Subscribe today - find out more
Why you should consider BusinessDesk
Retail

NZ dollar lower on stronger than expected US retail data

Rebecca Howard
Sun, 16 Jun 2019

By Rebecca Howard June 17 (BusinessDesk) - The New Zealand dollar was trading lower after stronger than expected US retail data ahead of the Federal Reserve's meeting this week.  The kiwi was trading at 64.91 US cents from 65.34 US cents at 5pm in Wellington Friday. The trade-weighted index was at 71.61 from 71.89.  US retail sales lifted in May and April was also revised higher, suggesting a pick-up in consumer spending and easing fears about an economic slowdown. Headline retail sales rose 0.5 percent on the month in May, from a r...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Infrastructure
Climate denial, democracy and Vector: inside the Entrust election
Ian Llewellyn | Tue, 19 Oct 2021

Climate change and dividends are the central issues in yet another bitterly divided election, to which most voters are unlikely to pay any attention.

Coronavirus
New 3-storey planning rules, shorter MIQ in prospect this week
Pattrick Smellie | Tue, 19 Oct 2021

Also expected this week is an announcement from covid response minister Chris Hipkins to reduce managed isolation and quarantine stays from 14 days to nine.

Technology
Ministry of Health: two vaccine certificates for data reasons
Henry Burrell | Tue, 19 Oct 2021

New Zealand’s international vaccine certificates will be based on the EU standard.

Sponsored
Let's not lose sight of the wood for the trees

As much generation will need to be built in the next 14 years as has been built in the last 40+ years for Aotearoa to meet its commitment of achieving net zero emissions by 2050.

Sponsored
Getting the health and safety of remote workers right

With many staff working alone or in isolated situations, workplace health and safety is an operational priority. Here is how your business can protect remote workers.