Fran O'Sullivan
NZ Reaction to end of marathon negotiation on Korean FTA – first the positive news
Here’s a quick snapshot of what NZ Business is saying about yesterday’s conclusion of the FTA agreement NEW ZEALAND BUSINESS FORUM (NZIBF) welcomes end of marathon negotiations – delighted Trade Minister Groser and his officials have got it over the line. NZIBF Chairman Sir Graeme Harrison noted Korea is a significant trading partner for New Zealand and a number of …
Read More »John Key and Park Geun-hye celebrate the New Zealand-South Korean FTA at G20
Key at G20: IV TV3’s Patrick Gower – Which NZ companies are banking $200m trade with Russia despite ‘sanctions’
Gower: Barack Obama yesterday called Vladimir Putin a threat to the world. Do you agree with that? Key: Potentially. If you look at what’s happening in Ukraine and the wider, sort of, Eastern Bloc and the, you know, potential motivations and intentions, it’s a very serious situation, and I think that’s why you are seeing countries respond, and I think …
Read More »Tim Groser on the NZ-Korean trade negotiations
Trade Minister Tim Groser welcomed the announcement on the successful conclusion of negotiations with the Republic of Korea on a Free Trade Agreement. “Korea is one of New Zealand’s biggest and most important trading partners,” says Groser. “The FTA will deliver real economic benefits for both our countries. It will create more opportunities for our business and will deliver cheaper products …
Read More »TPP leaders set to meet at US Embassy in Beijing under tight security lockdown
The pressure will go on Barack Obama today to put his political capital on the line and get Congressional support to close out TPP. The mantra around the Apec meeting earlier today was “the finish line is in sight” when it comes to finalising negotiations on the Trans Pacific Partnership. The chapters of the TPP agreement are in place with …
Read More »TPP talks at US Embassy in Beijing held under tight security. Surely, they won’t add currency to the mix?
It might be churlish to note that the United States wasn’t making a great deal of the anti-competitive nature of other nation’s currency settings when it was in the thick of quantitative easing That unpalatable truth hasn’t featured at all among the issues up for negotiation during the lengthy Trans Pacific Partnership negotiations. But the Financial Times is reporting that the Obama …
Read More »Blue Skies in Beijing? Must be Apec in town.
Blue Skies in Beijing again and guaranteed to stay so until the Apec Leaders Jamboree rolls through China’s Capital City. We’re here once again to talk trade; make new business relationships; soak up the trends; gain insights into the progress on TPP and FTAAP; gauge how China is handling the competing trade agendas and see at least 10 Asia Pacific …
Read More »Fonterra slashes 2015 milk payout to $5.30/kgMS, earnings tumble 76%
Fonterra Cooperative Group cut its forecast 2015 milk price payout by about 12 percent, citing weaker global dairy prices and said there is a risk of further declines given strong global milk production. New Zealand’s biggest company revised its forecast payout to farmers while releasing its results for the year ended July 31, which showed sales climbed 19.5 percent to …
Read More »MARKET CLOSE: NZ shares soar on election result, led by MRP
New Zealand shares jumped, led by MightyRiverPower, after the National Party’s convincing election victory on the weekend wiped out any regulatory fears for the power companies. Meridian Energy, Genesis Energy and Contact Energy paced gains. The NZX 50 Index advanced 54.947 points, or 1.1 percent, to 5236.292. Within the index, 27 stocks rose, 13 fell and 10 were unchanged. Turnover …
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