Edition:
United States

Rebecca Howard

The wings of New Zealand's kiwi dollar look set to be clipped

Oct 19 2016

WELLINGTON The New Zealand dollar, or kiwi, looks to be heading for a fall after outpacing many peers for much of this year.

New Zealand's central bank still seen cutting rates despite booming economy

Oct 13 2016

WELLINGTON A raft of positive data confirmed New Zealand is benefiting as one of the developed world's fastest-growing economies, yet the central bank is still expected to cut rates next month as inflation remains far below its target.

Fed's Evans "fine" with Dec hike if data stays firm

Oct 04 2016

AUCKLAND Chicago Federal Reserve Bank President Charles Evans said he would be "fine" with raising U.S. interest rates by year end if U.S. economic data continued to come in firm, though any further moves would need to see inflation accelerating.

Fed's Evans "fine" with Dec hike if data stays firm

Oct 04 2016

AUCKLAND Chicago Federal Reserve Bank President Charles Evans said he would be "fine" with raising U.S. interest rates by year end if U.S. economic data continued to come in firm, though any further moves would need to see inflation accelerating.

New Zealand dairy industry worries over Canada pricing plan

Sep 30 2016

WELLINGTON/WINNIPEG, Sept 30 New Zealand is closely watching changes in how Canada prices dairy products, New Zealand's trade ministry said on Friday, as industry groups in several countries complain of unfair Canadian competition.

Economists urge RBNZ to declare war on painfully strong currency

Sep 28 2016

WELLINGTON, Sept 28 New Zealand's central bank governor did manage to talk the country's high-flying currency a little lower last Thursday, despite keeping interest rates on hold, but some economists are demanding more.

New Zealand court makes first human-trafficking conviction

Sep 15 2016

WELLINGTON A New Zealand court on Thursday found a man guilty of exploiting Fijian workers in the country's first human-trafficking conviction.

New Zealand tightens mortgage deposit requirements, except for new homes

Sep 05 2016

WELLINGTON, Sept 5 The Reserve Bank of New Zealand, as part of an effort to cool the hot housing market, raised deposit requirements on Monday for home buyers taking out a mortgage, unless the loan was being taken for a newly built house.

Pizza by drone: unmanned air delivery set to take off in New Zealand

Aug 25 2016

WELLINGTON/SYDNEY A New Zealand pizza chain aims to become the world's first company to offer a commercial drone delivery service, a milestone in the once-unthinkable quest to save time and money with an air-borne supply chain dispensing with people.

Australia shares trapped, NZ stocks edge lower

Aug 15 2016

SYDNEY/WELLINGTON, Aug 16 Australian shares moved sideways on Tuesday as gains in the energy and natural resources sectors were offset by weakness in financials and discretionary stocks in another busy week of earnings reporting.

World News