Latest New Zealand Economy News
- MARKET WATCH: Crude prices fall after mixed inventories report 15 May 2008 18:13 GMT
... its lows vs. the euro and yen. Inflation continued to trouble China, India, and other ... declined sharply, due to both the slowing economy and warm winter weather, and is expected ... reductions in Mexico, Norway, UK, Denmark, Australia, New Zealand, Brazil, and Russia to be partially offset ...
- Shares drift up in sedate end to short week 15 May 2008 18:09 GMT
... a faster than expected slowdown in the economy. "Fletcher Building's been marked down because of talk ... despite poor market performances this year. Air New Zealand was up 1c at $1.20, having fallen ...
- Dollar on brink of big fall - Bagrie 15 May 2008 17:39 GMT
... fishermen, painting a downcast picture of the economy at the seafood industry's annual conference. He copped ... deterriorating economic outlook," he said, picking the New Zealand dollar to be worth less than US70c ...
- Goodman posts record earnings 15 May 2008 17:39 GMT
... a 4.8 per cent increase. That beats inflation, which is excellent, and reflects the strong ... rise in prices or slowing of the economy. We are cautious but optimistic in our ... was the "most active seller in the New Zealand market", shifting about $100 million worth of ...
- Bollard's dilemma in weakening economy 15 May 2008 17:39 GMT
... also sent the dollar lower, aggravating short-term inflation pressures and the risk of a wage-price ... June 5. "The issue is whether the economy is decelerating more quickly than the bank ... or five a day. People looking at New Zealand from afar are making the assessment that ...
- Mohsen al Attar: Israel cannot have its cake and eat it too 15 May 2008 17:39 GMT
... David Zwartz, Honorary Consul of Israel in New Zealand, celebrated Israel's 60th birthday. He praises the ... all of which contribute to an impressive economy. In short, there is ample cause for ... survive; more than half the population is unemployed; and, because of Israeli-imposed blockades on power ...
- William Pesek: Oz Budget a big test for Rudd 15 May 2008 17:38 GMT
... Prime Minister of the Asia-Pacific region's fifth-biggest economy. The challenge facing both is the fastest inflation since 1991, and Stevens has been busily ... Saul Eslake, chief economist at Australia and New Zealand Banking Group. Developing nations tend to have ...
- Aucklanders restore their wage advantage 15 May 2008 17:15 GMT
... head of Mercer's Human Capital business in New Zealand, Martin Turner, said the figures implied the ... the figures implied the country's two leading employment markets had returned to normal. "Up until ...
- Aussies leaving London jobs in... 15 May 2008 16:57 GMT
... the company, which has offices across Australia, New Zealand and Britain, said. "The latest figures available ... reason for moving. The resilience of the economy through the global financial crisis is the ... economic power from the US to Asia. Unemployment rates are also at a 33-year low ...
- Study Shows Software Piracy Declining in Many Countries 15 May 2008 16:17 GMT
... and enforcement, user education and an improved economy," states the BSA study's findings. (A copy of ... States (20 percent), Luxembourg (21 percent) and New Zealand (22 percent). The study also found that ...
- Sales slump sends NZ dollar to 3-month low 15 May 2008 16:16 GMT
... Last updated: May 15 2008 16:35 The New Zealand dollar dropped sharply to a four-month low ... added to recent evidence that the country’s economy was slowing rapidly. Sales plummeted 1.2 per ... in the months to come and should inflation moderate, we still expect the ECB to ...
- Offshore earnings finally kick in 15 May 2008 16:05 GMT
... of Australia's legal services in the global economy. "We are pursuing an initiative in APEC to ... Taiwan, the US, Britain, the Cayman Islands, New Zealand, Kazakhstan and the Democratic Republic of Congo, ...
- Aussie dollar falls as profit-takers move in 15 May 2008 16:00 GMT
... was weaker yesterday after a slump in New Zealand retail sales spurred a bout of profit-taking ... lower, tracking US Treasuries after benign US inflation data and a rally in equities boosted ... An emerging picture of a slowing Australian economy has lowered expectations for further rate rises ...
