lydiamarshall92

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NZ dollar gains as Trump's tariff plan weighs on greenback

The New Zealand dollar rose after US President Donald Trump announced tariffs on imported steel and aluminium, which saw stocks on Wall Street fall, along with US interest rates, dragging the greenback down.

The kiwi dollar rose to 72.69 US cents as at 5pm in Wellington, rebounding from an initial selloff, from 72.04 cents late yesterday. It has fallen about 1.1 percent in the past week. The trade-weighted index rose to 74.93 from 74.39 yesterday.

Read the original here: NZ dollar gains as Trump's tariff plan weighs on greenback

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MARKET CLOSE: NZ shares fall on global trade fears, weighing on Synlait, F&P Health; Fletcher gains

New Zealand shares fell on global trade concerns after US President Donald Trump announced new trade barriers, with Synlait Milk giving up gains while Fletcher Building rebounded on debt waiver news.

Read the original here: MARKET CLOSE: NZ shares fall on global trade fears, weighing on Synlait, F&P Health; Fletcher gains

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Rear View: The best of NBR

Billions of dollars scams, million dollar breaches and a $67m sale – it's a week of big numbers. Simon Dallow gives his unique take on the best of NBR.

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Fonterra's new investment in German company different from Beingmate

Fonterra Ventures has made its first investment and partnership deal to build new revenue streams for the dairy co-operative.

Read the original here: Fonterra's new investment in German company different from Beingmate

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How overseas criminals used a NZ shell company for $7b investment scam

After a three-year investigation some justice is finally being served for the victims.

Read the original here: How overseas criminals used a NZ shell company for $7b investment scam

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Trump’s steel tariff could be ‘spark that ignites a trade war’

New Zealand will suffer if WTO system is degraded, expert says. Plus: New Zealand and Australian PMs announce investigation into boosting SME transtasman trade.

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What's going on at PGG Wrightson?

Opinion: Strategic review meets restructuring by agri-services company’s controlling shareholder.

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Vehicle industry worried about effects of airbag recall

The Motor Industry Association wants the government to force car owners to get their potentially dangerous airbags checked, as is the case across the Tasman.

Read the original here: Vehicle industry worried about effects of airbag recall

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OIO facilitates New Yorker's 'grape escape'

Colin Rath able to buy sensitive land without proving the sale is likely to benefit New Zealand.

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Buffett menu's tasty morsels

Opinion: Nearly half of Berkshire Hathaway's $US65 billion profit comes from a tax-cut windfall.

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Earnings season tracking well but there have been some shockers

Highs and lows of the first quarterly reporting season of the year.

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CBL cash at Samoan bank identified as at risk

 Court documents reveal regulator’s concerns date back to 2016.  

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Why Pioneer, NZVIF sold out of SLI

Fund calls time on its investment in the e-commerce company, just after it made its maiden profit.

Read the original here: Why Pioneer, NZVIF sold out of SLI

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NZ King Salmon will still beat its prospectus forecast

NZ King Salmon's exports to the US jumped 70%.

Read the original here: NZ King Salmon will still beat its prospectus forecast

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CBL Insurance paid $55m overseas in breach of Reserve Bank orders

Regulator reveals insurer operating below solvency requirements.

Read the original here: CBL Insurance paid $55m overseas in breach of Reserve Bank orders

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Terms of trade stay at all-time high but it could be as good as it gets

Economist warns sharp fall in export prices during January signals peak has been reached. 

Read the original here: Terms of trade stay at all-time high but it could be as good as it gets

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Methven pins hope on international growth after home market stalls

A company restructure aims to spur growth.

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