
China baulks at sharing the West's post-party hangover
What happens if two countries cannot agree on the appropriate value for their mutual exchange rate? All sorts of accusations start to fly around.
What happens if two countries cannot agree on the appropriate value for their mutual exchange rate? All sorts of accusations start to fly around.
The New Zealand dollar is nearing 75 US cents after share markets around the world rallied overnight.
The New Zealand dollar fell from a 10-month high as a pick-up in American housing data polished the appeal of the beaten-down greenback.
Should savers expect to live off their incomes?
Economists believe GDP stats due out this week will show the NZ economy has expanded less that the Reserve Bank forecasted, confirming that interest rates are on hold for now.
If Alan Bollard's interest rate decision today had needed a theme song, it would have been the Rolling Stones' "Time is on my side."
The Christchurch earthquake means the Reserve Bank is now unlikely to raise the Official Cash Rate (OCR) again until next year, ASB economists say.
The New Zealand dollar opened firmer this morning as anxiety about the global economy eased.
Fran O'Sullivan writes that Phil Goff has been handed a couple of political aces - but how he plays them remains to be seen.