
Chinese growth likely to remain at 7.5pc next year
China may maintain its annual economic growth target at 7.5 per cent next year in a sign the new leadership headed by Xi Jinping won't tolerate a bigger slowdown.
China may maintain its annual economic growth target at 7.5 per cent next year in a sign the new leadership headed by Xi Jinping won't tolerate a bigger slowdown.
The Reserve Bank is expected to hold the official cash rate at 2.5 per cent on Thursday, so the focus will be on how the bank's view of the outlook has changed.
Fonterra chief executive Theo Spierings says it will take a couple of weeks for the price of units in the co-operative to settle after their explosive start on the NZX yesterday.
Market Index near five-year high as firm says it will pay investors special dividend.
A new fund aimed at globally focused New Zealand start-ups has made its first investments into two technology companies.
Subdued inflation will keep the Reserve Bank's official cash rate on hold until at least 2014, the NZIER predicts.
In a sign of the times motorhome rental operator Tourism Holdings is setting up RV supermarkets in Auckland and Christchurch.
New Zealand's trade accounts sank deeper into the red last month.
But a systemically important bank may not be allowed to fail in future, says S&P.
Exporters' lobby group calls for increasing population through immigration and developing bigger companies.
Standard & Poor's says the NZ banking sector is still too reliant on foreign funding.