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Business 10 Nov 2005 | 12:00 AM

New Zealand unemployment rate hits 23-year low

WELLINGTON, New Zealand: New Zealand's unemployment rate fell to a 23-year low in the third quarter as the number of people with jobs rose to the highest level ever, official data showed Thursday.

Business 08 Nov 2005 | 12:00 AM

New Zealand wage inflation hits record high

WELLINGTON, New Zealand: Wage inflation hit a record high in New Zealand in the three months that ended Sept. 30, according to official data released Tuesday, boosting expectations that the central bank may raise interest rates again next month.

Business 08 Nov 2005 | 12:00 AM

RBA projects relatively modest rise in inflation over coming year

Australia's central bank believes the underlying inflation in the country is likely to increase gradually over the coming year.

Business 08 Nov 2005 | 12:00 AM

NZ stocks rise Tuesday on thin trading

WELLINGTON, New Zealand: New Zealand stocks rose on thin trading Tuesday as investors remained cautious after fresh signs the nation's central bank may lift its key interest rate next month.

Business 07 Nov 2005 | 12:00 AM

Australia's central bank could raise interest rates

SYDNEY, Australia: Australia's central bank said Wednesday it could adjust interest rates to fight off rising inflation sparked by high oil prices.

Business 07 Nov 2005 | 12:00 AM

Rising but volatile trade in Australia

AUSTRALIAN share prices are expected to continue rising this week but trade could prove volatile with investors careful over their choice of stock, dealers said last Friday

Business 27 Oct 2005 | 12:00 AM

New Zealand central bank raises benchmark interest rate

WELLINGTON, New Zealand:: New Zealand's Reserve Bank on Thursday raised its benchmark cash rate by 0.25 percent to 7 percent in a move aimed at cooling inflation and warned further rises may follow.

Business 20 Sep 2005 | 12:00 AM

India's stock market regulator watching share boom

Regulators are tightening their oversight of the Indian stock market following its spectacular surge in recent months, newspapers reported Tuesday.

Business 15 Sep 2005 | 12:00 AM

Money market

Business 05 Sep 2005 | 12:00 AM

As Katrina's aftermath worsens, all bets are off on Wall Street

In the aftermath of Hurricane Katrina, investors trying to figure out where Wall Street is headed are likely to find it's an impossible task.