William Pesek: Now the markets are doing the bullying
Just one year ago, it seemed unthinkable that officials in Wellington and Sydney, more typically known for their hawkishness and stubborn independence, would join the global race towards zero.
Just one year ago, it seemed unthinkable that officials in Wellington and Sydney, more typically known for their hawkishness and stubborn independence, would join the global race towards zero.
The kiwi dollar has risen to a six-and-a-half week high against the Aussie after a slump in Chinese equities markets.
The final negotiations of the TPP trade deal will take place this week. PM John Key said there would be "give and take", but he remained confident in the deal.
If Labour is to have any credibility, Andrew Little needs to have the guts to announce it will oppose the TPPA, writes Jane Kelsey.
Germany is the largest export market for New Zealand onions, followed by Indonesia and Japan.
Tim Groser shared a rare insight into the unique partnership that New Zealand forged with the United States on the TPP at a recent forum.
The dollar fell after signs of weaker Chinese manufacturing activity dented demand for commodity currencies.
Prime Minister John Key says signing up to the Trans Pacific Partnership could stop the Government from banning house sales to non-residents, but alternative measures including a stamp duty or land tax could still be introduced.
Trade Minister Tim Groser and Deputy US Trade Representative Wendy Cutler got into Hawaii early last weekend to set the scene for a high-powered ministerial meeting to thrash out the bones of the....
The New Zealand dollar held onto some of its gain after the Reserve Bank yesterday cut the benchmark interest rate.
I could never be a currency trader. Uncertainty exists in all markets, but in currency markets you can be certain about very little.
Gay Keating explains why the Trade Minister's assurances on Pharmac don't go far enough.
The New Zealand dollar has fallen ahead of the Reserve Bank's expected interest rate cut this morning.
The dollar advanced as traders who had bet on the currency's decline took profits ahead of the tomorrow's interest rate decision.
The banks has been named bank of the year for everyday banking by consumer organisation Canstar.
The NZ-China free trade agreement doesn't stop new restrictions on house sales to overseas buyers, but National's subsequent deals try to, writes David Parker.
Open Country has told its farmers that their forecast payout has been cut back due to slumping world dairy prices.
Iran, once OPEC's second-biggest producer, will boost its oil exports by 500,000 barrels a day immediately after sanctions are lifted
The dollar has since consolidated after a slump in dairy prices and benign inflation stoked expectations of interest rate cuts.
Chief Theo Spierings admits news unsettling for staff as co-op tries to reduce its payroll bill by up to $60m a year.
Liam Dann says axing 523 jobs may make financial sense to Fonterra's chiefs but the dairy slump is bigger than that.
Fonterra's board will consider its current farm gate milk price forecast for 2015/6 at its next meeting on August 7, a spokesman for the co-operative said.
The dollar plummeted after whole milk powder fell more than expected in the GlobalDairyTrade auction overnight.
Dairy prices have plunged in the latest world dairy auction, taking the Kiwi dollar down with it.
The dollar gained as an unexpected decline in US retail sales raised speculation of a delayed increase in US interest rates.
A slowdown in the Chinese economy isn't expected to crimp demand for education in New Zealand.
The NZ dollar weakened as Greek agreement turned investor attention to US interest rate hikes, supporting greenback.
The lower kiwi will benefit exporters such as Delegat which counts the US as its largest market.