NZ dollar holds gains against greenback; eyes on US jobs data

NZ dollar holds gains against greenback; eyes on US jobs data
Rebecca Howard
By Rebecca Howard June 7 (BusinessDesk) - The New Zealand dollar remained firm but largely range-bound with pending US jobs data capping some of the risk appetite gained on news that US-Mexico tariffs may be delayed.    The kiwi was trading at 66.23 US cents at 8am from 66.26 US cents at 5pm in Wellington. The trade-weighted index was at 72.65 points from 72.76. Markets were cheered after Bloomberg cited unidentified sources saying that US President Donald Trump could delay the tariffs he had threatened to put on Mexican goods as soon...

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NZ sharemarket ends week down 0.8%
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NZ sharemarket ends week down 0.8%

The S&P/NZX 50 Index closed at 13,024.7, down 35.38 points or 0.27%.

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Being AI vs Clare Capital: $150k settlement reached
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Being AI vs Clare Capital: $150k settlement reached

Being AI filed defamation proceedings against Clare Capital and its directors in April.

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Akaroa King Salmon boss steps down after 23 years
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Scotsman Stewart Hawthorn takes over from Duncan Bates as Akaroa King Salmon CEO.

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Blair Turnbull named CEO of Milford Asset Management
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Blair Turnbull named CEO of Milford Asset Management

Blair Turnbull is set to take the helm as chief executive of Milford Asset Management from March 12.Turnbull, currently CEO of Tower, replaces Mark Ryland. “As we welcome Blair to Milford, we extend our appreciation to Mark Ryland, who will step down as CEO on Blair’s commencemen...

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