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The sharemarket news page contains the latest financial news on NZX listed companies together with global business news that impacts investors. You can also view the latest NZX announcements on the markets page. To receive finance headlines directly to your inbox, you can sign up to our free newsletter or RSS feed here.



U.S. Auto Tariffs Still Option If Protectionism Stays, Ross Says
24 Jan, 10:47am
The U.S. could still consider imposing tariffs on auto imports from the European Union and elsewhere if countries continue to undertake protectionist measures, Commerce Secretary Wilbur Ross said... More »

Stocks Edge Higher With Virus Fallout in Focus: Markets Wrap
24 Jan, 9:41am
U.S. stocks eked out a small advance, dodging the losses that took hold in Europe and Asia, as investors evaluated the risk that a deadly respiratory virus spreading from China could curb global growth. Treasuries climbed and crude oil dropped... More »

Australia’s Unemployment Rate Unexpectedly Falls to 5.1% in December
23 Jan, 5:14pm
Australian unemployment unexpectedly declined in December as the labor market persisted in defying a sluggish economy, prompting a surge in the currency as traders slashed bets on an interest-rate cut... More »

Cannasouth appoints experienced new CFO
23 Jan, 2:24pm
New Zealand’s only NZX listed medicinal cannabis company Cannasouth has appointed Colin Foster as the company’s new Chief Financial Officer. Mr Foster will succeed Rob Braithwaite, who has been working with the Cannasouth team since its incept... More »

Technology Shares Climb on Tax Accord, Oil Tumbles
23 Jan, 9:41am
Technology shares rallied on the back of upbeat earnings and after the U.S... More »

NZ dollar falls as coronavirus spreads beyond China
22 Jan, 5:19pm
The spread of the coronavirus from China weighed on the New Zealand dollar although no cases have been reported here yet. The kiwi was trading at 65.90 US cents at 5pm in Wellington, although it had recovered from the day's low at 65.79 cents, compared wi... More »

Cash is trash, hold some gold
22 Jan, 5:18pm
For the second time in as many weeks, the world’s largest hedge fund is once again talking up gold as an important diversifier for investors... More »

Bank of Japan Leaves Rates Unchanged, Raises Growth Forecasts
22 Jan, 1:08pm
Haruhiko Kuroda trod a cautious line on the economy Tuesday despite the Bank of Japan’s stronger growth forecasts, in remarks likely aimed at pushing back early speculation that the central bank’s next move will be to start normalizing policy... More »

Trump threatens to tariff European autos if EU trade talks fail
22 Jan, 10:28am
President Trump on Tuesday renewed his threat to impose tariffs on European automobiles and parts if the U.S. and European Union fail to reach a trade agreement... More »

Davos 2020: delegates at World Economic Forum urged to commit to fintech
22 Jan, 9:15am
Davos delegates urgently need to make a big, bold commitment this year to fintech, affirms the CEO of one of the world’s largest independent financial services and advisory organizations... More »

Gold Edges Higher After IMF Shaves World Growth Forecast
21 Jan, 3:23pm
Gold prices drifted fractionally higher on Monday as U.S. markets remained closed for the MLK holiday while European markets were content to await the European Central Bank’s policy meeting later this week for clues as to how long the current regime... More »

PaySauce to raise $5.8m, convert notes to equity
21 Jan, 12:58pm
PaySauce plans to raise $5.8 million from a one-for-seven pro-rata renounceable rights offer to help expand its New Zealand presence and its push into other markets. The payroll software provider is also requiring the convertible notes it issued in June 2... More »

Phase One Trade-Deal is an improvement with noteworthy limitations
21 Jan, 11:44am
President Trump held a ceremony with senior officials from the American and Chinese governments to celebrate the signing of a bilateral trade truce. The agreement requires the U.S. to reduce tariffs from 15% to 7.5% on $120 billion of Chinese imports and... More »

Dollar Trims Gain on French Tariff Deal; Oil Rises
21 Jan, 9:17am
The U.S. dollar pared earlier gains on Monday after French President Emmanuel Macron and Donald Trump agreed not to impose tariffs in their digital tax dispute until at least the end of this year. Crude oil rose following supply disruptions in Libya and I... More »

Finzsoft blocked from quitting credit unions contract over Christmas
20 Jan, 11:18am
Credit unions infrastructure provider Co-op Money turned to the courts after its mobile app provider Finzsoft Solutions said it would pull the plug on services at short notice. As a result Finzsoft was ordered to keep providing services to Co-op Money af... More »

China Unveils Plan to Reduce Single-Use Plastic by 2025
20 Jan, 10:31am
China’s top economic planner said it would cut the production and use of plastic over the next five years, helping reduce one of the world’s biggest sources of plastic pollution... More »

Rio Tinto reiterates Tiwai position as aluminium prices stay weak
17 Jan, 4:58pm
ASX-listed mining giant Rio Tinto is lobbying on both sides of the Tasman as it seeks cheaper energy for its aluminium smelters. The majority owner of the Tiwai Point smelter said the aluminium industry continued to face low profitability in what it descr... More »

TIL downgrades earnings by up to 40%, suspends first-half dividend
17 Jan, 12:17pm
TIL Logistics is expecting first-half operating profit will be down as much as 40 percent and has suspended its first-half dividend. The freight and logistics company said it expects earnings before interest, tax, depreciation and amortisation for the six... More »

Govt accounts unexpectedly in the black as lumpiness continues
17 Jan, 11:20am
The government’s accounts were unexpectedly in the black in the first five months of the fiscal year, as the lumpy tax take remained hard to predict. The operating balance before gains and losses was a surplus of $129 million in the five months ende... More »

Gentrack loses investor support with vague downgrade
16 Jan, 5:22pm
Gentrack shares continued their downward spiral after yesterday’s savage sell-off when almost 5 percent of its shares changed hands. The stock dropped to as low as $2.60 and was recently down 7.6 percent at $2.67, adding to yesterday’s 26.7 pe... More »

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