Fri, 24 Aug 2012

Newspaper woes as readers move on-line - Audio

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interest.co.nz managing editor Bernard Hickey talks business with Marcus Lush including Fairfax Media has written down the value of its newspapers by A$2.8 bln as advertisers and readers shift online. The Fed looks like it will print more sooner rather than later. China's hard landing looks to be arriving sooner and harder than most expected. The HSBC Markit PMI for China showed manufacturing there contracted by more than expected in August.

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