
'Tariff wars miss the point': Zuru co-founder Nick Mowbray criticises US tariff plan
Zuru has factories in China, which is in line for a US tariff of 104%.
Zuru has factories in China, which is in line for a US tariff of 104%.
Zuru cofounder Nick Mowbray also wades into the fray.
US trade policy may force a rethink on how low the OCR has to go.
Blue-chip stocks like Fisher and Paykel Healthcare rebounded by 10c to $33.55.
The Dow heads down, Hong Kong collapses, trillions are wiped off markets.
How much is a lack of confidence slowing our recovery?
PLUS: The sector that will 'escape a direct hit'.
The NZX 50 Index plummeted 3.68% to 11,775.88, its worst drop since March 2020.
The NZ market is down more than 3% and the Australian market has plunged 6.3%.
The US$6.6t two-day rout is only rivalled by 2020's pandemic meltdown and the GFC
The S&P/NZX 50 closed at 12,225.28, down 113.29 points or 0.92%.
More volatility is predicted to be in store as the day progresses.
New Zealand shares suffered a poor first quarter, driven by sickly corporate earnings.
Nasdaq down 6%. What’s Trump’s plan?
The S&P/NZX 50 Index recovered to close at 12,338.57, up 0.15%.
Weaker global demand is likely to depress commodity prices, says Westpac's Kelly Eckhold.
China's Bytedance must sell app or face ban in the US.
Analyst calls the sales figures 'a disaster on every metric'.
New York Times: Two of Trump's sons have invested in a new bitcoin-mining company.
Biggest ever capital raise for a start-up.
The S&P/NZX 50 Index closed at 12,312.6, up 42.6 points or 0.35%.
The Commerce Commission blocked a previous sale to Pioneer DJ.
Airport's share prices rises as its weighting on S&P index increases.
In the final episode of Market Watch, we look back at nine years of share market growth.
PLUS: Being AI finally finds three independent directors - and they're big names.
Is its investment dependent on fast-track approval?
The company has not announced the contract but is advertising a new analyst role.
The change of Government in the United States has put ESG investing on the back foot.
The NZ sharemarket closed down 28.39 points or 0.23%.
Car industry groups are keeping a close eye on potential tariff impacts on NZ.