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Crafar buyers' new $70m farm deal
Crafar buyers' new $70m farm deal

Chinese company Shanghai Pengxin confirmed it is aiming to buy a $70 million North Island farm, which would be second-largest…

Cold snap boosts Kathmandu sales

Kathmandu says a cold snap last month in Australia and New Zealand helped generate more sales than anticipated.

Stock Takes: Lifeline for pipeline

Metro Glass' solid sharemarket debut provided the shot in the arm New Zealand's initial public offering pipeline needed.

Eventful outlook - NZ's booming convention business

On the floor of a conference about conferences, there's excitement mixed with a measure of frustration.

Argentina heads into default as debt talks fail
Argentina heads into default as debt talks fail

Last-ditch talks between Argentina and the US hedge funds it has branded “vultures” have failed to reach agreement, effectively…

More than a third of Americans reported for debt
More than a third of Americans reported for debt

More than 35 percent of Americans have debts and unpaid bills that have been reported to collection agencies, according…

Robust US economy emerges from new GDP stats
Robust US economy emerges from new GDP stats

The US economy has rebounded with vigour from a grim start to 2014 and should show renewed strength into next year. That…

Yellen to study broad range of indicators in search of inflation
Yellen to study broad range of indicators in search of inflation

US policy makers are studying various measures of inflation because the traditional measures can cloud the underlying trajectory…

Economy

NZ dollar slips as greenback lifts
NZ dollar slips as greenback lifts

The New Zealand dollar weakened as US labour market data strengthened the greenback, bolstering optimism…

World shares down as Adidas wrong foots

Equities on both side of the Atlantic sank overnight amid concern about US interest rate policy, a surprise profit warning…

NZ dollar slides to eight-week low

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

Wall St mixed as US economy gather steam

Wall Street was mixed overnight after the US economy kicked into a higher-than-expected gear in the second-quarter…

NZ dollar holds near seven-week low
NZ dollar holds near seven-week low

The New Zealand dollar held near a seven-week low as traders await figures expected to show US economic…

Building consents on the rise

New Zealand building consents increased at the fastest pace in three months in June, rising a seasonally adjusted 3.5 percent…

Westland Milk slashes payout forecast

Westland Milk Products, the Hokitika-based dairy cooperative, has followed Fonterra in cutting its forecast payout for…

Dollar tumbles after Fonterra cuts payout to farmers

The New Zealand dollar dropped below 85 US cents for the first time in seven weeks after Fonterra cut its forecast payout…

Wall St caution prevails

Wall Street was flat overnight in cautious trading, with sentiment bolstered by corporate earnings including from Merck…

Taxpayers spend $240k hosting oil execs
Taxpayers spend $240k hosting oil execs

Energy Minister Simon Bridges is defending a $240,000 bill for taxpayers to wine and dine 11 oil executives…

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