New Zealand business sentiment climbs in August

Note: This section contains information in English only.
Source: RTTNews
New Zealand business confidence advanced in August amid strong residential investment intentions, the National Bank of New Zealand said on Thursday. The business sentiment surged to 19.5, compared to 15.1 in July. Meanwhile, firms' activity expectations rose to 26.4 from 24 in previous month. Inflation expectations showed optimism, down to 2.3%, the least since November 1999.
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Thu, 30 Aug 2012 14:33:12 GMT

Australia business investment surges on mining

Australia's business investment posted more-than-estimated rise in Q2 as investment increase in mining set off decrease in the manufacturing and other areas. Total new capital growth rose 3.4% on quarter in Q2, the Australian Bureau of Statistics said on Thursday. Business investment also posted a 27.4% climb on year in Q2.

Thu, 30 Aug 2012 15:08:14 GMT

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