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MARKET CLOSE NZ shares gains as risk appetite lifts; Xero, Diligent, Ryman rise
July 22 (BusinessDesk) – New Zealand shares rose, paced by some of this year’s strongest performers such as Xero, Diligent Board member Services and Ryman Healthcare, amid signs investors are regaining their appetite for risk as US earnings season generally doesn’t disappoint....
NZ dollar little changed after 6.5-magnitude quake sends capital into a spin
By Paul McBeth July 22 (BusinessDesk) - The New Zealand dollar was little changed after a 6.5-magnitude earthquake in the Cook Strait shut down parts of the capital city as authorities assessed the damage which was ultimately found to be largely superficial. The kiwi traded at...
Wellington to re-open for business tomorrow, one-in-five chance of a ‘big one’ this week
By Paul McBeth July 22 (BusinessDesk) - New Zealand’s capital city will be open for business tomorrow after a 6.5 magnitude earthquake hit the Cook Strait, while scientists say there’s a one-in-five chance of a similar-size temblor this week. Wellington Mayor Celia Wade-Brown...