Institutional Investor (February Issue)
“Talk of currency wars is once again in the air, making foreign exchange potentially a major component of investment returns.” Last year, “the dollar underperformed all major currencies except the yen.” In 2013, the Norwegian krone, Australian dollar and New Zealand dollar are likely to benefit if the dollar’s slide continues.
Tags: Australia, Currency, Dollar, Forex, Investment, Krone, New Zealand, Norway, U.S., Yen
Wall Street Journal (May 28)
“It used to be said that when America sneezes, the world catches a cold.” Now, it’s China. “As the reality of slowing growth in China sets in—and with little help on the way from a still-sluggish America and a Europe in euro crisis—economies from South Korea down to New Zealand and Japan over to Thailand are starting to feel the effects. China’s flu is set to become the main preoccupation for policy doctors across the continent.”
Tags: China, Europe, Global economy, Japan, New Zealand, South Korea, Thailand, U.S.
New Zealand Herald (March 2)
While much of the world is fighting higher taxes, New Zealanders are open to a temporary tax to help fund the reconstruction of Christchurch. We “are prepared to be taxed for Christchurch’s sake. This is a rare sentiment in public opinion, but completely understandable after a disaster such as this. The rest of the country stands ready to help.”
Tags: Christchurch, Disaster, New Zealand, Tax
Bloomberg (February 23)
New Zealand’s deadly earthquake may be the most costly natural disaster to strike insurers since 2008. A JPMorgan Chase analyst has estimated insured losses at $12 billion, the most since a $19.9 billion loss from Hurricane Ike. The quake which rocked Christchurch, New Zealand’s second largest city, would also rank as the seventh most costly natural disaster insurers have faced since 1970.
New Zealand’s deadly earthquake may be the most costly natural disaster to strike insurers since 2008. A JPMorgan Chase analyst has estimated insured losses at $12 billion, the most since a $19.9 billion loss from Hurricane Ike. The quake which rocked Christchurch, New Zealand’s second largest city, would also rank as the seventh most costly natural disaster insurers have faced since 1970.
Tags: Earthquake, Insurers, Loss, Natural disaster, New Zealand
