Recent Posts

While you were sleeping: Panic seizes global markets

Wall Street pared losses, after plunging in the first 10 minutes of trading after Chinese stocks plummeted as investors rushed to the sidelines. “Anybody with a pulse was nervous when the market opened,” Michael James, managing director of equity trading at Wedbush Securities in Los Angeles, told Reuters. “The only thing that’s certain is the volatility is going to continue …

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Auckland Airport 'optimistic' on Chinese travel despite questions about economic growth

Auckland International Airport, the country”s biggest gateway, says it”s optimistic about demand from China, its fastest-growing source of passengers, even after weak manufacturing data sparked a global selloff in stocks and raised questions about growth in that economy. Passenger numbers from China soared 41 percent to 545,494 in the airport company”s latest year, while capacity on routes to China rose 38 …

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Keith Woodford: Fonterra and China

There is no escaping that Fonterra’s path forward has to be closely linked to China. No-one else needs and has the ability to pay for New Zealand milk in the quantities that we have available to supply. Whether that means we are over-exposed is a matter of perspective. But that perspective does not alter the reality that China is the …

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