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| NZ sharemarket closes little changed |
| The New Zealand sharemarket closed little changed on a day in which the Reserve Bank did as expected and left official interest rates at a record low 2.5 per cent.The rate decision, and accompanying comments, were followed by... |
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Published: Thu, 11 Mar 2010 07:33 p.m. |
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| Dollar falls after Monetary Policy Statement |
| The New Zealand dollar fell in the wake of the Reserve Bank of New Zealand's Monetary Policy Statement (MPS) even though the official cash rate was held unchanged at a record low of 2.5 per cent.The NZ dollar fell from around... |
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Published: Thu, 11 Mar 2010 06:16 p.m. |
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| What crisis? World billionaire ranks hit new high |
| While for many people the effects of the worst recession since the 1930s look likely to linger and unemployment remains high across the Western world, for the planet's super-rich, things are looking very perky once again.The number... |
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Published: Thu, 11 Mar 2010 04:30 p.m. |
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| Entrepreneurs announce $900m fast broadband plan |
| New Zealand internet entrepreneurs Sam Morgan and Rod Drury have joined up with retailing entrepreneur Stephen Tindall to announce plans for a NZ$900 million optic fibre cable linking New Zealand, Australia and United States by 2013.... |
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Published: Thu, 11 Mar 2010 04:00 p.m. |
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| Steady improvement for manufacturing in February |
| Manufacturing showed signs of slow and steady improvement last month, with the latest BNZ-Business NZ performance of manufacturing index (PMI) indicating a continuing rise in new orders.The seasonally adjusted PMI was at 53.3... |
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Published: Thu, 11 Mar 2010 02:35 p.m. |
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| Food prices fall in February, steaks down 17pc |
| New Zealand food prices fell by 1.3 per cent in February on the back of falls in fruit and vegetable costs, as well as lowered meat, poultry and fish prices.Additionally, Statistics New Zealand's food price index measured a February... |
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Published: Thu, 11 Mar 2010 02:30 p.m. |
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