Glenbrook viability to be assessed
Australian steel products group Bluescope is to review its steelmaking operations in Australia and New Zealand, saying it needs "game-changing" savings in operating costs.
Australian steel products group Bluescope is to review its steelmaking operations in Australia and New Zealand, saying it needs "game-changing" savings in operating costs.
New Zealand shares dropped yesterday in a global selloff after weak Chinese manufacturing data added to concern about the world's second-largest economy.
The NZ dollar dropped back below 66 US cents as stocks across Asia followed Wall Street and Europe lower after weaker-than-expected Chinese manufacturing data.
New Zealand share market slumps 2 per cent and almost $60 billion has been wiped from Australia's share market as concerns about China's economy shake investors.
Christopher Niesche writes: The jobs and education portal is a mature business in Australia so it has to look for growth overseas, particularly in Asia.
The dollar rose as traders delayed their expectations for US interest rate hikes, broadly weakening the greenback.
It is crunch time for the economy, crunch time for Bill English and his "steady as she goes" economic plan.
Trade Minister Tim Groser says Southeast Asia is New Zealand's "number one insurance policy".
Investment bank says there is a 25 to 30 per cent risk of New Zealand's economy going into recession in the next 12 months.
New Zealand has cracked a milestone, with a record-breaking 3,002,982 visitors for the year to July.
Wherever you draw the line, too many children are going without, writes Brian Fallow.
The New Zealand dollar gained as traders pare back bets for the Federal Reserve to hike interest rates next month.
Our transtasman neighbour's experience gives valuable lessons for our policymakers and insights for investors, writes Mark Lister.
The dollar jumped after US Fed minutes pushed out expectations for a US interest rate hike, damping greenback demand.
Wall St fell overnight after Fed minutes suggested interest rates may not be lifted next month.
After years of increases, New Zealand rents stalled last month, says Trade Me Property.
Finance Minister Bill English won't rule out state farming company Landcorp having to sell more farms than usual to ensure it is not too loaded with debt.
The NZ dollar rose ahead of tonight's GlobalDairyTrade auction amid expectations whole milk powder prices may gain.
Canadians, not Chinese, take top spot as the biggest investors in New Zealand over the past two years, according to analysis released by KPMG today.
As China guides its currency lower, it heightens default risks on foreign- currency debt and increases the odds of capital flight, which would slam stock prices.
Retail sales volumes edged up in the June quarter, missing expectations, as growth in online buying helped offset a slide in petrol purchases.
Have you heard the one about the New Zealand sheep that flew to Saudi Arabia? Of course you have, but chances are your eyes glazed over, writes Toby Manhire.
In light of the stress the dairy industry is under right now, they really do need to take the longer-term view that they say they are taking, writes Brian Fallow.