Voters cast their ballots in the Democratic primary in San

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Poll workers walk inside a polling station inside Forest Hill Clubhouse during the presidential primary election on Super Tuesday in San Francisco, California, U.S. March 3, 2020. REUTERS/Stephen Lam

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Asia sees first regional recession in 60 years

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The Asian Development Bank (ADB) says the Covid-19 pandemic has pulled the region’s developing economies into recession. It is the first time in six decades that “developing Asia” – a designation that includes 45 countries – has seen a regional slump. The ADB says developing Asia’s economy will shrink by 0.7% in 2020. But the […]
World News

Auckland Mayor Phil Goff to announce proposed rates rise details today

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Auckland Mayor Phil Goff will release the first draft of a new 10-year budget today, which could include a proposed rates rise of more than 3.5 per cent next year and water bills rising by 8 per cent. This would add about $80 a year to the average water bill of $996. Last week, Goff […]
World News

UK manufacturing ends longest decline since financial crisis: IHS Markit

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By David Milliken LONDON (Reuters) – Britain’s manufacturing sector emerged from its longest decline since the financial crisis last month, after a boost from December’s election result, though weak European demand and Brexit concerns muted the optimism, a survey showed on Monday. The IHS Markit/CIPS purchasing managers’ index (PMI) rose to the no-change level of […]