Power industry eyes on Tiwai Pt
Next Wednesday all eyes will be on the owners of the Tiwai Pt aluminium smelter to see if they give Meridian Energy notice they wish to terminate their contract.
Next Wednesday all eyes will be on the owners of the Tiwai Pt aluminium smelter to see if they give Meridian Energy notice they wish to terminate their contract.
The New Zealand dollar rose from a five-year low as investors weighed up the outlook for the US economy and interest rate increases.
Global shares traded in a narrow range overnight as investors assessed data pointing to a brighter outlook and awaited Greek bailout news.
Eurozone leaders hope to finally seal a bailout deal this week to save Greece from default and a possible exit from the euro, but Germany has warned more hard work is needed.
Currencies tend to act like a country's share price, falling to reflect a worsening outlook and rising when things start to look brighter, says Mark Lister.
The New Zealand dollar hit a fresh five-year low as traders firm up expectations for more interest rate cuts.
Wall Street rose overnight, pushing the Nasdaq to a record, amid optimism Greece and its international lenders are finally nearing a deal.
Consumers are the least confident they have been for two years, the quarterly Westpac McDermott Miller survey has found.
Retailers may start to feel the squeeze in coming months after the fall of the kiwi dollar, but consumers are unlikely to see drastic changes to prices.
NZ has had a net gain of 57,800 migrants in the year through May - the 10th consecutive record-breaking month.
Assistant professor of finance Noah Smith believes the economic doomsayers are jumping the gun.
Trade Minister Tim Groser has long been tipped by Wellington's euphemistically labelled "beltway" to be New Zealand's next ambassador to Washington.
The release of New Zealand's latest international investment position has shone a spotlight on the country's debt. The data were released this week in conjunction with the March quarter balance of payments statistics.
The fate of the TPP trade and investment pact may be known as early as next Wednesday, after a vote endorsed the elusive 'fast-track authority' for Obama.
A land-buying agency with compulsory acquisition powers is the most radical of the Productivity Commission's proposals for dealing with Auckland's housing crisis.
The dollar jumped briefly above 70 US cents after the US Fed Reserve pulled back its projections for future interest rate rises.
Yellen has long been categorised as what Fed watchers call a "dove," someone who favours looser monetary policy.
The 'rock star' tag remains, but economists debate if it's a Justin Bieber or more of an ageing Stones.
New Zealand earned $8.6 billion less from the rest of the world through trade and investment in the year to March than the rest of the world earned from us.
New Zealand companies face an increasingly risky legal landscape as professional litigation funders bankroll class action lawsuits and emboldened regulators flex their muscles, says a major law....
Dairy prices eased at the latest GlobalDairyTrade (GDT) auction but the sale gave away little on where the market, and interest rates, will go in the months ahead.
The United States will still have more than double China's per capita income by 2061 even as Chinese income levels grow.
Silver Fern shareholders are seeking to force a special meeting to discuss the benefits of a merger with Alliance Group.
When it comes to corporate governance, Japanese companies Takata, Toshiba, Sharp and Toyota are acting as if it's 1985.
The account surplus was larger-than-expected in the first quarter as spending by tourists widened the services balance.
Dairy farm prices eased in the three months to May according to REINZ's latest rural report.