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Investors should be bracing themselves for more volatility as a slew of economic data and key US corporate earnings, including Apple, will either stoke deeper losses or ease concerns about the outlook. Last week provided further concern about the strength of the world’s two largest economies, the US and China, as the latest data failed to meet expectations. China’s economy …

Prime Minister John was on-cue, on-message and importantly on-time using his six minutes in front of Chinese President Xi Jinping to send a message that New Zealand is a committed partner to China and has much to offer in areas where the two countries complement each other. It’s five years ago to the day since NZ signed the bilateral free …

Japan has been welcomed into the TPP negotiations says NZ Trade Minister Tim Groser. “We believe that Japan’s participation in the negotiations will contribute to the objective of creating a 21st-Century agreement that will spur economic growth and development, promote innovation, benefit our consumers, and support the creation and retention of jobs, higher living standards and the reduction of poverty …

Key’s visit initiative will have a tremendous impact on forestry. Especially if supported by positive follow up action from NZ bureaucrats in tariff reduction.  This will certainly boost lumber exports, a reprieve from the death sentence for the kiwi saw mills and thousands of jobs in our heartlands. The other major thrust required is to remove non tariff trade barriers …

The New Zealand dollar is heading for a 1.8 percent fall against the greenback as optimism about the health of the global economy fades, sapping demand for risk-sensitive assets. The kiwi rose to 84.34 US cents at 5pm in Wellington from 84.11 cents at 8am, down from 84.52 cents yesterday. The trade-weighted index fell to 77.81 at 5pm from 78 …

Meridian Energy and the owners of its largest customer, the Tiwai Point aluminium smelter, are continuing to talk after an intense three days’ face to face negotiation last week, with parties in both Wellington and Sydney crunching numbers on possible new deals. Neither side will comment on the record, but BusinessDesk understands efforts to find common ground on a new …

Contact Energy shares dropped almost 6 percent in early NZX trading, with the company saying it was “hard to see” how it would have justified investing $2.5 billion in new power plants if the Labour-Greens electricity policy had been in place. In a statement not issued to the NZX but received by BusinessDesk, Contact chief executive Dennis Barnes says “under …

The New Zealand dollar fell as weaker US data and disappointing earnings stoked concerns global growth may be slowing and weighed on stocks and risk appetite. The kiwi fell to 84.11 US cents from 84.51 cents at 5pm in Wellington yesterday. The trade-weighted index fell to 77.65 from 77.99. The Philadelphia Federal Reserve Bank’s business activity index fell to 1.3 …

Wall Street dropped on disappointing earnings from companies including Morgan Stanley and eBay as well as the latest economic indicators suggesting a slowdown in the pace of the recovery. Shares of Morgan Stanley and eBay fell, last down 4.7 percent and 5.4 percent respectively, as they posted results that fell short of expectations. So did UnitedHealth Group, sending its shares …

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