Wellington 6.5 magnitude quake closes trading rooms, sends capital into slow motion

Sun, 21 Jul 2013

By Paul McBeth July 22 (BusinessDesk) - A 6.5 magnitude earthquake in New Zealand’s Cook Strait has closed Wellington financial trading rooms and shut down portions in the capital city as local authorities assess the damage. Wellington trading desks at Bank of New Zealand and ANZ Bank New Zealand are closed as corporates in the capital join the rest of the city in checking buildings following a swarm of quakes off the coast near Seddon in the upper South Island that topped out with a magnitude 6.5 shake at 5.09 pm on Sunday, bigger than the...

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