Coronavirus fears ease, may lift domestic market
Markets are likely to be buoyed by optimism the coronavirus may be contained while the kiwi dollar also remains supported after the central bank moved to a hiking bias.US and European markets lifted after China reported its lowest number of new coronavirus cases in two weeks, bol...
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UPDATE: RBNZ rate-cut off the cards; coronavirus impact short
The Reserve Bank kept the official cash rate at 1 percent as widely expected but stripped out any chance of another cut and said it expects the impact of the coronavirus to be relatively short lived.The New Zealand dollar jumped after the statement and recently traded at 64.62 US...
RBNZ rate-cut off the cards; coronavirus impact short
The Reserve Bank kept the official cash rate at 1 percent as widely expected, but stripped out any chance of another cut and said it expects the impact of the coronavirus to be relatively short lived.The New Zealand dollar jumped after the statement and recently traded at 64.45 U...
Coronavirus will loom over May 14 budget
Finance Minister Grant Robertson has announced this year's budget will be on May 14, with the impact of the coronavirus outbreak too hard to assess for him to rule out the potential for it to cause a recession. The precise impact will depend on the duration of the outbreak and i...
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