Germany is the safest place for Chinese investment, followed by New Zealand, Australia and the United States, the SCMP reports.
Grant Davies at Hamilton Hindin Greene says the construction sector is expected to remain strong.
BOSTON, Dec 21- Team-based hedge funds lost billions in cash and some of their cachet this year, creating an uncertain future for a strategy that had long been an industry darling. On Tuesday, Blackstone Group LP said it would shut its $1.8 billion Senfina Advisors after losing 24 percent this year. Earlier this year Deimos Asset Management, once associated with...
Tourism spending and construction activity resulted in a better-than-expected GDP figures, says Christina Leung at NZIER.
The economy surged ahead in the third quarter due to higher consumer spending, tourism and rebuilding after a devastating earthquake.
WELLINGTON, Dec 14- Parts of New Zealand's key export industries and its vital tourism sector are battling to get back on track a month after a deadly earthquake rocked the nation, crippling roads and slowing shipping. At one of the country's main ports in Wellington,' no-entry' signs dot parts of the site hit by liquefaction, cracking or buckling, hampering...
WELLINGTON, Dec 14- One big winner from New Zealand prime minister John Key's surprise resignation is likely to be maverick politician Winston Peters, a popular protectionist who rails against foreign investment "lunacy" and plans to obstruct the government's pro- China stance. Peters and his New Zealand First party look set to again play kingmaker as the...
Newell Brands, AT&T, and CVS Health are making headlines this Monday morning to start off the trading week.
Bill English's appointment as New Zealand's new prime minister could see the popularity of the National Party take a temporary hit.
Opposition parties will perceive a better chance of challenging the government without John Key, says Stephen Levine at the Victoria University of Wellington.
The new New Zealand PM will have to deal with low wage growth, higher inequality and housing problems, says Stephen Hoadley at The University of Auckland.
Grant Duncan, associate professor at Massey University, elaborates on the differences in leadership styles of Bill English and former PM John Key.
WELLINGTON, Dec 7- Two senior New Zealand ministers threw their support behind Finance Minister Bill English on Wednesday, underpinning his front-runner position in the race to replace John Key, who announced his shock resignation this week. English, who is also deputy leader of the ruling center-right National Party, announced his candidacy on Tuesday after...
Andrew Little, leader of the New Zealand Labour Party, says that the government isn't responding to the economic challenges New Zealanders are facing.
John Key unexpectedly announced his resignation on Monday, saying it was the "right time" to leave politics.
Nick Tuffley at ASB Bank talks about market reaction to New Zealand PM John Key's resignation.
WELLINGTON, Dec 5- New Zealand Deputy Prime Minister Bill English said on Monday he is considering running for the leadership the ruling National Party after the surprise resignation of Prime Minister John Key. "I'll be talking to caucus and family today and tonight," English, who is also the finance minister, told reporters in Wellington. English is considered...
John Key's resignation came as a shock but it makes sense as he's leaving the country in great shape, says Peter Redward at Redward Associates.
*Bellamy warns supply glut hitting sales due to new China rules. SYDNEY, Dec 2- Infant formula maker Bellamy's Australia Ltd warned new import rules in China had created a supply glut that was hurting sales, sending its shares plunging more than 40 percent and sparking a broader sector sell-off. The new level of uncertainty hit shares in the sector hard as firms...
Bottled air from New Zealand and Canada is the newest product marketed in Beijing and other smog-hit cities in China, the SCMP reports.