This week we have been assailed in the media by John Key and other economic commentators by the news that the economic recovery is supposedly near at hand.
Prime Minister Helen Clark and National leader John Key do not think record high inflation figures out today will impact on the Reserve Bank's decision on Thursday on whether to cut interest rates.
Wellington, Oct 7 NZPA - Markets may have just had the worst month or so in memory, but the one certainty for investors is that the current credit crisis will resolve itself eventually, fund manager AMP Capital said today.
Wellington, Aug 25 NZPA - The New Zealand dollar traded lower against the greenback on a day that the US dollar rose to a two-year high against the pound. Having climbed above US72c for the first time in a fortnight on Friday morning, the New Zealand dollar struggled today.
Wellington, Aug 25 NZPA - Having climbed above US72c for the first time in a fortnight on Friday morning, the New Zealand dollar has tumbled more than a cent.
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