The kiwi touched 70.65 US cents in an illiquid market yesterday, its lowest level since August 2010.

If NZ taxpayers have provided a businessman with a sheep farm in compensation for his loss, it raises many more questions than Minister Murray McCully has been inclined to answer.

New Zealand's only commercial tea estate has secured a deal to sell its products in upmarket London department store Harrods.

The dollar dropped to its lowest in more than four years on concern about the outlook for the economy.

The economy is expected to grow at about 3 per cent a year out to 2017, driving jobs growth and reducing unemployment, says the NZIER.

A slump in dairy exports weighed on the trade balance last month.

The dollar changed little overnight with major markets in the US and the UK closed for public holidays.

Transport Minister Simon Bridges takes over as head of the International Transport Forum as the organisation tackles ways to boost global trade and tourism at its annual gathering.

More than six months into the great oil price crash, US growth remains sluggish and cautious US consumers have banked the savings, writes Liam Dann.

The dollar fell to a four-year low against the British pound after UK retail sales rose more-than-expected.

The dollar held near the bottom end of its recent trading range as investors weighed up interest rates cuts.

Zespri International, which controls exports of New Zealand kiwifruit, more than doubled annual profit.

Australia's live animal export trade is once again under a harsh spotlight amid claims that cattle are being bludgeoned to death with sledgehammers in Vietnam.

Trade Minister Tim Groser said he was not aware his last name had been turned into a verb: "Grossing".

The dollar fell as the greenback strengthened following better-than-expected US housing data.

Producer input and output prices fell in the first quarter, reflecting lower fuel costs and weakness in prices of meat and dairy products.

The New Zealand dollar declined as the greenback strengthened on optimism the US economy will rebound.

New Zealand shares rose yesterday, paced by Genesis Energy, Contact Energy and Mighty River Power in a relief rally as Meridian Energy's instalment came due.

The New Zealand dollar fell on speculation that potential developments could give the bank more room to cut interest rates.

Farm prices have continued to rise, despite the near halving of milk prices over the last year, according to REINZ.

The New Zealand dollar fell after the government stepped up measures to curb Auckland's bubbling housing market.

Wool auction volumes are set to increase next week as farmers who have been holding out put their bales on the market.

Hillary Clinton has fallen silent on the TPP, an interesting departure from her statements as the nation's top diplomat.

Retail sales boomed in the first three months of the year, in what may be an early sign of the "wealth effect" with rising house prices boosting confidence.

Share trading platform Unlisted is applying for an exemption from the Financial Markets Authority.

McVitty Properties has completed its liquidation, leaving creditor BNZ with a shortfall of about $2.6 million.