New Zealand
New Zealand’s reserve bank cuts cash rate, signals more to come
WELLINGTON: New Zealand's central bank cut its benchmark interest rate by 25 basis points to a record low 2.0 percent...
New Zealand heads towards 90% renewable generation
WELLINGTON: Transpower today said that recent levels of renewable generation on the power system has been around 90% a very...
New Zealand Farm Company to stop using palm oil products
WELLINGTON: New Zealand's state-owned farming company said Monday it will stop using palm kernel products to feed its animals as...
Australia dollar steady near 3-week high, NZ$ falls
SYDNEY/WELLINGTON: The Australian dollar held onto recent gains on Monday, staying near a three-week high as investors seeking to escape...
Fungus hits China kiwifruit imports
WELLINGTON: New Zealand has suspended its lucrative kiwifruit exports to China after Chinese authorities say that on some shipments they...
Suncorp NZ aims for double digit growth
WELLINGTON: Insurance company Suncorp is banking on 12 percent growth in operating earnings in the coming year as it keeps...
New Zealand outlines of planned bill on tax information exchange
WELLINGTON: New Zealand’s Inland Revenue, on July 28, released a fact sheet for financial institutions describing proposed measures to be...
Australia signs agreements with NZ to streamline trade
CANBERRA: The Department of Immigration and Border Protection has signed its first Mutual Recognition Arrangement (MRA) with New Zealand Customs...
New Zealand’s video game exports continue to grow
WELLINGTON: New Zealand’s game development industry grew 13% last year to earn $88.9m in the year ending 31 March 2016...
Hong Kong man arrested after customs seize $20m meth haul hidden in spatula sets
AUCKLAND: Customs officers have seized $20 million of methamphetamine hidden in spatula sets imported into New Zealand. A 23-year-old Hong...
New Zealand shares rise to new height
WELLINGTON: New Zealand shares rose to a fresh record with New Zealand Refining Co and Fonterra Shareholders Fund gaining after...
New Zealand dollar exchange rates ends trading week
WELLINGTON: The New Zealand Dollar failed to find a rallying point on the back of the July NBNZ Business Confidence...
Kiwifruit exports advance New Zealand Dollar
WELLINGTON: Figures from the New Zealand office of statistics showed better-than-expected export levels with kiwifruit exports leading the way and...
Log exports starving local processors
WELLINGTON: New Zealand First leader and Northland MP Winston Peters is backing concerns by wood processors at the hollowing out...
BP revenues drop by 45%
WELLINGTON: BP's revenues in the second quarter of 2016 amounted to 720 mln USD, that is less by 45% in...
New Zealand June trade surplus nz$127 mln
WELLINGTON: New Zealand posted a merchandise trade surplus of NZ$127 million in June, Statistics New Zealand said on Tuesday -...
New Zealand export log prices slid to seven-month low in July
WELLINGTON: New Zealand export log prices slid to a seven-month low in July as a stronger local currency and weaker...
New Zealand First still going strong
WELLINGTON: New Zealand First leader Winston Peters celebrated the parties 23rd anniversary in Tauranga, by do what he does best...
Two women arrested for smuggling $7 million methamphetamine
WELLINGTON: Two women have been arrested in Hamilton and Invercargill for attempting to smuggle multiple packages of methamphetamine or ‘P’...
New Zealand log shipments to India, Korea up
WELLINGTON: New Zealand, a leading softwood log exporter in the world, has increased its log shipments to India and South...
