Wellington - Three weeks from a general election, New Zealand's Labour-led coalition, which has governed for nine years, is headed for defeat at the hands of a conservative administration, according to an opinion poll published on Saturday.
The Fairfax Nielsen poll shows the opposition conservative National Party favoured by 51 per cent of committed voters, against 33 per cent for Labour.
Wellington - The New Zealand stock market bounced back by 1.6 per cent Friday in the wake of the recovery on Wall Street as investors snapped up bargains after share prices fell by 5 per cent the previous day.
But it was a nervous recovery, with the benchmark NZX 50 index losing ground in the afternoon after gaining more than 2 per cent in morning trading.
It ended the day 44 points up, or 1.59 per cent, on 2808.76.
Wellington - Three weeks from a general election, New Zealand's Labour-led coalition, which has governed for nine years, is headed for defeat at the hands of a conservative administration, according to an opinion poll published on Saturday.
Wellington - The New Zealand stock market bounced back by 1.6 per cent Friday in the wake of the recovery on Wall Street as investors snapped up bargains after share prices fell by 5 per cent the previous day.
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