The New Zealand dollar is headed for a 1.4 percent gain this week after Reserve Bank governor Graeme Wheeler quashed expectations for a rate cut, singling out the country’s inflationary pressures as his number one bugbear. The kiwi traded at 83.18 US cents at 5pm in Wellington from 83.12 cents at 8am and 82.87 cents yesterday. The trade-weighted index climbed …

Following in the footsteps of US President Barack Obama, Economic Development Minister Steven Joyce took to Twitter with his latest comments on policy. Joyce took aim at ex-Endace CEO Selwyn Pellett after he took the government to task on R&D grants, the same  program from which Endace received $11.1 million in funding. “I remain unhappy about taxpayers’ previous R&D investment …

State Councillor Liu Yandong will visit New Zealand next week as a guest of the Government – the first visit by a senior Communist Party figure since China’s November leadership transition. State Councillor Liu is a senior leader in China’s 2012-2017 hierarchy. Her portfolios include education, science, screen and television, and culture. Science and Innovation Minister Steven Joyce says he will …