This blog was dedicated to the monitoring of latest developments in Central, Regional and Local politics from its base in New Zealand's capital city, Wellington. The blog was run by a team with unique insights into latest developments. The Hive was not politically aligned, but did support policy that was best for the growth of business and the economy. Given the obvious interest from our readership The Hive from time to time delved into the politics of other countries or regions.
Sep 30, 2008
NZX Down Over 4%
Reaction to the news out of Europe and the US has seen a sharp fall on the New Zealand Exchange also, with the NZX 50 currently down 4.32% to 3,056. Things seemed to have plateaued. The initial fall was greater.