Court TPP review kicks off today
The process around the Trans-Pacific Partnership Agreement is coming under judicial review in the High Court today.
The process around the Trans-Pacific Partnership Agreement is coming under judicial review in the High Court today.
Jose Miguel Porraz is negotiating an uneven Kuala Lumpur footpath as he talks up the benefits of emerging markets.
New Zealand is 'holding our ground' in the TPP talks, says Tim Groser, but there isn't any gold plated dairy deal on the way.
Sales are up for Restaurant Brands, with even Starbucks up alongside its KFC and Carl's Jnr stablemates.
Silver Fern Farms embarked on a roadshow to sell farmers on bringing in China's Shanghai Maling Aquarius as a shareholder in its newly formed venture.
Low dairy prices have continued to weigh heavily on farmer sentiment, according to Rabobank's Rural Confidence Survey.
New Zealand shares fell in a global sell-off yesterday, as investors were cautious about economic growth.
Regulatory niggles facing exporters and an upgrade to NZ's free trade agreement with China will be among the issues discussed at a trade forum in Beijing this week.
Ministers turn down bid by Chinese billionaire Jiang Zhaobai to buy the Lochinver Station.
Does this morning's big jump in world dairy prices mean an increased payout for farmers? There might be a long way to go.
Silver Fern Farms, the country's biggest meat processor, says its is forming a 50/50 joint partnership with Chinese investors.
Trade Minister Tim Groser says he remains 90 per cent certain that TPP talks will be successfully completed later this year.
Prices are expected to rise at this week's GlobalDairyTrade auction but doubts remain as to how much further improvement is in store.
Wholemilk powder prices, which are key to determining Fonterra's farm gate milk price, rose by 12.1 per cent to an average US$2078 a tonne at the last auction on September 2.
Fonterra is cutting back the amount of product it sells on its GlobalDairyTrade auction platform for the next 12 months.
The kiwi dollar has fallen by a full US cent this morning after the Reserve Bank cut the official cash rates to 2.75pc.
The New Zealand dollar has advanced ahead of the Reserve Bank's official cash rate announcement this morning.
Share prices firmed by just under one per cent after major offshore markets surged higher overnight.
Global equity markets gained and commodity markets rallied overnight, triggered in part by a late surge in Chinese equities.
Traders have put 78 per cent odds of Reserve Bank governor Graeme Wheeler cutting the official cash rate.
The NZ dollar declined after US labour market data left open the possibility of US interest rate hikes this month.
Low world dairy prices aren't stopping the NZ industry - production was up 13pc last month from July last year.
US economic data has kept alive expectations the Federal Reserve may hike interest rates this month.
Whole milk powder prices, which are the key to determining Fonterra's farmgate milk price, rose by 12.1 per cent to an average US$2078 a tonne.
Fonterra's move to cut the amount it sells on its global dairy auction appears to have worked.