Latest Economy Headlines

Values of oilfield services companies not tied to oil Prices

Fri, 24 Oct 2014 15:53:50 +1300 | Allegiance Capital Corporation

Dallas, TX – Oct. 23, 2014 Like the motion of pump jacks sucking up black gold from oil wells around the globe, M&A activity in the oil and gas industry also has its ups and downs. Recently, the dramatic drop in oil prices from $100 per barrel ...More >>

NZ trade deficit widens in Sept amid lower log, dairy prices

Fri, 24 Oct 2014 10:57:30 +1300 | BusinessDesk

Oct. 24 (BusinessDesk) - New Zealand's monthly trade deficit widened more than expected in September as falling prices for logs and dairy products weighed on exports while imports were boosted by an incoming aircraft.More >>

NZ dollar drops to week-low as lower inflation seen weighing

Fri, 24 Oct 2014 08:45:38 +1300 | BusinessDesk

Oct. 24 (BusinessDesk) - The New Zealand dollar declined to a week-low after data yesterday showed inflation accelerated at a slower than expected pace in the third quarter, suggesting interest rates may stay at current levels for longer.More >>

RESEND: NZ dollar falls as benign inflation weighs on kiwi

Thu, 23 Oct 2014 17:19:42 +1300 | BusinessDesk

Oct. 23 (BusinessDesk) - The New Zealand dollar fell after figures showed inflation in the third quarter was slower than the Reserve Bank had forecast, giving it less reason to resume raising interest rates after pausing its tightening cycle in July.More >>

NZ dollar falls as benign inflation data weighs on kiwi

Thu, 23 Oct 2014 17:05:20 +1300 | BusinessDesk

Oct. 23 (BusinessDesk) - The New Zealand dollar fell after figures showed inflation in the third quarter was slower than the Reserve Bank had forecast, giving it less reason to resume raising interest rates after pausing its tightening cycle in July.More >>

The American Dream Is Still Possible, Just Not in US

Thu, 23 Oct 2014 16:37:47 +1300 | Ron Holland

Although there are no firm statistics on the number of Americans living outside the US, the US State Department estimates that somewhere between 3 and 6 million Americans now live offshore. I think this is a low estimate and the number is clearly growing.More >>

Nigeria: Diary of an Unemployed Graduate

Thu, 23 Oct 2014 16:07:15 +1300 | Joe Onwukeme

The need to write this Diary Of An Unemployed Graduate (DOAUG) was necessitated because of the high level of unemployed graduates and the disparity it has created between the middle class and the elite.More >>

New Zealand inflation still low: Downside surprises continue

Thu, 23 Oct 2014 15:35:00 +1300 | HSBC Bank

New Zealand Q3 CPI came in lower than expected, the annual rate falling from 1.6% to 1.0% (market expected 1.2%) – at the bottom of the RBNZ’s target band and below their forecast for +1.3%. The major slowdown in price pressures came in tradable ...More >>

BNZ CEO Healy calls on business leaders to help improve NZ

Thu, 23 Oct 2014 15:20:41 +1300 | BusinessDesk

BNZ chief executive Healy calls on business leaders to help fix five key NZ challenges More >>

RBNZ risk management to protect system, not individual firms

Thu, 23 Oct 2014 14:44:55 +1300 | BusinessDesk

Oct. 23 (BusinessDesk) - The Reserve Bank's risk management processes aim to protect the integrity of the entire financial system rather than individual entities, which should be allowed to fail to avoid moral hazard and inefficiency, the regulator says.More >>

Low Oil Prices Hurting U.S. Shale Operations

Thu, 23 Oct 2014 13:37:13 +1300 | James Stafford

The number of active rigs drilling for oil and gas fell by their most in two months, according to the latest data from oil services firm Baker Hughes . There were 19 oil rigs that were removed from operation as of Oct. 17, compared to the prior week. ...More >>

$8 Billion Tech Industry Shows Record Growth

Thu, 23 Oct 2014 13:20:03 +1300 | Technology Investment Network

New Zealand ‘s Tech Export Sector’s revenue has increased by 62% over the last decade to a record $8.3Billion, says the Technology Investment Network in its tenth annual TIN100 Report released today. The report measures the performance of the New ...More >>

NZ dollar drops after tepid inflation opens path lower

Thu, 23 Oct 2014 12:28:19 +1300 | BusinessDesk

Oct. 23 (BusinessDesk) - The New Zealand dollar fell about half a US cent after tepid local inflation pushed out the likely timeline for future interest rate hikes and cleared the way for a lower currency.More >>

NZ 3Q inflation misses expecations; kiwi drops

Thu, 23 Oct 2014 10:56:15 +1300 | BusinessDesk

Oct. 23 (BusinessDesk) - New Zealand inflation was steady in the third quarter of the year, slowing the annual pace of price increases, and raising the prospect of interest rates staying lower for longer after the data fell short of expectations. ...More >>

NZ dollar falls ahead of inflation on prospect of low rates

Thu, 23 Oct 2014 08:39:08 +1300 | BusinessDesk

NZ dollar weakens ahead of 3Q inflation on speculation interest rates to stay on hold More >>

Construction momentum builds across New Zealand

Wed, 22 Oct 2014 13:22:55 +1300 | Hays

Jobs growth in New Zealand’s construction industry is gathering pace as several large infrastructure developments have commenced or are about to get underway, says recruiting experts Hays Construction. More >>

John Key: Our plan for the next three years

Wed, 22 Oct 2014 12:57:19 +1300 | John Key

This week New Zealand’s fifty-first Parliament convened for the first time. The National Caucus is a strong, united team and I was pleased to hear the first maiden speeches of our new MPs. I was also proud to take the opportunity to outline some ...More >>

First NZ job fairs in November

Wed, 22 Oct 2014 12:22:58 +1300 | New Zealand Government

The Government has announced that a series of job fairs will be held in capital cities across Australia to encourage more Kiwis to return home and Australians to settle here to help fill emerging skills gaps and support thriving New Zealand-based businesses.More >>

Māori Operated SMEs Ahead on Earnings

Wed, 22 Oct 2014 11:27:30 +1300 | MYOB

Māori-operated small businesses have outperformed the SME average over the last year, although operators are less confident of growth in 2015 according to a nationwide survey.More >>

NZ dollar holds gains as Chinese data beats estimates

Tue, 21 Oct 2014 17:09:51 +1300 | BusinessDesk

Oct. 21 (BusinessDesk) - The New Zealand dollar held its gains against the greenback after figures showed the Chinese economy grew faster than expected in the third quarter, although still the slowest pace since early 2009 and leaving open the door for Beijing ...More >>

 

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