Russia is scouring the world for produce ranging from Chilean salmon to Egyptian oranges to fill a big hole left by its ban on Western food imports.

A study of NZ businesses finds they are aiming higher than ever, according to new research commissioned by ASB.

A telemarketing company which switched broadband customers to Slingshot without their consent has been fined almost $170,000.

A one-year ban instituted by Russia on food imports from the West could hurt NZ's dairy trade, even though local exports are exempt, say economists.

The South China Morning Post's editors have a sense of humour: "New Zealand MP Winston Peters accused of racism over Wong joke" was the headline.

"Certification" seems a benign enough word. But it hides an extraordinary power that the United States is expected to assert if the Trans-Pacific Partnership (TPP) is concluded.

Itell my students that my initial enthusiasm for economics was sparked by the most attractive female teacher at my school. Unfortunately they will need to find other reasons for enjoying the subject.

Auckland infant formula maker New Image says it is "getting back into production" for the Chinese market now it has finally received clearance to export its products.

Dairy product prices slumped to the lowest level since October 2012 in the latest GlobalDairyTrade auction, paced by whole milk powder and cheddar.

Cheap imported carbon credits comprised 99.5 per cent of the units New Zealand emitters used to meet their obligations under the emissions trading scheme last year.

Commodity prices fell for a fifth straight month, led by whole milk powder, reflecting a build-up of inventory in China and strong local milk production.

Oil prices in New York have tumbled to their lowest level since mid-March helped by unplanned refinery shutdowns in the US midwest.