First tranche of COVID-19 sport relief funding released by New Zealand government
By Administrator_India Capital Sands New Zealand’s government said on Tuesday it has released the first installment of a NZ$265 million ($174.21 million) funding package to help the local sports industry cope with the financial impact of the COVID-19 pandemic. Sports Minister Grant Robertson said much of the initial NZ$80 million tranche would be used […]
Aussie, kiwi, and yuan fall on worries about second wave of coronavirus
By Administrator_India Capital Sands The Australian and New Zealand dollars fell against their U.S. counterpart on Monday as fears of a second wave of the coronavirus in Beijing prompted investors to sell currencies sensitive to risk. The Chinese yuan also dipped in offshore trade after Beijing recorded dozens of new cases of the novel coronavirus […]
New Zealand first-quarter jobless rate inches up but coronavirus shock to be reflected in next quarter
By Administrator_India Capital Sands New Zealand’s jobless rate rose to 4.2% in the first quarter ahead of a strict lockdown that was enforced to limit the spread of the novel coronavirus, according to data released by Statistics New Zealand on Wednesday. The headline figure was only slightly higher than a 4.0% jobless rate in […]