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26 Jan 2020   
NZCity NewsLinks
NZ shares fall as coronavirus ripples through markets; utilities down
New Zealand shares fell as the outbreak of coronavirus continued to weigh on tourism-related companies, and as a flatter interest rate outlook sapped the attraction of companies paying reliable dividends.The S&P/NZX 50 Index fell... 
© 2020 NZ Herald Fri 6:35pm 

NZ dollar rises on CPI data, capped by virus fears
The New Zealand dollar rose on stronger-than-expected inflation data but fears about the spread of the coronavirus kept a lid on the currency's gains. The kiwi was trading at 66.18 US cents at 5pm in Wellington, off the day's high at 66.22 cents, but up f 
© 2020 Fri 5:35pm 

Cutting interest rates last year was a mistake - economist
The Reserve Bank made a mistake cutting its official cash rate last year and the resulting reignition of house price inflation means the central bank will probably tighten loan-to-valuation restrictions on bank lending, according... 
© 2020 NZ Herald Fri 11:15am 

New Zealand's foreign currency rating outlook raised
One of the big three global ratings agencies, Fitch, has revised up the country's outlook. 
© 2020 RadioNZ Thu 12:15am 

Vodafone quits Facebook's Libra currency
Facebook's digital currency is dealt another blow as Vodafone becomes latest firm to withdraw. 
© 2020 BBCWorld Wed 9:25pm 

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Uber tests a feature that lets some California drivers set their own rates
Uber is testing out a new feature that allows some drivers in California to choose how much they will charge customers. 
© 2020 CNN Wed 1:15pm 

New 191-room 12-level Auckland CBD hotel planned: NZICC sparks new developments
The NZ International Convention Centre precinct continues to attract the interest of major developers. The latest business wanting to move to the area is Hotel Grand Chancellor (Auckland) which has lodged plans for a new 12-level... 
© 2020 NZ Herald Wed 8:35am 

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Travel comparison site Trivago found guilty of misleading and deceptive conduct
Travel comparison site Trivago has been found guilty of misleading and deceptive conduct over prices advertised and commission rates, Australia's Federal Court has ruled.The Australian Competition and Consumer Commission (ACCC)... 
© 2020 NZ Herald Tue 8:35am 

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Jim Edmonds has 'no interest' in broadcasting Meghan King Edmonds family drama
Jim Edmonds and Meghan King Edmonds' divorce continues to play out in the media. Read Jim's statement to E! News on the family drama. 
© 2020 Fri 6:35pm 

Friday's business news: What you need to know
In today's business news - Low interest rates lure small investors back to the housing market and a privately owned stake in a South Auckland men's prison has been sold. 
© 2020 RadioNZ Fri 3:05pm 

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South Taranaki house will be sold to recover $10,000 rates debt
No rates have been paid on a South Taranaki home for five years, so now it's up for sale. 
© 2020 Fri 6:05am 

Australiaís Unemployment Rate Unexpectedly Falls to 5.1% in December
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 
© 2020 Thu 5:35pm 

Bank of Japan Leaves Rates Unchanged, Raises Growth Forecasts
Haruhiko Kuroda trod a cautious line on the economy Tuesday despite the Bank of Japanís stronger growth forecasts, in remarks likely aimed at pushing back early speculation that the central bankís next move will be to start normalizing policy 
© 2020 Wed 2:15pm 

Shane Jones on funding conflict of interest, forestry meeting
Regional Economic Development Minister Shane Jones is hitting back at fresh criticisms of a conflict of interest saying he can meet with whomever he likes at Parliament's restaurant Bellamy's. 
© 2020 RadioNZ Wed 8:35am 

Plenty of Avondale interest for Cooksley - NZ Racing Desk
Former top jockey Grant Cooksley is hoping to help maintain the recent strike rate of his apprentice, Masa Hashizume, at Avondale on Wednesday and also kick a $500,000 yearling purchase off on a winning note. 
© 2020 Tue 1:35pm 

Where to next for interest rates? ANZ makes its call
The ANZ Bank has removed the official cash rate cut it had pencilled in for May, and now expects the rate to stay flat at the current 1.0 per cent.Most banks still expect the Reserve Bank to cut its rate at some point this year,... 
© 2020 NZ Herald Tue 11:55am 

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