CORRECT: NZ Premium Whitebait ramps up production for exports after first successful harvest
(Fixes name of mother in 11th paragraph) By Tina Morrison Feb. 1 (BusinessDesk) - New Zealand Premium Whitebait, the country's only commercial whitebait farm, produced its first commercial harvest last year and is planning to invest in a larger facility this year that will...
Fonterra director Michael Spaans steps down due to ill health; Ian Farrelly returns
By Tina Morrison Jan. 31 (BusinessDesk) - Fonterra Cooperative Group, New Zealand's dominant dairy processor, said director Michael Spaans has stepped down from the board due to ill health, and has been replaced by Ian Farrelly, who retired from the role last month. The cha...
NZ trade deficit little changed in December as exports, imports decline
By Tina Morrison Jan. 30 (BusinessDesk) - New Zealand's monthly trade deficit was little changed in December from the year-earlier month as imports and exports both slid by about the same amount. The country had a $41 million trade deficit in December 2016, compared with a...
NZ dollar little changed before trade, jobs data, FOMC
By Jonathan Underhill Jan. 30 (BusinessDesk) - The New Zealand dollar was little changed, after testing its highest levels in almost two years last week on a trade-weighted basis, as traders awaited December trade data today, and labour market figures and the Federal Reserve...
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