News in Brief

News in Brief
Morrison & Co vies with Vocus for Uniti
News in Brief

Morrison & Co vies with Vocus for Uniti

Australian telco infrastructure firm is in talks to be bought for A$3.1 billion.

Staff reporters 17 Mar 2022
GDP bounces back in final quarter
News in Brief the chart

GDP bounces back in final quarter

Despite the delta variant's disruption, the economy grew by 5.6% in 2021.

Staff reporters 17 Mar 2022
Wakeup call: US Fed sees six more hikes
News in Brief

Wakeup call: US Fed sees six more hikes

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. 

Bernard Hickey 17 Mar 2022
NZ shares gain on open border and cheaper oil
News in Brief market close

NZ shares gain on open border and cheaper oil

A BNZ strategist said the covid-19 lockdown in China – the world’s largest oil importer – could result in less demand for crude oil.

Dan Brunskill 16 Mar 2022