After just two days in New Delhi it is not hard to see why surveys say Indian business people find their New Zealand counterparts a bit slow.

New Zealand's trade balance was $605 million in surplus last month, falling short of expectations by $375 million and dragging the kiwi dollar lower.

Auckland cereal-maker is on a sales mission to export Kiwi flavours to Asia.

For an investor, Fonterra warrants close attention..

Millions are being spent creating new grasses but the benefits remain uncertain.

Average prices of dairy products fell from a three-month high in Fonterra's latest online auction, as commodity prices and equity markets weakened on doubts about the pace of US economic growth and Greece's debt woes.

New Zealand commodity prices edged up to a new record in May, led by kiwifruit at the start of a new season. Prices in New Zealand dollars fell from a record level as the kiwi dollar climbed.

Hundreds of jobs are at risk with the announcement Canterbury bus maker Designline International has been placed in liquidation.

New Zealand recorded a merchandise trade surplus of $1.1b in April, the highest monthly surplus ever recorded, figures released by Statistics New Zealand show.

China's enormous sovereign wealth fund, the China Investment Corporation, may have set aside up to 1.5 per cent or about $6 billion of its massive foreign exchange reserves to invest in New Zealand assets.