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NZ dollar falls as data buoys greenback, commodities weaken

World's biggest bank steps up expansion

The world's largest bank, Industrial and Commercial Bank of China, is stepping up its international expansion to offset China's slowing economic growth, according to former chief executive Yang Kaisheng.

NZ dollar stable following China fall

It follows a period of volatile trading as investor confidence about weakness in China abated.

NZ dollar slumps to lowest level in six years

The New Zealand dollar slumped to its lowest level in six years as equities sank amid concerns about global growth.

Dollar climbs above US67c as greenback falls

The dollar rose as traders delayed their expectations for US interest rate hikes, broadly weakening the greenback.

Kiwi bank boss to give away $2.4m

Royal Bank of Scotland boss Ross McEwan follows through on his promise to return $2.4m of his share-based allowance by last week giving $1.2m to charity.

Mary Holm: Teen's card shock a cautionary tale

Q: A few years ago my daughter entered the workforce. She got a credit card with a limit of $500. Within a year the bank sent a letter raising the limit to $10,000.

NZ dollar gains as traders pare bets on Fed hikes

The New Zealand dollar gained as traders pare back bets for the Federal Reserve to hike interest rates next month.

Digital startup shaking up banking

Mondo chief has told UK regulators he wants to run a new type of bank.

Dollar little changed as traders await US Fed minutes

Brian Fallow: Banks' backing vital for farmers

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.

Kiwi dollar down as China worries fade

Sign-up to Chinese infrastructure bank did not defy the US - officials

New Zealand told a wary United States of its involvement in a new Chinese infrastructure bank from the start and those conversations were never tense, officials say.

NZ dollar rebounds from 6-year low

The rebound came as China intervened in the market to stabilise its currency, which had declined sharply.

Pre-retirees need reality check: expert

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

ASB posts record annual profit

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

NZ dollar edges lower on Chinese devaluation

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

Confidence shockingly weak

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....