Do you remember the bug scene in King Kong (the 2005 version) where the heroes get dumped by Kong into the bottom of a ravine filled giant insects? Well, one of those creepy crawlies might just have been a weta.
Ask any New Zealander, better known as Kiwis, -- what is ugly as sin and tasty as hell? -- and the response you will get is a kiwi!
New Zealand has set its sights on reinventing itself into a "weightless economy" by increasing its competitive edge in the global economy. But what exactly is a "weightless economy"?
New Zealand's finance minister Michael Cullen said on Thursday the country's currency, which has fallen more than 7 percent against the U.S. dollar during the global credit squeeze, was overvalued and he expected it to fall further.
New Zealand casino operator Sky City Entertainment Group said on Wednesday it expected another company to examine its books, which could result in a takeover bid.
Trade between New Zealand and China is expected to receive a boost next year as both countries are likely to seal the Free Trade Agreement (FTA) by April 2008 at the latest.
A quick overview of NZ, its current state of finance and a forecast of the next few years for this rapidly developing market.
All this week, CNBC's "Asia Squawk Box" is on the road in New Zealand. "Asia Squawk Box" will take a look at all things Kiwi -- its economy, the booming tourism industry, New Zealand's growth as a film locale and post production facility, its wining and dining exports and much more.