Business New Zealand


  • NZ's Finance Minister Says Currency Is Overvalued Thursday, 18 Oct 2007 | 3:31 AM ET

    New Zealand's finance minister Michael Cullen said on Thursday the country's currency, which has fallen more than 7 percent against the U.S. dollar during the global credit squeeze, was overvalued and he expected it to fall further.

  • NZ's Sky City Says Second Potential Bidder Emerges Tuesday, 16 Oct 2007 | 10:28 PM ET

    New Zealand casino operator Sky City Entertainment Group said on Wednesday it expected another company to examine its books, which could result in a takeover bid.

  • NZ Manufacturers Oppose China FTA Sunday, 14 Oct 2007 | 11:22 PM ET

    Trade between New Zealand and China is expected to receive a boost next year as both countries are likely to seal the Free Trade Agreement (FTA) by April 2008 at the latest.

  • New Zealand at a Glance Sunday, 14 Oct 2007 | 7:11 PM ET

    A quick overview of NZ, its current state of finance and a forecast of the next few years for this rapidly developing market.

  • On The Road With "Asia Squawk Box" Sunday, 14 Oct 2007 | 5:25 PM ET

    All this week, CNBC's "Asia Squawk Box" is on the road in New Zealand. "Asia Squawk Box" will take a look at all things Kiwi -- its economy, the booming tourism industry, New Zealand's growth as a film locale and post production facility, its wining and dining exports and much more.

  • New Zealand to Enforce Telecom Operational Split Tuesday, 25 Sep 2007 | 7:37 PM ET

    New Zealand's government said on Wednesday it would not change its plan to force the former state telephone monopoly Telecom Corp. of New Zealand to split into three separate operating divisions.

  • Canadian Pension Fund to Make Auckland Airport Offer Tuesday, 18 Sep 2007 | 8:50 PM ET

    A Canadian state pension fund said on Wednesday it will seek a significant minority stake in New Zealand's Auckland International Airport in a proposed offer that values the whole company at as much as $3.5 billion.

  • New Zealand's Reconstruction Era

    Bill English, Deputy Prime Minister & Finance Minister of New Zealand says banks in the euro zone have been in trouble for a long time and more issues will pop up.