The liquidators of investment company Hansa have frozen the assets of director Paul Hibbs after initial investigations showed it appeared to be a Ponzi scheme.
Sealord more than doubled annual profit as the country's second biggest fishing group reaped fatter margins from a larger catch attracting better prices.
The High Court at Christchurch has banned property developer David Henderson from running a company for six years on top of his six-year-long bankruptcy, which is set to be lifted next month.
Chorus has named Telstra executive Kate McKenzie as its new chief executive, replacing Mark Ratcliffe who led the split of the telecommunications network operator from Telecom five years ago.
New Zealand's median house price rose 13% to a record in November, with all regions posting an increase, according to the Real Estate Institute.
Texas-based oil and gas explorer and producer Anadarko has joined a string of other oil majors in dropping an exploration licence in lightly explored offshore areas of New Zealand, although...
New Zealand wool prices fell at the latest weekly auction as more bales than expected were offered for sale.
Hellaby Holdings, which is engaged in a battle to fend off unwanted suitor Bapcor, has told shareholders it could move to break up the company to realise shareholder value.
Fonterra has told shareholders at its annual meeting the indicative payut level to its 10,500 farmer suppliers this season will be $6.40kgMS.
NXT-listed Oceania Natural, the food supplement firm, has reported a first-half loss after softer sales while it focused on building new direct channels in China.
Auckland UniServices, has set up an innovation institute in the Chinese city of Hangzhou, capital of Zhejiang province, to further develop commercial opportunities for its research.
Defence Minister Gerry Brownlee has announced New Zealand's defence plans out to 2030 include replacing the two Anzac-class frigates and adding transport aircraft.
Real estate prices in Central Otago Lakes are soaring, with the median house price up 42% in the past year.
New Zealand has delayed cracking down on multinational tax avoidance due to private sector concerns over timing and about "scaring away" foreign investment.
Vegetables New Zealand has signed an agreement with the government to share the cost of managing biosecurity procedures as it faced being charged for some of the costs with no input otherwise.
The New Zealand dollar fell to a four-week low on growing expectations the Reserve Bank will cut the official cash rate in November and after government figures showed the biggest monthly trade...
Financial services professionals and regulators are offering movie buffs the chance to get their fill of fraud in a two-day film festival in November.
New Zealand shares fell for a fourth straight day, though losses slowed today, with Tower, Kiwi Property Group and Investore Property.
New Zealand food prices posted their biggest monthly increase in at least three years in August as produce and grocery items got more expensive.
NZME will pay $55 million in cash and issue shares giving Australia's Fairfax Media a 41 percent stake if a planned merger of New Zealand's dominant publishers is given the go-ahead.