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Day 2: A crash course in Chinese Business

“You have to remember, Beijing has the population of Australia crammed into a space the size of Sydney.” Monday morning in Beijing today brought with it the beginning of the business program here in China. First stop for the day: Mahon Investments to visit David Mahon and Charlie Gao for a briefing. Both have vast experience with China and offered …

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Conditions ripe for rental boom, says Trade Me

The supply of rental properties nationwide continues to outpace demand, Trade Me Property reported today in their analysis of 2012’s final quarter. critical essay definition However, the property listing service suggested some potential home buyers may be driven into the rental market as the supply of properties for sale flattens out. Trade Me Property compares the numbers of properties listed …

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Shoppers spend more on electronic cards in December

Christmas shoppers used plastic cards to spend up on pretty much everything except fuel, according to Statistics New Zealand. The value of electronic card spending in retail industries rose 0.3 percent in December from November. It was the third consecutive monthly increase. The value of total electronic card transactions rose by 0.4 percent in December. The data suggested a more …

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Canterbury stars in employment survey

Canterbury stands out in the latest Westpac McDermott Miller employment confidence survey, in which confidence overall stalled. The Westpac McDermott Miller Employment Confidence Index rose to 99.1 in the December 2012 quarter from 98.9 in the September quarter. Canterbury registered an index of 113.5, up from 110.9, and the highest of the regions surveyed. “Employment confidence in Canterbury has risen …

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NZOG’s first well outside NZ to spud in late Jan

ew Zealand Oil & Gas’s pursuit of a more diversified global portfolio will take an important step with the spudding of the Parit Minyak-2 well onshore in Sumatra, Indonesia in a little under a fortnight. NZOG has a 22.5 percent interest in the Kisaran block, in the prolifically productive central Sumatran region. The planned well, to which NZOG will contribute …

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Allan Hubbard misled investors – Sir John Anderson’s suppressed 2011 report

Former National Bank chairman John Anderson concluded Timaru businessman Allan Hubbard had misled investors in his tangled affairs, in a report written shortly before Hubbard’s death in a car accident in September 2011. The report by Anderson and Deloitte insolvency specialist Rod Pardington has been released after a 16 month wait that included an appeal to the Ombudsman’s Office, which …

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Frigid start to John Key’s year – Antarctica bound

Prime Minister John Key will visit Antarctica from 17 to 21 January to highlight New Zealand’s interests and activities in Antarctica and the Southern Ocean. Key will visit New Zealand science and environmental management programmes, view New Zealand’s historic hut conservation projects, and participate in a ceremony celebrating the installation of Maori artwork at Scott Base. “New Zealand has a history of ground-breaking exploration, scientific …

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World Week Ahead US bank earnings in focus

US fourth-quarter earnings season picks up speed in the coming days with some of the major banks reporting. A slew of banks are set to report this week, including Goldman Sachs, JPMorgan Chase, Bank of America, Citigroup and Morgan Stanley. Earnings for financial companies in the S&P 500 grew 16 percent in the fourth-quarter, according to data compiled by Bloomberg. …

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ANZ Morning Brief: Blue skies ahead?

BLUE SKIES AHEAD? Markets have started the year on a reasonably positive note. Linked to this are positive signs from China , the side-stepping of the US fiscal crevasse, with the Japanese government announcing ¥10.3tr in stimulus measures thrown in for good measure. There are casualties from this financial market exuberance and we sympathise with NZ exporters battling the high NZD. …

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Day 1: Welcome to Beijing

On the Road is a daily blog kept by Alexander Speirs documenting NZ Inc’s January 2013 research visit to China, Hong Kong and South Korea.  persuasive essays on abortion Well, we’re finally here. Following a long day on the road, Fran and I have safely made it to our hotel in Beijing. If you’ve seen the news in the past …

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