Wall Street declined as US House Speaker John Boehner renewed concern about the lack of progress in talks aimed at preventing US$600 billion in tax increases and spending cuts taking effect on January 1. “Unfortunately, the White House is so unserious about cutting spending that it appears willing to slow-walk our economy right up to the ‘fiscal cliff,'” Boehner told a …
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“As transparent a way as possible” – US Head TPP Negotiator
Chief US Negotiator Barbara Weisel confronted charges that the TPP negotiations are not transparent during Wednesday’s TPP press conference. write my paper “We all have done as much as we can to meet with the stakeholders and this includes not just meetings at the round, but regularly in our own capitals to try to ensure that the agreement we have achieved responds …
Read More »Smooth integration for Canada and Mexico into TPP negotiating process – Chief NZ Negotiator
Coming into the 15th negotiating round for TPP, attention was focused squarely on the two newest countries to join the negotiations – Canada & Mexico. Chief negotiator for New Zealand David Walker explained “We had two main objectives coming into this round – the first was to ensure the smooth integration of Canada and Mexico into the negotiation. We achieved …
Read More »Media’s Big Friday: APN profit downgrade, Scherer to leave Listener, The Nation continues! – more to come
REGIONAL publisher APN News & Media has spoilt the pre-Christmas party on the market for Australian publishing companies after unveiling a 10 per cent-plus profit downgrade yesterday. essay writer reviews That’s how The Australian headlined APN’s post market guidance last night that earnings before interest, tax, depreciation and amortisation would be $A150 million to $A155m. This figure is 11 per cent below …
Read More »MARKET CLOSE NZ stocks weak, but media shares jump and Fonterra units top $7
New Zealand shares fell as investors continued to take profits, foundation investors in Infratil reduced their holdings, and previously top 50 stocks prepared to leave the index. The NZX 50 fell 20.53 points, or 0.5 percent, to 3974.72. Within the index, 30 stocks fell, 11 rose and nine were unchanged. Turnover was $147.5 million. However, the newly tradable non-voting Fonterra …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »ERA decision picks $40k scab off Ports of Auckland
An Employment Relations Authority decision has whacked Ports of Auckland with a $40,000 fine for employing strike-breakers when its unionised workforce was picketing earlier this year. ERA member Anna Fitzgibbon yesterday found the port took a calculated risk in using an external contractor under the guise of a training programme while Maritime Union staff were on strike in February this …
Read More »Settle trans-Tasman tax credits once and for all, commissioners urge
The New Zealand and Australian governments should settle once and for all the long-running argument over the tax treatment of imputation credits, which currently penalises trans-Tasman investors, says a new report from the two country’s productivity commissions. write college essays for money The commissions suggest such a move could cost Australia as much as $1 billion a year in lost …
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