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Blue Skies in Beijing? Must be Apec in town.

Blue Skies in Beijing again and guaranteed to stay so until the Apec Leaders Jamboree rolls through China’s Capital City. We’re here once again to talk trade; make new business relationships; soak up the trends; gain insights into the progress on TPP and FTAAP; gauge how China is handling the competing trade agendas and see at least 10 Asia Pacific …

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Let’s Make APEC 2014 About Free Trade

By Charles Finny With the Republicans back in control of both the House and Senate in the US there are positive signs that the dysfunction apparent in recent years on the hill may be ending.  With both President Obama and the Republican Leadership stating a desire to work together on matters of national importance APEC 2014 and ancillary meetings offers …

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Fonterra slashes 2015 milk payout to $5.30/kgMS, earnings tumble 76%

Fonterra Cooperative Group cut its forecast 2015 milk price payout by about 12 percent, citing weaker global dairy prices and said there is a risk of further declines given strong global milk production.  New Zealand’s biggest company revised its forecast payout to farmers while releasing its results for the year ended July 31, which showed sales climbed 19.5 percent to …

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MARKET CLOSE: NZ shares soar on election result, led by MRP

New Zealand shares jumped, led by MightyRiverPower, after the National Party’s convincing election victory on the weekend wiped out any regulatory fears for the power companies. Meridian Energy, Genesis Energy and Contact Energy paced gains. The NZX 50 Index advanced 54.947 points, or 1.1 percent, to 5236.292. Within the index, 27 stocks rose, 13 fell and 10 were unchanged. Turnover …

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Sean Keane: Fewer political horses being traded will be a good thing for New Zealand

The ruling National Party has been very comfortably re-elected at the weekend’s election in New Zealand, delivering Prime Minister John Key a third three year term as the countries leader. Mr Key’s personal popularity with the electorate was a crucial feature during the election, and despite the various late attempts to throw the campaign off track National were actually able …

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“Snowden’s spy leaks helped killers of western detainees” – UK Times

The hunt for the Islamic State killers of British and American hostages has been hampered by Edward Snowden’s leaks about western spycraft according to claims reported in The Times on September 6. The Times report says intelligence officials, MPs and academics said revelations about the ability of GCHQ, the government’s eavesdropping centre, and America’s National Security Agency to intercept emails, …

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FT’s Jamil Anderlini on how the Chinese anti-corruption drive has swept to New Zealand

The anti-corruption campaign which has swept across China in the last two years has gone global, as Beijing seeks to enlist the help of western democratic governments in pursuing officials who flee overseas. Underlining Beijing’s rising economic and political clout, Communist party officials have already launched an investigation into assets and individuals based in New Zealand, a country that counts China as …

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Sean Keane: Kiwi general election enters final straight with market clearly favouring 3rd term for the government

Would-be Kiwi politician Kim Dotcom’s “moment of truth” passed with some concerning (but not unexpected) revelations about government spying activity in New Zealand. Despite the heavy press presence and the rather dramatic way in which the “evidence” was unveiled, there didn’t appear to be much that would have surprised the Prime Minister, or which will hurt him in the last …

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Michael Bassett: What a farce!

You have to feel sorry for John Key that he’s been subjected to so many off-stage alarums and excursions during this, the dirtiest election campaign of my lifetime. It started with Hager’s Dirty Tricks book, dropped close to the campaign, leaving insufficient time to check the details. Hager calculated on our media being sufficiently full of gullible journalists who would …

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