
Kiwi dollar falls; market awaits EU summit, Aust CPI
The New Zealand dollar fell nearly one US cent overnight.
The New Zealand dollar fell nearly one US cent overnight.
New Zealand is set to complete its free trade triumvirate with Greater China when it adds Chinese Taipei to this country's earlier deals with Beijing and Hong Kong.
Costamare told investors it purchased secondhand container ships, including the Rena, at a good time and is making a yield of 32 per cent on them.
New Zealand needs to avoid a costly regulatory over-reaction to the Christchurch earthquakes, says Reserve Bank Governor Alan Bollard.
Stocks and the euro sank as comments by Germany's finance minister doused hopes a summit later this month would resolve Europe's debt crisis.
Support will be needed from tech firms to bring this unique, ambitious project alive.
Anyone hoping for a weekend fix to the global banking sector will have to wait a little longer - perhaps a lot longer.