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New Zealand News

Dementieva wins first round at ASB Classic in New Zealand (Canadian Press via Yahoo! News)
Tue, 06 Jan 2009 14:29:00 GMT
AUCKLAND, New Zealand - Top-seeded Elena Dementieva beat Taiwan's Chan Yung-jan 7-5, 6-3 Tuesday to progress to the second round of the ASB Classic women's tennis tournament.

New Zealand Annual Trade Deficit Narrows to NZ$5.16 Billion (Bloomberg)
Tue, 06 Jan 2009 21:58:44 GMT
Jan. 7 (Bloomberg) -- New Zealand’s annual trade deficit unexpectedly narrowed in November as a domestic recession curbed demand for imports.

New Zealand Insurers May Increase Premiums 10%, Dominion Says (Bloomberg)
Tue, 06 Jan 2009 21:28:37 GMT
Jan. 7 (Bloomberg) -- New Zealand insurers may raise premiums as much as 10 percent this year to maintain earnings, the Dominion Post reported, citing the Insurance Council.

New Zealand November Trade Deficit Hits NZ$520 Million (Nasdaq)
Tue, 06 Jan 2009 23:08:26 GMT
(RTTNews) - New Zealand posted a trade deficit in November 2009 of NZ$520 million, according to data published Wednesday by Statistics NZ. The figure marked 14.1 percent of the value of exports, which Statistics NZ said was the smallest November deficit since 2001.

New Zealand Opens Marginally Higher On Wall Street's Modest Overnight Gains (Nasdaq)
Tue, 06 Jan 2009 22:07:41 GMT
(RTTNews) - The New Zealand stock market opened marginally higher on Wednesday, following modest gains made overnight on Wall Street.

Mixed Opens Expected For New Zealand, Australia Stocks (Nasdaq)
Tue, 06 Jan 2009 21:07:33 GMT
(RTTNews) - Mixed opens are expected for the New Zealand and Australia stock markets on Wednesday, following modest gains overnight on Wall Street. On Tuesday, the New Zealand sharemarket finished higher for a third straight day.

New Zealand’s Consumer Spending Rises on Post-Christmas Sales (Bloomberg)
Tue, 06 Jan 2009 07:34:38 GMT
Jan. 6 (Bloomberg) -- New Zealand’s consumer spending rose in December from a year earlier after a surge in transactions in the final week of the month as retailers slashed prices to attract customers.

New Zealand November Merchandise Trade Deficit NZ$520 Million (Nasdaq)
Tue, 06 Jan 2009 23:23:22 GMT
(RTTNews) - New Zealand posted a trade deficit in November 2008 of NZ$520 million, according to data published Wednesday by Statistics NZ. The figure marked 14.1 percent of the value of exports, which Statistics NZ said was the smallest November deficit since 2001.

ShareChat News: Stocks to Watch: New Zealand Equity Preview (ShareChat)
Tue, 06 Jan 2009 21:41:03 GMT
The following stocks may be active on the New Zealand exchange after developments since the close of trading yesterday. Themes of the day: Government figures today may show the trade deficit narrowed in November to NZ$830 million, for an annual gap of NZ$5.5 billion.

Warehouse Sales Fall 2.5% Amid New Zealand Recession (Update3) (Bloomberg)
Tue, 06 Jan 2009 04:18:52 GMT
Jan. 6 (Bloomberg) -- Warehouse Group Ltd. , New Zealand’s biggest discount retailer, said sales fell 2.5 percent in the 10 weeks ended Jan. 4 as a recession tightens household budgets.

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