The New Zealand dollar was slightly weaker after gaining a third of a US cent through a volatile week in which central banks featured large.The kiwi was trading at 62.90 US cents at 5pm in Wellington from 63 cents at 8:10am. That... Source: NZ Herald Business News
New Zealand beef and cheese exporters to Japan will be robbed of the recently acquired advantage over US producers, who will gain access to the high-value market on the same terms as CPTPP signatories, despite the US walking away... Source: NZ Herald Business News
Samsung sent shockwaves through the tech world earlier this year with the unveiling of its Galaxy Fold smartphone, but after pulling the foldable phone just before release to fix problems with its screen, the "fixed" phone is bringing... Source: NZ Herald Business News
Reserve Bank governor Adrian Orr is calling for New Zealand to take advantage of low interest rates, directly calling for greater investment-signals from central government.In a speech to a conference hosted by the NZX in Auckland... Source: NZ Herald Business News
Eighteen years after its inception, Fonterra is guilty of overweening ambition, miscalculation, mismanagement, poor execution, burgeoning debt and corporate arrogance, writes Gyles Beckford. In 2001 the country's dairy industry... Source: NZ Herald Business News
Fonterra says the 2020 financial year will be one of "transition" with only modest forecasts for performance improvements across the group.But underpinning the conservative outlook is a strong hope among its leaders and staff that... Source: NZ Herald Business News
New Zealand shares fell, led lower by exporters Synlait Milk and Pushpay Holdings, as investors remained nervous about the global economy. Fonterra Shareholders' Fund units rallied as the dairy giant unveiled a new strategy to get... Source: NZ Herald Business News
The New Zealand dollar rose after Reserve Bank governor Adrian Orr said the central bank is unlikely to use unconventional monetary policy measures like those used by the Federal Reserve and European Central Bank.The kiwi was trading... Source: NZ Herald Business News
Reserve Bank governor Adrian Orr says rural borrowers are facing higher lending costs despite interest rate cuts over the past year and that the regulator is gauging whether banks are bolstering their balance sheets in advance of... Source: NZ Herald Business News
One of the world's largest hotel chains has signed an agreement to enter New Zealand with a new $70 million Queenstown property.Mark Francis, managing director of property specialist Augusta Capital, said Radisson Hotel Group has... Source: NZ Herald Business News