A World Trade Organisation decision issued in Geneva early this morning ruled against Canberra's efforts to block imports of Kiwi apples in what Tim Groser says is 'a stunning victory' for NZ.

The New Zealand dollar rose against a greenback hit by poor US jobs data, but eased against the euro and yen.

Russia last week banned grain exports for the rest of the year after a severe drought and wildfires destroyed 20 per cent of its wheat crop.

Sealegs' 'incubation' is now over.

The IRD crackdown on 'cash job' tax evasion.

The kiwi dollar is firmer ahead of the latest jobs data being released this morning.

Protests in India against imports of New Zealand dairy products have turned ugly.

New Zealand recorded a trade surplus of $276 million for the month of June, equivalent to 7.3 per cent of exports.

The NZ dollar has tumbled this morning, after Reserve Bank governor Alan Bollard signalled that future interest rate rises will be more modest than earlier indicated.

Boeing and Airbus have racked up billions of dollars worth of aircraft sales at the Farnborough Airshow.