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NZ bank says financial system solid

New Zealand's Reserve Bank says the country's financial institutions have strong buffers of capital and liquidity to overcome the impact of coronavirus.…

S&P 500 up on economic recovery hopes

US shares have ended the day higher but the S&P 500 could not hold above 3000 points after a late report said the US is weighing a range of China sanctions.…

Virus hits Coca-Cola Amatil sales

Beverage giant Coca-Cola Amatil says the COVID-19 lockdowns resulted in volumes and sales suffering by a third in April and May.…

Fitch downgrades outlook on Macquarie

Ratings agency Fitch has downgraded its outlook on Macquarie Group to negative due to the economic troubles from the coronavirus pandemic.…

Austrlaian Associated Press

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