Agriculture outlook positive

Rabobank says New Zealand agriculture should benefit from continuing global economic recovery this year.

Coal deal challenges pledge

By COLIN ESPINER - The Press

Prime Minister John Key's insistence that New Zealand can close an income gap with Australia has been dealt a further blow, with the signing of an $85 billion deal to export coal to China.

Deutsche eyes NZ's Craigs Investments

By GARETH VAUGHAN - BusinessDay

Global giant Deutsche Bank is understood to be eyeing a slice of local share broking firm Craigs Investment Partners.

Warehouse seeks to raise $100m

By GARETH VAUGHAN - BusinessDay

The Warehouse says it will seek up to $100 million through a public debt offer.

NZX slips at open

NZPA

10:40am The New Zealand sharemarket dropped in early trading, with Contact Energy down 5c as it remained stuck in a narrow range after falling from a four-month high in early January.

More Business headlines

XT outage may affect Telecom earnings

Deposit scheme 'useless'

Lawyers lining up for Toyota pot shot

Business confidence easing, survey

IRD to appeal surgeon tax case

Can you make cents of our money quiz?

Monaco Village faces liquidation bid

RBNZ's rates view unchanged

Gough mines $63m deal

Genesis in drive for SI clients

More Business headlines

Indices

	VALUE
NZX50	3,077.707	-15.744	-0.51%
ASX200	4,521.350	7.300	0.20%
DOW	10,012.230	10.100	0.10%
NASDAQ	2,141.120	15.700	0.70%
FTSE	5,060.920	-78.400	-1.50%
NIKKEI	9,951.820	-105.300	-1.10%
H-SENG	19,550.890	-114.200	-0.60%
NZX50 20 min delay, others last close

Top Movers

	PRICE
LPL	0.200	-0.030	-13.04%
SPY	0.043	0.003	7.50%
RNS	0.220	-0.010	-4.35%
BRM	0.670	0.020	3.08%
HBY	1.600	-0.050	-3.03%
NEW	0.420	-0.010	-2.33%
SKL	0.470	0.010	2.17%
Price as at 11:11 am, 9 Feb

Currencies

RATE
Australian Dollar	0.792
Euro	0.500
British Pound	0.438
Hong Kong Dollar	5.303
Japanese Yen	60.840
Singapore Dollar	0.971
US Dollar	0.683
Price as at 11:10 am, 9 Feb

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Industries

Business confidence easing, survey

A new survey shows business confidence easing in the past month, but remaining firmly positive.

Monaco Village faces liquidation bid

A Nelson company that developed the $60 million Grand Mercure Nelson Monaco appears to have struck financial problems.

Student helps 'trim' manufacturer

World

Toyota prepares for Prius recall

Japanese carmaker Toyota Motor Corp said it was preparing a global recall of its new Prius model, risking a fresh dent to its battered reputation for quality and reliability.

Lawyers lining up for Toyota pot shot

Law firms across the United States are scrambling for a chance at the mother lode: a lawsuit against embattled, but cash-rich Toyota Motor Corp.

Boys' toys help Hasbro

Hasbro, the second biggest US toymaker, said its profit surged in the fourth quarter on sales of boys' action figures and other toys as well as strong licensing revenue.

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Market Data

Stocks to watch: Feb 9

The following stocks may be active on the New Zealand exchange after developments since the close of trading yesterday. All prices are in New Zealand dollars unless specified.

Dollar down ahead of Key speech

The New Zealand dollar opened locally a little softer ahead of Prime Minister John Key's opening statement to Parliament later today, in which he is set to partially unveil the Government's tax reform package.

Gold prices on the up

Greenback strength supports oil

Wall Street reverses early gains

The Dow industrials closed below 10,000 for the first time since November as investors sold bank shares due to heightened concerns about the euro zone's sovereign debt troubles.

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