Edition:
United States

Praveen Menon

New Zealand cenbank says lower rates may be needed; annual inflation slows

Oct 15 2019

WELLINGTON New Zealand's central bank signaled more rate cuts, or even unconventional stimulus measures, may be needed to counter global headwinds, as figures on Wednesday showed the country's annual inflation rate slowed in the third quarter.

New Zealand's Fonterra goes back to basics after record annual loss

Sep 25 2019

New Zealand's Fonterra , the world's largest dairy exporter, reported a record annual loss on Thursday, and unveiled a new strategy to phase out overseas "milk pools", cut debt and focus on its local production.

New Zealand to be Middle-earth again in Amazon's The Lord of the Rings series

Sep 18 2019

WELLINGTON/SAN FRANCISCO New Zealand will be home again to hairy feet and pointed-ear Hobbits after Amazon Studios confirmed the Pacific country will be the location for its new "The Lord of the Rings" series, a TV show widely tipped to be the most expensive ever made. | Video

Angry farmers to face off with NZ's Fonterra over financial woes

Sep 17 2019

WELLINGTON Fonterra , the world's biggest dairy exporter, will face off this month with farmer shareholders angry about the New Zealand company's ill-fated foreign expansion and resulting poor returns.

New Zealand's PM Ardern acts to tighten gun laws further, six months after attack

Sep 13 2019

WELLINGTON New Zealand's Prime Minister Jacinda Ardern introduced a new bill to parliament on Friday that aims to further tighten gun laws, as the country marks six months since the mass shooting in Christchurch that killed 51 Muslim worshippers. | Video

Fed's Daly says she's in a 'watch and see' mode on rates

Aug 28 2019

WELLINGTON, New Zealand San Francisco Federal Reserve President Mary Daly on Thursday said she is in a "watch and see" mode as she assesses the need for another U.S. interest-rate cut for an economy that has "strong" momentum but faces headwinds from uncertainty and a global growth slowdown.

Fed's Daly says she's in a 'watch and see' mode on rates

Aug 28 2019

WELLINGTON, New Zealand San Francisco Federal Reserve President Mary Daly on Thursday said she is in a "watch and see" mode as she assesses the need for another U.S. interest-rate cut for an economy that has "strong" momentum but faces headwinds from uncertainty and a global growth slowdown.

UPDATE 1-Fed's Daly says she's in a 'watch and see' mode on rates

Aug 28 2019

WELLINGTON, New Zealand, Aug 29 San Francisco Federal Reserve President Mary Daly on Thursday said she is in a "watch and see" mode as she assesses the need for another U.S. interest-rate cut for an economy that has "strong" momentum but faces headwinds from uncertainty and a global growth slowdown.

Fed's Daly says she's in a 'watch and see' mode on rates

Aug 28 2019

WELLINGTON, New Zealand, Aug 29 San Francisco Federal Reserve President Mary Daly on Thursday said she is in a "watch and see" mode as she assesses the need for another U.S. interest-rate cut, but said she believes acting early is better than waiting too long.

UPDATE 2-Air New Zealand eyes further cost savings as profits dip 31%

Aug 21 2019

* FY 2020 earnings forecast NZ$350 mln to NZ$450 mln (Adds share price, CEO comments, bullet points)

World News