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NZ manufacturing activity falls sharply in December as firms await clarity
By Rebecca Howard Jan. 19 (BusinessDesk) - New Zealand's manufacturing activity fell a five-year low in December as businesses deferred major decisions until there is more clarity after the change in the government, echoing the downbeat sentiment in this week's business confid...
Prime Minister Jacinda Ardern pregnant, Winston Peters to step in as acting PM
By Sophie Boot Jan. 19 (BusinessDesk) - Prime Minister Jacinda Ardern is pregnant, due in June, and deputy Prime Minister Winston Peters will take over the role for six weeks after the baby is born. In a press release, Ardern said she met with Peters yesterday to share the...
NZ dollar gains as threat of US govt shutdown weighs on greenback
By Paul McBeth Jan. 19 (BusinessDesk) - The New Zealand dollar rose back above 73 US cents as the looming deadline for US policymakers to extend funding for the federal government to avoid a shutdown weighed on the greenback and pushed up US interest rates. The kiwi gained...
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