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Investment welcome mat rolled out for Chinese Deputy Premier
Chinese Deputy Premier, Hui Liangyu, got concrete proof that Chinese investment in New Zealand is welcomed, with the signing of a memorandum of understanding in Wellington today.
![Outrage over trader who can't wait for recession [+ video]](/pf/resources/images/placeholders/placeholder_l.png?d=929)
Outrage over trader who can't wait for recession [+ video]
A British trader has sparked outrage by telling BBC news how he dreams of another recession because of the money he can make out of it.

Commonwealth rated worst home lender
Commonwealth Bank has been rated the worst of Australia's major home lenders, while the industry's smaller players remain the people's favourites.

Surplus still on if Asia stays clear of Euro, US trouble, says Key
Prime Minister John Key thinks the government will be able to stick to its surplus and debt tracks if Asian economies stay "de-coupled" from the economic turmoil in Europe and the United States.

World markets tumble on recession fears
A new report quashing hopes China's would pick up the slack from problems in the US and Europe has sent...

William Cohan: Trader's $2.8b loss punts Wall St back into regulators' jaws
The UBS rogue trader debacle shows how little banks have learned since the world financial crisis.

GDP growth tipped to have slowed, but then lift for rest of 2011
New Zealand's economy probably slowed from its surprisingly robust first-quarter pace in the second three months of 2011 as construction stayed weak and manufacturing continued to tread water.

'Need a miracle' - $2b rogue trader tells Facebook
Neighbours of suspected UBS rogue trader Kweku Adoboli had noticed that lately he was working much longer hours than usual ...

How could another rogue trader happen?
How could Kweku Adoboli have lost his bank $2 billion after all the previous trading scandals?

Bernard Hickey: How did Europe get in this mess?
Bernard Hickey with ten questions about the European debt mess and what it might mean for New Zealand.

Bollard tipped to lift rates this year, as inflation stirs
Reserve Bank Governor Alan Bollard is expected to keep the official cash rate unchanged next week while signalling the stimulus of a record-low OCR will be removed sooner rather than later as inflation pressures start to stir.

Crisis brings us closer, says EU president
Those who think that the Euro will disintegrate are not fully aware of the dynamics of the European Union, the EU Commission President Jose Manuel Barroso said in Auckland today.