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Chorus wins in push-back against proposed copper pricing, faces smaller reductions
By Paul McBeth Dec. 3 (BusinessDesk) - Chorus, the telecommunications network operator, won't have to cut its prices for copper-line services as deeply as initially feared after the antitrust regulator set pricing over the unbundled copper local loop. The Commerce Commission h...
NZ dollar little changed vs. Oz dollar as RBA, RBNZ rate reviews awaited
Dec. 3 (BusinessDesk) - The New Zealand dollar was little changed against the Australian dollar amid expectations the Reserve Bank of Australia will cut its benchmark interest rate this week while New Zealand’s central bank will keep rates unchanged, narrowing the premium offere...
World Week Ahead Fiscal, economic challenges
By Margreet Dietz Dec. 3 (BusinessDesk) – The agonisingly slow rate of progress in talks to avoid the fiscal cliff in the US with now less than a month to reach an agreement will remain the key focus for investors this holiday season. Progress is difficult to discern, if not...
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