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NZ dollar declines, trading in narrow range, ahead of key US jobs data

The New Zealand dollar declined after trading in a narrow range overnight as investors await the release of key US jobs data which was delayed by a partial government shutdown. The kiwi traded in a 64 basis point range overnight, slipping to 84.55 US cents at 8am in Wellington from 84.88 cents at the 5pm market close yesterday. The trade-weighted …

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While you were sleeping US jobs data awaited as Evans sees ‘tough call’ on tapering

The US dollar strengthened against the yen on speculation delayed September jobs data due on Tuesday will be strong enough to allow the Federal Reserve to contemplate tapering by year-end. Economists forecast that 180,000 jobs were created in September, according to a Reuters survey, from 169,000 a month earlier, while the unemployment rate remained at 7.3 percent. The greenback strengthened …

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China Business Summit: A Wake-Up Call – Overview

By Jan Bierman, Rare HQ The second China Business Summit, hosted by the Auckland Chamber of Commerce and NZ Inc Ltd, was held on the 16 October 2013, at the Langham Hotel, Auckland. The focus of this year’s summit was on how New Zealand can lift its game in the wake of the Fonterra botulism scare, and on the changing …

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Pengxin, Synlait founders make $85.7 mln offer to take over Synlait Farms

Shanghai Pengxin, which bought the Crafar family farms in a controversial deal last year, and the Synlait founders are offering $85.7 million to buy South Island dairy farmer Synlait Farms. SFL Holdings, a joint venture between Pengxin and Synlait Farms chief executive Juliet Maclean and director John Penno, is offering $2.10 a share to Synlait Farms investors in a full …

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Call to rein in ‘Brand NZ cowboys’

By Laura Walters To regain the confidence of Chinese consumers and regulators New Zealand needs to get rid of “corrupt cowboys” trading off Brand New Zealand, a communications expert says. Marco Marinkovich, head of communications agency Creative Bank, said New Zealand had a long way to go to restore trust in Brand NZ. Speaking about the fallout from the Fonterra …

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Charles Finny

Charles Finny Partner, Saunders Unsworth, Chair, Education New Zealand Biography Charles Finny is a Partner at the Wellington Government Relations company Saunders Unsworth. He is a former trade negotiator, diplomat and CEO of the Wellington Regional Chamber of Commerce. Charles has served overseas in Singapore, Beijing (Deputy HOM) and Taipei (HOM). He has been heavily involved in New Zealand’s GATT/WTO, …

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2013: Christopher Luxon

Christopher Luxon Chief Executive Officer, Air New Zealand Summary of presentation It was apparent from Christopher Luxon’s address that Air New Zealand are deeply cognisant of the role the company plays in impacting the Chinese market for New Zealand businesses. While “proud to be the national carrier,” Luxon emphasised the corresponding “huge responsibility” that comes with having New Zealand in …

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Charles Li

Dr Charles Li Chief Executive Officer, ANZ China (2011 – 2014) Biography Charles has many years banking experience in China and Europe, including Country Executive and Head of Global Banking Markets for The Royal Bank of Scotland (China) Co., Ltd (RBS). He has also held a variety of senior positions in economic research, strategy and business planning and integration. Prior …

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2013: Charles Li

Charles Li Chief Executive, Executive Director, ANZ China Summary of presentation China Business Summit Links Biography: Charles Li

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2013: Sir Graeme Harrison

Despite existing barriers, Sir Graham Harrison’s optimism for China as a burgeoning meat export market for New Zealand was ever-present throughout his address.

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