Latest from Trade

Fran O'Sullivan: Economic issues deserve PMs attention
Iraq will inevitably dominate Friday's talks between John Key and Tony Abbott - but it should not obscure progress on the vital transtasman economic agenda.

Simon Terry: TPP backers have questions to answer
ExportNZ's Dialogue article in support of the Trans-Pacific Partnership talks failed to come to grips with the issues that matter.

Forecast brighter for Fonterra
Fonterra's board will have reason for cautious optimism when it meets tomorrow to review its farmgate milk price forecast for 2014/15.

Falling kiwi helps offset log price decline
The falling dollar has helped to offset declining export log prices, says AgriHQ.

Grant Bradley: Cheap fuel prices a mixed blessing
Lower oil prices mean the less efficient carriers with older aircraft than Air New Zealand are back in the game, writes Grant Bradley.

Kiwi dollar touches new high against Oz
The NZ dollar has touched a fresh record against the Aussie, after Federal Reserve meeting minutes suggested officials may favour keeping US interest rates lower for longer.

Global fashion war: Crocodile International v Lacoste
A global war between two corporate crocodiles is again being waged in New Zealand, with fashion companies fighting today over the right to use a famous reptilian logo on clothing here.

Dairy prices surge at latest auction
Dairy prices posted their fifth consecutive gain at this morning’s GlobalDairyTrade auction.

Fonterra expands in Netherlands
Fonterra Co-operative Group has commissioned a new dairy ingredients plant in Heerenveen, in the north of the Netherlands, its first wholly-owned and operated ingredients plant in Europe.

Tim Hazledine: Auckland needs to think hard about port land
'Economists make forecasts," said the late, great, economist John Kenneth Galbraith, "not because they know, but because they are asked."

Bank expects dairy prices to firm
ANZ said it expects dairy prices to continue this year's firming trend at tomorrow's GlobalDairyTrade auction.

Catherine Beard: NZ can't afford to miss out on Trans-Pacific Partnership
Catherine Beard writes: Those questioning the value of free trade agreements could do well to examine the results achieved by New Zealand's other agreements.

China's massive and unsustainable debt increase
Having chugged along through the financial crisis, China's huge expansion in debt now threatens to destabilise the economy.

Dollar has Aussie in sight
The NZ dollar has edged closer to its record against the Australian dollar overnight - briefly touching 96.29 Australian cents this morning.

Council to ease stance over reclamation
Ports of Auckland has won a huge victory allowing it to use more of the Waitemata Harbour to park cars after Auckland councillors yesterday caved in on tough rules for reclamation.

Labour's cheaper leadership race
Labour's leadership contest roadshow carried less of a punch to the taxpayer's wallet than the last runoff in 2013, according to newly released list of MPs' expenses.

Oil's surge in volatility just what traders want
The CBOE Crude Oil Volatility Index climbed to 63.14 on February 5, the highest level in almost six years.

Prices surge at latest dairy auction
Dairy prices spiked higher at this morning's GlobalDairyTrade (GDT) auction, the GDT price index gaining 9.4 per cent since the last sale on January 21.