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While you were sleeping: Tech stocks slide
By Margreet Dietz Nov. 30 (BusinessDesk) - Wall Street was mixed amid a broad-based decline in technology stocks including Apple, Amazon and Netflix. In prepared remarks for testimony before the congressional Joint Economic Committee in Washington, Federal Reserve Chair Jan...
MARKET CLOSE: NZ shares gain with Fletcher 'bargain-hunting'; Sky TV falls, Orion Health hits record low
By Sophie Boot Nov. 29 (BusinessDesk) - New Zealand shares gained, with Fletcher Building rising as investors were lured back after its recent weakness, while Orion Health Group hit a record low. The S&P/NZX 50 Index rose 0.01 percent, or 0.47 points, to 8,141.96. Within th...
NZ dollar falls as US tax cut progress, Powell's rate hike signal lift greenback
By Rebecca Howard Nov. 29 (BusinessDesk) - The kiwi fell as the US dollar gained ground on signs of progress on American tax cuts and after Federal Reserve chair nominee Jerome Powell signaled a December rate hike was on the cards. The kiwi traded at 68.88 US cents as at 5...
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