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While you were sleeping: Equities, oil climb as Xi calms trade worries
By Margreet Dietz April 11 (BusinessDesk) - Equities on both sides of the Atlantic climbed, as did the price of oil, as Chinese President Xi Jinping said he remains committed to opening up the country’s economy, calming concerns about a global trade war. In his keynote addr...
MARKET CLOSE: NZ shares gain as Xi speech lifts sentiment; Pushpay, Ryman, Air NZ, ANZ rise
By Jonathan Underhill April 10 (BusinessDesk) - New Zealand shares rose as equity investors took heart from comments by Chinese President Xi Jinping that he favoured an open economy and lower tariffs. Pushpay Holdings, Ryman Healthcare, Air New Zealand, Trade Me and Australia...
NZ dollar gains as conciliatory President Xi soothes investor nerves
By Rebecca Howard April 10 (BusinessDesk) - The New Zealand dollar rose after Chinese President Xi Jinping soothed investor jitters over a possible trade war between China and the US. The kiwi gained to 73.30 US cents as at 5pm from 73.05 cents as at 8am in Wellington and 7...
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