MARKET OPEN: Investors likely cheered by move to alert level 1, positive Wall Street
The domestic market may gain on news that New Zealand could normalise nearly all activity sooner than expected and after Wall Street ticked up with US investors shrugging off domestic unrest and focusing instead on the economic recovery. Prime Minister Jacinda Ardern signaled...
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NZ didn't join 'Five Eyes' in statement on Hong Kong
New Zealand did not join Canada, the UK, the US and Australia in a joint declaration condemning China’s national security legislation on Hong Kong although Deputy Prime Minister Winston Peters did reiterate the government’s “deep concern" about the situation. New Zealand is a...
MARKET OPEN: Trading may end week on tentative note
Trading may be tentative after Wall Street pared its gains on news that US President Donald Trump will hold a news conference on China on Friday. Wall Street turned negative on the news and the Dow Jones Industrial Average was down 0.5 percent at 8am in Wellington, while the S...
Filled jobs fell in April, confidence survey points to more losses
A record number of people lost their jobs in April when much of the country was in lockdown and more job losses are expected, according to ANZ Bank’s latest business outlook survey. Filled jobs fell 37,500, or 1.7 percent, in the month of April as covid-19 and restricted tradi...
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