ECONOMY

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New Zealand Economy Outperforms US, UK, Australia with 3.1% GDP Growth

New Zealand's economy grew 0.9 per cent in the fourth quarter of 2013 which indicates the programs of the government are working, according to Finance Minister Bill English. New figures released on March 19 showed that the country's GDP had increased to 0.9 per cent in December which total growth in a year to 3.1 per cent. Compared to the same quarter in 2012 which had an annual average growth of 2.7 per cent, New Zealand's GDP was 3.1per cent higher in the recent December quarter in 20...
A woman uses a mobile device while walking past a Telus store in Ottawa February 19, 2014. Canadian telecom companies have paid a combined C$5.27 billion ($4.78 billion), a record high amount, to secure licenses for prime airwaves on which they plan to bu

Canadian Wireless Carriers Hike Prices

With nary a competition in sight, Canada's big three wireless carriers have all raised prices for their monthly plans by $5 as well as on their discount brands Koodo, Fido and Virgin. All their base plans now cost the same.

New Zealand Dollar to Increase Weekly Due to Reserve Bank's Interest Rate Hike

The New Zealand dollar is expected to have a weekly gain of 0.9 per cent following the interest rate hike of the Reserve Bank. The Kiwi dollar rose to 85.39 U.S. cents as on March 14 as of 5pm in Wellington from a previous close of 84.55 cents. The Kiwi dollar rose to an 11-month high at 86.06 cents before trading at 85.23 cents by 8am on March 14. According to a BusinessDesk survey of 11 analysts, the Kiwi dollar is predicted to trade between 82.75 and 86.35 U.S. cents by the end of the week.

New Zealand Economy to Gain from China's Plan to Rebalance Economy

New Zealand's economy is expected to have significant gains due to big changes in China which will have a big impact to the island nation's future. According to reports, the Chinese government is resolving to rebalance its economy. China's Finance Minister Lou Jiwei announced that the country's economic growth target will remain at 7.5 per cent for 2014.Mr Jiwei said hitting the growth target does not matter since the government wants to see more of an increase in jobs growth.
A woman looks on in front of a giant screen showing the hours since Malaysia Airlines flight MH370 went missing and the number of passengers onboard, including 154 Chinese people, at a shopping mall, in Beijing March 10, 2014. The disappearance of a Malay

Malaysia Airlines Flight MH370: Conspiracy Theories Abound Missing Plane

Mystery continued to deepen surrounding the fate of the missing Malaysia Airlines Flight MH370 four days after it disappeared on the air with nary a hint of anything that could pinpoint to where it can possibly be right now. Sherlock Homes-conspiracy theorists have pounced on the incident.
A doctor conducts a thyroid examination on five-year-old girl as her older brother and a nurse take care of her at a clinic in temporary housing complex in Nihonmatsu, west of the tsunami-crippled Fukushima Daiichi nuclear power plant, Fukushima prefectur

Fukushima 3 Years After: Thyroid Cancer Cases Among Children Rising

Cases of thyroid cancer among children residing in Fukushima have grown steadily since the disastrous March 2011 incident. Citizens have all but lost hope and confidence in their government. And three years after, no one has been made accountable for the supposed worst nuclear disaster since the 1986 Chernobyl.
A relative (front) of a passenger of Malaysia Airlines flight MH370 cries as she walks past journalists at a hotel in Beijing March 9, 2014. The Malaysia Airlines Boeing 777-200ER aircraft carrying 227 passengers and 12 crew was presumed to have crashed o

Malaysia Airlines Flight MH370: Wife of Kiwi Passenger Prays for Miracle, Air New Zealand Still Believes in Safety Features of Boeing 777s

Paul Weeks was headed to Mongolia to pursue his "dream job" in what he believed will help him provide comfortably for his family. His wife Danica is praying for a miracle that could still come true. Mr Weeks is one of the 239 passengers now part of the missing Malaysia Airlines Flight MH370 that went out of the radar over the weekend and disappeared over the South China Sea.

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