Gyles Beckford

The Reserve Bank has held its cash rate unchanged as expected amid subdued inflation and softening economic growth.

Jewellery retailer Michael Hill International will close its remaining Emma and Roe shops and concentrate on its core brand.

Economic growth was modest at the start of the year with the service sector making up for soft construction activity.

Fletcher Building is to streamline its business and focus on the basics as it looks to recover from heavy losses in its building division.

The difference between what the country earned and spent internationally has hit its highest level in three years.

Introducing a capital gains tax would cause house prices to fall, rents to rise but home ownership rates would improve, a new study shows.

Analysis - Global media may be in for a shake-up after a mega-merger between AT&T and Time Warner was approved, Business Editor Gyles Beckford writes.

Northland has rocketed to the top of the regional economic rankings on the back of free spending consumers in the ASB Bank's latest survey.

Insurance company Tower has posted a bigger first half loss as its earnings were hit by bad weather claims and an arbitration decision.

The firm has cut a new deal with its bankers, which will see it pay more for its lending and put the proceeds of asset sales immediately to paying back debt.

Manufacturing sector activity has hit its highest level in more than two years driven by a rebound in production and new orders.

The aluminium smelter at Tiwai Point is restarting an unused potline as rising metal prices and a power deal have made it economic to expand production.

Shares in Fletcher Building have jumped by more than 10 percent today, following unconfirmed rumours that the Australian conglomerate Wesfarmers has bought a stake in the business.

Air New Zealand and Virgin Australia will part ways in October after seven years of partnership.

Spotify has had a solid debut on Wall Street in one of the most anticipated technology listings in recent times.

Analysis - Sky Television has announced it is not the preferred bidder for Rubgy World Cup broadcasts. RNZ Business Editor Gyles Beckford looks at what that means for the behemoth.

The Reserve Bank has held its cash rate unchanged as expected amid subdued inflation and moderate economic growth.

The dairy giant Fonterra has made a first-half loss after taking a large write-down on its Beingmate investment, in addition to damages to its rival, Danone.

The Central Bank of Ireland is being blamed for the chain of events that has resulted in the troubled insurance group, CBL, being put under the control of administrators on opposite sides of the…

Electricity lines company Vector's profit has fallen by a quarter after one-off gains in the previous year and higher depreciation.

The property market slowdown has taken its toll on confidence in the sector and the outlook for prices.

Analysis: The profitability, economic value and reputation of New Zealand's biggest construction company have been whittled away over the last few years, writes Gyles Beckford.

The New Zealand share market has opened cautiously higher after another volatile session on overseas markets.

The Reserve Bank has held its cash rate unchanged as expected amid subdued inflation and moderate economic growth.

New Zealand's international ranking as a financially transparent country has improved slightly in a newly published report.