
Door opened to microchip, pharma tariffs, Trump hints at auto tariff pause
Tesla, other automaker stocks rise after White House comments.
Tesla, other automaker stocks rise after White House comments.
The S&P/NZX 50 Index rose 0.74% to 12,107.54 as 90 stocks gained.
New York Times: Tap turned off on rare minerals and magnets used in EVs, chips, aerospace.
Dangerous stand-off: This is the economic equivalent of the Cuban missile crisis.
The GFC hit just one year into Invivo's wine venture. Now it’s earning millions in exports, with the help of celebrities. Video / Ben Dickens, Alyse Wright
'First time in 5 years we’ve had a positive swing on sentiment.'
The S&P 500 fell 10.5% over two days after Trump's tariff announcement.
Xi said China is 'not afraid' and urged the EU to resist the US practices.
Good news for iPhone maker Apple and others who make tech products in China for the US.
Ebos Group fell 6.38% to $36.10 after a $217m institutional placement.
Volatility in stock and bond markets has surged following President Donald Trump’s tariff announcement. Sean Keane explains why. Video / Alyse Wright
Sharesies investors have opted to play safe during convulsions on world markets.
Mainfreight rebounded $4.84 or 8.57% to $61.34, reaching a high of $62.50.
Kiwi dollar jumps after pause announcement.
A new, unsettling red flag.
The NZX slides despite some rate relief.
The RBNZ says it has scope to lower OCR further as effect of US tariffs become clearer.
Zuru has factories in China, which is in line for a US tariff of 104%.
Blue-chip stocks like Fisher and Paykel Healthcare rebounded by 10c to $33.55.
The Dow heads down, Hong Kong collapses, trillions are wiped off markets.
How much is a lack of confidence slowing our recovery?
PLUS: The sector that will 'escape a direct hit'.
The NZX 50 Index plummeted 3.68% to 11,775.88, its worst drop since March 2020.
The NZ market is down more than 3% and the Australian market has plunged 6.3%.
OPINION: Young people should start with KiwiSaver before riskier investments.
OPINION: Our economy faces yet another challenge to fragile recovery hopes.
The US$6.6t two-day rout is only rivalled by 2020's pandemic meltdown and the GFC
The S&P/NZX 50 closed at 12,225.28, down 113.29 points or 0.92%.
More volatility is predicted to be in store as the day progresses.
New Zealand shares suffered a poor first quarter, driven by sickly corporate earnings.