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'Hubbard didn't invest money as instructed' says receiver
Reciever says he's not surprised the SFO is looking at certain loans.

ASB's 'rounding up' savers net $75k
Over 9200 NZers have saved $75,000 in the two weeks since ASB launched a programme directed at helping customers save.

Sigh of relief on Wall St overnight
Shares on Wall St advanced overnight, helped by better-than-expected results from Citigroup and expectations the Federal Reserve would further ease monetary policy.

Tame inflation may show high dollar is doing Bollard's work
New Zealand probably recorded the tamest inflation in a decade in the third quarter, helped by a tepid economy and a rapidly appreciating currency.

Start buying houses, says Kiwibank boss
New Kiwibank head Paul Brock is urging potential first home buyers not to be spooked and to go out and buy, so long as they can afford to.

The great American mortgage crisis deepens
After the Subprime Mortgage Mess, the US Foreclosure Fiasco.