Economy

News and analysis of what's making the NZ economy tick
 
A trader works on the floor of the New York Stock Exchange. File photo / AP

Wall St up on Cisco climb

Wall Street climbed overnight, bolstered by gains in shares of Cisco and a ceasefire agreement between Russia and Ukraine…

 

Amway billionaires surface

Bringing the American way of selling skin-care products and vitamins to China helped make Amway the world's largest direct…

Chinese do deal on fraud probe

Chinese affiliates of the "Big Four" accounting firms have agreed to pay a total of US$2 million ($2.7 million) and provide…

NZ dollar rises against Aussie

File photo / NZ Herald

The New Zealand dollar rose above 96 Australian cents for the first time in five weeks, after data showed a weaker-than-expected…

Labour's cheaper leadership race

Labour's leadership contest roadshow carried less of a punch to the taxpayer's wallet than the last runoff in 2013, according…