Lion Man’s Zion Wildlife Gardens sent to receiver

Posted on : 25-07-2011 | By : Andrew Miller | In : Financial News

Tags: Receiver, Wildlife Gardens, Zion Wildlife, Zion Wildlife Gardens

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July 26 – Zion Wildlife Gardens Ltd. h

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World Week Ahead: Debt-defying debacle

Posted on : 23-07-2011 | By : Andrew Miller | In : Financial News

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It really shouldn’t come as a surprise to anyone but American policymakers are running into the debt ceiling deadline, and there’s suddenly a sense of urgency to do the right thing.

The objective is to reach an agreement, at least of some sort, before Asian markets open for the week. Without an accord, the uncertainty of what will happen in the U.S. will leave investors surging to the sidelines.

“Who knows where that is going to go,” Nick Kalivas, an analyst at MF Global in Chicago, told Reuters. “We’re

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Tug of War: Growth vs. Inflation

Posted on : 22-07-2011 | By : Andrew Miller | In : Financial News

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FXstreet.com’s analyst Valeria Bednarik says in the article below that the UK “monetary independence is both a blessing and a curse”, good point given the problems over the Eurozone periphery. It seems to be accepted by the market that the BoE is focused on inflation and not the recovery, as the BoE´s governor Mervyn King and Chancellor George Osborne have been busy these last six months. 

Looking at the numbers, year-over-year inflation was up around 4.2% in June, leading to speculation of a rate hike which could threaten the economic recovery, as growth remains stagnant with the quarterly GDP at mere 0.5% in Q1.

What happened during the first half of 2011? T Read more…

Innovation Key In Poor Economy

Posted on : 22-07-2011 | By : Andrew Miller | In : Financial News

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A few years ago, Denis Place and his two partners left their jobs at Suss MicroTec to launch their own business. Read more…

FX Analysis – EU Summit Offers Euro Hope!

Posted on : 22-07-2011 | By : Andrew Miller | In : Financial News

Tags: Euro, Summit Offers

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Eurozone leaders yesterday put forward a plan to provide 159 Billion Euros in new aid for debt ridden Greece, including an agreement with bondholders to exchange and buy back debt. There is some concern that such an action may be considered a technical default by credit rating agencies.

The EFSF has been given the ability to purchase government bonds, whilst providing loans to struggling countries. Although this is a significant move in the right direction, the fact that the authorities failed to increase the size of the EFSF has experts concerned over their ability to cover other peripheral nations.

In early trade CDS on Greek debt declined by a massive 500bps to a six week low, although the Euro was unable to break higher than the 1.44374, and has subsequently experienced some selling pressures. Read more…

Crack A Cold One… With Your iPhone

Posted on : 21-07-2011 | By : Andrew Miller | In : Financial News

Tags: Iphone

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If youre a beer enthusiast with an iPhone, Opena has created a unique phone case you will love. All you need to do is slide out the bottle cap opener and — pop — your beer is ready to drink, reports Inventor Spot.

Now, thanks to some enterprising young beer-swillers from Down Under, you can open your bottled beer with the same iPhone that you used to get to your destination station. The Opena iPhone case makes it easy to remove bottle caps from bottles, beer bottles specifically, with a sliding, stainless steel bottle opener.

Those of you more cynical martini types will likely ask, But what about the beer that gets all shaken up before being opened? Won

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MARKET CLOSE: NZ stocks rise; Methven leads gainers

Posted on : 19-07-2011 | By : Andrew Miller | In : Financial News

Tags: Gainers, Leads Gainers

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New Zealand stocks rose, with Methven Ltd. leading gainers on the exchange after forecasting a 90% increase in profit in the coming year, while Heartland New Zealand Ltd. fell.

The NZX 50 Index rose 26.02 points, or 0.8%, to 3,447.36. Within the index, 31 stocks rose, 12 fell, and seven were unchanged. Turnover was $97.2 million. On the week, the index rose 1.2%.

Methven, the tapware manufacturer, rose 6.8% to $1.57 after it said it expected to make a $9 million profit for the year ending March 2012, while net debt will drop 20%.

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