Tag: New Zealand
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China’s slowdown pushes New Zealand exporters to diversify away from their top buyer, RBNZ official tells CNBC
New Zealand exporters are diverting shipments bound for China to new markets, as demand from the country’s top buyer cools, a central bank official tells CNBC.
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The travel shoulder season is shrinking — and so are the savings
Traveling during the shoulder season has traditionally been a reliable way to save money in many destinations. But those savings are dwindling.
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New Zealand blocks lawsuits against firms over climate harm
WELLINGTON: New Zealand has passed hotly contested legislation to block lawsuits that seek to hold companies liable for climate change harm.The right-wing coalition government’s legal amendment cleared a final hurdle in parliament on Tuesday (Aug 18) night by a margin of 67 votes to 53.The law aims to
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Here’s the best place to hedge severe El Niño shocks to the food supply chain, BofA says
One country appears to be the best place to hedge market impact from severe El Niño shocks to global food supply chains, according to Bank of America.
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New Zealand’s Luxon survives party vote, but challenge exposes cracks ahead of election
WELLINGTON: New Zealand Prime Minister Christopher Luxon survived a confidence vote by National Party lawmakers on Wednesday (Aug 12), but the second challenge this year laid bare party divisions that commentators said could dent his authority less than three months before a Nov 7 election.Luxon convened Nati
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New Zealand’s Luxon survives confidence vote after more leadership speculation
WELLINGTON: New Zealand Prime Minister Christopher Luxon said on Wednesday (Aug 12) he had won a confidence vote of ruling party lawmakers, after he called a meeting to address increased speculation about his leadership months away from a general election.Luxon, who also survived a confidence vote in April, h
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Antarctic cold snap sweeps New Zealand’s South Island, shuts roads and schools
SYDNEY: An Antarctic polar blast swept across parts of New Zealand’s South Island on Tuesday (Aug 4), bringing snow to sea level and icy temperatures that forced road closures and disrupted schools.Snow blanketed Dunedin, the South Island’s second-largest city, prompting police to urge residents to avoid trav
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New Zealand foreign minister in racism row with Chinese ambassador
WELLINGTON: New Zealand’s top diplomat Winston Peters drew the ire of Beijing’s ambassador in Wellington on Thursday (Jul 30) after telling a lawmaker of Chinese descent to “go back to your own country”.During a debate about New Zealand’s response to the Covid pandemic on Wednesday, populist NZ First leader P
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New Zealand confirms first H5N1 bird flu case in native bird
New Zealand detected on Friday (Jul 17) the first infection of a native bird by the deadly H5N1 bird flu, days after confirming a migratory seabird had tested positive in the country’s first recorded case of the disease.
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