NZX tumbles on resurgent AI fears, with index down 2.9% this year – Market close
Local fall Market leader Fisher & Paykel Healthcare, declining $2.79 or 7.08% to $36.61, dominated the trading with…
Global Dairy Trade Auction: Whole milk powder up 5.3% as overall GDT index surges 6.7%
Mozzarella matched skim milk powder’s result, also rising 10.6% to an average of US$3694/MT. Butter was not far…
Nicola Willis says latest inflation data a ‘blip’, but acknowledges Reserve Bank will eventually have to start hiking interest rates
Nicola Willis this morning told Parliament’s Finance and Expenditure select committee her confidence that inflation would sit within…
NZX flat as gold roars – Market close
The New Zealand dollar reached a three-month high against the American greenback, trading at US59.60c. The gold price…
Consumer price index: Concern within Government about inflation threat, interest rate hike forecast brought forward
Stats NZ on Friday morning said the consumer price index (CPI) increased 3.1% in the 12 months to…
Service sector back in growth for first time in almost two years
When looked at in combination with last week’s large jump in Performance of Manufacturing Index (PMI), this signalled…
Index providers anticipate AI and private market potential: S&P DJI
Markets Passive investments grow with money flowing into dividend ETFs in Asia Jason Ye of S&P Dow Jones…
NZ sharemarket rallies on index changes, confidence survey – Market close
The bank raised its policy rate by 0.25 percentage points to around 0.75%. Salt Funds managing director Matt…
Ninth fall for GDT prices in final auction of the year – NZ Herald
Ninth fall for GDT prices in final auction of the year NZ HeraldGlut in global milk supply keeping prices…
Why experts say the simplest investing strategy is still the best
What is the S&P 500? A complete guide to this key stock market index Understanding the S&P 500:…
Consumer confidence still negative despite lift, Roy Morgan index shows
“Although it’s early days in terms of the economic recovery, this is not the only indicator suggesting that…
Deloitte Fast 50: Tracksuit named fastest-growing company of the year
“Their start-up mindset has allowed for fast growth, along with their agility and a focus on the people…