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12 Jul 2025 10:47
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  •   Home > News > Business

    The money pouring into Wall Street from kiwis has reached a record high

    The money pouring into Wall Street from kiwis has reached a record high


    New US treasury data reveals New Zealanders have more than $120-billion worth of US shares and bonds in March - the highest monthly total on record.

    Online share-trading platform - Moomoo - reports close to 80 percent of the investment volume went into company shares.

    CEO Michael McCarthy, says low returns locally have pushed New Zealanders to seek higher yields abroad.

    He says shares into promising tech businesses, are particularly drawing attention from individual investors.

    © 2025 Newstalk ZB, NZCity

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     Today's News

    International:
    Air India plane crash preliminary report reveals fuel switches turned off after take-off 10:36

    Environment:
    NZTA is working to assess weather damage to state highways across the country 10:36

    Environment:
    MetService says unsettled conditions will continue to affect many parts of the country over the weekend, with periods of heavy rain for the west of the South Island 10:36

    Business:
    The conference industry's looking to hire more staff, to keep up with an influx of events 10:36

    Entertainment:
    Lena Dunham is "in" for a Girls spinoff in "the right context" 10:30

    Business:
    ASB says its offering support to customers who have been impacted by the severe weather 10:26

    Cricket:
    New Zealand trails the United States 5-1 at the top of the 5th innings at softball's World Cup in Canada 10:06

    Entertainment:
    Kate Beckinsale has shared a video of her tearing up as she sang to her mother in hospital 10:00

    Entertainment:
    Richard Gere has been slammed by Paul Simon's daughter over the demolition of her childhood home 9:30

    Entertainment:
    Denise Richards' reality television series is reportedly not returning for a second series 9:00


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