Fonterra’s China farms sale claws back half its $1b investment
Primary Sector

Fonterra’s China farms sale claws back half its $1b investment

Fonterra will use sale proceeds to pay down debt in line with decision to focus on NZ farmers' milk, it says.

Rebecca Howard 05 Oct 2020
MARKET OPEN: Offshore events to dominate

MARKET OPEN: Offshore events to dominate

Offshore events will dominate sentiment as headlines continue to roll about US President Donald Trump’s battle with covid-19, the impact on the US election and ongoing US fiscal stimulus negotiations.US markets were unsettled after news the US leader and his wife had tested posit...

Rebecca Howard 05 Oct 2020
MARKET OPEN: Better night on Wall Street to help sentiment
Markets

MARKET OPEN: Better night on Wall Street to help sentiment

The local market may trade in positive territory after Wall Street recovered some of its losses on renewed hopes of further coronavirus-related fiscal stimulus.

Rebecca Howard 25 Sep 2020