Charles Hudson Venture Partner SoftTech VC An active seed stage investor focusing on Web 2.0 startups, Charles Hudson has focused his recent attention on mobile and gaming investments in addition to his work as Venture Partner at SoftTech VC. Prior to joining SoftTech, Hudson was vice-President at Business Development for Serious Business, a company acquired by major internet players …
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NZ dollar reaches new 9-mth high as Fed extend QE, ties low rates to unemployment
The New Zealand dollar rose to a new 9-month high after the Federal Reserve extended its quantitative easing programme and tied the end of record low interest rates to a targeted drop in unemployment. The kiwi dollar rose to 84.51 US cents from 83.90 cents at 5pm yesterday, the highest since it reached 84.71 cents on Feb. 29. The trade-weighted …
Read More »ANZ Morning Brief: This morning was all about the US Federal Reserve and it duly delivered.
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 …
Read More »While you were sleeping Fed comes to the rescue
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, …
Read More »While you were sleeping Fed comes to the rescue
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. …
Read More »GOAP – Andy Hamilton – The Icehouse
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.
Read More »NZ Super Fund excludes 3 Israeli firms on ethical grounds
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 …
Read More »NZ dollar rises toward 84 US cts on prospect of more Fed easing
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 …
Read More »Tech sector vital in trade talks
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 …
Read More »Port of Tauranga spends $34M on log marshaling business
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 …
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