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NZ dollar hangs on to gains, debt softer
WELLINGTON, May 16 (Reuters) - The New Zealand dollar NZD= held on to limited gains on Friday, clawing back some lost ground after a week of negative data dimmed the economic outlook and hastened...
Reuters Finance News, Australia - Friday May 16, 2008, 3:34 pm

NZ power company Genesis Energy appoints new CEO
WELLINGTON, May 16 (Reuters) - New Zealand electricity company Genesis Energy said on Friday it had appointed former Oceanagold OGC.AX executive Albert Brantley to be its new chief executive. ...
Reuters Finance News, Australia - Friday May 16, 2008, 1:18 pm

Rio Tinto cuts NZ aluminium output to save power
SYDNEY, May 16 (Reuters) - Rio Tinto Ltd/Plc (ASX: RIO.ax) RIO.L said it will cut aluminium output by about 10 percent indefinitely at its 350,000 tonnes a year Tiwai Point, New Zealand, smelter...
Reuters Finance News, Australia - Friday May 16, 2008, 12:30 pm

Forex Video - Drop in NZ Retail Sales Raises Chances of RBNZ Rate Cut, Will US Data Impact EUR/USD On Friday?
 ·          US manufacturing reports disappoint, indicating the sector is a very soft spot for the...
Forex Capital Markets - Thursday May 15, 2008, 9:47 pm

NZ dollar tumbles on weak sales data, debt firms
WELLINGTON, May 15 (Reuters) - The New Zealand dollar NZD= hit fresh four-month lows on Thursday after a sharp fall in domestic retail sales highlighted the rapidly slowing economy and bolstered...
Reuters Finance News, Australia - Thursday May 15, 2008, 3:43 pm

NZ Q1 retail sales tumble, raise recession risk
By Kazunori Takada WELLINGTON, May 15 (Reuters) - New Zealand retail sales tumbled at their fastest pace in 11 years in the first quarter, raising the spectre of recession just as the...
Reuters Finance News, Australia - Thursday May 15, 2008, 2:48 pm

Air NZ raises airfares by average 3%
Air New Zealand announced its latest price rise on Thursday, an average 3 per cent lift in trans-Tasman and Pacific Island airfares to counter rising fuel prices.The increase applied from May 26 to...
AAP - Thursday May 15, 2008, 1:58 pm

TEXT-Air NZ to raise short-haul int'l fares by 3 pct
(The following statement was released by the company) WELLINGTON, May 15 - Air New Zealand's trans-Tasman and Pacific Island airfares are to rise by an average three percent as a result of ever...
Reuters Finance News, Australia - Thursday May 15, 2008, 12:09 pm

NZ budget to cut taxes, keep spending - FinMin
WELLINGTON, May 15 (Reuters) - The New Zealand government will give some relief to households from higher costs and deliver promised tax cuts, but will also spend on social services and...
Reuters Finance News, Australia - Thursday May 15, 2008, 10:39 am

NZ manufacturing activity recovers in April-survey
WELLINGTON, May 15 (Reuters) - New Zealand manufacturing activity picked up in April, but was still sluggish due to a slowing economy and widespread pessimism amongst businesses, a survey showed on...
Reuters Finance News, Australia - Thursday May 15, 2008, 10:03 am

Aussie dlr falls to near 2-wk lows on weak NZ data
SYDNEY, May 15 (Reuters) - The Australian dollar dropped to near two-week lows against the U.S. dollar on Thursday, dragged down in the kiwi dollar's wake after another batch of weak economic data...
Reuters Finance News, Australia - Thursday May 15, 2008, 9:50 am

NZ Q1 retail sales fall at steepest pace in 11 years
(Adds analyst comment, market reaction) WELLINGTON, May 15 (Reuters) - New Zealand retail sales fell at their fastest pace in 11 years in the first quarter, led by weaker vehicle sales, backing...
Reuters Finance News, Australia - Thursday May 15, 2008, 9:29 am

NZ dollar falls after weak retail sales data
WELLINGTON, May 15 (Reuters) - The New Zealand dollar fell nearly half a cent on Thursday to a four month low after first quarter retail sales data was weaker than expected. The kiwi fell from...
Reuters Finance News, Australia - Thursday May 15, 2008, 8:54 am

NZ dollar sags ahead of data, debt weakens
WELLINGTON, May 14 (Reuters) - The New Zealand dollar NZD= was mired at four-month lows on Wednesday in the face of a firmer U.S. dollar and as investors awaited data expected to offer fresh...
Reuters Finance News, Australia - Wednesday May 14, 2008, 3:13 pm

Offshore holdings of NZ govt debt rose in April-RBNZ
WELLINGTON, May 14 (Reuters) - The proportion of non-resident holdings of New Zealand government securities rose to 71.8 percent at the end of April, from 71.4 percent a month earlier, the Reserve...
Reuters Finance News, Australia - Wednesday May 14, 2008, 1:05 pm



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