Wall St inches higher as Meta earnings offset GDP gloom

(Reuters) – Wall Street edged higher on Thursday as strong earnings from Meta Platforms lifted battered technology and growth stocks and offset concerns around a contraction in U.S. economic growth in the first quarter.FILE PHOTO: Raindrops hang on a sign

NZ housing market now in full retreat – ASB

March Real Estate Institute (REINZ) data shows New Zealand’s housing market in “full retreat” as credit tightening and higher mortgage rates hobble demand, says ASB economist Mike Jones. “The RBNZ is getting a wriggle on with interest rates so we

China's imports unexpectedly fall on domestic COVID curbs

BEIJING (Reuters) -China’s imports unexpectedly fell in March as COVID-19 curbs across large parts of the country hampered freight arrivals and weakened demand, while export growth slowed slightly and analysts expected trade to worsen in the second quarter.FILE PHOTO: Trucks

Market close: Dividend stocks take a hit ahead of OCR decision

The prospect of further interest rate rises later this week unnerved the New Zealand sharemarket, which fell more than one per cent, with some dividend-paying energy and property stocks being hit. The S&P/NZX 50 Index slipped all day, closing at