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GLOBAL MARKETS:  This morning was all about the US Federal Reserve and it duly delivered. The big change was a shift in the Fed’s communication strategy for it’s zero-interest rate policy, which is now dependent on the US unemployment rate falling below 6.5% (while inflation remains below 2.5%); from the Fed’s earlier mid-2015 forward guidance. The Fed also announced it would …

Wall Street advanced after Federal Reserve policy makers said they are extending and expanding their efforts to stimulate growth in the world’s largest economy. “The Committee remains concerned that, without sufficient policy accommodation, economic growth might not be strong enough to generate sustained improvement in labour market conditions,” according to a Fed statement following a two-day meeting of policy makers. “Furthermore, …

Wall Street advanced after Federal Reserve policy makers said they are extending and expanding their efforts to stimulate growth in the world’s largest economy. “The Committee remains concerned that, without sufficient policy accommodation, economic growth might not be strong enough to generate sustained improvement in labour market conditions,” according to a Fed statement following a two-day meeting of policy makers. …

essay writer Andrew Hamilton is the founding CEO of The ICEHOUSE and was lucky enough to join the team as Employee Number One back in 2001. He is director of eBus an ICEHOUSE Incubator alumni, focusing on Asian Media markets and BigLittleBang which creates a virtual world for 6-9 year olds to socialise and learn about music.

The $20 billion New Zealand Superannuation Fund has excluded three Israeli companies from its portfolio on ethical grounds because of their involvement in illegal settlements and the security wall. The fund’s investments in the firms were insubstantial. Some $9,744 was held in Africa Israel and its subsidiary Danya Cebus, which had been involved in building Israeli settlements in the Occupied …

The New Zealand dollar rose to a nine-month high as it looks to break 84 US cents with the US Federal Reserve set to review monetary policy amid expectations it will roll out the printing presses for a fourth time. The kiwi traded at 83.89 US cents at 5pm in Wellington from 83.83 cents at 8.30am and up 83.43 cents …

Getting along to the Trans Pacific Partnership stakeholders’ day was rather like being involved in a mad-cap version of speed-dating with less-than-optimal results. There were close on 80 presentations in four separate streams. All these in just over five hours with stakeholders and media zooming off like a giant locust swarm whenever word got out (usually via text) that someone …

Port of Tauranga, the country’s biggest export port, will spend $34 million on Mount Maunganui-based log marshalling and scaling business Quality Marshalling. The deal will take effect from February next year and immediately add to the port’s earnings, the company said in a statement. Quality Marshalling had revenue of $18 million in the 2012 year, and is privately owned by …

New Zealand guest nights rose in October, led by an increase in short-term stays by overseas visitors. essays writing service Total guest nights at short-term commercial accommodation rose 4.1 percent in October from September to 2.6 million, seasonally adjusted, according to Statistics New Zealand. Guest nights rose 3.3 percent from the same month of 2011. International visitor nights rose 10.3 …

The Reserve Bank has rejected submissions by Australian-owned banks operating in New Zealand for relief from new rules to guard against bank failures which will see them pay around $25 million in extra tax annually in this country. The concerns of the Australian banks are reported in the RBNZ’s response to submissions on the impact of new capital adequacy rules, …