Markets news
Shares news

Market close: Spark lifts off 13-year low as NZX 50 grinds up
NZ market follows lead of the US.

Asset values up only $100m since 2022: New report on 10 biggest iwi
Most iwi had positive financial returns in 2024, an improvement on 2023: latest report

Market close: Fonterra Fund breaks through $6 a share
A strong farm gate milk price and dividend has boosted the fund.
Currency news
Crypto news

Trump family pushes further into crypto, starting another venture
New York Times: Two of Trump's sons have invested in a new bitcoin-mining company.

‘Natural fit’: Kiwi crypto firm snapped up by Australian giant
The merger creates Australasia’s second-largest crypto platform by trading volume.

North Korea steals $2.6b as it pulls off world’s biggest ever heist
Hackers used phishing emails to access Bybit’s cold wallet, Chainalysis reported.
Stock Takes
Commodities news

Opinion: Are New Zealand’s mining royalties too low?
OPINION: Mining contributes to the economy, but relies on foreign investment.

Why a Canadian gold mining company wants to invest $1b in Waihī
Is its investment dependent on fast-track approval?

Phil Barry of TDB Advisory on it’s most recent financial results.
Advisory business TDB will release its latest report on post-settlement iwi and their most recent financial results. Video \ Jason Dorday
Business news

Trump family’s cash registers ring as financial meltdown plays out
New York Times: The economic turbulence seemed far away for the Trump family.

School lunch provider gobbles up rich Govt contracts
Compass Group has contracts with the public sector worth more than $210 million this year.

Are carrots threatened by climate change?
Researchers say even a small temperature rise can significantly impact seed production.
More markets news

OpenAI says it raised US$40b at valuation of US$300b
Biggest ever capital raise for a start-up.

Tower shares dominate trading as NZ sharemarket rebounds
The S&P/NZX 50 Index closed at 12,312.6, up 42.6 points or 0.35%.

Second time lucky: Auckland DJ software firm sells in $175m deal
The Commerce Commission blocked a previous sale to Pioneer DJ.

Market close: Gentrack shares surge on speculation of major offshore contract
The company has not announced the contract but is advertising a new analyst role.

Stock Takes: Has ethical investing lost its shine?
The change of Government in the United States has put ESG investing on the back foot.

Market close: Ryman’s resurgence: Shares climb off 13-year low
The NZ sharemarket closed down 28.39 points or 0.23%.

Market close: Prospect of US easing tariff plans injects some life into NZX
S&P/NZX 50 enjoys biggest single-day rise in four months.

Sharesies calls for tax tweaks to benefit locals with offshore investments, not just foreigners
Minister is considering changes.

$1b hub’s big payoff: NZ’s convention centre gears for economic impact
In a strong showing of early success, nine events have been announced for 15,500 people.