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  • The Brookings Institution and JPMorgan Chase ranked 300 major cities worldwide for economic performance last year.

  • WELLINGTON, New Zealand— Staying hidden behind sea ice and large waves, sailors aboard a navy patrol boat from New Zealand sneaked up on three suspected poaching ships, then took photos and video of the fishermen hauling in prized fish in banned nets from the ocean near Antarctica. It is a huge illegal business: Each of the ships could hold more than $1 million worth...

  • WELLINGTON, New Zealand— Director James Cameron said Wednesday that writing three "Avatar" sequels is such a complex job he's delaying the first new film a year and it will now be released in late 2017.. Cameron plans to film the highly-anticipated sequels at one time and then release the three films over consecutive years. "There's a layer of complexity in getting...

  • *Milk formula maker Yashili issues profit warning. HONG KONG/ SHANGHAI, Jan 14- Chinese milk powder maker Yashili International Holdings Ltd said on Wednesday it expects its 2014 net profit to fall about 40 percent, hit by slowing demand for baby formula and higher marketing and compliance costs. The profit warning by Yashili, owned by China Mengniu Dairy Co Ltd...

  • *Milk formula maker Yashili issues profit warning. HONG KONG/ SHANGHAI, Jan 14- Chinese milk powder maker Yashili International Holdings Ltd said on Wednesday it expects its 2014 net profit to fall about 40 percent, hit by slowing demand for baby formula and higher marketing and compliance costs. The profit warning by Yashili, owned by China Mengniu Dairy Co Ltd...

  • Lower oil isn’t giving Asia markets wings Sunday, 11 Jan 2015 | 10:17 PM ET
    A station attendant refuels a moped at a fuel station on April 30, 2013 in Yogyakarta, Indonesia.

    Sharply lower oil prices are widely hailed as a positive for most Asian markets, but that hasn't slowed fund outflows or raised growth forecasts much.

  • New Zealand looks beyond last Hobbit Friday, 2 Jan 2015 | 1:23 AM ET

    "Tolkien-mania" tourism is boosting New Zealand's economy and helping to offset a price slump of its biggest export, milk. The Financial Times reports.

  • TOKYO, Dec 11- Asian stocks fell on Thursday as falling oil prices added to global growth concerns, while the dollar saw a bit of a respite against the yen and euro after successive sharp losses. Spreadbetters expected the bearish tone for equities to continue into Europe, forecasting Britain's FTSE to fall by as much as 0.3 percent at the open, and Germany's DAX and...

  • SINGAPORE/ SYDNEY, Dec 11- The dollar inched higher versus the yen on Thursday, getting some respite after falling roughly 3 percent in the past three days as the market unwound stretched positions ahead of the year-end. It touched a two-week low near 117.45 yen earlier on Thursday but later stabilised and last traded at 118.09 yen, up 0.2 percent on the day.

  • TOKYO, Dec 11- Asian stocks fell on Thursday as falling oil prices continued to feed into global growth concerns, while the dollar struggled against peers such as the yen and euro after a further drop in U.S. bond yields. MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.3 percent as another large decline in oil prices took a heavy toll on energy...

  • DIARY- Top Economic Events to Dec 24 Wednesday, 10 Dec 2014 | 7:01 PM ET

    LONDON- Bank of England Governor Mark Carney and Deputy Governor Ben Broadbent will hold a press conference along with Former Federal Reserve Board Governor Kevin Warsh- 1000 GMT. NEW YORK- Bank of Canada Governor Stephen Poloz speaks before the Economic Club of New York- 1245 GMT. HELSINKI- Bank of Finland Governor and ECB council member Erkki Liikanen to hold a...

  • WELLINGTON, Dec 9- Farmers in New Zealand, the world's largest dairy exporter, are reining in milk production as a flood of supply from Europe and the United States pummels prices, a sign the "white gold" rush that has fuelled the New Zealand economy for years is over. Last season's record-high prices have fallen well out of reach as the supply glut and a slowdown in...

  • DIARY- Top Economic Events to Dec 19 Friday, 5 Dec 2014 | 7:01 PM ET

    ATLANTA, United States- Federal Reserve Bank of Atlanta President Dennis Lockhart speaks on economic outlook and monetary policy before the Council for Quality Growth- 1730 GMT. LONDON- Bank of England holds quarterly financial policy committee meeting. BRUSSELS- Meeting of euro zone finance ministers to discuss 2015 draft budgets.

  • WELLINGTON, Dec 1- U.S. authorities have lost a motion to have cyber fugitive Kim Dotcom remanded in custody in New Zealand before his extradition hearing to face internet piracy charges in the United States. An Auckland court on Monday rejected allegations that Dotcom, the founder of the Megaupload online file storage site, was a flight risk and had broken the...

  • WELLINGTON, Nov 20- Italian luxury textiles house Loro Piana recently made its annual trip down under to select two bales of the finest merino wool, one from New Zealand and the other from Australia, for its premier line of suits, which sell for tens of thousands of dollars. "Any time we mention New Zealand wool and build brands that mention New Zealand origin, we're...

  • *ECB hires Deutsche, ING, State Street, Amundi. By Kathrin Jones and Eva Taylor. FRANKFURT, Oct 30- The European Central Bank hired four major asset managers to carry out from November its purchases of securitised private debt, one of the stimulus measures the bank hopes will stave off deflation in the euro zone.

  • WELLINGTON, Oct 30- New Zealand's central bank held rates steady on Thursday and signaled it will keep monetary policy on hold closer to the end of next year, diluting its tightening bias just as the U.S. The New Zealand dollar tumbled more than half a U.S. cent as markets reacted to the contrasting tones in the policy statements of the Fed and the Reserve Bank of New...

  • SINGAPORE/ TOKYO, Oct 23- The euro eased on Thursday with the focus turning to a gauge of euro zone business activity due later in the day, while the kiwi slid after a surprisingly weak reading on inflation in New Zealand. The U.S. dollar managed to stay above water, though a largely muted reaction was seen in currency markets to a survey showing China's factory sector...

  • TOKYO, Sept 25- Asian stocks slipped on Thursday, giving back earlier gains as initial cheer from a rebound on Wall Street fizzled out, while the New Zealand dollar hit a one-year low when the central bank governor decried the currency's recent strength.

  • Upbeat on Fonterra in the long run: Motley Fool  Tuesday, 23 Sep 2014 | 11:23 PM ET

    Matt Joss, Research Analyst at The Motley Fool, says the New Zealand dairy co-operative is well-positioned to benefit from China's relaxation of the one-child policy.