New Zealand
NEW ZEALAND: Contractions continue towards second half
The economy contracted by 1.0% in the March quarter, Statistics New Zealand reported today.
New ZealandASIA: Banks' NPL positions deteriorate
While Asian banks suffered relatively little direct damage from the US sub-prime mortgage crisis,...
AsiaNEW ZEALAND: Government delivers prudent budget
The government postponed tax cuts in its budget today.
New ZealandNEW ZEALAND: Recession budget will look ahead
The Ministry of Social Development announced job cuts yesterday. The government's financial...
New ZealandSOUTH KOREA: Lee will advance Seoul's strategic agenda
President Lee Myung-bak begins visits to New Zealand, Australia and Indonesia on March 3. While...
South KoreaSOUTH KOREA: Lee will head south for diplomacy
President Lee Myung-bak will visit New Zealand, Australia and Indonesia, beginning March 2, the...
South KoreaPACIFIC: ADB supports Nauru Trust Fund
Such funds provide a means for shoring up the long-term financial security of some of the...
PacificNEW ZEALAND: RBNZ opts for major rate cut
The Reserve Bank of New Zealand (RBNZ) cut its benchmark interest rate from 5.0% to 3.5% today.
New Zealand
