NZ dollar eases on increasing US-China doubts, lack of news in Fed minutes

Gavin Evans
Thu, 21 Nov 2019

The New Zealand dollar eased with a lack of progress on the China-US trade talks weighing on investor sentiment generally and the latest Federal Reserve minutes adding little fresh to the global rates outlook. The kiwi was trading at 64.10 US cents at 8:20am from 64.18 US cents at 5pm. The trade-weighted index was at 70.96 points from 70.97. “Markets are seeing enough headlines to fret somewhat over the US-China phase one trade deal,’’ BNZ’s Brendan Marsh said in a client note. “The US senate’s passage of a bill showing support for Hon...
Steel & Tube shares jump 5% on break-even forecast
Dan Brunskill | Mon, 10 Aug 2020

Shares in Steel & Tube Holdings leapt more than 5 percent when the company told the market it expected to report cash positive operating earnings. The firm said it will break even for the June-year...

Primary Sector
Possible breach of code in 2013 New Image takeover
Rebecca Howard | Mon, 10 Aug 2020

A takeover of New Image Group by New Image Trustee in 2013 may have breached the Takeovers Code.

Opinion FREE
TIM HAZLEDINE: No more job subsidies, thank you
Tim Hazledine | Mon, 10 Aug 2020

The government has pulled the plug on two major job subsidy schemes.

Partner Content
Digital Transformation

Keeping up with the ever-changing digital age can be daunting. Executives around the world are continually striving to improve their operations by embracing digital transformation, the new way of working that transcends traditional and outdated business practices.

Partner content
Don’t fear the robots. How software can help your business succeed

New Zealand businesses are on the road to recovery from the economic impact of the Covid-19 crisis but they, like corporates around the world, are having to change their operational practices.