Dene Mackenzie

Wider deficit has encouraging signs

Wider deficit has encouraging signs

New Zealand's current account deficit was much wider than expected in the year ended December but economists remain positive about economic growth prospects.

Global bonds reduced

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 three months.

Forecasters revise upwards expectations of economic recovery

New Zealand is facing an uncertain but optimistic recovery, a consensus of economic forecasts compiled by the New Zealand Institute of Economic Research says.

Treasury soon to decide SCF future

Treasury soon to decide SCF future

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 scheme.

Looking for love online

Mack-line tries hard to avoid paranoia when several similar emails arrive in the inbox at about the same time.

Company profits may surprise

Our calculations suggest there was a substantial rebound in the fourth quarter.

GDP figures set to show things are looking up

GDP figures set to show things are looking up

The economic recovery is thought to have been much broader in the three months ended December, with most areas posting an increase.

Govt increases private role in state sector

Govt increases private role in state sector

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.

Kathmandu profit lifts shares 8%

Kathmandu profit lifts shares 8%

Shares of clothing retailer Kathmandu improved 8% in price yesterday as investors reacted positively to the nearly 50% rise in operating profit.

Opec maintains reduced output

Opec maintains reduced output

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 unchanged.