Kmart: Officially Dead in America, but Thriving in Australia and New Zealand
While Kmart in the U.S. is now a shadow of its former self—so much so that many consider it officially dead—the Kmart story in Australia … Read more
zealand
New Zealand withdraws bill allowing 16-year-olds to vote in local body elections
By Lucy Craymer WELLINGTON (Reuters) – The New Zealand government on Friday withdrew a bill that would have allowed sixteen year olds to vote in … Read more
New Zealand house prices unchanged, activity improving -REINZ
WELLINGTON (Reuters) – New Zealand house prices were unchanged in December, but more broadly activity is improving with sales increasing and houses selling more quickly, … Read more
New Zealand business confidence hits highest level since March 2015 – Survey
By Lucy Craymer WELLINGTON (Reuters) – New Zealand’s business confidence rose in December amid a bounce in most activity indicators and is now at its … Read more
New Zealand central bank warns Citi’s local unit over breach of international payments rule
(Reuters) – The Reserve Bank of New Zealand (RBNZ) said on Thursday it had issued a formal warning to Citigroup’s local unit for failing to … Read more
New Zealand economy unexpectedly contracts in third quarter
By Lucy Craymer WELLINGTON (Reuters) – New Zealand’s economy unexpectedly contracted in the third quarter as a number of industries including manufacturing and construction saw … Read more
New Zealand house prices fall but activity up -REINZ
By Lucy Craymer WELLINGTON (Reuters) – New Zealand house prices fell in November, but more broadly sales activity is improving with more listings coming to … Read more
New Zealand foreign minister seeks closer ties with Five Eyes powers
By Alasdair Pal (Reuters) – New Zealand Foreign Minister Winston Peters said on Monday he would draw the country closer to intelligence partners the United … Read more
New Zealand seeks to strengthen engagement with US -foreign minister
By Lucy Craymer WELLINGTON (Reuters) – New Zealand Foreign Minister Winston Peters said on Thursday his country would seek to strengthen engagement with the United … Read more
New Zealand to introduce RBNZ reforms, lift cigarette sale ban
SYDNEY (Reuters) – New Zealand’s new government will introduce legislation to reform the Reserve Bank of New Zealand’s mandate and lift a ban on the … Read more
EU lawmakers approve New Zealand trade deal to end hiatus
By Philip Blenkinsop BRUSSELS (Reuters) – The European Parliament approved on Wednesday the European Union’s free trade agreement with New Zealand, its first endorsement of … Read more
New Zealand house prices dip in October, sales activity steadily improving -REINZ
By Lucy Craymer WELLINGTON (Reuters) – New Zealand house prices fell slightly in October but sales activity is showing a steady improvement on 2022, the … Read more
Explainer-New Zealand voted for change, what happens now?
WELLINGTON (Reuters) – New Zealand’s centre-right National Party will head the country’s next government after Saturday’s general election, but it will be several weeks until … Read more
‘Bloodbath’: New Zealand Voters Decisively Reject Liberal Party
‘Bloodbath’: New Zealand Voters Decisively Reject Liberal Party Nick Pope on October 14, 2023 The voters of New Zealand spurned the liberal Labour Party in … Read more
New Zealand PM-elect Luxon, National leaders to start planning coalition
By Lucy Craymer and Renju Jose WELLINGTON (Reuters) -Senior members of New Zealand’s National Party will meet on Sunday to plan forming a coalition government … Read more
Voting closes in New Zealand election, counting set to begin
By Lucy Craymer WELLINGTON (Reuters) – Voting closed in New Zealand’s general election at 7:00 p.m. (0600 GMT) on Saturday and counting was set to … Read more
New Zealand election campaign winds down with Labour facing defeat
By Lucy Craymer WELLINGTON (Reuters) – New Zealand Prime Minister Chris Hipkins on Friday urged voters to get out and re-elect Labour in Saturday’s national … Read more
Explainer-New Zealand election on Saturday: What you need to know
By Lucy Craymer WELLINGTON (Reuters) – Saturday is the final day to vote in the New Zealand national election, with the Labour Party seeking a … Read more
Factbox-The two Chrises vying for role of New Zealand prime minister
By Lucy Craymer WELLINGTON (Reuters) – New Zealand’s election has turned into a battle of the two Chrises. According to recent polls, Chris Hipkins, New … Read more
Air New Zealand eyes lower earnings for first half as domestic demand softens
By Ayushman Ojha (Reuters) -Air New Zealand on Thursday flagged lower earnings for first half of fiscal 2024 on a recent softness in domestic travel … Read more
Factbox-Kingmakers rise ahead of close-run New Zealand election
By Lucy Craymer WELLINGTON (Reuters) – Election polls give New Zealand’s centre-right National Party a comfortable lead going into the Oct. 14 election. However, it … Read more
New Zealand current account deficit narrows in Q2
By Lucy Craymer WELLINGTON (Reuters) – New Zealand’s current deficit narrowed in the second quarter, official data showed on Wednesday, but the country’s external position … Read more
New Zealand banks to introduce new measures to prevent scams
By Lucy Craymer WELLINGTON (Reuters) – New Zealand banks on Friday said they would introduce new steps to counter scams targeted at its customers including … Read more
New Zealand manufacturing sector again edges lower in August
WELLINGTON (Reuters) – New Zealand’s manufacturing sector contracted again in August and is well below its long-term average, a survey showed on Friday. The Bank … Read more
New Zealand forecasts much larger budget deficit but improved economy
By Lucy Craymer WELLINGTON (Reuters) – New Zealand’s government on Tuesday predicted a larger budget deficit but better-than-expected economic conditions in the year ahead, as … Read more
