The Strait of Hormuz, a chokepoint for energy transport where a fifth of the world’s oil typically passes, was largely closed even though the US repeatedly demanded that the strait must be reopened.
Business
0 min ago
An internal email sent to staff – signed by board chair Steven Joyce and chief executive Michael Boggs – outlined NZME's response and review "key findings".
4:23pm
Governor Anna Breman says the RBNZ is ready to act if there are signs that higher inflation is getting embedded in the economy.
12:57pm
2:21
The morning's headlines in 90 seconds, including weather watches in place ahead of Cyclone Vaianu, a serial killer pleads guilty, and rollercoaster riders stuck in baking heat.
9:09am
1:29
New figures reveal the enquiries consumers lodged with the Commerce Commission.
6:00am
News of a potential ceasefire and reopening of the Strait of Hormuz has sent the price of Brent crude sliding, but its impacts on Kiwi motorists are still to be felt.
Wednesday 7:26pm
3:50
Follow 1News' live updates as the Reserve Bank announces its decision on the official cash rate (OCR).
Wednesday 4:47pm
Oil prices dropped and US stock futures jumped after President Donald Trump held off on his threat of devastating attacks on Iran.
Wednesday 12:35pm
Infometrics chief forecaster Gareth Kiernan said everything in Australia costs visitors from NZ considerably more than a year ago.
Wednesday 11:18am
"We down in Central Hawke's Bay haven't even got bridges repaired from Cyclone Gabrielle and yet this government are prepared to pour another $18 million into this zombie project," one opponent said.
Environment
Wednesday 10:06am
Air New Zealand's chief executive said the airline "may have to make some more impactful decisions" as the conflict in the Middle East continues.
Wednesday 8:56am
1:30
Interest in electric vehicles and home solar power has been piqued by rising oil prices sparked by the war in Iran.
Wednesday 6:00am
Overall commodity prices are at record highs with the war in the Iran generating risks and rewards for New Zealand exporters.
Tue, Apr 7
A spokesperson for the airline confirmed it had made "a small number of schedule changes for travel across May and June," as a result of the ongoing impact of high jet fuel costs.
Infometrics chief executive Brad Olsen said the Reserve Bank will not want to have a "knee jerk" reaction to the ongoing situation.
Although Easter is associated with family time and plenty of treats – the rules around what’s open can cause confusion.
Sun, Apr 5
Figures from the country's biggest bank shows the impact of the start of the fuel price rise on New Zealanders' spending.
Thu, Apr 2
A scrawny hippie and a nerdy engineer who became prank-playing friends vowed to change the world when they founded a Silicon Valley start-up on April Fools' Day 50 years ago.
Legislation to ease alcohol restrictions over Easter, Anzac Day, and Christmas has passed its third and final reading.
Wed, Apr 1
Two mills belonging to Japanese-owned Juken NZ are facing uncertain futures with the company saying it had not been able to make them sustainable.
ACT has a private member's bill to abolish the Broadcasting Standards Authority, which Peters hinted his party would support.
Greenpeace Aotearoa is claiming victory against dairy giant Fonterra for misleading butter packaging it labels as "greenwashing".
UCon Construction Ltd plead guilty to three charges after sediment and concrete slurry repeatedly escaped from an Auckland building site into the city’s wider stormwater network in 2024.
The sustainable footwear brand was founded by ex-All White Tim Brown, and its products were worn by the likes of Barack Obama, Leonardo DiCaprio, and Silicon Valley executives.
Figures provided to 1News by Westpac, based on a comparison of major supermarket prices, show Kiwis are paying noticeably more for common Easter items.
