New Zealand shares rose as the further relaxing of global Covid-19 restrictions bolstered investor confidence.The S&P/NZX 50 Index advanced 138.94 points, or 1.3 per cent, to 10,914.74. Within the index, 33 stocks rose, 16 fell... Source: NZ Herald Business News
Wellington's now closed central library did not suffer damage in the Kaikoura earthquake, it's not even technically earthquake prone, yet the city council is considering spending $200m to strengthen it . A powerful 5.8 magnitude... Source: NZ Herald Business News
The New Zealand dollar rose as the mood in equities markets around the world improved and the currency got a kicker from trade data showing local exports held up well through the nation's lockdown.The kiwi was trading at 61.26 US... Source: NZ Herald Business News
By RNZ Napier Port has reported a strong first half profit on increased revenue, but will not be paying a dividend.The Hawke's Bay port company's net profit for the six months ended in March rose 40 per cent to $12.8 million,... Source: NZ Herald Business News
By RNZ The TAB has confirmed it is to cut 230 jobs in an attempt to stem the impact of the Covid-19 financial downturn.The cut includes 150 permanent staff.The sports and racing betting company's parent, the Racing Industry... Source: NZ Herald Business News
Welcome to The Pivot Pod, where we'll figure out together what's next for small business. Hosted by Frances Cook, with a new expert on each episode. Today it's the new priorities from customers after the changes of Covid-19. If... Source: NZ Herald Business News
H&J Smith Group says it is considering closing stores in the South as it tries to secure its long-term future due to to Covid-19.The company said tonight under the proposal, H&J Smith stores in Dunedin, Mosgiel, Balclutha and Te... Source: NZ Herald Business News
The Chinese government has warned Australia to "distance" itself from the United States amid growing tensions between the two countries, saying it would be "extremely dangerous" for Canberra to get involved.China is Australia's... Source: NZ Herald Business News
New Zealand shares rose in light trading ahead of public holidays in the US and UK, as investors remain wary of growing tensions between the US and China. The S&P/NZX 50 Index advanced 113.17 points, or 1.1 per cent, to 10,775.80.... Source: NZ Herald Business News
The New Zealand dollar was stalled as investors eye the escalating sabre-rattling between the US and China. Trading was also subdued with both the US and British economies on holiday later today.The kiwi was trading at 60.97 US... Source: NZ Herald Business News