Paul Bloxham, Chief Economist, Australia & New Zealand at HSBC, expects the Reserve Bank of New Zealand (RBNZ) to start withdrawing liquidity soon.» Read More
HONG KONG, Sept 17- Asian shares eased and the dollar firmed on Tuesday as investors, who welcomed Lawrence Summers ending his bid to lead the U.S. European markets were seen taking a breather following Asia's lead, with futures for the Euro STOXX 50, Germany's DAX and France's down 0.1 to 0.3 percent.
*South Korea, China lead regional declines. MSCI's broadest index of Asia-Pacific shares outside Japan fell 0.4 percent, with Japan's Nikkei stock average rose 0.1 percent as Japanese markets caught up after a public holiday on Monday.
Sept 16- Activist hedge fund Starboard Value LP said network equipment maker Emulex Corp was "extremely undervalued" and called for reconstituting the board to include shareholder advocates.
LONDON, Sept 16- The U.S. dollar slipped to a near four-week low against a basket of currencies as prospects of the Federal Reserve keeping policy loose for longer increased after Lawrence Summers withdrew from the race for the next Fed chief.
SINGAPORE/ SYDNEY, Sept 16- The U.S. dollar fell to a near four-week low against a basket of major currencies on Monday as investors bet the Federal Reserve will keep monetary policy loose for longer after Lawrence Summers pulled out from the race to be the next Fed chief.
SYDNEY, Sept 16- The U.S. dollar fell to a near four-week low against a basket of major currencies on Monday as investors bet the Federal Reserve will keep monetary policy loose for longer after Lawrence Summers pulled out from the race to be the next Fed chief.
WELLINGTON, Sept 16- The U.S. dollar stumbled broadly on Monday after Lawrence Summers withdrew from consideration to become the next chairman of the U.S. "It had been perceived that if Summers had come into the Fed, he'd have been more likely to remove U.S. policy accommodation quicker," said Sam Tuck, currency strategist at ANZ in Auckland.
WELLINGTON, Sept 16- The U.S. dollar fell across the board on Monday following reports that Lawrence Summers had withdrawn his name from consideration to be the next Federal Reserve chairman.
Khoon Goh, Senior FX Strategist at ANZ and Kathy Lien of BK Asset Management discuss why the Kiwi looks set for further gains after the RBNZ's hawkish statement.
Theo Spierings, CEO of Fonterra explains the rationale behind the company's product recall, after New Zealand officials cleared its whey protein concentrate of health risks.
Nearly a third of New Zealand's adult population is overweight, in an effort to solve the obesity epidemic and combat rising health costs, the country is deporting its fat people.
Tim Groser, trade minister of New Zealand. speaks exclusively to CNBC's Cash Flow about the Fonterra botulism scare.
Fonterra's milk scandal has hit the credibility and brand image of the world's biggest dairy exporter. CNBC's Eunice Yoon spoke to CEO Theo Spierings about the damage to it's reputation.
New Zealand's Fonterra, a leading exporter of dairy products found bacteria that could cause food poisoning in some products that had been sold to China, reports CNBC's Eunice Yoon.
New Zealand's dairy giant, Fonterra says sorry for the contamination of its milk products. With more, Eunice Yoon is in Beijing.
Jeremy Stretch, head of strategy at CIBC, talks to CNBC about the effect of the milk scandal on New Zealand's currency.
Jane Turner, Senior Economist, ABS says the RBNZ could start raising interest rates as early as March 2014 as it weighs up increasing house prices and the higher NZ Dollar.
Bill English, Finance Minister of New Zealand, talks about Wellington's plans to raise cash to bring its economy back into surplus. He also discusses why he is unconvinced on Abenomics and denies recent claims that New Zealand is getting involved in global currency wars.
Shanghai authorities are testing mislabeled mutton from a wholesaler that supplies a chain of hot pot restaurants run by U.S. fast food firm Yum Brands.
A surging New Zealand housing market that has sent prices to record levels is jangling nerves at the central bank, prompting warnings of asset bubbles.