New Zealand Finance Minister apologises for interest rate hike ...
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WELLINGTON : Finance Minister Michael Cullen apologised Wednesday for saying that the Reserve Bank had hiked it&#39;s key interest rate.
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Harare - A leading white Zimbabwean lawmaker on Thursday apologised to parliament for shoving a government minister during a parliamentary debate in May, as the house prepared to vote on whether or not to impose a prison sentence on him.
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Higher interest rates have knocked investors' confidence in putting their money into property, evidence suggests.
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OTTAWA (CP) - Prime Minister Paul Martin is putting the brakes on a big fat pay raise for MPs.
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The chancellor Alistair Darling has been met with a barrage of criticism after he delayed changes to capital gains tax.
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The Bank of Japan (BoJ) aims to raise interest rates gradually and as much as possible, even though inflation may turn negative again due to falling oil prices, BoJ governor Toshihiko Fukui said Thursday.
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Higher-than-forecast inflation and expectations of interest rate rises have sent New Zealand's currency to a 22-year high.
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Japanese Prime Minister Yasuo Fukuda apologized on Monday for his ruling party's handling of a public pensions crisis, after seeing his support ratings tumble in polls.
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Interest rates must be cut to avoid following the US into a slowdown, warns one MPC member
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ELEANOR HALL: During the Federal election campaign the Howard Government stressed that interest rates were more likely to rise under a Labor government than under the Coalition.
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The New Zealand dollar has hit its highest level this year, propelled by a dramatic dip in the US dollar. As the greenback slumped against most global currencies, the kiwi rose to 71.
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Hopes of a cut in interest rates were raised today, following the publication of the Bank of England&#39;s Monetary Policy Committee minutes.
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Consumers are feeling the pinch after five interest rate rises in less than a year, with a slowdown in the rampant housing market, ebbing consumer morale and a drop in retail sales, data show.
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Sir Bob Geldof on Friday slammed New Zealand&#039;s foreign aid contribution as &quot;pathetic&quot; and a &quot;disgrace&quot; &amp;#151; earning an immediate rebuke from the nation&#039;s foreign minister, who said the Irish rocker had his facts wrong.
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WASHINGTON (Dow Jones)--New Zealand Finance Minister Michael Cullen Sunday said one of the risks for the economy is a possible &quot;overshoot&quot; in monetary policy.
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LABOR has accused the Federal Government of engaging in reckless spending which could push up interest rates. The claim came as the International Monetary Fund (IMF) gave the Government and the Reserve Bank a glowing report card.
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Minister apologises for 'deeply regrettable' failure to declare tens of thousands of pounds