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| NZ dollar rises, anxiety over global economy eases |
| The New Zealand dollar rose today after a better-than-expected US payrolls report eased anxiety about the global economy but some analysts questioned the strength of the rally, citing the weekend's earthquake as one of a range of... |
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Published: Mon, 06 Sep 2010 06:16 p.m. |
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| Fletcher Building leads stocks higher |
| Fletcher Building, Steel & Tube and Cavalier Carpets shares soared and Tower shares plunged as investors assessed the implications of Saturday's destructive earthquake in Canterbury on the corporate sector.Brokers said at times... |
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Published: Mon, 06 Sep 2010 05:54 p.m. |
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| Household borrowing on the turn |
| Household borrowing is falling faster than new investment in housing, suggesting New Zealanders are starting to get on top of rising debt levels for the first time in a decade, according to Treasury analysis released today."The... |
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Published: Mon, 06 Sep 2010 04:21 p.m. |
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| Quake could tip over recession-hit businesses |
| Saturday's earthquake could prove to be the tipping point for some businesses already squeezed by the recession, a Christchurch business leader says.Canterbury Chamber of Commerce chief executive Peter Townsend said Christchurch's... |
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Published: Mon, 06 Sep 2010 03:00 p.m. |
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| Restoration efforts key to Christchurch's economic recovery |
| The speed with which infrastructure can be restored will be key to how the economy fares in the aftermath of Saturday's devastating earthquake, a leading economist says.The magnitude 7.1 earthquake is a large wealth hit to the... |
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Published: Mon, 06 Sep 2010 02:45 p.m. |
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| Quake throws lifeline to building industry - Fletcher shares rise |
| The 7.1 magnitude pre-dawn earthquake that shattered Christchurch may be the most significant economic disaster in recent history, but it will provide a much-needed lifeline for New Zealand's beleaguered construction sector.Fletcher... |
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Published: Mon, 06 Sep 2010 02:30 p.m. |
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