Govt inks $22.1 million deal with NZ Merino to boost strong wool returns
By Tina Morrison Feb. 10 (BusinessDesk) - The Ministry for Primary Industries signed a seven-year $22.1 million contract with wool marketer The New Zealand Merino Company to improve returns from strong wool. Government and industry will each contribute $11.05 million under...
NZ beef exports to Taiwan rise to a record, propelling it to third largest market
By Tina Morrison Feb. 10 (BusinessDesk) - New Zealand beef exports to Taiwan rose to a record in 2015, propelling it to the country’s third-largest beef market behind the US and China. In 2015, New Zealand’s beef exports to Taiwan jumped 36 percent to $188.6 million, while...
NZ dollar advances as greenback drops on outlook for weak oil prices
By Tina Morrison Feb. 10 (BusinessDesk) - The New Zealand dollar advanced on expectations continued weakness in oil prices reduces the likelihood of further US interest rate hikes, weighing on the greenback. The kiwi gained to 66.35 US cents at 8am in Wellington, from 65.8...
NZ dollar weakens following upbeat US jobs data
By Tina Morrison Feb. 9 (BusinessDesk) - The New Zealand dollar weakened after an upbeat US employment report ahead of the local long weekend bolstered the US dollar. The kiwi fell to 66.35 US cents at 8am in Wellington, from 66.91 cents at 5pm on Friday. The trade-weighted...
Prev
