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Morning Report for Wednesday 7 February 2018
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Top Stories for Wednesday 7 February 2018
6:00 AM.Stock market chaos expected to spill into NZ, Finance Minister Grant Robertson on global market dive, Taiwan earthquake: Buildings collapsed, casualties expected, Toxic foam: NZers must protect… Read more Audio
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Dow Jones volatile in Wall St turmoil
6:09 AM.The US stock markets have gyrating wildly today amid frantic trading on Wall Street. After opening down about 2 percent, shares rose briefly into positive territory before sinking again. The volatile… Read more Audio
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Taiwan earthquake: Hotel topples in magnitude 6.4 shake
6:15 AM.A magnitude-6.4 earthquake has rocked Taiwan's east coast, following a 'swarm' of 19 earthquakes over the past 48 hours. The US Geological Survey says it hit at a depth of 9.5km. There are reports of… Read more Audio
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Toxic foam: Poisoned firefighter warns NZers to get tested
6:16 AM.An Australian firefighter with toxic foam chemicals in his blood says people in New Zealand living on contaminated sites near air force bases need to be properly tested. Toxic firefighting foam was… Read more Audio
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A happy Waitangi Day at Ōrākei Domain
6:17 AM.As usual the focus on Waitangi Day was on Waitangi in the Far North, but events were held throughout New Zealand to mark the country's national day. In Auckland there were three main events at Hayman… Read more Audio
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Early Business News for 7 February 2018
6:20 AM.A brief update of movements in the financial sector. Audio
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European shares follow Wall St fall
6:35 AM.European shares hit their lowest level in six months today, following Wall Street's biggest one-day fall in six years. Markets editor for the Financial Times Michael Mackenzie joins Guyon Espiner with… Read more Audio
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Opposition sceptical of govt's 'big talk' at Waitangi
6:36 AM.Prime Minister Jacinda Ardern asked those at Waitangi to hold her to account, and already the Opposition is promising to do so. Ms Ardern wound up her five-day-visit to Northland on Tuesday, after… Read more Audio
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Business News for 7 February 2018
6:49 AM.News from the business sector, including a market report. Audio
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Stock market falls: 'We've been overdue for a correction'
7:10 AM.The wild swing in world stock markets has continued overnight. Wall St has been on a rollercoaster ride, attempting a fight back after suffering its biggest one-day fall since 2011. But the European… Read more Audio
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Grant Robertson discusses market dive, Waitangi, Māori
7:15 AM.The New Zealand stock market is about to open on Wednesday morning after being closed on Waitangi Day. It comes as global markets fluctuate wildly, with the European market hitting a six-month low and… Read more Audio
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Taiwan earthquake: Buildings collapsed, casualties expected
7:22 AM.A magnitude 6.4 earthquake has struck Taiwan's east coast. At least two buildings have collapsed, including the 300-room Marshal Hotel, which is resting precariously on one side and is tilted over a… Read more Audio
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Toxic Foam: NZers must protect themselves - Australian fireman
7:28 AM.An Australian firefighter with alarming levels of toxic foam chemicals in his blood says New Zealanders must take protecting their health into their own hands. This comes after an environmental… Read more Audio
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Markets dive: 'Watch US interest rates' - Bill English
7:37 AM.A wild day on US stock markets has caused ripples around the world as the panic spreads. The Dow Jones suffered its biggest ever daily points fall when the week began and world markets have followed… Read more Audio
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Trump's lawyers advise him not to speak to Mueller
7:38 AM.Lawyers for President Donald Trump are discouraging him from participating in a wide-ranging interview with special counsel Robert Mueller. This is at odds with comments made by President Trump last… Read more Audio
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Bathurst OIO refusal a concern - Straterra mining
7:50 AM.Mining industry body Straterra is concerned Land Information minister Eugenie Sage has set a precedent by blocking a mining company from buying land on the West Coast. Bathurst Resources owns the… Read more Audio
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Record numbers enjoy harmonious day at Waitangi
7:54 AM.Forty thousand people battled the scorching heat in Waitangi yesterday to make it to one of the biggest and busiest Waitangi Day commemorations ever. Carparks were overflowing and many market stalls… Read more Audio
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Taiwan quake: Rescuers hurry amid fears of major casualties
8:10 AM.Rescuers are freeing people from trapped buildings in the eastern Taiwanese city of Hualien, following a serious 6.4 magnitude earthquake on Wednesday morning (NZ time). A number of buildings have… Read more Audio
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Auckland Council promotes Waitakere walk despite rahui
8:18 AM.Auckland Council has been left red faced after promoting a Waitakere ranges track on social media despite the local iwi placing a rahui, or ban, on the area. A post on the council tourism body's… Read more Audio
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Toxic foam: 'Put people first' - Dr Rye Senjen
8:21 AM.An environmental group is lobbying for free blood tests for people possibly affected by chemicals found in firefighting foam used at Ohakea and Sanson airbases. Free tests are available but only for… Read more Audio
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Govt help for Māori: 'We'll know in the Budget' - Tamihere
8:26 AM.Forty thousand people battled the scorching heat in Waitangi yesterday to make it to one of the biggest and busiest Waitangi Day commemorations ever.
It was Jacinda Adern's first appearance as Prime… Read more Audio
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Markets Update for 7 February 2018
8:30 AM.A brief update of movements in the financial sector. Audio
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SpaceX launches Falcon Heavy
8:38 AM.Entrepreneur Elon Musk will attempt to launch the world's most powerful rocket today. The enormous Falcon Heavy rocket is designed to carry payloads of 64,000kg, which is double the lifting capacity… Read more Audio
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'Church should be involved in politics, not govt' - Rod Bower
8:45 AM.An Anglican priest from Australia who's been kicked out of parliament and arrested while chained to the gates of the Australian prime minister's official residence is in New Zealand on a talking tour.
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Gym-related ACC claims rise again
8:46 AM.There are renewed calls for the fitness industry to be regulated after the number of ACC gym related claims rose again last year. Nearly 53,000 claims were made last year, more than double the amount… Read more Audio
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Port Hills recovering slowly after 2017 fire
8:51 AM.Next week will mark one year since Christchurch's devastating Port Hills Fires began. The two suspicious blazes broke out on several kilometres apart on February 13 and burned uncontrolled for more… Read more Audio
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Former Waikato Bishop's Māori welcome into Church of England
8:55 AM.A former bishop of Waikato has just been welcomed into the Church of England in a ceremony with a Maori twist. Two Maori priests travelled all the way to England to help conduct Dr Helen-Ann Hartley's… Read more Audio