NZ dollar rises on hopes for US-China trade talks, Vodafone deal
By Jenny Ruth | Tue, 14 May 2019
By Jenny Ruth May 14 (BusinessDesk) - The New Zealand dollar was a little stronger after US President Donald Trump said he expects his country’s trade negotiations will be successful. There was...
NZ shares drop on US-China trade jitters, Infratil's Vodafone purchase
By Rebecca Howard | Tue, 14 May 2019
By Rebecca Howard May 14 (BusinessDesk) - New Zealand shares fell on fears the US-China trade stoush will hit global growth, and as investors were wary of Infratil and Brookfield Asset Management's...
UPDATE: Auckland house price deflation accelerates as sales volumes plummet
By Jenny Ruth | Tue, 14 May 2019
(Updates with comment and further details from 4th par) By Jenny Ruth May 14 (BusinessDesk) - The decline in Auckland house prices is starting to accelerate as the number of house sales plummet,...
NZ dollar weighed on by escalating trade tensions as China retaliates
By Rebecca Howard | Mon, 13 May 2019
By Rebecca Howard May 14 (BusinessDesk) - The New Zealand dollar continued to be weighed on by escalating global trade tensions, with China now saying it will raise tariffs on some US goods from Ju...
CORRECT: NZ dollar rises against China's yuan amid escalating US/China trade tensions
By Jenny Ruth | Mon, 13 May 2019
(corrects punctuation in third to last sentence) By Jenny Ruth May 13 (BusinessDesk) - The New Zealand dollar rose against China’s yuan as that country devalued its currency as part of its damag...
MARKET CLOSE: NZ shares rise as Trustpower hits record on special dividend
By Paul McBeth | Mon, 13 May 2019
By Paul McBeth May 13 (BusinessDesk) - New Zealand shares rose in quiet trading, with Trustpower hitting a record after declaring a special dividend at today's earnings result. Fonterra fund units...
Australasian share markets insulated from US/China turmoil so far
By Jenny Ruth | Sun, 12 May 2019
By Jenny Ruth May 13 (BusinessDesk) - Australasian share markets held up better than most last week as key major indices tumbled amid renewed anxiety about whether the United States and China can r...
NZ dollar weaker as US threatens even more tariffs on China
By Rebecca Howard | Sun, 12 May 2019
By Rebecca Howard May 13 (BusinessDesk) - The New Zealand dollar was weaker early Monday after the US moved to impose additional tariffs on China and said there are more to come as last week's talk...
MARKET CLOSE: NZ shares edge lower as US-China trade fears weigh
By Paul McBeth | Fri, 10 May 2019
By Paul McBeth May 10 (BusinessDesk) - New Zealand shares dipped from a record as the uncertain outcome of the US-China trade talks weighed on investor sentiment. The S&P/NZX 50 Index decreased...
NZ dollar little changed as market awaits US-China trade developments
By Jenny Ruth | Fri, 10 May 2019
By Jenny Ruth May 10 (BusinessDesk) - The New Zealand dollar was little changed as the market awaits further news on the US-China trade negotiations. That was despite new tariffs that President...
NZ dollar firms as investors await outcome of US-China trade talks
By Rebecca Howard | Thu, 09 May 2019
By Rebecca Howard May 10 (BusinessDesk) - The New Zealand dollar firmed on improved prospects for a deal out of US-China trade talks this week. The kiwi was trading at 65.91 US cents at 8am in W...
MARKET CLOSE: NZ shares extend gain on low-rate tailwind; Vista at record
By Paul McBeth | Thu, 09 May 2019
By Paul McBeth May 9 (BusinessDesk) - New Zealand shares rose for a third day as the Reserve Bank's rate cut provides another tailwind to the stock market. Vista Group International hit a record. ...