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New Zealand

New Zealand economy faces long, slow grind, think tank says

New Zealand economy faces long, slow grind, think tank says Wellington  - The New Zealand economy, which has been in recession since early last year, faces a "long, slow grind" back to normality, the country's leading economic think tank said Tuesday.

"Several years of sub-trend growth lie ahead," the New Zealand Institute of Economic Research (NZIER) said in its latest quarterly predictions commentary.

Indian Test cricket stars to get warm-up games in New Zealand

New-Zealand-IndiaWellington, Mar. 2 : Six Indian Test specialists will get match practice over the next fortnight to prepare themselves for playing conditions in New Zealand.

Four first-class sides in New Zealand will have an Indian player for the next round of the State Championship on Friday, and two not.

The two other Indians will play the following week, for yet-to-be-determined teams.

To most people, that constitutes an uneven playing field, not to mention an undermining of the competition, but there were no complaints last night.

Mills says there is a nice feel to Kiwi squad on eve of one-dayers

Kyle-MillsNapier (New Zealand), Mar. 2 : New Zealand fast bowler Kyle Mills believes that there is a nice feel to the squad on the eve of the five one-day matches to be played against India.

Fresh from a two-week layoff due to an Achilles tendon injury, senior pacer Mills remarked at the depth emerging when players of the calibre of Scott Styris, James Franklin and Jeetan Patel can be overlooked for the one-day series.

"I didn''t play the Twenty20s but sitting back watching it I thought, `Man, this is a handy side we''ve got,"'' stuff. co. nz quoted Mills, as saying.

New Zealand finance company collapses, investors' money safe

New Zealand finance company collapses, investors' money safe Wellington - Another New Zealand finance company collapsed on Monday, but its 2,558 investors who had put in 70 million New Zealand dollars (34.3 million US dollars) of their savings are to get their money under a government guarantee introduced last year.

Investors in Mascot Finance, based in the South Island city of Timaru, are the first to benefit from the government's retail deposit guarantee scheme introduced after 25 finance companies, holding nearly 4 billion New Zealand dollars, collapsed last year.

India beat New Zealand in last hockey test. seal series

Auckland (New Zealand), Mar. 1: India won the fourth men''s hockey test 2-0 against New Zealand in Auckland today to secure the series by the same margin.

Second-half strikes by Sandeep Singh and Dilip Tirkey settled the issue a day after the teams fought out a 1-1 draw at the same venue in the third international.

They were perhaps fortunate not to be behind at half-time after the New Zealanders felt they should have had a goal two minutes before the interval.

New Zealand were instead awarded a stroke after the ball hit an Indian body, stopping a certain goal.

The Indians successfully appealed on the grounds that the ball had hit a New Zealand foot earlier.

More security for Indian team in New Zealand after bottle throwing incident

More security for Indian team in New Zealand after bottle throwing incidentWellington, Feb. 28: New Zealand Cricket (NZC) will increase on ground security for the upcoming one day matches against India, after a bottle was thrown onto the field during last night''s Twenty20 international in Wellington.

Play was halted briefly towards the end of the New Zealand innings after a plastic bottle was thrown from the crowd on to the ground close to Indian fast bowler Zaheer Khan.

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