Markets news

Markets

Wall Street fluctuated near record highs as investors reassessed valuations, while the US dollar declined."Optimism is a mile high, but an inch deep," John Manley, chief equity strategist for Wells Fargo Funds Management in…
02.24 / 19:44
www.nzherald.co.nz
The Commerce Commission's decision to reject the proposed merger between Sky Network Television and Vodafone New Zealand is a big blow to both companies.It means that NZX-listed Sky has to come up with a "plan B", it needs to…
02.24 / 16:34
www.nzherald.co.nz
Tesla CEO Elon Musk has revealed an aggressive production plan for its Model 3 sedan so that the electric vehicles hit the market by year end. In order to support the rollout, Tesla may need to raise more cash. Musk has stated that Tesla Model 3 production is very much on track and that the company is looking to ramp up production to 5,000 vehicles a week in the fourth…
02.24 / 13:00
au.ibtimes.com
The New Zealand dollar is heading into the end of the week up 0.5 per cent against the US dollar, as the greenback struggled to gain any traction on ongoing jitters about the US, but stuck to a tight range on the day.The kiwi…
02.24 / 07:20
www.nzherald.co.nz
New Zealand shares fell, with Warehouse Group and Mercury New Zealand ending down, while Air New Zealand rose.The S&P/NZX50 Index dropped 30.93 points, or 0.4 per cent, to 7058.59. Within the index, 23 stocks fell, 14 were…
02.24 / 07:20
www.nzherald.co.nz
Telstra has collaborated with Commonwealth Bank of Australia (CBA) and Message Xchange to perform an Australia's first end-to-end electronic invoicing…
02.24 / 02:21
au.ibtimes.com