NZ dollar stalled, awaiting further US-China trade developments

Jenny Ruth
Fri, 29 Nov 2019

The New Zealand dollar remained mired in the same narrow range it has been stuck in for the past fortnight, although with a slight bias to the upside. That's because global markets continue to await definitive news on whether China will retaliate after US President Donald Trump signed a bill supporting protesters in Hong Kong. The kiwi was trading at 64.23 US cents at 5pm in Wellington from 64.14 cents at 8am and 64.22 cents at 5pm yesterday. The trade-weighted index was at 71.22 from 71.15. China's response to the new US law has been...
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.

Case for closing Taranaki plant 'accelerating' - Contact
Gavin Evans | Mon, 10 Aug 2020

Rising gas and carbon costs are “accelerating the case” for replacing Contact Energy’s biggest gas-fired power station with renewables.

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.