NZ dollar stalled; Hong Kong latest focus of China worries

NZ dollar stalled; Hong Kong latest focus of China worries
Jenny Ruth
By Jenny Ruth Aug. 13 (BusinessDesk) - The New Zealand dollar was little changed as investors eyed the unrest in Hong Kong amid speculation as to what China may do next after calling anti-government protests the first signs of “terrorism.” The kiwi was trading at 64.45 US cents at 5pm in Wellington from 64.46 at 8am. The trade-weighted index was unchanged at 71.71 points. “Currencies have been very quiet. We’re just seeing a little bit of US dollar buying and a little bit of weakness in the euro in the afternoon. People are looking to...

More Markets

NZ sharemarket down 0.2% as Trump retakes office
Markets Market Close

NZ sharemarket down 0.2% as Trump retakes office

The S&P/NZX 50 Index closed at 13.052.9, down 35.41 points or 0.27%.

Graham Skellern 21 Jan 2025
Rua Bioscience psilocybin study targets meth addiction
Markets

Rua Bioscience psilocybin study targets meth addiction

The ‘preparation step’ will be followed by an ‘experiential session’ with the mushroom.

Gregor Thompson 21 Jan 2025
Jarden sees Mercury, Genesis upside
Markets

Jarden sees Mercury, Genesis upside

Energy margin data points to earnings upgrades for both gen-tailers.

Pattrick Smellie 21 Jan 2025
Cooks Coffee continues strong sales growth
Retail

Cooks Coffee continues strong sales growth

The sales growth comes at a time of rapid expansion for the firm.

Staff reporters 21 Jan 2025