South Korea has suddenly emerged as willing would-be partner in the Trans-Pacific Partnership free trade agreement, as well as announcing today it was resuming negotiations with New Zealand on a free trade deal.… Full Story →
Fonterra Cooperative Group chief executive Theo Spierings says months of talks with Danone over losses from the whey protein concentrate recall have failed to reach a commercial solution, suggesting the issue may end up in the courts.… Full Story →
New Zealand’s terms of trade, which measure the quantity of imports the country can buy with a set amount of exports, climbed to its highest level since December 1973 as dairy prices surged in the quarter, while cheaper electrical machinery kept a lid on increases in import prices.… Full Story →
The former Crafar family farms controversially bought by China’s Shanghai Pengxin last year reported an operating loss in their first year of new ownership due to the widespread drought last summer.… Full Story →
The government is still committed to the partial privatisation of Genesis Energy, despite a rocky performance in both the asset sales so far undertaken, Prime Minister John Key has confirmed.… Full Story →
