China has for the first time overtaken Australia as New Zealand's largest trading partner, with a total $2.3 billion of goods sold during the quarter to March - a fifth of all exports.
Productivity and increased scrutiny of cash costs will be crucial to New Zealand's two largest gold miners - who collectively deliver up to 400,000oz per year - following the recent global gold price plunge.
Contact Energy's 12-month target price has been downgraded in the wake of a proposal by Labour and the Green Party to introduce a single electricity buyer to pass on savings to consumers.
Liquidators of failed boutique Queenstown insurer Western Pacific are still waiting for $34 million in payments from its reinsurers, more than two years after the company collapsed.
The first of several hundred tonnes of equipment needed in San Francisco for Emirates Team New Zealand's America's Cup challenge has left the country, beginning with the catamaran hull of Aotearoa (pictured).
Forecasts for global aluminium prices bode ill for negotiations between Tiwai Point's owner, Rio Tinto, and state-owned enterprise Meridian Energy.
Expectations are looming that commercial building tenants will likely bring pressure to bear on Dunedin landlords to upgrade and earthquake-proof ageing buildings, or face the prospect of buildings emptying.
Dunedin residential ratepayers could find themselves helping to prop up a diminished rates-take, if commercial property values are slashed 30% to 40% because of escalating earthquake-proofing costs.
Fund Managers Otago Ltd, which operates three mortgage funds from Dunedin, booked an almost $123,000 after-tax loss for the year, and accumulated losses were up $122,000 on the previous year, at $1.22 million.
Investors in Fund Managers Otago Ltd's distressed $41 million NZMIT-PIE fund - which is being wound up by the Dunedin-based company - have had their investments devalued further, to 72c per unit.
Gold producer shares are tracking volatile global spot gold prices as the market seeks some direction on where the precious metal will head next.
The National-led Government may be throwing the welcome mat out to offshore explorers but testing the new law specifically protecting their vessels and oil rigs is likely to escalate into an unwieldy constitutional battle over the Bill of Rights Act.
Bear markets have plunged the price of global spot gold to a two-year low around $US1338 ($NZ1585) yesterday, the last loss being the largest two-day decline during the past 30 years.
Alluvial gold production from the Maniototo valley, in Otago, increased four-fold for Glass Earth Gold to $C2.97 million ($NZ3.49 million) for the past year, but the booking of accumulated exploration costs saw the company lodge a $C11.1 million ($NZ13 million) loss.
The country's forest growers have returned a more than 85% vote in favour of an industry-wide levy for research, development and marketing - possibly starting from January 1.
Shares for the controversial state-owned enterprise Mighty River Power (MRP) partial float go on sale from today, with expectations the company will list on the New Zealand stock exchange on May 10.
More litigation has been lodged against specialist hard-coking coal mine developer Bathurst Resources, with the Royal Forest and Bird Protection Society lodging an appeal on a point of law, stemming from an interim decision recently released by the Environment Court.
Oceana Gold's exploration at the historic underground Blackwater gold mine near Reefton on the West Coast has returned very high gold grades from the last phase of its deep-drilling programme.
The education system was the main focus for Treasury chief executive and secretary Gabriel Makhlouf during his two-day visit to the city this week.
Two separate Dunedin hospitality outlets recently placed into liquidation could owe hundreds of thousands of dollars, according to the liquidators' first reports.
