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Telecom's Moutter steps down from board of debt-issuing unit
By Paul McBeth Sept. 10 (BusinessDesk) - Telecom Corp boss Simon Moutter has stepped down from the board of the phone company's debt-issuing unit to focus on running the firm's main operations. Moutter's resignation, effective today, leaves him free to "focus his efforts on Te...
OCR may stay low until June 2013 MPS as modest growth keeps inflation in check
By Jonathan Underhill Sept. 10 (BusinessDesk) - Reserve Bank Governor Alan Bollard may use his swansong interest rate review this week to keep conditions unchanged, because modest growth in the New Zealand economy is being offset by a tepid global outlook. Bollard will keep the...
World Week Ahead Cue the Fed
By Margreet Dietz Sept. 10 (BusinessDesk) - The key question in the coming days is whether Federal Reserve policy makers will follow the example of their European counterparts by making good on a promise to help accelerate an increasingly languid US economy. The latest America...