New Zealand house prices to rise again on supply shortage, rate cut hopes: Reuters poll
By Anant Chandak BENGALURU (Reuters) – New Zealand house prices are forecast to rise again next year due to an ongoing supply shortage and expectations … Read more
New Zealand cuts spending plans as China, global economies slow
SYDNEY (Reuters) – New Zealand said on Monday it would cut its future budget allowances, reduce spending on consultants and for some government programmes citing … Read more
Analysis-In New Zealand, defence and security become election issues amid China’s Pacific push
By Lucy Craymer WELLINGTON (Reuters) – For the first time in decades, foreign and defence policy are in the electoral spotlight in New Zealand, as … Read more
Reserve Bank of New Zealand: stress test shows life insurers can withstand shocks
By Lucy Craymer WELLINGTON (Reuters) – Reserve Bank of New Zealand said on Tuesday that its first life insurance industry stress test showed large insurers … Read more
Blinken says door open for New Zealand to engage on AUKUS
By Lucy Craymer and Renju Jose WELLINGTON (Reuters) -U.S. Secretary of State Antony Blinken said on Thursday the door was open for New Zealand to … Read more
New Zealand justice minister quits after being charged following car crash
(Reuters) – New Zealand’s justice minister resigned on Monday after being arrested in relation to a car crash the previous day, the fourth minister to … Read more
New Zealand Q2 CPI rises 1.1%, slightly faster than expected
By Lucy Craymer WELLINGTON (Reuters) – New Zealand’s consumer inflation came in slightly above expectations in the second quarter, driving swap rates higher as the … Read more
New Zealand 2nd qtr business confidence continues to improve but still downbeat –think-tank
By Lucy Craymer WELLINGTON (Reuters) – New Zealand’s business confidence in the second quarter continued to pick up from low levels but firms remain downbeat, … Read more
Analysis-New Zealand, in recession and heading to polls, goes pragmatic on China trade
By Lucy Craymer WELLINGTON (Reuters) – New Zealand Prime Minister Chris Hipkins trod a careful line on his first trip to China last week as … Read more
New Zealand passes law guaranteeing bank deposits up to NZ$100,000
SYDNEY (Reuters) – New Zealand passed a law on Thursday guaranteeing bank deposits up to NZ$100,000 ($60,770), a move it said would strengthen and protect … Read more
New Zealand business confidence improves in June- ANZ survey
SYDNEY (Reuters) – New Zealand’s business confidence improved in June, hitting the highest read since November 2021, while expected own activity moved to positive territory … Read more
For New Zealand exporters, China both a target and a risk
By Lucy Craymer WELLINGTON (Reuters) – As New Zealand Prime Minister Chris Hipkins prepares to lead a trade delegation to China seeking greater access for … Read more
Man with axe attacks Chinese restaurants in New Zealand, injuring four
By Lucy Craymer WELLINGTON (Reuters) – A man wielding an axe entered three Chinese restaurants on Monday night in New Zealand’s largest city Auckland, sending … Read more
New Zealand to investigate profitability, competition at banks
SYDNEY (Reuters) – New Zealand said on Tuesday it would examine the profitability of the country’s banks and investigate whether competition in the sector was … Read more
New Zealand must free up land, expand housing supply to ease home affordability – IMF
By Lucy Craymer WELLINGTON (Reuters) – New Zealand needs to keep increasing the supply of houses to address housing affordability, which is still a concern, … Read more
IKEA stores owner Ingka starts on first New Zealand store
By Marie Mannes STOCKHOLM (Reuters) – IKEA stores owner Ingka group has announced the official start of work on its delayed first store in New … Read more
New Zealand consumer confidence flat in May -ANZ-Roy Morgan
SYDNEY (Reuters) – Consumer confidence in New Zealand was flat in May compared with the prior month and remained very subdued as consumers remained under … Read more
New Zealand banks move to processing payments seven days a week
WELLINGTON (Reuters) – The majority of New Zealand bank customers will be able to send and receive local payments seven days a week, starting on … Read more
New Zealand Q2 average 1-yr inflation expectations ease to 4.28% – central bank survey
WELLINGTON (Reuters) – New Zealand’s near-term rate of inflation is expected to continue to ease over the coming two years, a survey showed on Monday. … Read more
Zealand, Boehringer’s drug meets main weight-loss goal in mid-stage trial
By Ludwig Burger FRANKFURT (Reuters) – Zealand Pharma and partner Boehringer Ingelheim said their experimental obesity drug achieved up to 14.9% weight loss after 46 … Read more
New Zealand committed to cutting spending, PM Hipkins says
By Lucy Craymer WELLINGTON (Reuters) – The New Zealand government is committed to reducing spending even though severe weather events earlier this year caused asset … Read more
New Zealand ships its last livestock as ban takes effect
By Lucy Craymer WELLINGTON (Reuters) – New Zealand’s last exports of livestock by sea have been completed and live exports have ceased, its agriculture minister … Read more
New Zealand intelligence service says foreign interference attempts ‘persistent’
By Lucy Craymer WELLINGTON (Reuters) – Attempts by some countries to interfere with New Zealand’s democracy, economy and civil society “are persistent”, according to New … Read more
Spark New Zealand to invest up to $189 million in data centres over three years
(Reuters) – Telecommunication firm Spark New Zealand said on Wednesday it will invest more in data centres and its 5G business over the next three … Read more
New Zealand Business Confidence largely unchanged – ANZ
WELLINGTON (Reuters) – New Zealand’s business confidence was largely unchanged in March as firms are wary but hanging in there, ANZ Bank said in a … Read more