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ALL EYES ON NEW RBNZ GOVERNOR WHEELER’S FIRST MPS. Roll on 9am with the Monetary Policy Statement likely to be one of stability.  While a cut is not impossible, and had it not been for a number of positive factors (including a pick up in activity in Christchurch and a solid bounce in Auckland housing activity) we’d probably be calling for one ourselves, it is …

When the Trans-Pacific Partnership talks were in Dallas, it was both inspiring and enlightening to be with a range of Asia-Pacific business representatives talking about the opportunities afforded to countries and companies through opening up trade and developing economic ties. Same thing in San Diego. Much of the media commentary detailed empirical examples of the benefits of trade and investment …

Celebrity American political consultant Karl Rove has reportedly been benched by Fox News after an abysmal performance at Election time. Rove was consistently wrong throughout the day in his predictions to the point where it may have cost him his job – for now at least.

Rumble Seat Columnist Dan Neil test drove all of this year’s hottest cars from the 2012 BMW 330i to the 2012 Porsche Panamera GTS. Here’s a look at those and the rest of the year’s most expensive, fastest, and coolest cars from around the world.

New Zealand shares fell, led by OceanaGold, after the gold miner sold shares at a discount to repay debt. Chorus halted its two-day, 18.5 percent slump driven by the threat of regulated prices. The NZX 50 Index fell 8.44 points, or 0.2 percent, to a two-week low close of 4007.24. Within the index, 19 stocks rose, 18 fell and 13 …

Investors in Hubbard Management Funds are likely to get their initial distributions in the first three months of next year after the High Court settled on how to split the funds. Justice Lester Chisholm has directed statutory managers Trevor Thornton, Richard Simpson and Graeme McGlinn of Grant Thornton to split HMF into two pools, the first being the principal amount …

The New Zealand dollar held its overnight gains in the local trading session as traders prepare for Reserve Bank governor Graeme Wheeler’s maiden monetary policy statement, where he’s expected to keep interest rates on hold. The kiwi traded at 82.47 US cents at 5pm in Wellington from 82.43 cents at 8am, up from 82.29 cents yesterday. The trade-weighted index increased …

A2 Corp, which markets milk products with a protein variant claimed to have health benefits, plans to raise $20 million in a placement in a bid to accelerate growth in its UK joint venture and Chinese infant formula businesses. The capital raise coincides with its three major shareholders selling down their stakes to boost liquidity to allow a shift to …

The volume of building activity recorded its biggest gain in 10 years in the third quarter, led by construction work in Canterbury and the upper North Island. Building activity rose 9.6 percent in the third quarter and was valued at $2.9 billion in unadjusted terms, according to Statistics New Zealand. Residential building work made up 56 percent of the total. …