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Economy Stories - Page 10

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Economy stories

NZ services sector activity rises to six-month high in January
Cartech

NZ services sector activity rises to six-month high in January

New Zealand's services sector activity rose to a six-month high in January as record inward migration boosted demand for housing, increasing the ne.

By Pattrick Smellie • 3 min read • Mon, 16th Feb 2015
China economic reform low on government priority list, WSJ commentator says
Partner Programmes

China economic reform low on government priority list, WSJ commentator says

Economic reform in China, one of New Zealand's largest trading partners accounting for 22 percent of exports, is a lower priority than trying to sa.

By Pattrick Smellie • 4 min read • Thu, 12th Feb 2015
English sets May 21 for National's seventh Budget
National Party

English sets May 21 for National's seventh Budget

Bill English confirms 21 May for the Budget, eyeing stronger public finances amidst global fiscal uncertainties.

By Pattrick Smellie • 2 min read • Wed, 11th Feb 2015
While you were sleeping: Optimism for Greek debt deal
Exxon Mobil

While you were sleeping: Optimism for Greek debt deal

Equities on both sides of the Atlantic advanced amid speculation Greece and its international lenders will reach a deal soon that would safeguard t.

By Pattrick Smellie • 3 min read • Wed, 11th Feb 2015
RESEND: NZ Dollar Outlook: Kiwi may continue decline after drop to 4-year low
Reserve Bank of New Zealand

RESEND: NZ Dollar Outlook: Kiwi may continue decline after drop to 4-year low

The New Zealand dollar, which fell to a four-year low after the Reserve Bank last week dropped its tightening bias and opened the door to possible.

By Pattrick Smellie • 3 min read • Mon, 2nd Feb 2015
NZ dollar falls as greenback buoyed on prospect of ECB stimulus
New Zealand Dollar

NZ dollar falls as greenback buoyed on prospect of ECB stimulus

The New Zealand dollar fell as investors rallied behind the greenback on heightened speculation the European Central Bank will ramp up its stimulus.

By Pattrick Smellie • 3 min read • Mon, 5th Jan 2015
MARKET CLOSE: NZ shares fall, rounding out 18% annual gain led by Chorus
Unified Communications

MARKET CLOSE: NZ shares fall, rounding out 18% annual gain led by Chorus

New Zealand shares fell on the last day of 2014, rounding out an 18 percent annual gain that was led by telecommunications network operator Chorus,.

By Pattrick Smellie • 4 min read • Wed, 31st Dec 2014
YEAR IN REVIEW: Kiwi heads for 2014 decline in year it neared record high
New Zealand Dollar

YEAR IN REVIEW: Kiwi heads for 2014 decline in year it neared record high

The New Zealand dollar is heading for a 5 percent decline against the greenback in 2014, in a year which saw the currency soar close to a post-floa.

By Pattrick Smellie • 3 min read • Tue, 30th Dec 2014
YEAR IN REVIEW: NZ economy rocks on as milk's star fades
Health Technologies

YEAR IN REVIEW: NZ economy rocks on as milk's star fades

2014 was a year of the rockstar economy where New Zealand was a top performer compared to other OECD countries with an annualised GDP growth rate o.

By Pattrick Smellie • 6 min read • Mon, 29th Dec 2014
NZ dollar may gain vs. A$ as falling commodities weigh on Australia
New Zealand Dollar

NZ dollar may gain vs. A$ as falling commodities weigh on Australia

The New Zealand dollar may continue to push near decade-highs against its trans-Tasman counterpart as weak commodity prices sap investors' appetite.

By Pattrick Smellie • 2 min read • Wed, 24th Dec 2014
NZ dollar dips on signs of US economic growth
Wall Street

NZ dollar dips on signs of US economic growth

The New Zealand dollar slipped as stocks on Wall Street rallied ahead of economic data that's expected to show a faster pace of growth in the world.

By Pattrick Smellie • 2 min read • Tue, 23rd Dec 2014
NZ dollar at 11-month high vs. A$ as central banks vie for lower currency
New Zealand Dollar

NZ dollar at 11-month high vs. A$ as central banks vie for lower currency

The New Zealand dollar rose to an 11-month high against its trans-Tasman counterpart as investors weigh up the competing attempts by the neighbouri.

By Pattrick Smellie • 2 min read • Fri, 19th Dec 2014
NZ business confidence eases in December, still buoyant
Inflation

NZ business confidence eases in December, still buoyant

New Zealand business confidence slipped in December, while staying largely upbeat, as inflation remains tame in spite of a growing economy and expo.

By Pattrick Smellie • 2 min read • Fri, 19th Dec 2014
UDPATE: NZ economy grows 1% in 3Q as primary sector keeps momentum going
Inflation

UDPATE: NZ economy grows 1% in 3Q as primary sector keeps momentum going

New Zealand's economy grew at a faster pace than expected in the September quarter as a good start to the dairy season and increased oil and gas ac.

By Pattrick Smellie • 4 min read • Thu, 18th Dec 2014

Global Stories

Economy stories

NZ dollar spikes higher on US dollar weakness after dovish Fed minutes
NZD

NZ dollar spikes higher on US dollar weakness after dovish Fed minutes

The New Zealand dollar surged after dovish Fed minutes hinted at prolonged low US interest rates, setting a record high against the Aussie dollar.

By Pattrick Smellie • 3 min read • Thu, 19th Feb 2015
NZ dollar edges closer to record against Aussie after labour market data
New Zealand Dollar

NZ dollar edges closer to record against Aussie after labour market data

The New Zealand dollar edged closer to its record against the Australian dollar overnight after Australia's weaker than expected labour data yester.

By Pattrick Smellie • 3 min read • Fri, 13th Feb 2015
NZ dollar rises to 5-week high vs Aussie ahead of labour market data
New Zealand Dollar

NZ dollar rises to 5-week high vs Aussie ahead of labour market data

The New Zealand dollar jumped to its highest in almost five weeks against the Australian dollar, edging closer to its post-float high, as investors.

By Pattrick Smellie • 2 min read • Thu, 12th Feb 2015
NZ dollar rises to 4-week high vs Aussie as investors favour higher kiwi yields
New Zealand Dollar

NZ dollar rises to 4-week high vs Aussie as investors favour higher kiwi yields

The New Zealand dollar rose to its highest in almost four weeks against the Australian dollar as investors favoured the higher yields on offer in N.

By Pattrick Smellie • 2 min read • Wed, 11th Feb 2015