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NZMEA: OCR Must Remain On Hold

NZMEA: OCR Must Remain On Hold

Worsening retail sales figures and a continuation of poor economic conditions around the world may mean that the Reserve Bank should give a bold 'lower for longer' signal say the New Zealand Manufacturers and Exporters Association (NZMEA).

Local Sunbed Business Urges Green MP To See The Light

Green MP Sue Kedgley, a long-standing opponent of the sunbed industry, made a statement yesterday calling again for regulation of New Zealand sunbed operators.

AgResearch Welcomes ERMA Approval For Business As Usual Transgenic Research

AgResearch Welcomes ERMA Approval For Business As Usual Transgenic Research

AgResearch has welcomed the Environmental and Risk Management Authority (ERMA) approval of its application to continue existing transgenic research on ruminant animals.

Fitch Says Upgrades Matched Downgrades In APAC SF During Q110

Fitch Says Upgrades Matched Downgrades In APAC SF During Q110

Fitch Ratings has today said that a total of 25 APAC tranches (including public, private, international and national ratings) were downgraded during the first quarter of 2010, and 24 were upgraded.

Haier Becomes New Zealand Expo Sponsor

Haier Becomes New Zealand Expo Sponsor

Haier, the world's largest manufacturer and marketer of whiteware, is now one of three Foundation Sponsors of the New Zealand pavilion at Shanghai World Expo, which officially opens on 1 May 2010.

Ovum Comment: iPad Delay Reflects On Difficulty In Ramping Up Production

Ovum Comment: iPad Delay Reflects On Difficulty In Ramping Up Production

Apple's decision to delay the international release of the iPad citing unforeseen demand may also reflect difficulty in ramping up production.

Tim Renowden, Analyst, based in London:

Criminal Charges Laid Against Lombard Directors

Criminal Charges Laid Against Lombard Directors

The Securities Commission today confirmed that it has laid criminal charges against Lombard Finance & Investments directors Sir Douglas Graham, Michael Reeves, William Jeffries and Lawrence Bryant.

Creative Solutions Needed As Pharmaceutical In-Licensing Competition Heats-Up

Continued demand for innovative and potentially first-in-class medicines is driving up the cost and driving down the potential return on investment for late stage in-licensing deals, pushing the pharmaceutical industry to be more creative as it tries to lessen the impact of patent expiries, finds

Moody's Sees Stable Outlook For Australian Banking System

Moody's Sees Stable Outlook For Australian Banking System

Moody's Investors Service says it has a stable industry outlook for the Australian banking system, reflecting the relatively sound prospects for the domestic economy, improved competitive conditions and signs that bad debt provisioning is peaking.

MediaWorks To Launch Digital Music Channel C42

MediaWorks To Launch Digital Music Channel C42

MediaWorks TV has confirmed that it will launch an alternative digital music channel C42 on May 1st to play exclusively on Channel 9 of the Freeview platform.