![Drifting world economy skirts the worst but still lags](/pf/resources/images/placeholders/placeholder_l.png?d=793)
Drifting world economy skirts the worst but still lags
Call it the drift economy. The world somehow manages to stay afloat yet doesn't go much of anywhere very fast.
Call it the drift economy. The world somehow manages to stay afloat yet doesn't go much of anywhere very fast.
The Reserve Bank is trying to understand why inflation has undershot expectations over the past six years.
COMMENT: Markets are full of surprises - especially for commentators and experts who think they know it all.
A broad rally overnight has lifted the S&P 500 and Dow industrials to record highs, with a sharp rebound in crude prices boosting
Domestic tourist number dropped last month, offsetting a gain in overseas visitor numbers.
More Australians are moving here than New Zealanders are going there and we're luring their families to happiness in the Canterbury
Retail spending was up in June - with durable goods: furniture, hardware, appliances leading the charge.
The reset button is being pressed on global culture. And it's China's turn to play.
The New Zealand dollar was up again overnight, making it a standout against a broadly stronger greenback,
The Reserve Bank has told the Government to review immigration policy in a bid to stem rising house prices.
Claire Trevett looks at the party's progress in the shaping of its plans to wrest power from the National Party at next year's general election.
COMMENT: From Britain, to the US to Australia, voters are punishing politicians and causing unease in the markets, writes Liam Dann.
COMMENT: If John Key was trying to hurry the Bank to hit investors with tougher lending restrictions, he has been ignored.
Reserve Bank says Government should consider reviewing it immigration policy, as migrants were driving up housing demand.
Australia is a step closer to losing its AAA credit rating.
The Bank of England's FPC has highlighted the biggest risks facing the economy in the wake of the Brexit vote.
He was a big star in the private equity world. Now, Andrew Caspersen is facing years in prison.
Following the Brexit vote, odds are growing that governments will be jolted by mounting populist pressures worldwide.
International dairy prices edged down at the latest GlobalDairyTrade auction, the GDT price index falling by 0.4 per cent since the previous sale last month.
COMMENT: It is a pretty crap society that pulls the ladder up on younger people or those less well off just because they want to preserve their new unearned wealth.
A tightening labour market and a slight lift in pricing intentions are among the early signs that inflation may finally be starting to edge up.
If you're a central banker concerned with your own nation's economy, you can't afford to ignore the international context.
New Zealand commodity prices rose for a second month in June, led by more seafood and dairy products.
Milk processing firm Miraka is tripling production to meet a growing thirst for its UHT products in China.
New Zealand firms turned optimistic about the state of the economy in the June quarter.
A call by a former Reserve Bank chief economist to flood Auckland with new houses is "crazy", says Prime Minister John Key.
Brits visiting during next year's Lions rugby tour may tighten their belts due to the weaker British pound.
Put the champagne on ice - talk of a parity party is back on as the kiwi gains ground on the Australian dollar.
A mammoth federal election campaign has resulted in political stalemate in Australia and is likely to effect the markets.