GO
Loading...

New Zealand

More

  • *European shares inch up, but Iraq concerns, data weigh. LONDON, June 27- Concerns about Iraq and Ukraine and subdued economic data left European shares facing their first week of losses since early April on Friday and nudged gold towards a two-month high.

  • Japan's benchmark Nikkei fell 1.5 percent and regional markets, with the exception of Wellington and Mumbai, were posting losses. The MSCI's dollar-denominated index of Asia-Pacific shares outside Japan was down just 0.1 percent as slight gains in some regional currencies offset falls in share prices in local-currency terms.

  • WELLINGTON, June 12- New Zealand's central bank sees the neutral level for its cash rate possibly as high as 5 percent, deputy governor Grant spencer said, indicating the bank might need to raise rates more if the local currency were to fall markedly.

  • TOKYO, June 12- The euro hovered near a four-month low versus the dollar on Thursday, hobbled by a widening yield gap between euro zone bonds and their major peers, while the New Zealand dollar rose after the central bank retained its hawkish bias.

  • WELLINGTON, June 12- New Zealand's central bank raised interest rates to a five-year high on Thursday and cooled expectations it may slow the pace of future policy tightening, sending the currency sharply higher.

  • Euro hovers near 4-month low; kiwi up on RBNZ rate hike Wednesday, 11 Jun 2014 | 8:58 PM ET

    TOKYO, June 12- The euro hovered near a four-month low versus the dollar on Thursday, hobbled by a widening yield gap between euro zone bonds and their major peers, while the New Zealand dollar rose after the central bank retained its hawkish bias.

  • Trade ministers from the 12 Trans-Pacific Partnership countries said after May meetings in Singapore the talks gained momentum and they would step up efforts over coming weeks.

  • *Britain likely to take more modest approach than Canada, NZ. LONDON, May 21- The Bank of England wants to avoid resorting to higher interest rates to cool Britain's housing market, but the pace at which prices are climbing and the experience of other countries suggest it might not manage to delay for very long.

  • WELLINGTON, April 24- New Zealand's central bank raised interest rates for the second straight month on Thursday, and signaled it intends to keep tightening policy in the coming months to stay on top of inflation pressures in a booming economy.

  • WELLINGTON, April 24- New Zealand's central bank raised interest rates on Thursday and signalled that it would keep tightening monetary policy in the coming months as the central bank tames inflation pressures which have been brewing as the country's economy strengthens.

  • TOKYO/ WASHINGTON, April 22- U.S. Trade Representative Michael Froman arrived in Japan earlier than expected on Wednesday, Japanese media, for a last ditch push for a two-way deal seen as crucial to efforts to create one of the world's biggest trade pacts.

  • WASHINGTON/ TOKYO, April 22- A meeting between U.S. President Barack Obama and Japanese Prime Minister Shinzo Abe this week in Tokyo may not seal one of the world's biggest trade pacts, but it could give it a much-needed boost.

  • FOREX-Euro subdued near two-week lows, wary of ECB Tuesday, 22 Apr 2014 | 4:25 AM ET

    LONDON, April 22- The euro hovered near a two-week low against the dollar on Tuesday and fell against the yen, as expectations the ECB will try to halt any further strengthening kept investors away from the single currency. European Central Bank President Mario Draghi is scheduled to give a keynote speech in Amsterdam on Thursday.

  • SYDNEY/ TOKYO, April 22- The dollar inched up to fresh two-week highs against both the yen and a basket of major currencies on Tuesday, following a subdued session overnight with many global financial centres shut for the Easter long-weekend.

  • SYDNEY, April 22- The dollar held at two-week highs against a basket of major currencies early on Tuesday after a subdued session overnight, with many global financial centres shut for the Easter long-weekend holiday.

  • AUCKLAND, April 16- Internet tycoon Kim Dotcom holds court while bathing in the pool of a sprawling New Zealand mansion, fist bumping and chatting with some of the 700 guests gathered to celebrate the political party he launched last month to promote Internet freedom.

  • AUCKLAND, April 16- Megaupload founder Kim Dotcom, facing extradition from New Zealand to the United States to face online piracy charges, is cast variously as commercial visionary, digital martyr, online freedom campaigner, swindler and thief.

  • Reuters Business News Schedule at 1230 GMT/08.30AM ET Tuesday, 15 Apr 2014 | 8:38 AM ET

    Europe's banks prepare for ECB tests with new provisions. LONDON- The tens of billions of euros euro zone banks set aside for loan losses in their latest annual accounts may have substantially reduced the chance of institutions failing ECB stress tests in the next few months.

  • Reuters Business News Schedule at 0430 GMT/12.30AM ET Wednesday, 26 Mar 2014 | 12:30 AM ET

    SINGAPORE/ KUALA LUMPUR- Even before the loss of its Flight MH370, Malaysian Airline System was bleeding cash, prompting talk that it may need another financial rescue from state investor Khazanah Nasional Bhd, its majority shareholder.

  • Fonterra: How we achieved record cash payout     Tuesday, 25 Mar 2014 | 7:23 PM ET

    Theo Spierings, CEO of Fonterra, says soaring demand from China in the first-half helped the firm post a record payout to its farmer shareholders.