Economic data is reading a little bit like the zombie apocalypse at the moment: the dollar hit an all-time high this week while inflation is the highest it has been in 21 years.

New Zealand's economy kicked off 2011 with a bang, growing at twice the forecast pace and the fastest since December 2009 as a resurgent manufacturing sector drove the nation's revival in the face of Canterbury's earthquakes.

New Zealand's economy probably grew at the fastest pace in four quarters in the first three months of 2011, say economists.

The New Zealand dollar rose as high as 82.97 US cents in New York overnight, the highest level since the currency...

Alan Bollard may signal his disapproval of the high kiwi dollar when he releases his monetary policy statement next week.

A soaring debut by LinkedIn contrasted with a drop in semiconductor stocks including Intel as data on US home sales and manufacturing fell short of expectations.

More insurance companies may require bailouts as a result of the Christchurch earthquakes.

New Zealand house prices appear to be overvalued by up to 25 per cent, the International Monetary Fund says.

More than half of New Zealand's $168.2b of mortgages are now on floating rates, says the Reserve Bank.

As the markets try to divine how long "some time" is, the nuances of the statement are relatively upbeat.

Reserve Bank governor Alan Bollard has held interest rates steady at 2.5pc and says there's no need to raise them any time soon.