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Editorial: Rates rise may be first step to true recovery
The raising of interest rates by the United States Federal Reserve late last week is the best news in seven years for the world's economy.
The raising of interest rates by the United States Federal Reserve late last week is the best news in seven years for the world's economy.
China's economic conditions deteriorated in the fourth quarter, raising doubts over whether it is transitioning from manufacturing to services-led growth.
New Zealand businesses ended 2015 on an upbeat note, with confidence rising to the highest level since April.
Even with fuel at its cheapest price in almost a decade, the ships that carry goods around the world have been cutting speed.
The US Federal Reserve's first interest rate hike in almost a decade is unlikely to derail equity markets, say market analysts.
Kiwi mortgage holders may see an increase in longer fixed term rates over the coming weeks after the US Federal Reserve lift rates this morning.
Our economy appears to be humming along, with latest GDP stats showing a 0.9 percent lift in economic activity.
Fed ends the "zero-rate era" - signals 4 quarter-point increases for next year.
Investors can't ignore so-called Black Swan scenarios following a year that surprised the world with record refugee flows and brutal terror attacks.
Days after signing the Paris Climate Agreement, New Zealand has granted more permits for oil and gas exploration
The Government has softened some of its targets for achieving surplus and reducing debt in light of a deterioration in the books that makes it previous target harder to sustain.
The Fed is expected to raise its benchmark interest rate this week for the first time in nearly a decade.
Nearly 200 countries strike deal on how to combat climate change, but it's what the energy companies do next that could make or break the agreement.
There is a growing impetus in some countries to consider providing everyone with a fixed sum of money that would help address basic needs such as food and housing, writes Richard McLachlan.
Climate change may still seem a distant threat, but a "Super El Nino" summer is already evident.
Consumer sentiment eased in December but remains well above its recent lows, according to the latest ANZ-Roy Morgan Consumer Confidence Index.
It is high time for the Government to go easy and give itself more room to manoeuvre in setting fiscal policy, writes Brian Fallow.
The Reserve Bank has cut its official cash rate by a quarter of a percentage point to 2.5 per cent, signalling a likely end to the current easing cycle.
LIAM DANN: Number One - the Reserve Bank is still more worried about the housing bubble than deflation.