Vista pauses China purchase as virus shuts cinemas
Vista Group International has "paused" the planned purchase of an additional stake in Vista China until the impact of the coronavirus crisis becomes clearer.The cinema software company announced the freeze on the deal at the same time as announcing its annual net profit fell 1.5...
Coronavirus to impact economy through 2020: Robertson
Coronavirus is likely to affect New Zealand's economy through 2020, rather than being a short, sharp shock in the March quarter, Finance Minister Grant Robertson said."The best-case scenario was that the containment option would work. That appears to be working in China but it's...
NZ dollar falls; coronavirus spreads to more countries
The New Zealand dollar was weaker as alarm over the spread of coronavirus builds and as warning signs of its impact on the New Zealand economy emerge. The kiwi was trading at 63.18 US cents at 5pm in Wellington from 63.47 cents at the same time yesterday. The trade-weighted in...
NZ dollar takes a breather, likely to fall further
The New Zealand dollar firmed, with traders expecting the currency's slide to resume as more news emerges on the spread of coronavirus beyond China. The kiwi was trading at 63.47 US cents at 5pm in Wellington from 63.24 cents at the same time yesterday. The trade-weighted inde...
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