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Praveen Menon

New Zealand's PM Ardern acts to tighten gun laws further, six months after attack

13 Sep 2019

WELLINGTON New Zealand's Prime Minister Jacinda Ardern introduced a new bill to parliament on Friday that aims to further tighten gun laws, as the country marks six months since the mass shooting in Christchurch that killed 51 Muslim worshippers. | Video

Fed's Daly says she's in a 'watch and see' mode on rates

29 Aug 2019

WELLINGTON, New Zealand San Francisco Federal Reserve President Mary Daly on Thursday said she is in a "watch and see" mode as she assesses the need for another U.S. interest-rate cut for an economy that has "strong" momentum but faces headwinds from uncertainty and a global growth slowdown.

Fed's Daly says she's in a 'watch and see' mode on rates

29 Aug 2019

WELLINGTON, New Zealand San Francisco Federal Reserve President Mary Daly on Thursday said she is in a "watch and see" mode as she assesses the need for another U.S. interest-rate cut for an economy that has "strong" momentum but faces headwinds from uncertainty and a global growth slowdown.

UPDATE 1-Fed's Daly says she's in a 'watch and see' mode on rates

29 Aug 2019

WELLINGTON, New Zealand, Aug 29 San Francisco Federal Reserve President Mary Daly on Thursday said she is in a "watch and see" mode as she assesses the need for another U.S. interest-rate cut for an economy that has "strong" momentum but faces headwinds from uncertainty and a global growth slowdown.

Fed's Daly says she's in a 'watch and see' mode on rates

29 Aug 2019

WELLINGTON, New Zealand, Aug 29 San Francisco Federal Reserve President Mary Daly on Thursday said she is in a "watch and see" mode as she assesses the need for another U.S. interest-rate cut, but said she believes acting early is better than waiting too long.

UPDATE 2-Air New Zealand eyes further cost savings as profits dip 31%

22 Aug 2019

* FY 2020 earnings forecast NZ$350 mln to NZ$450 mln (Adds share price, CEO comments, bullet points)

In New Zealand, young Māori women lead the battle for indigenous rights

11 Aug 2019

AUCKLAND/WELLINGTON Five years ago, law graduate Pania Newton and her cousins got together around a kitchen table and agreed to do everything in their power to prevent a housing development on a south Auckland site considered sacred by local Māori.

New Zealand could cut rates again, won't rule out negative rates - central bank assistant governor

08 Aug 2019

WELLINGTON New Zealand's central bank could ease rates again, the assistant governor said on Thursday, a day after the bank stunned markets with a steep 50 basis-point cut to the official cash rate (OCR) and flagged the risk of negative rates to fight slowing growth.

New Zealand's central bank stuns as bold 50bp rate cut bowls over kiwi dollar

07 Aug 2019

WELLINGTON New Zealand's central bank stunned markets on Wednesday by cutting interest rates a steep 50 basis points and even flagged the risk of going nuclear by taking rates below zero, a radical shift that drove its currency to three-and-a-half year lows.

New Zealand to decriminalize abortion laws, critics say bill falls short

05 Aug 2019

WELLINGTON New Zealand plans to decriminalize abortion and treat it is as a health issue, the government said on Monday in the first major reform to abortion laws in more than four decades that some activists said fell short of expectations.

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