NZ dollar climbs on strong US jobs numbers, stocks

NZ dollar climbs on strong US jobs numbers, stocks
Jenny Ruth
The New Zealand dollar continued to climb against the greenback after surprisingly strong United States jobs numbers and as US equities rallied. The domestic currency also strengthened against the Australian dollar as this country continues to demonstrate control over the coronavirus; with the Australian state of Victoria recording new cases of community transmission. The kiwi was trading at 65.12 US cents at 5pm in Wellington from 64.93 cents at the same time yesterday and 64.05 cents in New York last Friday. The trade-weighted index was...

More Markets

NZ stocks end firmly as outlook brightens
Markets Market Close

NZ stocks end firmly as outlook brightens

Improved, post-results season sentiment drove NZ stocks higher.

The Warehouse Albany and Silverdale could be first in line for store revamp
Retail

The Warehouse Albany and Silverdale could be first in line for store revamp

The Warehouse’s Albany and Silverdale stores could be first in line to undergo an interior revamp, according to chief executive Mark Stirton, who gave an update to shareholders at the company’s annual meeting on Friday.The meeting covered everything from the company’s 2025 financ...

Westpac cops $3.64m penalty for lender responsibility breaches
Finance

Westpac cops $3.64m penalty for lender responsibility breaches

Credit Contracts and Consumer Finance Act in focus again.

New Talisman in trading halt
Markets

New Talisman in trading halt

New Talisman Gold Mines has been placed in a trading halt because of its financial position.The mining company requested the halt, saying the board must meet “to consider the company’s current financial position and its strategic path forward”.“The board cannot reach a conclusion...