NZD weaker as greenback gains on news US-China trade talks to recommence

NZD weaker as greenback gains on news US-China trade talks to recommence
Rebecca Howard
By Rebecca Howard July 24 (BusinessDesk) - The New Zealand dollar fell after the greenback got a lift from news that US trade negotiators will head to China to recommence trade talks. The kiwi was trading at 67.02 US cents at 8am in Wellington from 67.31 at 5pm.  The trade-weighted index eased to 73.42 points from 73.66. US trade negotiators will head to China for face-to-face talks as the world’s two largest economies try to strike a deal, sources told CNBC. The U.S. officials will travel to China for discussions sometime between F...

More Markets

Eroad shares slump 23% as it shifts focus from North America
Markets

Eroad shares slump 23% as it shifts focus from North America

Eroad cuts North America exposure, impairing $150m in assets.

$55m deal secures Santana mining land
Primary Sector

$55m deal secures Santana mining land

The gold miner now owns all the land where its best mining prospects lie.  

Quashed opens the door for challenger insurers
Markets Risky Business

Quashed opens the door for challenger insurers

Turners-backed comparison site could hit key milestone by year-end.

Fonterra’s fascinating exec incentive scheme
Opinion

Stock & Trade: Fonterra’s fascinating exec incentive scheme

Winston Peters has questioned bonuses linked to Fonterra’s $4.2b sale.