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Inflation speeds to 4pc on GST hike
New Zealand consumer prices rose 2.3 per cent as expected in the three months ended December 30, mainly reflecting the hike in GST.
<i>Dollar Outlook:</i> Kiwi may break 78c on strong commodities, CPI
The New Zealand dollar will probably test US78c this week as the currency rides the wave of stronger prices for raw materials.
World sharemarkets banking on better days
The headline numbers on the profitability of America's biggest banks are fuelling optimism that the US economy is continuing to improve.
World shares rally on good Portugal news
Equities in Europe and on Wall Street rallied after Portugal's successful bond sale eased concerns about the euro-zone's debt crisis.
Corporate results, Japan boost mood on Wall St
Stocks on Wall Street were up as investors' confidence was underpinned by better-than-expected US earnings and international support for Europe's debt.
NZ business bouncing back, oh so slowly: NZIER
The economy rebounded in the December 2010 quarter, after contracting in September, according to the latest Quarterly Survey of Business Opinion.
<i>Dollar Outlook:</i> Kiwi faces heavy start to 2011 against greenback
The New Zealand dollar faces pressure in its first full week of trading in 2011 as support for the greenback is bolstered by upbeat US data and renewed fears about European debt.
Time for corporate America to confirm Wall St optimism
It's time now for corporate America to confirm the optimism that has led shares on Wall Street to six weeks of gains.
Ratings agency confirms 'heartland' bank ratings
The new 'heartland bank' formed by Canterbury Building Society and Souther Cross will come into being tomorrow, with an investment grade crdit rating and NZX listing expected next month.
Commodities slide on world markets overnight
Commodities slid, taking stocks on Wall St. lower overnight, amid concern that rising food and raw materials prices would cut into corporate profits.
Leading questions: Sarah Mehrtens
Business leaders share their approach to money and lessons they've learned.