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![Landcorp sees Fonterra payout hitting high-water mark](/pf/resources/images/placeholders/placeholder_l.png?d=810)
Landcorp sees Fonterra payout hitting high-water mark
Landcorp Farming, New Zealand's biggest farm business, expects Fonterra's payout to slip next year and its own earnings from beef exports to fall, reflecting the high kiwi dollar.
![Economy on the mend, but global threats loom, says NZIER](/pf/resources/images/placeholders/placeholder_l.png?d=810)
Economy on the mend, but global threats loom, says NZIER
New forecasts from the NZIER say the economy is growing slowly this year and keep growing next year, but exports are threatened by a potential global slowdown.
![Wall St mixed as confidence dips](/pf/resources/images/placeholders/placeholder_l.png?d=810)
Wall St mixed as confidence dips
Consumer and business confidence in Europe and the US has been hammered this past month, unsurprisingly, and yet stocks are mixed on Wall St.
![World markets up on welcome Greek bank deal](/pf/resources/images/placeholders/placeholder_l.png?d=810)
World markets up on welcome Greek bank deal
Better-than-expected US consumer spending and a deal to merge two top Greek banks helped bolster investor optimism overnight.
![NZ dollar gains as equities bounce on Bernanke comments](/pf/resources/images/placeholders/placeholder_l.png?d=810)
NZ dollar gains as equities bounce on Bernanke comments
The New Zealand dollar rose against the greenback, tracking global equity markets higher overnight.
![NZ dollar rises as weak US data spurs QE3 talk](/pf/resources/images/placeholders/placeholder_l.png?d=810)
NZ dollar rises as weak US data spurs QE3 talk
The New Zealand dollar rose against the greenback on bets that weaker US data will force Fed chair Ben Bernanke to unveil a third round of quantitative easing.
![Wall St investors find value in beaten down stocks](/pf/resources/images/placeholders/placeholder_l.png?d=810)
Wall St investors find value in beaten down stocks
Investors found some value among beaten-down stocks on Wall St overnight as they picked up shares of Apple and IBM amid hope the Fed will announce new measures to shore up the US economy.