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ASB does deal with FMA over sales practices
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.
Which country has best super fund?
New research from JP Morgan reveals which country has the best-performing sovereign wealth fund in the world.
End looming for Greece's bailout
European leaders will meet tomorrow to see if they should give Greece more credit to stave off bankruptcy or cast it into the wilderness.
'Racial bias' in mortgage lending - study
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.
NZ dollar jumps above 70 US cents
The dollar jumped briefly above 70 US cents after the US Fed Reserve pulled back its projections for future interest rate rises.
Why Janet Yellen sounds more like a hawk
Yellen has long been categorised as what Fed watchers call a "dove," someone who favours looser monetary policy.
Dollar little changed after dip in dairy prices
The dollar was little changed, holding below 70 US cents, after a relatively small decline in dairy prices.
NZ dollar slips against euro overnight
The NZ dollar has slipped against the euro as breakdown in Greek debt negotiations stoke fears it will leave the Euro.
GDP slowdown tipped
Economists expect the pace of economic growth to have slowed when the March quarter national accounts are released on Thursday.
Dairy prices tipped to stay weak
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.
ASB drops fixed interest home loan rates
ASB customers should be in line for a drop in their home loan interest rates this month.
NZ dollar falls below 70 US cents
The NZ dollar touched 69.41 US cents ahead of the New York close, the lowest level since July 2010.
Breakthrough for first-home buyers
Major banks are set to drop deposit thresholds for apartments, making it easier for cash-strapped first-home hunters to get a foot in Auckland's rampant property market.
Auckland's 175th anniversary: Fall on steps can't stop rise of city
Paul Lewis looks at the link between the city's growth and the ASB, a sponsor of this series.
More banks announce mortgage rate cuts
Two more major banks have announced mortgage rate cuts following the Reserve Bank's decision yesterday to lower the official cash rate.
More rate cuts on the cards this year
The official cash rate cut to 3.25 per cent the Reserve Bank delivered yesterday and the follow-up one it has clearly foreshadowed may not be all we see this year.
NZD tipped to hit US60c this year
The New Zealand dollar could fall as low as US60c against the greenback this year following today's official cash rate cut, a market strategist says.
Paying by plastic on rise
Kiwis spent more on their electronic cards in May, as increased retailing of consumables offset a flat month.
Dollar edges ahead of RBNZ OCR decision
The NZ dollar edged up ahead of the Reserve Bank's monetary policy statement tomorrow.
Bank tellers warned as new data threat
Bank tellers and other branch workers have a wealth of client data at their fingertips and are able to swipe it.
NZ dollar gains as greenback weakens
The dollar advanced as the greenback weakened following reports Obama raised concerns of US dollar strength.
Index rises to highest level since March
New Zealand shares rose yesterday as investors shrugged off the prospect of higher global interest rates, and bought property stocks.
Dollar Outlook: Kiwi may decline this week
The dollar may fall this week as traders bet the Reserve Bank could reduce interest rates.
Dollar falls again
The kiwi touched 70.25 US cents over the weekend, its lowest level since August 2010.
Mountaineer's daughter sues US bank
A young New Zealand-born woman whose father and brother died trying to climb the world's deadliest mountain is battling one of the world's biggest banks over her inheritance.
Low milk prices risk to banks
Two successive years of low milk prices will increase pressure on the asset quality of New Zealand banks, says ratings agency Fitch.
NZ dollar drops to 4-month low against euro
The dollar touched a four-month low against the euro after the European Central Bank lifted its inflation forecast.
Dollar gains, shrugging off drop in dairy prices
The dollar rose even after dairy product prices unexpectedly fell in the latest GlobalDairyTrade auction.
NZ dollar hits lowest in almost 5 years
The kiwi touched 70.65 US cents in an illiquid market yesterday, its lowest level since August 2010.