Surprise rate rise in New Zealand
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New Zealand's central bank unexpectedly raises interest rates to 8% sending the currency to a 22-year high.
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SHARES in grocery wholesaler Metcash Trading jumped 14.6 per cent yesterday as investors welcomed its surprise takeover bid for Foodland Associated&#39;s Australian operations.
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MUMBAI: The Reserve Bank of India surprised the market on Tuesday by raising the overnight benchmark repo rate by 25 basis points to 4.75 per cent, citing concerns about a rise in inflation in Asia&#39;s fourth-largest economy.
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New Zealand has revised its growth forecasts upwards as reports out showed the economy was withstanding the current downturn better than expected.
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The Australian dollar rose to its highest in 8 1/2 months against the US currency on speculation Reserve Bank of Australia Governor Ian Macfarlane will signal the bank intends to raise its key rate of interest.
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There is a "strong possibility" interest rates in the UK will rise in February, according to an overview business survey.
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By STEEMAN, Marta  Boom times are beginning for the dairy industry after a record payout was forecast yesterday that will boost Canterbury dairy farmer incomes by about $176 million next season.
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The sharemarket&#39;s benchmark index pushed to a fresh high today, as traders kept a close eye on the US presidential election. The benchmark NZSX-50 gross index moved up for the sixth day running, gaining 14.
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New-home sales surged unexpectedly in September, climbing 3.5%, as low mortgage rates attracted buyers, a government report showed Wednesday.
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Interest rates on short-term Treasury bills rose in auction yesterday to the highest levels since April.
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Sri Lanka's Central Bank has raised its key short-term interest rates in a bid to check galloping inflation fuelled by high oil prices.
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The Reserve Bank has raised the Official Cash Rate by a further 25 basis points, to 6.5 percent. It&#39;s the sixth rate rise this year, and matches market anticipations.
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A combination of robust economic performance and the expectation of higher interest rates sent the Canadian dollar surging this morning.
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Mortgage rates in the US increase, and short-term rates rise overseas.
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Strong performances my mobile phone and carpet stores have prompted a surprise rise in retail sales figures, and revived fears that interest rates may yet be raised again this year.
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Sri Lanka's central bank raises interest rates by half a percentage point, taking the financial markets by surprise.
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SYDNEY Australia &amp; New Zealand Banking Group said Tuesday that second-half profit rose 17 percent to a record after it bought New Zealand&#39;s biggest bank and raised lending to businesses as they increased investment.