News

Global markets were mixed overnight, as Wall Street fell on news the planned corporate tax cut may take five years to implement. A report by Bloomberg that Republican tax writers are considering a five-year period for cutting the corporate tax rate to 20

Global markets rallied on Friday, led by a 13% surge in Amazon, in the process making founder Jeff Bezos the world’s richest person at $US93.8 billion – more than $US5 billion clear of Bill Gates. It wasn’t only strong earnings which supported the US mark

Global markets were generally higher overnight as investors continue to digest quarterly earnings announcements and US President Donald Trump’s plan to slash taxes seems to be making progress.

Global markets sold off overnight as the US markets headed for their worst loss in 7 weeks with downbeat corporate earnings and contradicting signals on Republican plans for a popular retirement scheme weighing on investor sentiment.

Global markets were slightly higher overnight as the US Dow Jones index hit another record high on the back of solid quarterly profit results from key industrials Caterpillar and 3M.  

Global markets traded in a narrow range overnight, with Wall Street selling off. In saying that, the US market indices remain near all-time highs on a steady stream of upbeat third-quarter earnings and hopes that President Donald Trump’s tax plans may mov

The big news last night was that NZ First Leader Winston Peters has chosen the Labour Party as a coalition partner, with support from the Greens to form government. The initial market reaction has been a fall in the NZ dollar, which is struggling to hold

Global markets added to gains overnight as the Dow Jones, (US Mega Cap Market Index) hit a new record high, bolstered by a rally in shares of IBM after the company reported quarterly earnings and an outlook that exceeded expectations.

Global markets were mixed overnight with Wall Street moving between small gains and losses as investors digest the latest round of quarterly corporate profit announcements.