Latest from Trade

Editorial: McCully ought to stand aside for enquiry

Foreign Minister Murray McCully ought to stand aside while the Auditor-General conducts her inquiry into the Saudi sheep deal.

Increase in dairy prices give hope

Wholemilk powder prices rallied by 19.1 per cent at this morning's GlobalDairyTrade auction.

Dollar little changed as dairy prices bounce

The dollar was little changed after dairy product prices jumped as expected at auction overnight.

Dairy prices tipped to recover next year

Barry Soper: Feeding the Chinese Dragon

We were heading into the global financial crisis but the fire of the dragon's breath kept us warm in the international financial storm.

Dollar gains ahead of expected pick-up in dairy

The NZ dollar rose ahead of tonight's GlobalDairyTrade auction amid expectations whole milk powder prices may gain.

Uptick on cards for dairy price

Signs look good for Fonterra that dairy prices will bounce in tomorrow's GlobalDairyTrade (GDT) auction.

Kiwi firms urged to take a global focus

New Zealand businesses need to be globally focused and prepared to compete, according to global chair of Kea New Zealand Phil Veal.

Key pours cold water on sales to foreigners

Prime Minister John Key has downplayed concerns about the sale of large tracts of productive land to foreign buyers, saying the trend was not "alarming".

NZ dollar rebounds from 6-year low

The rebound came as China intervened in the market to stabilise its currency, which had declined sharply.

Treading water won't do - Reynolds boss

Reynolds Group Holdings packaging business and UCI Holdings are under pressure to cut and sustain lower operating costs after recent asset sales that reduced debt.

NZ dollar edges lower on Chinese devaluation

The NZ dollar edged lower in Northern Hemisphere trading as investors weigh the impact of China's currency devaluation.

NZ dollar falls as China devalues

The NZ dollar fell sharply yesterday after the US dollar spiked higher in response to China's 1.9 per cent devaluation of the yuan.

Bryan Gould: NZ a virtual economic trade prisoner of China

We are now virtually economic prisoners, forced to meet Chinese demand in order to retain a market that has become our life blood, writes Bryan Gould.

Kiwi drops after China devalues yuan

The kiwi dropped as low as 65.50 US cents, from 66.27 cents at 1pm, and was recently trading at 65.60 cents.

Dairy price too low for Fonterra forecast

Milk powder prices will need to improve substantially before Fonterra's revised farmgate milk price of $3.85 per kg of milk solids can become a reality, say analysts.

Keith Woodford: Fonterra risks missing the boat, again

Fonterra lacks people who understand the impact of new and disruptive technologies, writes Keith Woodford.

Dollar little changed as Fed keeps US rate view intact

The dollar consolidated overnight as comments from Federal Reserve officials kept expectations intact for a rate hike.