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BRIAN GAYNOR: Ageing knights in spotlight for wrong reasons
Markets

Brian Gaynor: BRIAN GAYNOR: Ageing knights in spotlight for wrong reasons

Recent developments regarding Sir Bob Jones and Sir Ron Brierley have been sad for one and devastating for the other.The two ageing businessmen - Jones is 80 and Brierley 82 - were sharemarket rock stars in the 1980s, but investors suffered huge losses in their listed companies.L...

Brian Gaynor 21 Feb 2020
MARKET CLOSE: NZ shares edge higher as earnings season rewards investors
Markets

MARKET CLOSE: NZ shares edge higher as earnings season rewards investors

New Zealand shares edged higher today, rounding out the second week of major earnings with a 2 percent weekly gain. The S&P/NZX 50 Index increased 8.48 points, or 0.07 percent, to 12,073.34. Within the index, 17 stocks gained, 30 fell, and three were unchanged. Turnover was $1...

Dan Brunskill 21 Feb 2020
NZ dollar extends slide as virus concerns grow
Markets

NZ dollar extends slide as virus concerns grow

The New Zealand dollar extended its decline amid ongoing uncertainty at the economic impact of the coronavirus crisis and growing mistrust of what Chinese officials say about the disease's spread. The kiwi was trading at 63.11 US cents at 5 pm in Wellington, off the day's low...

Jenny Ruth 21 Feb 2020