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Business

Handling Our Economic Recovery

New Zealand's recovery from the Global Financial Crisis is entering a new, less fragile stage, which will allow monetary policy stimulus to be removed, Reserve Bank Governor Alan Bollard said today.

Company A Founding Member Of Disputes And Discipline Scheme

Mike Pero Mortgages continues to raise the standards by becoming a founding member of the recently government approved disputes scheme, operated by Financial Services Complaints Limited (FSCL).

Alphatec Spine Adds New Vice President And General Manager

Alphatec Holdings, Inc.

Westpac Institutional Bank Morning Report

Westpac Institutional Bank Morning Report

News and views

Sovereign credit fears again dominated the world's markets, civil unrest in Greece effectively closing the country and raising doubts about promised austerity measures.

BNZ Currency Reports

BNZ Currency Reports

NZD The NZD has continued to drift lower over the past 24 hours. After starting the week around 0.7300, NZD/USD has slipped back to around 0.7150.

The NZD was largely off the radar last night as worries about the health of the Eurozone remained firmly in markets' focus.

O-i Announces Aggressive Plan To Slash Carbon Footprint

O-i Announces Aggressive Plan To Slash Carbon Footprint

Owens-Illinois, Inc. (NYSE: OI), the world's largest manufacturer of glass packaging, today announced an aggressive plan to significantly reduce energy consumption and carbon emissions across its worldwide operations during the next decade.

Westpac Global Markets Strategy Group: Morning FX Thoughts - NZ Edition

Westpac Global Markets Strategy Group: Morning FX Thoughts - NZ Edition

Sovereign credit fears again dominated the world's markets, civil unrest in Greece effectively closing the country and raising doubts about promised austerity measures.

New Wave Of Independent, Self-employed Free Agents Emerging Around World, International Workforce Survey Finds

New Wave Of Independent, Self-employed Free Agents Emerging Around World, International Workforce Survey Finds

(Marketwire) - Economic uncertainty has fueled a growing trend toward self-employment and entrepreneurialism with one-in-five respondents worldwide now working outside the traditional employment relationship, and 50 percent saying that they would like to do so, according to the latest survey resu

Edhec-Risk Institute Paper Shows 2008 Short Sale Ban Did Not Ease Downward Pressure In Financial Markets

Edhec-Risk Institute Paper Shows 2008 Short Sale Ban Did Not Ease Downward Pressure In Financial Markets

In a new position paper entitled "Spillover Effects of Counter-cyclical Market Regulation: Evidence from the 2008 Ban on Short Sales," Professor Abraham Lioui, Professor of Finance at EDHEC Business School looks at the impact of the ban on broad market indices in the US and in Europe (t

Goldman Sachs: Thoughts On Our Tactical FX Stance In Volatile Markets

Goldman Sachs: Thoughts On Our Tactical FX Stance In Volatile Markets

1. Overview: It was another ugly day for global markets, dominated by continued fiscal worries, rumours and public denials. Southern European markets were particularly hard hit, again, with notably underperformance of exposed equity and bonds markets.