The dollar was little changed after dairy product prices jumped as expected at auction overnight.

NZ's five biggest banks continued to show strong earnings growth, but questions are being raised about whether this can be sustained.

The slip came as net interest income for ANZ Bank's NZ arm rose 4 per cent in the past financial year to $2.14 billion.

The NZ dollar rose ahead of tonight's GlobalDairyTrade auction amid expectations whole milk powder prices may gain.

If Mr Shearer is wise he should buy some shares in these businesses once he has sorted his overdraft problems. Better to be the predator than the prey, writes Peter Lyons.

Investors will soon have another option when it comes to beating the savings' rate on money in the bank.

In light of the stress the dairy industry is under right now, they really do need to take the longer-term view that they say they are taking, writes Brian Fallow.

An expert says many people are living in 'lala land' when it comes to how much they can earn off their savings.

ASB, which reported a record annual profit yesterday, is increasing rural provisioning as a slump in dairy prices puts increasing financial pressure on farmers.

The NZ dollar edged lower in Northern Hemisphere trading as investors weigh the impact of China's currency devaluation.

Downbeat economic commentary continued to flow yesterday, with Westpac saying it expects New Zealand's annual GDP growth to dip below 2 per cent, while ANZ's Truckometer is pointing to a clear....

The NZ dollar fell sharply yesterday after the US dollar spiked higher in response to China's 1.9 per cent devaluation of the yuan.

A surge in apparel spending has boosted New Zealand's total electronic card sales figures for the third month in a row, however this growth is likely to slow, according to economists.

The kiwi dropped as low as 65.50 US cents, from 66.27 cents at 1pm, and was recently trading at 65.60 cents.

The number of mortgagee sales has jumped nationwide in the past quarter as worsening economic conditions and lower dairy payouts hit parts of provincial New Zealand.

The case relates to a $199 million loan the New Zealand national pension fund made, and has since written off.

Post-crash financial reforms have failed to mend the banking industry's defective culture and hence repair its reputation.

The kiwi may advance this week as traders have already priced in a weaker dairy sector.

The New Zealand dollar rose as high as 66.36 US cents due to volatile trading over the weekend.

International travel figures released support suspicion that the economy's potential growth has been cut by slower population growth.

The kiwi rose to 42.22 British pence ahead of the Bank of England's policy review on Thursday in London.

The kiwi dipped below US65c for the first time in six years as better than expected US data revived optimism.

Nicknamed "rain man" for for his incredible recall, this is the story of Tom Hayes' nine-year Libor rigging saga.

The kiwi was hit by a double whammy as dairy prices fell and a report stoked speculation the Fed would hike interest rates.

A judge "sent a message" to the banking industry for its "dishonest and wrong" conduct after he sentenced a trader convicted of rigging the Libor rate to 14 years in prison.

An alleged associate of a New Zealand resident accused of trying to manipulate international banking rates has been jailed for 14 years.

A former Citibank and UBS trader is going to jail after a jury found him guilty of masterminding the manipulation of the key Libor interest rate.