News | Business
23 Jun 2025 23:33
NZCity News
NZCity CalculatorReturn to NZCity

  • Start Page
  • Personalise
  • Sport
  • Weather
  • Finance
  • Shopping
  • Jobs
  • Horoscopes
  • Lotto Results
  • Photo Gallery
  • Site Gallery
  • TVNow
  • Dating
  • SearchNZ
  • NZSearch
  • Crime.co.nz
  • RugbyLeague
  • Make Home
  • About NZCity
  • Contact NZCity
  • Your Privacy
  • Advertising
  • Login
  • Join for Free

  •   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

     Other Business News
     23 Jun: The Immigration Minister says the first proper data will be collected on the value overseas investors bring to New Zealand
     23 Jun: Developing and operating a retirement village isn't for those wanting immediate gains
     23 Jun: Research reveals retirement villages can take decades to be profitable
     23 Jun: The former director of a fishing company has been jailed for 16 months over illegal fishing
     23 Jun: ASB has further cut its advertised interest rates
     23 Jun: Invercargill might be in for an industrial boom
     22 Jun: A signal people want more action to keep insurance affordable in the face of climate change
     Top Stories

    RUGBY RUGBY
    An emotional Timoci Tavatavanawai after earning a first All Blacks selection More...


    BUSINESS BUSINESS
    The Immigration Minister says the first proper data will be collected on the value overseas investors bring to New Zealand More...



     Today's News

    Basketball:
    A long-term project is complete for the man who masterminded the Thunder's title triumph in basketball's NBA 21:57

    Environment:
    Israelis are being forced underground in major cities as Iranian missiles rain down in retaliatory strikes 21:37

    Entertainment:
    Actor Jack Betts has died aged 96 21:35

    Business:
    The Immigration Minister says the first proper data will be collected on the value overseas investors bring to New Zealand 21:17

    Entertainment:
    Margaret Cho has slammed Ellen DeGeneres for being "not nice" to her 21:05

    International:
    Iran-Israel war live updates: Israel and Iran trade strikes as repatriation flight for stranded Australians cancelled 20:47

    Entertainment:
    Jennifer Aniston is a "workaholic" 20:35

    Entertainment:
    Anna Camp has joked she only gets acting jobs because she can "puke" on demand 20:05

    Entertainment:
    Damson Idris accidentally "spat in Brad Pitt's face" on the set of F1 19:35

    Entertainment:
    Keke Palmer shares "more than [she] usually would" on her new album 19:05


     News Search






    Power Search


    © 2025 New Zealand City Ltd