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New Zealand`s economy News

Lord of the Rings

30 Oct 2016

Lord Of The Rings, Hobbit series proving precious to New Zealand`s economy

Peter Jackson`s "Lord Of The Rings" and "Hobbit" series have proved to be as precious to New Zealand`s economy as any magical ring as millions flock to the country for a glimpse of Middle Earth, making tourism the main driver of growth.

India's bad loans

12 May 2016

Skeletons in the closet: India bad loans getting messier

India's bad-loans problem looks much worse than lenders have been willing to acknowledge, heaping pressure on banks` profits and further tightening the screws on distressed debt that could be bigger than New Zealand`s USD 170 billion economy.

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