Recent Posts

NZ dollar strong as Fed targets jobs, climbs to 4-year high vs. yen

The New Zealand dollar rose to a four-year high against the yen after the US Federal Reserve cranked up its money printing presses, heightening the appeal of countries offering high interest rates, and as Japan’s general election looks set to usher in a new government. The kiwi rose to 70.50 yen from 69.32 yen yesterday, the first time it’s climbed …

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NZ to lead global research on methane gas emissions

New Zealand is leveraging its understanding of methane emissions from farm animals to lead global research on reducing the powerful, but short-lived gas’s production. Climate Change Minister Tim Groser says the project is a workstream in a project being taken on by the newly formed Climate and Clean Air Coalition (CCAC), which New Zealand is joining. Some 34 percent of …

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NZ consumer confidence edges up in December as outlook brightens

New Zealand consumer confidence edged up in December from November, with more kiwis expecting their families to be better off in a year’s time and the nation to have better times over the next five years. The ANZ-Roy Morgan Consumer Confidence rose to 114.7 this month from 114.1 in November. A reading above 100 indicates there are more optimists than …

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