Biz confidence tumbles to two year low in wake of quake
Audio, Radio New Zealand
Business confidence has tumbled to a two-year low blamed mainly on the Christchurch earthquake.
Business confidence has tumbled to a two-year low blamed mainly on the Christchurch earthquake.
The NZ dollar has tumbled and the stock market has fallen.
A digitally manipulated photograph of the partially-demolished Ozone Hotel. The photographer comments, "As if a deadly disease is moving out from Christchurch City red zone, the heritage buildings are being put down".
The earthquake has also affected financial markets. The New Zealand dollar has tumbled, and the stockmarket has extended its losses.