New Zealand shares dropped from yesterday's record, led lower by Sky Network Television and NZX. Vector and Chorus gained.The S&P/NZX50 Index fell 22.79 points, or 0.2 per cent, to 9,339.88. Within the index, 30 stocks fell, 13... Source: NZ Herald Business News
The New Zealand dollar fell 0.8 per cent against the greenback after weak business confidence data added to the view the central bank could opt to cut rates. The kiwi traded at 66.54 US cents at 5pm in Wellington from 67.13 US... Source: NZ Herald Business News
WASHINGTON (AP) — The National Enquirer has long explained its support for Donald Trump as a business decision based on the president's popularity among its readers. But private financial documents and circulation figures obtained... Source: NZ Herald Business News
The tap has been turned off on imported stock for Hawke's Bay's summer-fruit industry, as the fall-out from a major legal wrangle continues.After a High Court Judge last week ruled the Ministry for Primary Industries' actions in... Source: NZ Herald Business News
BUENOS AIRES, Argentina (AP) — President Mauricio Macri has asked the International Monetary Fund for an early release of funds from a $50 billion deal with the IMF to ease concerns that Argentina will not be able to meet its debt... Source: NZ Herald Business News
SALT LAKE CITY (AP) — Two executives of a Salt Lake City biodiesel company linked to a polygamous group could flee to Turkey if they are released ahead of trial on charges in a $500 million tax credit scheme, federal prosecutors said... Source: NZ Herald Business News
SPOKANE, Wash. (AP) — The trade war with China is making life difficult for many farmers across Washington.The state's 1,900 wheat growers, who export the vast majority of their crop, are particularly hurt. But so are cherry growers... Source: NZ Herald Business News
Steady oil prices and the end of strong summer demand should start pushing gasoline prices down.The auto club AAA predicts that the national average will drop 14 cents to $2.70 a gallon this fall.The current average of $2.84 is... Source: NZ Herald Business News
Genesis Energy says it can guarantee gas for its customers into the 2030s but is not making plans beyond that.The company has a 46 per cent stake in the offshore Kupe field which produced record quantities of gas and oil during... Source: NZ Herald Business News
The Commerce Commission has begun court proceedings involving mobile trader Home Direct over what it says were unfair customer contracts.The regulator is asking the High Court to make a declaration that the contract terms for Home... Source: NZ Herald Business News