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MARKET CLOSE: NZ market dives on escalating US-China trade war
By Victoria Young Aug. 6 (BusinessDesk) - The New Zealand share market took a hit in a day of red on signs China may use its currency to stand up to the US in the two countries’ escalating trade war. The S&P/NZX 50 Index fell 178.86 points, or 1.7 percent, to 10,587.17. Wi...
NZ dollar falls after short-lived bounce on strong jobs data
By Jenny Ruth Aug. 6 (BusinessDesk) - The New Zealand dollar weakened after a short-lived bounce on stronger-than-expected employment numbers. Economists don’t expect the data will prevent the Reserve Bank from cutting its official cash rate tomorrow. The kiwi was trading a...
Spark signs up 150 schools to show Rugby World Cup for free
By Victoria Young Aug. 6 (BusinessDesk) - Less than seven weeks out from the Rugby World Cup, Spark says it is offering New Zealanders as many opportunities as possible to watch the tournament, including through 150 rural schools. The telco turned broadcaster has been addr...
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