
Stocks pummeled, futures suggest rough day for Wall St
ASX tumbles 6 per cent, NZX down 3 per cent
ASX tumbles 6 per cent, NZX down 3 per cent
It's been an exceptionally volatile period for markets as coronavirus bites.
The last couple of weeks has been something of a rollercoaster ride for investors.
New Zealand's benchmark stock index reversed yesterday's gains.
The kiwi was trading at 63.13 US cents at 5:15pm.
Governments are not prepared for a truly global pandemic, experts say.
Sky Network Television led the market higher.
The kiwi was trading at 62.97 US cents at 5pm.
A change of heart by Fitch could relegate some bank capital notes to junk bond status.
People are looking to offload their gold while the price is high.
Drops in international oil prices have already started flowing through to retail prices.
BP's goals include becoming a net zero emitter in its own production.
We are 'a headline away' from having rug pulled, says Kiwibank dealer.
China eases some work restrictions as NZ tourism shares take another hit.
Optimism is growing as concern over coronavirus recedes.
Chinese demand for oil has plunged by 20 per cent.
The Australian and Chinese markets have been rocked by coronavirus.
Passive investing is responsible for about a fifth of trading on the NZX.
Caution ahead of jobs data in Australia and inflation figures here.
Brokers select their top five companies for 2020 in our annual stock picking game.
This metal has skyrocketed 31 per cent in the last month.
Western Australia mining magnate has outdone all the other donors thus far.
COMMENT: The big questions are, what happens next, and where does it end?
In best case scenario, more than 100 creditors would get a few cents in the dollar.
The sharemarket's 30 per cent gain in 2019 was too much for Aussie investors to resist.
Infratil hit a record $5.26 and ended the day up 3.5 per cent
OMV's drilling off the Otago Coast will determine the future of the industry.
The NZ dollar's uptick has come as a result of the US dollar's struggles.
The NZ dollar has built on its five-month high.