- Robbie spooking NZ coach? 15 May 2008 16:00 GMT
... the unions of Australia, South Africa and New Zealand are in conflict over whether they should ... a great Six Nations, full houses, their economy is strong, and Scotland beating England 15-9 - ...
- Euro Rises Against Dollar as European Growth Beats Forecasts 15 May 2008 15:58 GMT
... three days against the dollar after Europe's economy grew more than forecast, reducing the chances ... 12 years in the first quarter. The New Zealand dollar dropped for a third day on ... six-year high of 4 percent, to curb inflation. Data today showed European consumer prices rose ...
- Aussie strengthens versus most majors; holds steady versus kiwi 15 May 2008 15:58 GMT
... have been boosted by a negative annual inflation report from Euro zone on Thursday. According ... At the same time, the euro zone economy expanded 2.2% year-on-year in the first quarter, ... The Aussie was on pause against the New Zealand dollar in the mid-morning New York on ...
- Union retreat on Qantas stopwork 15 May 2008 15:17 GMT
... to report that several expatriate Australian and New Zealand engineers contracted to Malaysia Airlines had not ... long history of using different forms of employment vehicles, labour hire, outsourced contracts." ...
- England: Aussies leaving London jobs in droves 15 May 2008 13:10 GMT
... opportunities presented by their native country's strong economy, a UK study has found. Research by ... the company, which has offices across Australia, New Zealand and Britain, said. "The latest figures available ... economic power from the US to Asia. Unemployment rates are also at a 33-year low ...
- Euro Rises Then Falls as Cool Inflation Offsets Strong GDP- Will ECB Remain Hawkish? 15 May 2008 13:10 GMT
... (DailyFX via COMTEX) -- Talking Points - New Zealand Dollar: Retail Sales weaken for 2nd month ... orders drop - Euro: GDP stronger but inflation cool - Pound: Lags euro on data ... to the major slowdown in the US economy. The celebration, however, did not last long. ...
- Sony's profit, better sentiment boost Tokyo; Asia mostly higher 15 May 2008 13:09 GMT
... could be necessary to cool the mainland's economy. The Shanghai Composite advanced ended 0.6% lower at ... added 0.5% and India's Sensex firmed 2.2%. New Zealand's NZX 50 index slipped 0.4%. China's Statistics ...
- Asia Markets: Sony's profit, better sentiment boost Tokyo; Asia mostly higher 15 May 2008 13:07 GMT
... could be necessary to cool the mainland's economy. The Shanghai Composite advanced ended 0.6% lower at ... added 0.5% and India's Sensex firmed 2.2%. New Zealand's NZX 50 index slipped 0.4%. China's Statistics ...
- Asian markets rise as inflation fears ease 15 May 2008 13:07 GMT
... Asian markets rise as inflation fears ease (RTTNews) - Stock markets across ... Search soared 5.2%. Among banks, Australia and New Zealand Bank fell 1.8%, Commonwealth Bank and National ... was still sluggish due to a slowing economy. The seasonally adjusted Bank of New Zealand-Business ...
- Growth data boost euro 15 May 2008 12:16 GMT
... Analysts said the figures suggested the eurozone economy was holding up well in the face ... far has been more concerned over rising inflation, to cut eurozone interest rates sent the ... to $1.9450 against the dollar. Elsewhere, the New Zealand dollar sold off sharply after weaker than ...
- New Zealand retail sales drop worst in 11 years 15 May 2008 12:15 GMT
... Statistics New Zealand said the volume of seasonally adjusted retail ... data came on top of last Thursday's employment report showing 29,000 jobs were lost in ...
- Asian stocks close mostly up on lower oil, easing credit crisis fears 15 May 2008 12:14 GMT
... stocks Wednesday. Easing fears of runaway American inflation buoyed Wall Street, but analysts warned items ... dollars per barrel on Thursday. The US economy, the world's largest, is battling to recover ... rose 0.9 percent to 2,690 pesos. WELLINGTON: New Zealand share prices closed 0.39 percent lower, dealers ...
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