Former Prime Minister Jenny Shipley wants New Zealand firms to take advantage of her appointment to the board of the Boao Forum, which is made up of global political and commercial leaders, to seek business opportunities in Asia.… Full Story →
|China Inside Out: Five macro themes for 2015|
* With disinflationary pressure rising, we lower our GDP and inflation forecasts for 2015 and 2016
* Beijing will likely step up policy easing to stabilise the economy
* We also expect the pace of key reforms to accelerate
Both economic activity and inflation data have been weaker than we anticipated in recent months, suggesting rising disinflationary pressures.… Full Story →
BusinessDesk Nuplex Industries, the specialty chemicals manufacturer, is exploring more investment opportunities across Asia, having shifted its businesses away from the firm’s traditional markets in Australia and New Zealand.… Full Story →
BusinessDesk A group of New Zealand primary sector firms has opened a joint marketing office in Shanghai, completing a three-year gestation to make life easier in breaking into the world’s second biggest economy.… Full Story →
Kiwa Digital Ltd (KIWA), a world leading production house for experiential digital books based in New Zealand, is to deliver interactive cartoon stories to mobile devices in China.… Full Story →
Fonterra Cooperative Group, the world’s largest dairy exporter, has acquired 18.8 percent of Shenzen-listed Beingmate Baby & Child Food, falling short of the stake of up to 20 percent it was seeking in a partial tender offer.… Full Story →
Economic reform in China, one of New Zealand’s largest trading partners accounting for 22 percent of exports, is a lower priority than trying to save the future of the Communist party, according to Wall Street Journal columnist Andy Browne.… Full Story →
Synlait Milk, the listed dairy processor, has cut its forecast market milk price for the 2014/2015 season along with a corresponding decrease in advance rates to farmers due to depressed global dairy prices.… Full Story →
Kiwi scientist Dr Phil Rolston has been awarded the Chinese Government’s most prestigious science prize for his work in grasslands seed development.… Full Story →
Jenny Morel’s venture capital firm No. 8 Ventures and Martin Aircraft Co founder Glenn Martin plan to cut their stakes in the jetpack business ahead of a planned initial public offer, which will see China-based investor KuangChi Science invest A$50 million to take a majority holding in the firm.… Full Story →
- Former PM Shipley keen to leverage Boao appointment for NZ Inc
Former Prime Minister Jenny Shipley wants New Zealand firms to take advantage of her appointment to the board of the Boao Forum, which is made up of global political and commercial leaders, to seek business opportunities in Asia.
- New Zealand export log prices edge up in November; Chinese demand remains weak
New Zealand export log prices edged up in November although demand from China, the country’s largest market, is likely to remain subdued until the second quarter of next year.
- World Week Ahead: Bulls bounce back
A slew of US corporate earnings and Chinese economic data will form the key focus in the coming days as Friday’s rebound could not prevent Wall Street from sliding for a fourth consecutive week amid concern about global growth.
- Berry company OOB wins ice-cream contracts in China
Berry company OOB has sealed two deals with Shanghai-based companies to sell its organic ice-cream.
- A2 Milk, hit by strong kiwi, to use Australian cash for global expansion
A2 Milk Co, which markets milk with a protein variant said to have health benefits, will ramp up its expansion in the US, the UK and Asia using cash generated in its biggest market of Australia after a year in which a strong kiwi slashed the value of sales and earnings.