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Rural News

90 seconds at 9 am: Reality checks

22 May 13, 8:59am, David Chaston
Fed signals watched closely; Dow at new record; OECD eeks out growth; AU coal in trouble; AU Govt hard choices; NZ$1 = US$0.816 TWI = 76.9

90 seconds at 9 am: Trade tension

21 May 13, 8:43am, David Chaston
EU tackles China mobile companies, solar panel makers, oil traders; gold and silver recover; NZ$1 = US$0.818 TWI = 77.0

Key sees haircuts for Solid Energy's banks

20 May 13, 4:47pm, Bernard Hickey
PM Key downbeat on 'broken' Solid Energy's future after KordaMentha report arrives; says it probably has no equity and he expects banks will have to take haircuts on NZ$389 mln of debt

90 seconds at 9 am: Americans confident

20 May 13, 8:51am, David Chaston
Bernanke upbeat; US consumers confident; China's house prices rise; Aussie home loan war; China buying local electricity systems; NZ$1 = US$0.806 TWI = 76.3

S&P may cut TSB, Co-op, Heartland ratings

Updated 17 May 13, 8:03am, Bernard Hickey
S&P warns it may cut credit ratings of TSB Bank, Co-op Bank, Heartland Bank and 5 credit unions by 1 or 2 notches; cites NZ's 'economic vulnerabilities' and risk of housing slump 

90 seconds at 9 am: Downgrades coming ?

17 May 13, 8:48am, David Chaston
S&P concerned about smaller NZ banks and housing risks; US economy slowing, inflation vanishes; Japan growth shines; NZ$1 = US$0.818 TWI = 76.9

Purse strings loosened in Budget 2013

16 May 13, 8:24am, Bernard Hickey
Bill English set to deliver budget with around NZ$800 million of discretionary net new spending as firmer economy gives Govt more leeway 18 mths before election; Meridian float?

90 seconds at 9 am: Sinking data

16 May 13, 8:44am, David Chaston
US factory prices and output sink; HSBC makes more cuts; EU deep in recession; China worried about jobless; NZ$1 = US$0.822 TWI = 77.3

90 seconds at 9 am: Market jungle juice

15 May 13, 8:47am, David Chaston
Big AU budget deficit, with spending cuts and tax increases; 'immense' China risk; investors chase yield; equities at new highs; NZ$1 = US$0.819 TWI = 77.0

90 seconds at 9 am: Diverging tracks

14 May 13, 8:44am, David Chaston
US retail sales better than expected; China's output stalls; Japan facing higher interest rates; Israel cuts to devalue its currency; NZ$1 = US$0.824 TWI = 77.2