NZ dollar treads water amid covid developments

NZ dollar treads water amid covid developments
Jenny Ruth
The New Zealand dollar was little changed from its close in New York on Friday as the market eyed coronavirus developments and the impasse in the United States congress on passing a new economic support package. The kiwi was trading at 66.35 US cents at 5pm in Wellington from 66.29 cents in New York on Friday but down from 67.05 locally at 5pm on Friday, while the trade-weighted index was at 72.13 from 72.57 at 5pm on Friday. California became the worst affected US state last week and has more than half a million people infected with covi...

More Markets

NZX lifts 0.2% as markets wait for US Fed decision
Markets Market Close

NZX lifts 0.2% as markets wait for US Fed decision

The S&P/NZX 50 gained 0.2% to 13,234.89 points on Tuesday.

Oceania forecasts sales lift as it targets debt
Property

Oceania forecasts sales lift as it targets debt

It said sales applications had lifted 23% between July and August.

New structure, powers for ComCom
Markets

New structure, powers for ComCom

Groceries, aviation, building supplies, digital services carparking all get a mention.

NZME shareholder Jim Grenon lifts investment in media firm
Markets

NZME shareholder Jim Grenon lifts investment in media firm

NZME shareholder and director Jim Grenon has lifted his investment in the media business for the second time in recent weeks, to just under 18%.A notice to the NZX on Monday stated Grenon had lifted his shareholding from 15.963% to 17.932%, after acquiring 3.7 million shares for...