NZ dollar rises on hopes China's economy has stabilised
The New Zealand dollar rose after slightly better than expected Chinese data boosted hopes that the United States-China phase one trade deal signed earlier this week will mean the trade war will cease battering that economy. The kiwi was trading at 66.42 US cents at 5pm in Wel...
TIL downgrades earnings by up to 40%, suspends first-half dividend
TIL Logistics is expecting first-half operating profit will be down as much as 40 percent and has suspended its first-half dividend.The freight and logistics company said it expects earnings before interest, tax, depreciation and amortisation for the six months ended December wil...
NZ dollar rebounds amid disappointment over US-China trade deal
The New Zealand dollar was firmer after disappointment over the United States-China trade deal signed in Washington on Wednesday. The kiwi was trading at 66.30 US cents at 5pm in Wellington from 66.06 at the same time yesterday and at 96.02 Australian cents from 95.80 yesterda...
Turners aims to launch a vehicle subscription service in March
Turners Automotive Group is hoping to launch a vehicle subscription service in March under which people pay a flat monthly fee for the right to use a particular vehicle.Turners is licensing the concept from ASX-listed Collaborate, a company it bought a 12 percent stake in for $1...
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