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Government updates rules on what can be sent into space
Cabinet has agreed to updated rules around what can be launched into space from this country and banned payloads including those contributing to nuclear weapons programmes or any that support military operations ''contrary to Government... [...]
NZ dollar stalled as Aussie rate outlook offsets improved business sentiment
The New Zealand dollar remained trapped in a tight trading range as increasing expectations the Reserve Bank of Australia will cut interest rates in February offset improving business confidence on this side of the Tasman.The [...]
Global stocks hit fresh high as rally stretches to fourth day
US stocks rallied Monday, rising with European and several Asian markets following surprisingly strong reports on China's economy. Growth in factory activity and retail sales in the world's second-largest economy both beat analysts'... Source: NZ [...]
NZ shares dip as NZX outage stops trading early
New Zealand shares were slightly weaker when trading ended early yesterday as the stock market operator dealt with connectivity issues.The S&P/NZX 50 Index decreased 14.76 points, or 0.1 per cent, to 11,226.83. Within the index,... [...]
Meridian, Contact accused of $60m power market abuse
Contact Energy and Meridian Energy have been accused of extracting more than $60 million from consumers by over-charging for their electricity while spilling water from their South Island dams.Haast Energy Trading has complained... Source: NZ [...]