
Govt names oil and gas bid winners
The government's second round of tenders for oil and gas exploration blocks has yielded 10 new exploration licences, including two in the previously unexplored Pegasus Basin.
The government's second round of tenders for oil and gas exploration blocks has yielded 10 new exploration licences, including two in the previously unexplored Pegasus Basin.
There is no denying that making products in New Zealand is vital to having a healthy economy.
Kiwi businesses expect the New Zealand dollar to peak against the US dollar in June next year at US86.2c, according to ASB's kiwi dollar barometer.
Commodity prices rose for a fourth straight month in November, led by pelts, beef and wood pulp.
Three NZ companies will leave their mark on Kids City, a massive new family entertainment complex in Cambodia.
Prices of dairy products fell in Fonterra's latest GlobalDairyTrade auction - the first decline in four sales.
TPP negotiators meet in Auckland this week to further a plan to create jobs and growth.
Units in the new Fonterra Shareholders Fund have debuted at $6.66 per unit - a $1.16 premium to their $5.50 issue price.
Some New Zealand institutions are crying foul over the high level of foreign ownership in the newly-formed Fonterra Shareholders Fund.
New Zealand's wine sector is showing signs of a profit turnaround but is still not producing financial returns which would be acceptable to investors.
Subdued inflation will keep the Reserve Bank's official cash rate on hold until at least 2014, the NZIER predicts.
New Zealand's trade accounts sank deeper into the red last month.
New Zealand chalked up its third monthly trade deficit in October, with the annual deficit widening to $1.37 billion.
New Zealand will not sign a Trans Pacific Partnership Agreement unless it removes tariffs on dairy products and allows the state-owned drug-buying agency to stay.
New Zealand's milk production leaped 11.3 per cent last season, the most productive on record.
Fonterra will put in the bulk of shares required for the Fonterra Shareholders' Fund following a muted response from its farmer members.
A new giant Asian free trade negotiation was launched last night (NZ time) at the end of the East Asia Summit in Cambodia, with a goal to complete the deal by the end of 2015.
Prices of dairy products rose in the latest online dairy auction, the third straight gain.
Prime Minister John Key had an informal discussion with US President Barack Obama in Phnom Penh this morning and the issue of Kim Dotcom appears to have been discussed.
Government-funded rewards - including tax breaks and grants - could encourage high-performing companies to stay in this country.
United States President Barack Obama will open Trans-Pacific Partnership talks in Cambodia while new negotiations offer up India, Japan and South Korea.