![NZ dollar dives 2pc in morning trading](/pf/resources/images/placeholders/placeholder_l.png?d=793)
NZ dollar dives 2pc in morning trading
A resurgent US dollar and more bearish talk from the Reserve Bank combined to drive the kiwi dollar 2pc lower in active trading this morning.
A resurgent US dollar and more bearish talk from the Reserve Bank combined to drive the kiwi dollar 2pc lower in active trading this morning.
Everything hinges on a deal on agriculture and automobiles between the US and Japan, writes Jane Kelsey. Despite intense negotiations for more than a year, they remain poles apart.
In a few weeks, Australia will welcome leaders of the world's major economies to Brisbane for the G20 Summit.
NZ's monthly trade deficit has widened more than expected as falling prices for logs and dairy products weighed on exports.
It is well established that "cultural differences" exist between New Zealand and Asia, which of course must be taken into account when an organisation seeks to establish itself in the Asian market.
Auckland International Airport has confirmed it’s likely to deliver an underlying net profit of between $160m and $170m this financial year,
Departing and defeated MPs went out with a splurge on the taxpayer tab, with Mana leader Hone Harawira the biggest-spending MP, new expense details show.
Interest rates in New Zealand are likely to stay lower for longer, after today's unexpectedly low inflation numbers were released.
The Reserve Bank's introduction of limits to low-equity mortgage lending last year had "a dampening" impact on house price inflation, Graeme Wheeler said today.
A fifth generation member of the famously rich Rockefeller family, will speak to a New Zealand philanthropic conference next April.
A long-awaited free trade agreement between New Zealand and South Korea appears close to being inked following talks in Seoul last week.
A New Zealand exporter has won a $450,000 judgment against the suppliers of "defective" Philippine bananas.
Two-way trade with China has doubled every five years since the early 1990s but the historic growth rates may not continue.
The New Zealand dollar gained against the Japanese yen as improved US economic data bolstered sentiment on global growth.
An economist says China's plans to ease the restrictions its citizens face when investing overseas will see more Chinese money flowing into NZ's property market.
The Toyota Corolla is New Zealand's most popular car for the 26th year running, latest figures reveal.