The rebound came as China intervened in the market to stabilise its currency, which had declined sharply.

Reynolds Group Holdings packaging business and UCI Holdings are under pressure to cut and sustain lower operating costs after recent asset sales that reduced debt.

The NZ dollar edged lower in Northern Hemisphere trading as investors weigh the impact of China's currency devaluation.

The NZ dollar fell sharply yesterday after the US dollar spiked higher in response to China's 1.9 per cent devaluation of the yuan.

We are now virtually economic prisoners, forced to meet Chinese demand in order to retain a market that has become our life blood, writes Bryan Gould.

The kiwi dropped as low as 65.50 US cents, from 66.27 cents at 1pm, and was recently trading at 65.60 cents.

Milk powder prices will need to improve substantially before Fonterra's revised farmgate milk price of $3.85 per kg of milk solids can become a reality, say analysts.

Fonterra lacks people who understand the impact of new and disruptive technologies, writes Keith Woodford.

The dollar consolidated overnight as comments from Federal Reserve officials kept expectations intact for a rate hike.

The New Zealand dollar rose as high as 66.36 US cents due to volatile trading over the weekend.

Nathan Tinkler was Australia's youngest billionaire - now he faces bankruptcy as his coal empire collapses.

Unconvincing explanations for settling live sheep export grievance should not hurt New Zealand's clean reputation, writes John Roughan.

The kiwi rose to 42.22 British pence ahead of the Bank of England's policy review on Thursday in London.

New Zealand doesn't need something "in return" for having taken down all our trade barriers, writes former Act Party leader Jamie Whyte.

The kiwi dipped below US65c for the first time in six years as better than expected US data revived optimism.

DairyNZ says New Zealand milk production is expected to fall by 2 or 3 per cent this season as farmers focus on improving the efficiency of their farming systems.

Whole milk powder prices have dropped to their lowest level since 2008, putting more downward pressure on Fonterra's farmgate milk price forecast and reinforcing the market view that the Reserve Bank will cut interest rates twice this year to partly compe

Whole milk powder prices - key to determining Fonterra's farmgate mik price, dropped by 10.3 per cent overnight.

If we are going to continue down the TPP path then we need to have confidence that it is not taking us in the wrong direction, writes Peter Whitmore.

The ANZ Commodity Price Index for July fell 11.2 per cent to the lowest level since October 2009.

The decline occurred ahead of the Reserve Bank of Australia's decision on interest rates today.

Trans Pacific Partnership talks could be under way again within the month as negotiators rush to sign off a deal before momentum is lost.

Trade negotiations by their nature tend to teeter on the brink of failure and TPP at Maui proved to be no exception, says Stephen Jacobi.

Weak data on US employment costs prompted traders to pull back expectations for US interest rate hikes.

Should we be dismayed or relieved at the disarray the Trans-Pacific Partnership negotiations are in? Sorry, but on the information to hand it is impossible to say.

Can't afford medicine? Don't get sick, losers. That's the message our tough love government is sending us, writes Paul Little.

The TPPA is not dead, with Trade Minister Tim Groser saying he's "extremely confident" a deal will be reached, but no new date has been set for all countries to meet again.

"This is about getting the best possible deal for New Zealand, not a deal at any cost," said Trade Minister Tim Groser.