Market close: NZ shares join global rebound

The New Zealand sharemarket traded positively all day, picking up nearly half a per cent, following a strong rebound on Wall Street and elsewhere overseas. The S&P/NZX 50 Index closed at 12,709.14, up 58.29 points or 0.46 per cent, after

Black market marijuana grows are popping up faster than law enforcement can take them down. But is legalization truly the cause?

As he awaited sentencing in 2010, Fayin Deng sounded a contemplative, philosophic note. “I have learned now that once you become obsessed with money, no matter how great your original need was,” Deng wrote to the federal judge overseeing his

Dow advances as stimulus bill nears finish line

(Reuters) – The Dow climbed on Monday, led by stocks poised to benefit the most from an economic rebound as the $1.9 trillion COVID-19 relief bill awaited a final Congressional vote this week, and heavyweight tech-related stocks swung between gains

Market close: Skellerup shining light as sharemarket drifts lower

Skellerup Holdings, a quiet performer with more than 100 years of business experience, was the shining light as a cautious New Zealand sharemarket drifted downwards. The S&P/NZX 50 Index traded in a narrow range, closing down 40.37 points or 0.32

Market close: Sharemarket sheds another half per cent

It was déjà vu on the New Zealand sharemarket. The blue chip stocks were still volatile, trading was again cautious and the market shed another half per cent – having fallen in seven of the last eight trading days. The

Coronavirus: Apple market value tops $2trn for the first time

Apple has seen its market value hit $2trn for the first time as shares in US tech companies enjoy a surge in popularity amid the coronavirus crisis. The iPhone-maker’s stock reached the milestone, topping $468 per share, during early trading