Stories by Gyles Beckford
News
OCR remains unchanged at 1.75%
The Reserve Bank has held its cash rate unchanged as expected, but warned there are growing risks to the outlook which may mean rates on hold for longer or even cut.
Black clouds hover over big banks' golden run, expert warns
A slide in business and consumer confidence, a slowing housing market, and the prospect of tougher regulation have done nothing to dent the profitability of the country's banks yet, a survey shows.
Business confidence up but profit squeeze worries
Business confidence has bounced back from a nine year low, but firms remain wary about higher costs and weaker profits.
British company may take over Trade Me
The directors of the online trading and advertising site Trade Me are favouring being taken over by a British investment firm.
NZ seeks to fund Pacific projects which help 'local people'
New Zealand wants to back a different type of aid project in the Pacific and wants no part of a bidding war with big powers for influence in the region.
Peters encouraged by US interest in the Pacific
New Zealand appears determined to steer a middle course in the growing competition for influence in the Pacific region between the world's two biggest economies and superpowers.
PM plays down South China Sea criticism at summit
The Prime Minister has had a taste of sweet and sour in her final meetings at a regional leaders' summit in Singapore.
NZ posts record monthly trade deficit
Official figures show a deficit of $1.56 billion for September, as a lower New Zealand dollar and higher oil prices have driven imports.
Businesses to get $100m ACC refund
ACC is to refund about $100 million to businesses for overpayments of levies going back as far as 16 years.
New Zealand dollar falls, petrol prices may rise
The New Zealand dollar has fallen to its lowest point in more than two years against several currencies.
Reserve Bank holds key interest rate at 1.75%
The Reserve Bank has held its cash rate unchanged, as expected, and reaffirmed it's likely to be on hold for the forseeable future.
Record monthly trade deficit for August
A surge in imports and rise in oil prices have led to a record monthly trade deficit.
NZ's economic growth picks up
The economy has grown faster than expected, with GDP rising 1 percent in three months to the end of June and the annual rate picking up to 2.8 percent.
Uber rival to set up across cities
A rival to ridesharing company Uber has plans to launch in Auckland, Wellington and Christchurch in the next few weeks.
Analysis: Crying over Fonterra's spilt milk
Analysis - There's no point crying over spilt milk. Does that apply to the first loss in dairy giant Fonterra's 17 year history? Probably, writes Gyles Beckford.
NZX and Nasdaq explore opportunities
The stock exchange is looking at an alliance with Wall Street's tech-laden Nasdaq to explore opportunities.
Liquidation moves $16m funds distribution closer
Investors are awaiting details on funds they are to receive after the High Court ordered 18 Forestlands companies be put into liquidation.
Fisher and Paykel Healthcare patent battle resurfaces
The protracted legal fight over patents between Fisher and Paykel Healthcare and its United States based rival, ResMed, has flared up again.
Chorus posts 25 percent drop in profit
The telecommunications network operator is losing money as customers move away from the traditional copper-line connections.
Tauranga port's profits rise dramatically
A $94.3 million profit was made by the Port of Tauranga in the year to June.
Sky TV reports hefty loss after $360m write-off
Sky Television has reported a hefty full year loss after slashing the value of its business.
A2 Milk profit surges due to $195.7m to year ended June
Specialty dairy company A2 Milk has posted a record profit on the back of surging demand for its infant formula.
Spark picks up English premier football coverage
The telecommunications company has expanded further into sports broadcasting - picking up the rights to English Premier League from next year.
Money laundering laws expanding to real estate sector
The real estate industry is gearing up for when it is covered by anti-money laundering laws.
Fonterra reduces milk price after trading halt
Fonterra has dropped its forecast payout to farmers and says it is unlikely to pay a final dividend because of pressure on its earnings' margins.