New Zealand inflation rose at its fastest quarterly pace in two years as petrol prices increased and out-of-season vegetables were more expensive, lifting the annual pace back within the Reserve Bank’s target band for the first time in a year. The consumers price index increased 0.9 percent in the three months ended Sept. 30, its fastest pace since June 2011, …

By Laura Walters The Ministry for Primary Industries is under-resourced and communications inadequate to deal with the food-safety issues facing New Zealand exports to China, Trade Minister Tim Groser says. Groser told the China Business Summit in Auckland today that it was undeniable the ministry did not have enough resources in China to deal with the recent DCD residue issue, …

The Financial Markets Authority has cancelled a prospectus offering shares in FMP Medical Services, saying the offer is false or misleading, the first time the regulator has taken such an action. FMP was seeking investors to set up a chain of renal dialysis clinics in New Zealand. The FMA first prohibited allotment of shares in the company to allow it …