Recent Posts

NZ dollar may gain vs. Australian on expectations of RBA rate cut

The New Zealand dollar may gain against its Australian counterpart if the Reserve Bank of Australia cuts interest rates as expected, as the resources boom slows across the Tasman and forces the regulator to reduce its yield advantage. The kiwi dollar increased to 78.78 Australian cents at 8am in Wellington from 78.68 cents yesterday, and advanced to 82.10 US cents …

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Chorus debt rating on review for possible cut following regulator’s draft price controls

Chorus’s Baa2 credit rating may be cut by Moody’s Investors Service after the Commerce Commission released a draft plan to curb prices the company can charge retailers to access its network. The review affects US$2 billion of debt. The regulator yesterday released a draft determination that would cut the price of Chorus’s basic service relating to the unbundled local copper …

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Face-to-Face: Viphan Leelachart

Face-to-Face is a new feature from newzealandinc.com where we sit down for a chat with visiting business leaders from around the globe. We find out a little about them and their business, why they’re in New Zealand and what’s on their mind. The first in our Face-to-Face series is Viphan Leelachart, visiting New Zealand as a part of the ASEAN …

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