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Markets
MARKET OPEN: Easing of lockdown restrictions may help sentiment
The local stock market may push higher on news that most lockdown restrictions could be eased by the end of June but trading will likely be light after holidays in the US and UK. The government would consider whether and when the country could move to the lowest alert level in...
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Coronavirus
Vodafone committed to 5G, 'internet of things' future
Projects have fallen off his wish list during the covid-19 response but Vodafone chief executive Jason Paris has no plans to apply the brakes to deployment of its 5G network, as the firm focuses on the "internet of things.""It is a massive opportunity for business, offering lower...
Markets
MARKET CLOSE: NZ shares gain in light trading as investors eye US-China tension
New Zealand shares rose in light trading ahead of public holidays in the US and UK, as investors remain wary of growing tensions between the US and China. The S&P/NZX 50 Index advanced 113.17 points, or 1.1 percent, to 10,775.80. Within the index, 33 stocks rose, 11 fell and...
Property
Kiwi Property retail traffic down just 8% in level 2 from a year ago
Kiwi Property Group said visitors to its shopping centres since the country entered alert level 2 on May 14 have returned to being down just 8 percent on the same time last year.However, it has been improving day-by-day to being down about 5 percent on last year now, although som...
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