Negotiations for the Trans-Pacific Partnership will accelerate in July, with New Zealand officials working to stitch up a deal by the month’s end, according to Trade Minister Tim Groser. With US legislators granting President Barack Obama’s administration fast-track approval, Groser expects the 12 nations’ negotiators will put their real cards on the table after several years of shadow-boxing. The US …

Address by the Hon Tim Groser, Minister of Trade and Minister of Climate Change Issues: US/NZ Partnership Forum, Auckland 30 June 2015 I would like to thank our two co-chairs, the Hon Simon Power, Chair of the NZ-US Council and Stu Van Soyoc, President of the US-based counterpart organisation for assuming joint responsibility for the Partnership Forum. I think it …

Equities dropped, while US Treasuries rose amid a safe-haven search, on concern Greece is headed for default and exit from the euro zone. Greece closed its banks and imposed capital controls, after negotiations between Greece and its international creditors imploded after Prime Minister Alexis Tsipras issued a stunning call for a July 5 referendum on the latest bailout conditions. The …