News in Brief

News in Brief
Big acquisitions lift NZX 50
Markets market close

Big acquisitions lift NZX 50

Investment advisor, Peter McIntyre said the dual acquisitions were helping to hold the index up while traders waited for US inflation data to be released.

Dan Brunskill 10 Dec 2021
Amazon offers free shipping deal
Retail

Amazon offers free shipping deal

Online shopping giants Amazon is offering New Zealand customers an early gift in the lead-up to Christmas.

Staff reporters 10 Dec 2021
Wakeup call: Evergrande defaults smoothly
Property Free

Wakeup call: Evergrande defaults smoothly

Global stock and bond markets were broadly calm and mostly flat after the collapse of China's biggest apartment builder.

Bernard Hickey 10 Dec 2021
NZ shares settle down after rally, Fonterra units jump
Markets Market close

NZ shares settle down after rally, Fonterra units jump

US markets consolidated overnight after bouncing more than 3% over the previous two sessions while global interest rates pushed higher.

Dan Brunskill 09 Dec 2021