Australian telco infrastructure firm is in talks to be bought for A$3.1 billion.
Despite the delta variant's disruption, the economy grew by 5.6% in 2021.
The Fed hiked its official interest rate as expected, but its forecast for six more hikes was tougher than market expectations and triggered selling in stocks and bonds while earlier, China promised more economic stimulus to rescue its slumping stock market.
A BNZ strategist said the covid-19 lockdown in China – the world’s largest oil importer – could result in less demand for crude oil.