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MARKET CLOSE: NZ Shares fall, led by Air NZ and SkyCity
Written by Jason Krupp   
Wednesday, 08 September 2010

(BusinessDesk) – New Zealand shares ended a five day winning streak as a combination of global uncertainty and the fallout from the Christchurch earthquake kept investors on the sidelines. Air New Zealand Ltd. and SkyCity Entertainment Group led the bourse lower after the stocks went ex-dividend.
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Christchurch earthquake a 0.5% drag on economy, Whitehead says
Written by Paul McBeth   
Wednesday, 08 September 2010

(BusinessDesk) – The 7.1 magnitude earthquake in Christchurch will wipe about 0.5% from third-quarter gross domestic product, according to the Treasury Secretary John Whitehead.

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TrustPower mulls $100 mln retail bond offer
Written by Paul McBeth   
Tuesday, 07 September 2010

(BusinessDesk) – TrustPower Ltd., the Infratil-controlled electricity generator, is mulling a retail bond offer to help repay bank debt and push out its maturity profile.

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