AMP NZ Office Trust (ANZO), New Zealand's largest listed investor in prime commercial office property, is maintaining unit-holder distributions for the first six months of the financial year in line with expectations.

The Chairman of Nuplex Industries Limited, Mr Rob Aitken, announced today that the board has appointed Dr Emery Severin as the next Chief Executive Officer of the company.

News and views

NZD

The NZD has spent the past 24 hours trapped in a 0.7060-0.7150 range.

LawFuel - The Law Jobs and News Wire Only 17 per cent of partners are women, according to a LawFuel survey New Zealand law firms still languish behind other jurisdictions in terms of women making partner.

This week's rebound in risk appetite faltered around the time of the European open. US equities (including futures) peaked then, and are 0.6% lower as we write.

Outlook

Currency: NZ Q4 unemployment data should dominate today's local session. Topside sellers having won yesterday battle should provide support alongside yield demand if the NZD moves closer to support at 0.7035.

British and Indian investors and private sector leaders gathered yesterday to discuss UK-India Partnerships at the 4th CBC -CII India Infrastructure Forum in London.

New Zealand's five major banks (Westpac, ASB, ANZ National, BNZ and Kiwibank) are emerging from the gloom of the recession, maintaining core earnings and showing measured balance sheet growth despite a trebling in bad debt expenses and the accruing for costs associated with the conduit tax disput

In what was widely regarded as the most exciting tasting at Pinot Nor 2010 so far New Zealand was applauded for being world leaders in sustainable winemaking.