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NZ jobless rate spike stokes talk of Reserve Bank interest rate cuts
By Paul McBeth Nov. 8 (BusinessDesk) - New Zealand's 13-year high unemployment rate has opened the door for the Reserve Bank to cut interest rates to help underpin growth in an economy recovering from the deepest recession in two decades. The household labour force survey toda...
Invacare’s Dynamic Controls manufacturing unit to shed up to 60 jobs in Christchurch
By Jonathan Underhill Nov. 8 (BusinessDesk) - Dynamic Controls, which designs and makes controls for powered wheelchairs, is to wind down its contract manufacturing business in Christchurch in a move the EPMU union says could result in up to 60 job losses. The company is owned...
NZX names Amelia Wong as head of cash markets
Nov. 8 (BusinessDesk) - NZX, the stock market operator, named Amelia Wong as head of Cash Markets, effective Dec. 10. Wong is currently an equities analyst at boutique fund manager Mint Asset Management and has worked at firms including Stanley, Barclays Capital and Sanford C....
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