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May 26, 2017

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Business > Asia > New Zealand
New Zealand on Thursday unveiled a tax-cutting election-year budget that the ruling National Party said will help families as it looks to win a record fourth consecutive term in power.
 
New Zealand, China discuss free trade
New Zealand and China announced Monday they would open talks soon to expand a successful free-trade deal in place for nearly a decade.
 
China's Premier Li arrives in New Zealand for talks
China's premier has arrived in New Zealand for high-level talks at a time that both countries are pushing to expand free trade.
 
New Zealand's central bank left its base rate at a record low of 1.75 percent Thursday and said it was set to remain there for the long term if inflation remains on target.
 
New Zealand's strong economic growth is placing strains on the environment that threaten to undermine its "clean, green" reputation, the Organisation for Economic Co-operation and Development (OECD) warned Tuesday.
 
New Zealand's economy grew at a brisk rate of 1.1 percent in the September quarter as people spent more on traveling, eating out and recreation.
 
The world's first pizza drone delivery was claimed on Wednesday by the New Zealand division of fast food giant Domino's, as it looks to grab a slice of a potentially hot future market.
 
New Zealand's competition watchdog indicated Tuesday it will reject a proposed merger between the country's two largest media companies, saying the plan would reduce competition and stifle news coverage.
 
New Zealand economy milks clamor for Middle Earth
Peter Jackson's "Lord of The Rings" and "Hobbit" series have proved to be as precious to New Zealand's economy as any magical ring as millions flock to the country for a glimpse of Middle Earth, making tourism the main driver of growth.
 
New Zealand's central bank left interest rates at a record low of 2.0 percent Thursday but warned more cuts were likely.
 
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