Oz central bank keeps rate at record low
The Reserve Bank of Australia kept its cash rate unchanged at a record low 2 per cent for a second month, saying accommodative monetary policy is needed in an economy growing slower than its....
The Reserve Bank of Australia kept its cash rate unchanged at a record low 2 per cent for a second month, saying accommodative monetary policy is needed in an economy growing slower than its....
Joyce this week got cabinet approval to develop what he calls "the New Zealand Investment Attraction Strategy".
Economics editor Brian Fallow says today's business opinion survey shows we've passed the peak of economic growth.
The country's business confidence plunged as companies became pessimistic about profitability expectations.
The Greek rejection of the creditor bailout package has lead to a fall in world shares, oil and the European currency.
Silver Fern Farms says the group agitating for change at New Zealand's biggest meat processor has misled shareholders.
Milford Asset Management has lost five wholesale clients, including financial services provider Mercer, since its $1.5 million settlement with the FMA last month.
The owner of the Sams Creek Gold Project, which sits atop what could be New Zealand's biggest undeveloped gold deposit, has slashed the value of the resource.
NZX dairy futures pricing continues to point to more weakness in the whole milk powder market, following on from the sharp decline at last week's GlobalDairyTrade auction.
The worst monthly slump in Chinese stocks in two years wiped away more than US$34 billion ($50.8 billion) in combined net worth of the richest people in June.
The Bunnings chain of hardware stores have been a great success story, but the chain is at risk of becoming a victim of its own success, writes Christopher Niesche.
Hamish Fletcher says he FMA, after some law changes, now has the tools that allow it to proactively stamp out misleading conduct in the market.
Today's referendum result in Greece is set to dominate market trading this week, although economists predict that it will not lead to huge impacts locally.
Kiwis can now use a beer byproduct to fill their cars, with a new biofuel being unveiled at an Auckland service station today.
Financial Markets Authority chief executive Rob Everett says the settlement with Milford Asset Management over market manipulation issues has been an uncomfortable wake-up call.
A new duty-free operator at Auckland International Airport is promising a little less of the hard sell that annoyed travellers.
New Zealand is enjoying 3.2 per cent economic growth and 0.1 per cent inflation, the statisticians tell us, but Bank of New Zealand economists warn we could see those numbers switch.
Z Energy, the listed service station chain, said its planned $785 million purchase of rival Chevron New Zealand's Caltex-branded network won't drive up prices at the pump because the target doesn't....
World stockmarkets have moved only slightly overnight, as the news from Greece changes minute by minute.
If successful the takeover would give Briscoe Group access to the Australian market, where Kathmandu already has 100 stores.
World shares have slumped on concern Greece is headed for default and exit from the euro zone.
New Zealanders grew more downcast about the state of the labour market in the second quarter, with a softer outlook for wage growth weighing on confidence.
Genesis Energy, the country's biggest energy retailer, will permanently retire a coal/gas-fired unit at the Huntly Power Station.
Currency traders will be on tenterhooks this week as the Greek sovereign debt crisis goes from bad to worse, with more downward pressure likely to come on the Kiwi dollar.
Low dairy prices have not dampened demand for palm kernel - a supplementary feed which has the effect of "turbo-charging" milk production.
Prime Minister John Key says overseas markets are causing high prices for milk at home.
For the month of May, New Zealand had a trade surplus of $350 million, beating expectations for a $100 million deficit.