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Jenny Ruth: Should Fletcher Building persist with Australia?
By Jenny Ruth July 24 (BusinessDesk) - Those who fail to learn from history are condemned to repeat it, goes the famous saying attributed to Winston Churchill and philosopher George Santayana. Fletcher Building’s near $1 billion in construction losses in New Zealand over 18...

NZD weaker as greenback gains on news US-China trade talks to recommence
By Rebecca Howard July 24 (BusinessDesk) - The New Zealand dollar fell after the greenback got a lift from news that US trade negotiators will head to China to recommence trade talks. The kiwi was trading at 67.02 US cents at 8am in Wellington from 67.31 at 5pm. The trade-...

MARKET CLOSE: NZ shares extend gain as Mainfreight, A2 hit new highs
By Paul McBeth July 23 (BusinessDesk) - New Zealand shares extended their gain as Mainfreight and A2 Milk Co hit highs on strong demand for the export-focused stocks that have reliably outperformed expectations. Sky Network Television led the market higher. The S&P/NZX 50...