New Federal Reserve chairwoman Janet Yellen provided a
''sugar rush'' to financial markets yesterday by making it
clear there would be no abrupt changes to United States
monetary policy, Craigs Investment Partners broker Greg
ASB owner, the Commonwealth Bank of Australia, is expected to
post a strong first-quarter result with cash earnings up
about 4% on the second half of 2013, Craigs Investment
Partners broker Greg Easton said yesterday.
The Australian initial public offering (IPO) market went into
a frenzy late last year and Milford Asset Management senior
analyst William Curtayne predicts the frenzy will resume in
the next few weeks.
Foodstuffs would continue to support and promote local
suppliers to its network of supermarkets but without banning
foreign products, Foodstuffs New Zealand managing director
Steve Anderson said yesterday.
Late last year, China overtook Australia as New Zealand's top
individual trade partner. Business editor Dene Mackenzie
investigates the implications of the growing ties to China
and the relationship between New Zealand, Australia and
LAbour Party revenue spokesman David Clark is calling on the
Government to investigate tax options for multinational
technology companies operating in New Zealand after Apple
released its New Zealand profit figures yesterday.