Chinese company Shanghai Pengxin confirmed it is aiming to buy a $70 million North Island farm, which would be second-largest foreign purchase of New Zealand land.

Fine wines, controversial French delicacies and a protected species of fish have all been slapped on the taxpayers' tab by government ministers.

A plate of protected Antarctic toothfish and controversial dish foie gras were on the table at a lavish taxpayer-funded dinner hosted by Trade Minister Tim Groser.

Kiwi exporters should look to market more premium products to an increasingly wealthy Chinese consumer, says Shanghai-based economist Mary Boyd.

The New Zealand dollar slumped to an eight-week low as the US dollar jumped on better than expected US second quarter growth data

We read about it or see it in the news every other week. But very few of us can pronounce it, let alone put a name to it. Even fewer of us genuinely understand it.

Log export prices have dropped sharply since March because demand in New Zealand's biggest market - China - has fallen while supply has substantially increased.

The New Zealand dollar was the weakest major currency overnight, touching a fresh six-week low.

The New Zealand dollar dropped to a six-week low today after Reserve Bank governor Graeme Wheeler called the kiwi's strength "unjustified."

The Kiwi dollar shed almost one cent against the US after Reserve Bank governor Graeme Wheeler said the currency's strength was "unjustified"

Finance Minister Bill English said the Kiwi dollar, which hit a record on a trade-weighted basis this year, is "unsustainably high".

Fonterra says it's 'realigning' its packing operations at its Canpac plant in the Waikato - and 110 jobs may be lost as a result.

The Kiwi dollar extended its slide as the crash of a Malaysian jet in rebel-held Ukraine and a ground offensive in Gaza sapped risk appetite worldwide.

Big changes lie ahead for the international dairy trade when the European Union (EU) dismantles its 30-year-old quota system next year.