New Zealand's current account deficit was much wider than
expected in the year ended December but economists remain
positive about economic growth prospects.
The global economic recovery continued to build but the
increase risk of sovereign default has led to AXA Global
Investors reducing its exposure to global bonds in the past
New Zealand is facing an uncertain but optimistic recovery, a
consensus of economic forecasts compiled by the New Zealand
Institute of Economic Research says.
The future of South Canterbury Finance lies in the hands of
Treasury and whether or not it accepts the Timaru-based
finance company into the extended retail deposit guarantee
Mack-line tries hard to avoid paranoia when several similar
emails arrive in the inbox at about the same time.
Our calculations suggest there was a substantial rebound in
the fourth quarter.
The economic recovery is thought to have been much broader in
the three months ended December, with most areas posting an
Retail investors have the chance to own a piece of a school,
prison or hospital through a $125 million fund launched by
Craigs Investment Partners.
Shares of clothing retailer Kathmandu improved 8% in price
yesterday as investors reacted positively to the nearly 50%
rise in operating profit.
Oil prices touched $US83 ($NZ117) yesterday, coming within
$US2 of this year's high on a recovery in demand in the
United States and Opec's decision to leave output targets
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