
Europe urges Tsipras to step back
While Tsipras' decision to hold a ballot increased the risk of Greece exiting the euro, evidence of contagion elsewhere was limited.
While Tsipras' decision to hold a ballot increased the risk of Greece exiting the euro, evidence of contagion elsewhere was limited.
New Zealanders grew more downcast about the state of the labour market in the second quarter, with a softer outlook for wage growth weighing on confidence.
Currency traders will be on tenterhooks this week as the Greek sovereign debt crisis goes from bad to worse, with more downward pressure likely to come on the Kiwi dollar.
The world’s stockmarkets have started to feel the impact of Greece’s looming financial disaster and New Zealand is not immune.
The kiwi dollar has fallen gain, as the Greece debt crisis pushes investors into 'safe havens".
It is crunch time for Greece. Again. Yes, you've heard that before, probably many times since the country's debt crisis first blew up around 2009.
Convicted former Capial + Merchant boss Neal Nicholls will forfeit assets worth $1.8m to the police.
The swiftness of the New Zealand dollar's drop in recent weeks has taken many businesses by surprise, says ASB Bank.
The New Zealand dollar rose from a five-year low as investors weighed up the outlook for the US economy and interest rate increases.
The New Zealand dollar hit a fresh five-year low as traders firm up expectations for more interest rate cuts.
The way ASB sells its term funds and interest rate swaps will be independently reviewed after the bank reached a settlement with the Financial Markets Authority.
New research from JP Morgan reveals which country has the best-performing sovereign wealth fund in the world.
European leaders will meet tomorrow to see if they should give Greece more credit to stave off bankruptcy or cast it into the wilderness.
Question marks remain over whether Milford Asset Management will reclaim its $281 million active equities mandate with the New Zealand Superannuation Fund.
The former New Zealand boss of JPMorgan Chase will need to bring any claim against the bank in the District or High Court.
Researchers say they are shocked to find an apparent racial bias against people who "look Maori" - but real estate agent Mike Pero is not surprised.
The Milford Asset worker who allegedly carried out manipulative trading activities has gone on extended leave, effective today.
The dollar jumped briefly above 70 US cents after the US Fed Reserve pulled back its projections for future interest rate rises.
Yellen has long been categorised as what Fed watchers call a "dove," someone who favours looser monetary policy.
The account surplus was larger-than-expected in the first quarter as spending by tourists widened the services balance.
The dollar was little changed, holding below 70 US cents, after a relatively small decline in dairy prices.
The NZ dollar has slipped against the euro as breakdown in Greek debt negotiations stoke fears it will leave the Euro.
Economists expect the pace of economic growth to have slowed when the March quarter national accounts are released on Thursday.
More falls in dairy prices are expected in the next few months, but futures market pricing suggests a mild bounce-back might take place at tomorrow's GlobalDairyTrade auction.