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Deutsche Bank Daily Review

HEADLINES... Markets: Risk off tone prevails sending equities, commodities and bond yields lower as data fails to quell slow down worries, nervousness about Greece continues. USA: GDP revised up 0.1pps to 1.9% saar in Q1, at mkt.

Kiwis Need to Take Control of our Forest and Wood Products Industry

Kiwis Need to Take Control of our Forest and Wood Products Industry
While log exports are booming at the demise of locally produced wood products, a forest industry leader calls for New Zealand to take control of our forest and wood products industry.

Recovery in Investor Confidence stalled

Recovery in Investor Confidence stalled
The February Christchurch Earthquake has had a significant impact on investor confidence, according to the latest ASB Investor Confidence Survey.

Labour welcomes Retirement Commission announcement

Labour welcomes Retirement Commission announcement
Labour welcomes the shift in emphasis signalled by the decision to transfer the Retirement Commissioner from the Social Development portfolio to the Commerce portfolio, says Labour's Commerce spokesperson Lianne Dalziel.

Financial Markets Authority aims to restore investor confidence

Financial Markets Authority aims to restore investor confidence
Restoring investor confidence in New Zealand's financial markets is the major goal of the new Financial Markets Authority which was formally established today.

New financial markets watchdog opens for business

The Financial Markets Authority officially opened for business today, almost a year to the day after Commerce Minister Simon Power announced its formation.

English: Maintaining confidence in the financial system

English: Maintaining confidence in the financial system
The Government is considering options for maintaining confidence in the financial system when the Retail Deposit Guarantee Scheme expires at the end of this year, Finance Minister Bill English says.

Power: Financial Markets Authority legislation on track

Power: Financial Markets Authority legislation on track
Commerce Minister Simon Power today welcomed the report-back by the Commerce Select Committee on legislation to establish the Financial Markets Authority (FMA) and to improve governance of KiwiSaver schemes.

Overseas Investment Office approves 27 applications in Dec

Overseas Investment Office approves 27 applications in Dec
The Overseas Investment Office approved 27 investments in December with a net investment value, or total dollar value invested in New Zealand, of $445.89 million. This took total of approvals for 2010 to 123, which was down from the 158 in 2009.

Gains for NZX from privatisations modest, Treasury

Gains for NZX from privatisations modest, Treasury
The listing of state-owned assets will not be a big bonanza for the local market, according to a Treasury report released today.

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