The New Zealand dollar has hit a five-year high against the euro - an unwanted benchmark which New Zealand's exporters should get used to for at least the first half of 2011.
New Zealand Oil & Gas - the majority shareholder in Pike River Coal - has accomplished only 10% of a share buy-back programme, but appears set to continue with its share price subdued.
The feud over which organisation will represent the majority of New Zealand strong wool growers has escalated.
A shared passion for New Zealand's outdoors and skifields led to two University of Otago graduates launching the globally successful Educating Adventures. Simon Hartley learns more.
More than half of the $65 million required to launch a new strong wool buying and marketing co-operative has been raised, but acrimony, claims and counter-claims continue to dog the proposal.
Momentum is gathering for the proposed $2.2 billion "heartland" bank, whose parent company has gained an investment grade rating, Crown guarantee, and has begun trading the debt securities of one of the three merger partners.
Household discretionary spending appears to remain under pressure with The Warehouse retail chain reporting a 2.7% decline in Christmas and New Year sales.
Mining stocks underpinned a positive start for the opening days of most major bourses around the world following a boost to commodity prices, on the back of strong manufacturing data.
Mining in New Zealand during 2010 will be remembered forever in terms of the deaths of the 29 men in the Pike River Coal mine disaster in November. Business reporter Simon Hartley and Craigs Investment Partners broker Peter McIntyre review southern mining for last year, one overshadowed by the Pike tragedy.
Remarkable growth in Australia's need of locum doctors has led to a massive surge in the work of Queenstown-based, multi-award-winning doctor recruitment company MedRecruit. Simon Hartley explains.
Proposals for a new multimillion-dollar strong-wool buying and marketing co-operative - Wool Partners Co-operative - is seeking a third extension and amending its prospectus in its bid to gain $65 million funding from farmers.
A full 100% takeover offer for farm services company PGG-Wrightson by Chinese interests has been ruled out - for now.
Investors in six leading New Zealand companies have been cautioned to ignore unsolicited offers for their shares at prices well below stock market values.
Otago merchants fared better than most during Boxing Day retail activity as the national volume and value of electronic transactions were down respectively 6.7% and 2.8%.
Scott Technology in Dunedin is one of 26 New Zealand companies sharing in the Government's $92 million technology development programmes for research and development (R&D) over the next three years.
Giant Chinese energy company Qinghua Group - with more than $12 billion of mining assets - is assessing several billion-dollar projects across the South Island, with the potential for generating thousands of jobs.
New Zealand-owned "heartland bank" appears set to go ahead with the last shareholders of the three merged entities yesterday voting in favour of the proposal.
The Serious Fraud Office yesterday laid a total 93 charges under the Crimes Act against four directors involved in two separate companies - involving almost $30 million in investor funds or loans.
A new entrant to New Zealand's hard-coking coal sector, dual-listed Bathurst Resources, has announced a memorandum of understanding to deliver West Coast coal to one of the world's largest...
Pike River Coal's board is considering "several alternatives" for recapitalisation, but refuses to comment on speculation of receivership being an option, or that it may need anywhere from $100 million to $200 million to survive.
