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Nz heading for interest rate increase?
New Zealand’s central bank will raise interest rates this year, most economists in a Bloomberg News survey said, after a report showed manufacturing and farming led the fastest quarterly growth in more than a year.
Fri, Jul 15, 2011
Australia plans $10 billion renewable energy investment
Australian taxpayers will front the bill for what will be the biggest single investment in renewable energy ever. During negotiations of a new carbon price and diversion away from renewable energy subsidies, interests groups led by the country’s Greens and rural independents ensured that a significant potion of the investment be made into clean energy projects.
Fri, Jul 15, 2011
Dubai property stocks rising again
Gains across property stocks led the Dubai Financial Market to rise the most in a week as traders look towards second-quarter earnings for direction.
Fri, Jul 15, 2011
Koreans to collaborate on olympic event hosting?
NORTH Korea would like to share some events in the 2018 Winter Olympics with South Korea, a North Korean sports official was quoted as saying yesterday.
Fri, Jul 15, 2011
Tourists go for cheap eastern european deals
According to HRS, the Hotel Portal’s Eastern European Hotel Price Radar, Eastern Europe’s capitals are attracting increasing numbers of tourists and although prices in some major cities have increased compared with last year, trips to capitals from Baku to Warsaw continue to be relatively cheap.
Fri, Jul 15, 2011
Denmark warned on government finances
Denmark needs to undertake significant efforts to reverse the deterioration of the government's structural financial position, Moody's said Tuesday in a credit analysis on the Scandinavian country.
Fri, Jul 15, 2011