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Business New Zealand

  • Japan's Nikkei 225 index was 0.2 percent higher to 8,844.93 after the Bank of Japan announced no change in the country's key interest rate following a two-day policy meeting. Benchmarks in Singapore, Indonesia and New Zealand rose.

  • WELLINGTON/ SYDNEY, Oct 5- The Australian and New Zealand dollars found a tentative footing on Friday, following a recent steep decline, with markets cautious ahead of key U.S. jobs data due out later in the session. The local currency crept up to $1.0265, from $1.0240 in early trade, moving some distance away from a one-month trough of $1.0182 hit on Thursday.

  • SYDNEY, Oct 5- Australian shares gained 0.7 percent to a 14- month high on Friday, with mining stocks rising and the market supported by a fourth day of gains on Wall Street ahead of a U.S. payrolls report later in the day.

  • South Korea's Kospi added 0.3 percent to 1,997.84 and Hong Kong's Hang Seng added 0.2 percent to 20,958.21. Benchmarks in Taiwan and New Zealand also rose. Later in the day, the Bank of Japan will announce the outcome of its two-day policy meeting.

  • WELLINGTON/ SYDNEY, Oct 5- The Aussie and New Zealand dollars bobbed up on Friday, as risk aversion eased after the European Central Bank said it was ready to buy bonds of troubled euro zone countries, while markets awaited the outcome from a Bank of Japan policy meeting.

  • MELBOURNE Oct. 5, 2012- After witnessing strong growth in the recent past, rated Australian and New Zealand airports could be further tested in light of the continuing global economic uncertainty, particularly in China.

  • SYDNEY, Oct 5- Australian shares rose 0.5 percent to 14- month highs early on Friday, with mining stocks rising as the market was supported by a fourth day of gains on Wall Street ahead of the U.S. payrolls report later in the day. New Zealand's benchmark NZX 50 index.

  • SYDNEY, Oct 5- Australian shares are set to rise after a fourth day of gains on Wall Street, as investors await the release of the closely watched U.S. payrolls report later on Friday.

  • WELLINGTON/ SYDNEY, Oct 5- The Australian and New Zealand dollars were supported above recent lows on Friday helped by firmer equities and strong talk about bond buying from the head of the European Central Bank, while investors awaited key U.S. jobs data. *The Aussie dollar at around $1.240 from Thursday's late local level around $1.0226.

  • WELLINGTON, Oct 5- Following are some of the lead stories from New Zealand metropolitan newspapers on Friday. Wellington families face lean times: Belt-tightening is beginning to cut deep as middle-income families in Wellington run out of ways to trim costs in the face of shrinking pay packets.

  • SYDNEY, Oct 4- Australian shares extended their gains by 0.3 percent on Thursday, hitting a 14- month high after banks offset losses in mining, as investors eyed further interest rate cuts in the wake of soft retail sales data. Top banks continued this week's post rate-cut gains, led by Westpac Banking Corp.

  • *Markets show 64 pct chance of rate cut next month in Australia. WELLINGTON/ SYDNEY, Oct 4- The Australian dollar bounced off one-month lows against its U.S. counterpart on Thursday, helped by stronger equities and position adjustments, while the New Zealand dollar edged up as well.

  • SYDNEY, Oct 4- Australian shares extended their gains by 0.3 percent on Thursday, hitting a 14- month high after banks offset losses in mining. Top banks continued this week's post rate-cut gains, led by Westpac Banking Corp.

  • MELBOURNE, Oct 4- Australian shares were up 0.2 percent on Thursday as banks rose while miners fell, with sentiment dented by soft retail sales figures for August and declines in oil and copper prices. Top banks continued this week's post rate-cut gains, led by a 1.2 percent rise in Westpac Banking Corp.

  • WELLINGTON/ SYDNEY, Oct 4- The Aussie dollar fell across the board on Thursday and hovered around one-month lows against the U.S. dollar as subdued retail sales data added to the case for further rate cuts, while the New Zealand dollar edged up.

  • MELBOURNE, Oct 4- Australian shares rose 0.2 percent early on Thursday as gains in banks offset weaker miners, with sentiment supported by encouraging jobs growth data in the United States.

  • WELLINGTON, Oct 4- The board of New Zealand cooking and laundry appliance maker Fisher and Paykel Appliances Ltd said shareholders should reject a takeover offer by cornerstone shareholder Haier Group because it undervalued the company.

  • WELLINGTON/ SYDNEY, Oct 4- The Australian dollar was hemmed in around a one-month low on Thursday as weak data at home and stronger U.S. jobs numbers weighed, dragging the New Zealand dollar to a three-week low in its wake. *The New Zealand dollar at $0.8190 from Wednesday's $0.8215 having been dragged lower in the downdraft of the falling Aussie.

  • WELLINGTON, Oct 4- The independent directors of New Zealand cooking and laundry ware Fisher and Paykel Appliances Ltd have recommended shareholders reject a takeover offer by cornerstone shareholder Haier Group because it undervalues the company.

  • SAN FRANCISCO, Oct 3- Facebook Inc is letting users in the United States pay a fee to boost the visibility of their postings on the social network, the company's latest effort to look beyond advertisers for revenue.