Donald Trump, Xi Jinping to talk trade as economic titans jockey for edge

A trade war between two economic titans will face a critical junction Saturday (US time), when President Donald Trump meets China's Xi Jinping at a moment when both sides are signaling a desire to de-escalate the year-long conflict,... Source: NZ Herald Business News

By | June 28th, 2019|Business|0 Comments

NZ shares post 6.4% gain in June quarter as yield remains king

The benchmark S&P/NZX 50 Index rounded out a 6.4 per cent gain in the June quarter, with demand for infrastructure, utilities, and property firms driving the benchmark to another record. The index today rose 69.88 points, or 0.7... Source: NZ Herald Business News

By | June 28th, 2019|Business|0 Comments

Real-time pricing to mark biggest electricity market change since birth in 1996

Businesses and households will get clearer electricity price signals under the biggest change to the wholesale power market since it was established in 1996.Under the changes planned by the Electricity Authority, customers will... Source: NZ Herald Business News

By | June 28th, 2019|Business|0 Comments

NZ dollar headed for weekly gain ahead of US-China talks

The New Zealand dollar is headed for a 1.7 per cent weekly gain as markets are positioned for good news on the US-China trade front.The kiwi was trading at 66.98 US cents at 5pm versus 67.00 cents at 8am in Wellington. It was at... Source: NZ Herald Business News

By | June 28th, 2019|Business|0 Comments

People go potty for Hastings plumber

Hawke's Bay has gone potty for Kenny Geenty's plumbing - so much so that he found himself in Queensland accepting a Plumber of the Year title.Currently working for Advanced Plumbing in Hastings, Geenty certainly has a handle on... Source: NZ Herald Business News

By | June 28th, 2019|Business|0 Comments

Local Focus: Te reo Māori card game makes play for schools

Eliot Jessep and Ben Hawken have created a game like no other. Tà„karo - meaning to play - is a memory-style card game with the aim of helping players develop a better understanding of te reo. "When I was at school, I didn't get... Source: NZ Herald Business News

By | June 28th, 2019|Business|0 Comments

Huawei warns US patent curbs would hurt global tech

Chinese tech giant Huawei warned Thursday a US senator's proposal to block the company from pursuing damages in patent courts would be a "catastrophe for global innovation."The proposal comes amid mounting US action against Huawei,... Source: NZ Herald Business News

By | June 27th, 2019|Business|0 Comments

NZ shares rise as yield hunt lifts Genesis, Auckland Airport to records

New Zealand shares rose as companies offering reliable dividends remain attractive in the persistently low interest rate environment. Genesis Energy and Auckland International Airport hit records. The S&P/NZX 50 Index increased... Source: NZ Herald Business News

By | June 27th, 2019|Business|0 Comments

NZ dollar holds gains as world awaits G20 result

The New Zealand dollar was stuck within a 15-point range against the greenback as global markets await a meeting of the leaders of the US and China at the G20 meeting this weekend.The kiwi was trading at 66.81 US cents at 5pm in... Source: NZ Herald Business News

By | June 27th, 2019|Business|0 Comments

Bitcoin surges over $19,000 off back of Facebook's Libra

After months of "crypto winter," bitcoin surged passed NZ$19,000 in the early hours this morning, reaching a high of NZ$20,681, and experts think Facebook could be fueling the rise.Although dropping back slightly during the day,... Source: NZ Herald Business News

By | June 27th, 2019|Business|0 Comments