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NZ dollar rises on hopes China's economy has stabilised
The New Zealand dollar rose after slightly better than expected Chinese data boosted hopes that the United States-China phase one trade deal signed earlier this week will mean the trade war will cease battering that economy. The kiwi was trading at 66.42 US cents at 5pm in Wel...
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Rio Tinto reiterates Tiwai position as aluminium prices stay weak
ASX-listed mining giant Rio Tinto is lobbying on both sides of the Tasman as it seeks cheaper energy for its aluminium smelters.The majority owner of the Tiwai Point smelter said the aluminium industry continued to face low profitability in what it described as challenging condit...
NZ's Laybuy looks to deeper Aussie market for listing
New Zealand buy now, pay later provider Laybuy plans to list on the Australian stock exchange by May as it looks to benefit from a trail blazed by Afterpay. The aim is to raise around A$45 million in an initial public offering, following a pre-IPO capital raising of A$10 million...
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