GameStop saga: Warning for NZ investors caught up in stock surge

By RNZ Amateur traders should be careful diving into a quickly changing "stockmarket war" such as the GameStop phenomena, without fully researching what they're getting into, the NZ Shareholders Association says.The US stockmarket... Source: NZ Herald Business News

By | January 31st, 2021|Business|0 Comments

UK to join CPTPP: Britain readies application for Pacific trade membership

It may be on the other side of the world, but that's not stopping the UK from applying to join a trade partnership in and around the Pacific Ocean. A year after it formally left the European Union, the British Government has said... Source: NZ Herald Business News

By | January 31st, 2021|Business|0 Comments

'Science fiction': Xiaomi's ridiculously good wireless phone charging technology

Forget cables and charging stands.Xiaomi's new Mi Air Charge Technology can recharge your phone wirelessly from "several" metres away. There's nothing else on the market like it.According to Xiaomi, this is how Mi Air Charge works:"The... Source: NZ Herald Business News

By | January 30th, 2021|Business|0 Comments

New workers also need access to sick leave, union says

The Council of Trade Unions (CTU) is calling on Parliament to ditch the rule that requires workers to be employed for six months before they can get sick leave.A bill to double employees' sick leave entitlements from five days to... Source: NZ Herald Business News

By | January 30th, 2021|Business|0 Comments

GameStop saga: For day traders, it's the moment they've dreamed about

They've endured a financial crisis. Two deep recessions. Mounds of student debt. Stagnant pay. Costly health care. Dim job prospects.They've seen the uber-rich grow richer while a pandemic threw tens of millions of people out of... Source: NZ Herald Business News

By | January 30th, 2021|Business|0 Comments

GameStop saga: Stock price soars again; Wall Street bends under pressure

Another bout of selling gripped the US stock market Friday (US time), as anxiety mounts over whether the frenzy behind a swift, meteoric rise in GameStop and a handful of other stocks will damage Wall Street overall.The S&P 500... Source: NZ Herald Business News

By | January 29th, 2021|Business|0 Comments

Family home with 65 years of memories could be demolished for $3m-plus

A near-100-year-old waterfront home sitting on a whopping 3111sq m section on Te Papa peninsula is now for sale.It is likely to be redeveloped by the new owner but its walls hold 65 years of one family's memories.Ian Dustin grew... Source: NZ Herald Business News

By | January 29th, 2021|Business|0 Comments

Auckland Transport car ban on Queen St through-traffic by mid-2021 enrages stakeholders

Auckland Transport is drawing up plans to remove through-traffic from Queen St within six months - banishing cars from stretches of the city's once busiest street.Changes to the city centre's only remaining north/south route, which... Source: NZ Herald Business News

By | January 29th, 2021|Business|0 Comments

Money Talks: Matt Heath on why accounting is his new rock n roll

He's lived the rock 'n' roll lifestyle and been so dirt poor that he still owes his former band manager (Finance Minister Grant Robertson) $200, but these days broadcaster Matt Heath loves nothing more than doing his accounts and... Source: NZ Herald Business News

By | January 29th, 2021|Business|0 Comments

Government deficit $543 million less than forecast

By RNZ The Government's finances are in much better shape than expected as strong domestic spending and company earnings underpin the tax take.Official figures show a deficit of $4.3 billion for the five months ended November,... Source: NZ Herald Business News

By | January 29th, 2021|Business|0 Comments