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Unemployment below 6 percent in election year, says MBIE
By Pattrick Smellie Sept. 6 (BusinessDesk) – New Zealand’s jobless rate is forecast to fall below 6 percent in 2014, the Ministry of Business, Innovation and Employment says in forecasts released this morning, with ageing baby boomers more than holding up their end in the labour...
NZ dollar falls to 2-month low vs euro on ‘unlimited’ ECB plan
Sept. 6 (BusinessDesk) - The New Zealand dollar fell to the lowest level in more than two months against the euro after reports that European Central Bank President Mario Draghi will unveil plans for unlimited purchases of government debt, stoking demand for the common currency....
While you were sleeping ECB steps up to bat
By Margreet Dietz Sept 6 (BusinessDesk) - Global shares have paused as investors await confirmation from the ECB on its bond-buying program with hope that the bank will act firmly enough to help put the EU's credit crisis in check. That optimism was offset in large part by FedE...
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