
Property

Winton chair defends Sunfield development

Winton wants to develop the Sunfield masterplanned community at Takanini.

Gregor Thompson 25 Oct 2024