Only five of New Zealand's 13 infant formula manufacturers have been approved to export product into China under new regulations that came into force today.

Sheep and beef farm profits are expected to jump 35 per cent over 2013-14 from last year's drought-affected season.

New Zealand wine exports have rebounded to record levels as the wine growing industry continues its turnaround in fortunes.

Shares in Xero climbed 11 percent after the accounting software developer said it slowed the pace of cash outflow in the first three months of the year.

New Zealand's trade surplus widened in March as Chinese demand for dairy continues to soar, driving annual export receipts to new records.

The Government announced last week that 12 of this country's 13 baby milk manufacturers had to carry out changes at their production facilities.

New Zealand's exports to China are increasing exponentially. In the three years prior to signing the Free Trade Agreement (FTA) in 2008 our exports increased on average by a little under 4 per cent.

Japan, the world's third-biggest economy, has a long and notorious history of protectionism.

Justice Minister Judith Collins has recovered her memory after telling Parliament she could not recall whether she had briefed New Zealand's ambassador to Beijing about her Oravida dinner.

SkyCity, Trade Me and Telecom are the best investment opportunities on New Zealand's share market, according to Morningstar.

Dairy product prices have kept falling in the latest overnight, falling 2.6 per cent to 14-month low, paced by whole milk powder.

Justice Minister Judith Collins' Beijing dinner came after the company made a formal request to NZ ministers to intervene with the Chinese Govt over import barriers.