![Market holds its ground through quakes](/pf/resources/images/placeholders/placeholder_l.png?d=799)
Market holds its ground through quakes
The New Zealand sharemarket held up well today, but the worst could be yet to come as aftershocks threaten the country.
The New Zealand sharemarket held up well today, but the worst could be yet to come as aftershocks threaten the country.
New Zealand shares rose, led by companies that stand to benefit from earthquake repairs such as Fletcher Building and Metro Performance Glass.
The New Zealand dollar continued to fall after the magnitude 7.5 earthquake in the upper South Island.
Dissident shareholders want to buy 30.99 per cent of the company to build a controlling stake.
New Zealand businesses are equipped to deal with earthquakes and are holding up well says a top fund manager.
It was perhaps the most surprising trade in a record-setting week on Wall Street.
COMMENT: If Trump carries out his trade and defence threats, NZ would face the risk of slower global economic growth, higher interest rates and fewer capital flows.
What made that lemon especially bitter was telling the very satisfied teller that I was doing it so that the children could view their KiwiSaver balances online.
Trump's election victory this week ignited a frenzy of buying in industrial metals.
The New Zealand sharemarket ends weaker and well short of its recent record high as the reality of higher bond yields in a post US-election world starts to sink in.
The world's richest people lost US$41 billion ($56.8b) as a result of Donald Trump's win, Bloomberg reports.
Donald Trump's economic agenda was widely criticized on the campaign trail as a danger to the American recovery. But now, as the first
Stress tests show it would take an extraordinary series of events for New Zealand's banks to fail, Rob O'Neill reports.
New Zealand shares regained some of yesterday's losses, led upwards by A2 Milk Co, Heartland Bank, and Fletcher Building.
Donald Trump's stance on trade in a world where countries are putting up more barriers could be serious for New Zealand says Graeme Wheeler.
It's too early to say how worried New Zealand should be about a Donald Trump presidency, says Reserve Bank Governor Graeme Wheeler.
The New Zealand dollar fell as the election of Donald Trump to the White House stoked volatility across financial markets.
Bond markets in NZ have been heavily sold raising the possibility that the market's 35-year bull run may finally be reaching its end.
After the US S&P stock futures plunged 5 per cent, then gained 1 per cent in a flip flop seen across the markets.
Travellers are being warned to expect major currency volatility today as markets react to Donald Trump's victory.
Wall Street rose, bolstered by pharmaceutical stocks, after an upset victory for Republican candidate Donald Trump in the US presidential election.
COMMENT: Brace yourself for a global economy that is about to get horribly, horribly complicated, writes Liam Dann.
Australian shares have plunged to a four-month low and lost $35 billion in value with Asian markets joining the rout.
The 'resentment vote' could see markets controlled by governments rather than central banks, says a leading economist.
The New Zealand dollar tumbled against the yen as speculation grew that Donald Trump could win the White House.
New Zealand shares tumbled as Donald Trump took the lead in the US presidential race, with every stock on the benchmark index dropping.
Yen strengthened and gold rose as investors seek safe havens from market chaos as a Trump victory becomes a real possibility.
The possibility of a Trump victory has hit New Zealand's stock market more than the Brexit vote.
Investment manager Milford Asset Management is looking to raise up to $100 million to launch a new $150 million private equity fund.
Dealers in the $13.8 trillion Treasuries market are preparing for sharply divergent next-day reactions to the U.S. election outcome.