MARKET OPEN: New covid-19 outbreak still a worry
By Rebecca Howard | Thu, 13 Aug 2020
Investors will be cheered by a better night on Wall Street but local developments remain at the fore as the country grapples with a new community outbreak of covid-19. New Zealand has four positive...
MARKET OPEN: Lockdown weighs on NZ dollar, sentiment
By Rebecca Howard | Wed, 12 Aug 2020
The New Zealand dollar is weaker and domestic traders will be jittery after new NZ lockdown restrictions were imposed after four cases of covid-19 were detected outside of quarantine. Prime Minist...
Laybuy shareholders to pocket A$40m in ASX listing
By Rebecca Howard | Tue, 11 Aug 2020
Laybuy shareholders will take some money off the table in an A$80 million initial public offering on the ASX this month.The New Zealand buy now, pay later provider is offering the shares at A$1.41 api...
MARKET OPEN: China-US tensions and RBNZ on investors' radar
By Rebecca Howard | Tue, 11 Aug 2020
A mixed night on Wall Street won’t spur much local buying as investors await the Reserve Bank’s rate decision and commentary tomorrow and also keep one eye on US-China tensions. China has placed sa...
More evidence the post-lockdown bounce is fading
By Rebecca Howard | Mon, 10 Aug 2020
The preliminary August reading of the ANZ Business Outlook adds to the view the post-lockdown rebound has run its course.A net 42.4 percent of businesses were downbeat about the economy's fortunes...