Latest from Trade

Shutdown: Will the damage last?
It's going to take a lot more political bungling to do any permanent damage to America's reputation or wreck its financial markets.

Dairy scare 'gift' to China Govt
Fonterra's botulism scandal was one of the "greatest gifts" the company could have given to the Chinese Government, according to a visiting foreign correspondent.

Botulism scare cost Danone $500m
French food giant Danone says it will lose more than half a billion dollars in sales in the current financial year as a result of Fonterra's botulism false alarm.

Employer cleared over security guard death
The Council of Trade Unions (CTU) is calling for an appeal to be launched after the Waitakere District Court ruled that the death of a young security guard is not the responsibility of his employer.

US stand-off pushes NZ dollar up
The NZ dollar has continued edge amid the ongoing stand-off between US legislators which is threatening a default on debt obligations of the world's biggest economy.

Martin Jacques: NZ has a headstart in growing strategically with China
There is understandable concern that the recent food contamination scandals in China could have a corrosive effect on the trading relationship between China and New Zealand.

Key raises issue of Kiwi protestors
John Key has raised the issue of two Kiwi protestors being held in Russia with Russian President Putin - but it was not by way of protesting their treatment.

Silly shirts make a comeback
After falling out of favour during the global economic turmoil, Apec's propensity for dressing up its leaders in "silly shirts" returned with gusto.

Audrey Young: PM moves on to next regional talks
Apec's focus is trade liberalisation, writes Audrey Young. The East Asia Summit focus is wider; leaders will talk about regional questions of the moment, including security issues such as North Korea.

Trans Pacific nations set deadline
Prime Minister John Key is signalling it is crunch time for the Trans Pacific Partnership talks and countries need to decide if they are in or out.

Recovery getting broader - survey
The New Zealand Institute of Economic Research's quarterly survey of business opinion has found the sector in good heart and evidence of a recovery that is becoming broader-based.

Only one chance for comprehensive TPP - Key
Prime Minister John Key says there is only one chance to get a comprehensive Trans Pacific Partnership and it would be worth waiting a little longer to get one.

TPP draft text probably not possible - Goff
Labour's trade spokesman and a former Trade Minister Phil Goff says he understands why the Government is not releasing text of the Trans Pacific Partnership agreement but says it could be doing more to communicate with New Zealanders.

Key seeks sideline meeting with Putin
Prime Minister John Key will seek an opportunity today to speak with Russian President Vladimir Putin on the sidelines of Apec in Bali.

Audrey Young: Mystical Bali missing the magic
The absence of US President Barack Obama from the Apec leaders summit leaves a gaping hole, and a lot of disappointment, if not misery, writes Audrey Young.

Goff favours comprehensive TPP agreement
Labour's trade spokesman and a former Trade Minister Phil Goff says he understands why the Government is not releasing text of the Trans Pacific Partnership agreement.

Let's not be hasty on TPP, Key cautions
Better to have patience and aim for a comprehensive trade pact, PM says.