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The following articles are sourced from The New Zealand Herald


NZ dollar holds gains as Chinese data beats estimates
Tue, 21 Oct 2014 18:35
The New Zealand dollar held its gains against the greenback after figures showed the Chinese economy grew faster than expected in the third quarter, although still the slowest pace since early 2009 and leaving open the door for Beijing...

 

Migration soars to new record in September
Tue, 21 Oct 2014 11:26
New Zealand's annual net migration rose to a record in September, beating government forecasts, as the inflow was spurred by student arrivals from India and Kiwis returning home from Australia.The country gained a net 45,400 migrants...

 

NZ dollar gains on greenback weakness
Tue, 21 Oct 2014 08:59
The New Zealand dollar gained as the greenback declined on concern a nascent economic recovery in the US may be derailed should the Federal Reserve tighten policy too aggressively, after IBM earnings disappointed investors.The kiwi...

 

Wall St up as IBM shares sink
Tue, 21 Oct 2014 07:59
Wall Street rose overnight amid solid corporate earnings, even as IBM proved the exception.In afternoon trading in New York, the Standard & Poor's 500 Index rose 0.51 per cent, while the Nasdaq Composite Index added 0.87...

 

AMP unfazed by global volatility
Tue, 21 Oct 2014 05:00
Fund manager AMP Capital is unfazed by last week's volatility on international financial markets."Everyone who had something to worry about decided to worry about it last week," chief economist Bevan Graham said, "with IMF forecasts...

 

China trade needs more than logs and milk: NZIER
Tue, 21 Oct 2014 05:00
Two-way trade with China has doubled every five years since the early 1990s but the historic growth rates may not continue unless this country's export mix becomes more value-added and less dependent on agricultural commodities, says...

 

Peter Lyons: Ignoring super is political hypocrisy
Tue, 21 Oct 2014 05:00
Winston Peters, Sir Michael Fay and John Banks have something in common. They are eligible for a benefit paid out of the social welfare budget. This is because they are aged 65 years and above. This is not a criticism of these individuals....

 

Landcorp pushing to diversify, says chair
Tue, 21 Oct 2014 05:00
Landcorp's decision to take full control of New Zealand's largest red meat genetics business - Focus Genetics - is an example of the state-owned enterprise's push to diversify its operations, says chairwoman Traci Houpapa.Houpapa,...

 

NZ dollar gains as rally in stocks show sell-off overdone
Mon, 20 Oct 2014 18:37
The New Zealand dollar gained with equity markets across Asia on speculation investors who sent shares lower last week were too gloomy about the prospects for global growth.The kiwi rose to 79.45 US cents from 79.22 cents at the...

 

Why the poor pay sky-high interest rates for the trappings of middle-class life
Mon, 20 Oct 2014 16:30
The love seat and sofa that Jamie Abbott can't quite afford ended up in her double-wide trailer because she and her family walked into a new store called Buddy's in Alabama. Abbott had no access to credit, no bank account and little...

 

Consumer confidence slips to 12-month low in October
Mon, 20 Oct 2014 13:31
New Zealand consumer confidence fell to a 12-month low in October as households felt less cheery about the future, with economic growth coming off the boil.The ANZ-Roy Morgan consumer confidence index fell 4.3 points to...

 

Service sector keeps growing in September
Mon, 20 Oct 2014 11:44
New Zealand service sector activity expanded at a slightly quicker pace in September than a month earlier, and alongside its sister manufacturing survey continues to point to above-average economic growth.The BNZ-BusinessNZ...

 

NZ dollar rises against yen as global sentiment improves
Mon, 20 Oct 2014 08:51
The New Zealand dollar gained against the Japanese yen as improved US economic data bolstered sentiment on global growth, prompting investors to reduce holdings of safe haven currencies such as the yen.The kiwi rose to 84.73 yen...

 

Wall St rally ends bad week
Mon, 20 Oct 2014 05:00
The US sharemarket capped a turbulent week with a big gain on Friday, a sign of renewed investor confidence after days of gloomy economic news.It was the latest large move for a market which, with a few exceptions, has been on a...

 

Brian Fallow: Big ideas need salesmanship
Fri, 17 Oct 2014 09:30
All of Labour's policies are up for review, leadership contender Andrew Little says.Makes sense. After all, if people aren't buying what you are selling, you need to have a good hard look at the merchandise, not just the salesmanship.It...

 

NZ dollar drops in volatile markets
Fri, 17 Oct 2014 08:45
The New Zealand dollar weakened in volatile trading amid investor uncertainty about the policy direction of the US Federal Reserve.The kiwi traded between 78.84 US cents and 79.96 cents overnight and was at 79.41 cents at 8am in...

 

Wall St up on St Louis Fed man comments
Fri, 17 Oct 2014 08:38
Wall Street has gained overnight, rebounding from earlier declines, after St. Louis Federal Reserve Bank President James Bullard said the US central bank should consider delaying the end of its bond-buying programme given a decline...

 

Higher kiwi hits Oz-linked stocks
Fri, 17 Oct 2014 05:00
New Zealand shares fell yesterday, led by Xero, joining a worldwide sell-off as investors fretted over stalling global growth. Fletcher Building and Kathmandu Holdings declined as the local currency gained against its Australian counterpart.The...

 

Chinese investment in NZ housing tipped to rise
Fri, 17 Oct 2014 05:00
China's plans to ease the restrictions its citizens face when investing overseas will result in increased Chinese capital flowing into New Zealand's property market and contribute to rising house prices, says an economist.The world's...

 

Toyota Corolla remains NZ's most popular car
Thu, 16 Oct 2014 15:09
The Toyota Corolla is still New Zealand's most popular car for the 26th year running, latest figures reveal.The Motor Trade Association data showed 3838 new Corollas had been sold this year to date, with 629 sold last month -- a...

 

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