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

Entain makes play at one of SkyCity’s revenue streams
Markets

Entain makes play at one of SkyCity’s revenue streams

Entain and TAB NZ want exclusive rights to 'virtual sports'.

NZ sharemarket starts week down 0.2%
Markets Market Close

NZ sharemarket starts week down 0.2%

The S&P/NZX 50 Index closed at 12,876.35, down 25.84 points or 0.2%.

Graham Skellern 10 Feb 2025
Red carpet for foreign investors at March summit
Policy

Red carpet for foreign investors at March summit

The summit will showcase NZ infrastructure investment opportunities.

Pattrick Smellie 10 Feb 2025
Genesis in talks with Foresta for major Huntly biofuels deal
Markets

Genesis in talks with Foresta for major Huntly biofuels deal

Foresta says it could produce more than 300,000 tonnes of energy-dense biofuel a year.

Greg Hurrell 10 Feb 2025