Business New Zealand

  • LONDON— Tim Barlow pushes a green stamp onto the edge of an unfinished plate, leaving behind the words "Made in England." It's still a piece of unglazed gray clay, a far cry from the gleaming decorated disc of Wedgwood Jasperware it will become, but Barlow and his employers are betting those words will be a selling point as Britain begins the process of leaving the...

  • WELLINGTON, New Zealand— New Zealand and China announced Monday they would open talks soon to expand a successful free-trade deal in place for nearly a decade. New Zealand hopes that a renegotiated agreement would allow it to sell more dairy products to China, while China also hopes to sell more goods in New Zealand and erase a small trade deficit.

  • New Zealand-China growing trade ties

    Jason Young at the Victoria University of Wellington says the New Zealand will focus on value rather than volume of exports to China.

  • WELLINGTON, March 27- China and New Zealand ramped up their cooperation on Monday, pledging to expand their existing free trade agreement into what visiting Premier Li Keqiang called China's "most advanced" with a developed country. In a column published on Monday in the New Zealand Herald, headlined "To New Zealand, with love", Li wrote that rising international...

  • WELLINGTON, March 27- Chinese Premier Li Keqiang pressed for deeper trade ties with New Zealand and warned against global protectionism in a newspaper opinion piece published on Monday before meetings with Prime Minister Bill English and business leaders in Wellington. In the New Zealand Herald column, titled "To New Zealand, with love", Li said "rising...

  • A general view of houses in the suburb of Lyall Bay on April 9, 2016 in Wellington, New Zealand.

    New Zealand needs workers by the thousand to keep its building boom going.

  • WELLINGTON, March 24- New Zealand Prime Minister Bill English on Friday announced a renewed push to promote free trade in his first major trade policy announcement since taking over as leader last December. New Zealand's $180 billion economy depends on exports, and the country lobbied hard in favour of the Trans-Pacific Partnership trade deal.

  • Wanted: Skilled construction workers in New Zealand

    Guy Davidson, director at Cobalt Recruitment, says the residential and non-residential construction sectors are experiencing a boom.

  • NZ property market: 'Definitely a demand issue'

    Layne Harwood of Knight Frank says there has been a lack of home construction in New Zealand over the past decade.

  • One US diplomat is in trouble after a so called 'incident' in New Zealand

    New Zealand expelled a U.S. diplomat.

  • Q4@ WELLINGTON, March 15- New Zealand posted its smallest current account deficit in more than two years, according to data released on Wednesday, as surging tourism and reinsurance claims from a deadly November earthquake pour into the country. Statistics New Zealand said in a statement that the number of tourists and the amount they spent was strong in...

  • Elon Musk speaks at SolarCity's Inside Energy Summit in New York.

    Ukraine Prime Minister Volodymyr Groysman asked Elon Musk for talks after he pledged to to fix South Australia's energy crisis within 100 days.

  • VIENNA, March 14- Vienna, Austria's grand capital on the Danube river, has topped consulting firm Mercer's list of cities offering the highest quality of life for the eighth year in a row, while Baghdad is again considered the worst place to live. Global centres London, Paris, Tokyo and New York City did not even make the top 30, lagging behind most big German,...

  • BEIJING/ HONG KONG, March 10- After a spending spree stretching from hotels to electronics distribution in 2016, Chinese conglomerate HNA Group says it is now investing in financial services, betting on asset managers and consumer finance for growth at home and overseas. The moves reflect a broader push by China into financial services globally as Beijing...

  • Have constructive relationship with the US: NZ Trade Min

    New Zealand Minister of Trade Todd McClay talks about whether the country’s trading relationship with the U.S. will alter under the Trump administration.

  • Real opportunity of Brexit is free trade agreement: NZ Trade Min

    Following Brexit, New Zealand Minister of Trade Todd McClay says he thinks it’s a “good development” that the U.K. is focusing on the Commonwealth when it comes to trade.

  • Our trade agenda is about the next 10-15 years, not 2: NZ Trade Min

    New Zealand Minister of Trade Todd McClay talks about the future of the country’s trading relationship with China, especially with China’s slowing growth.

  • WELLINGTON, March 7- The International Monetary Fund warned on Tuesday that high levels of household debt tied up in property are a risk to New Zealand's financial stability and backed the central bank's lobby for new tools to deal with the red-hot housing market. New Zealand house prices, among the fastest growing in the developed world, rose 13.5 percent in the...

  • WELLINGTON, March 7- The International Monetary Fund said on Tuesday that rising levels of household debt are a risk to New Zealand's financial stability, while the country's central bank said it was considering increasing bank capital requirements. "With high household debt, you worry about the amplification of large external shocks," Thomas Helbling, the IMF...

  • WELLINGTON, March 2- The Reserve Bank of New Zealand said on Thursday risks around future interest rate movements were equally weighted, but warned of uncertainty stemming from U.S. The New Zealand dollar jumped to $0.7166 from $0.7144 before the speech. "The greatest source of uncertainty relates to the U.S. Administration policies in respect to its' America...