Banking and financeSign-up to Chinese infrastructure bank did not defy the US - officialsNew 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.13 Aug 02:20 AM
BDBDBanking and financeNZ dollar rebounds from 6-year lowThe rebound came as China intervened in the market to stabilise its currency, which had declined sharply.12 Aug 08:59 PM
Aged carePre-retirees need reality check: expertAn expert says many people are living in 'lala land' when it comes to how much they can earn off their savings.12 Aug 12:00 AM
Banking and financeASB posts record annual profitASB, which reported a record annual profit yesterday, is increasing rural provisioning as a slump in dairy prices puts increasing financial pressure on farmers.11 Aug 10:57 PM
BDBDBanking and financeNZ dollar edges lower on Chinese devaluationThe NZ dollar edged lower in Northern Hemisphere trading as investors weigh the impact of China's currency devaluation.11 Aug 08:41 PM
Banking and financeConfidence shockingly weakDownbeat 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....11 Aug 05:00 PM
Banking and financeNZ dollar falls as China devaluesThe NZ dollar fell sharply yesterday after the US dollar spiked higher in response to China's 1.9 per cent devaluation of the yuan.11 Aug 05:00 PM
Banking and financeApparel spend bounces backA 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.11 Aug 05:00 PM
BDBDBanking and financeKiwi drops after China devalues yuanThe kiwi dropped as low as 65.50 US cents, from 66.27 cents at 1pm, and was recently trading at 65.60 cents.11 Aug 03:05 AM
Banking and financeMortgagee sales rise by 50%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.10 Aug 11:40 PM
BDBDBanking and financeDollar little changed as Fed keeps US rate view intactThe dollar consolidated overnight as comments from Federal Reserve officials kept expectations intact for a rate hike.10 Aug 08:47 PM
Banking and financeNAB boosts quarterly profit 9%National Australia Bank has lifted its quarterly cash profit 9 per cent to A$1.75 billion after a fall in bad debts offset the effect of tough competition among lenders in Australia.10 Aug 05:00 PM
BDBDBanking and financeNZ Super Fund case okayed for courtThe case relates to a $199 million loan the New Zealand national pension fund made, and has since written off.10 Aug 04:38 AM
Banking and financeTougher rules can't repair banking's broken culturePost-crash financial reforms have failed to mend the banking industry's defective culture and hence repair its reputation.10 Aug 01:58 AM
BDBDBanking and financeNZ dollar outlook: Kiwi may riseThe kiwi may advance this week as traders have already priced in a weaker dairy sector.10 Aug 12:46 AM
BDBDBanking and financeNZ dollar rises in volatile tradingThe New Zealand dollar rose as high as 66.36 US cents due to volatile trading over the weekend.09 Aug 08:47 PM
Banking and financeImmigration decline may stunt AustraliaInternational travel figures released support suspicion that the economy's potential growth has been cut by slower population growth.09 Aug 05:00 PM
BDBDBanking and financeNZ dollar gains vs. poundThe kiwi rose to 42.22 British pence ahead of the Bank of England's policy review on Thursday in London.06 Aug 08:35 PM
BDBDBanking and financeNZ dollar dips below US65cThe kiwi dipped below US65c for the first time in six years as better than expected US data revived optimism.05 Aug 08:43 PM
Banking and finance'Rain Man' Hayes loses last Libor gambleNicknamed "rain man" for for his incredible recall, this is the story of Tom Hayes' nine-year Libor rigging saga.05 Aug 02:40 AM
BDBDBanking and financeNZ dollar drops after dairy prices declineThe kiwi was hit by a double whammy as dairy prices fell and a report stoked speculation the Fed would hike interest rates.04 Aug 08:28 PM
Banking and financeTrader's 14-year sentence for Libor rigging sends message to banksA 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.04 Aug 05:00 PM
Banking and financeNZ broker's associate gets 14-years jailAn alleged associate of a New Zealand resident accused of trying to manipulate international banking rates has been jailed for 14 years.03 Aug 11:25 PM
Official Cash RateCurrency trader jailed for 14 yearsA 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.03 Aug 10:50 PM
BDBDBanking and financeNZ dollar declines vs. AussieThe decline occurred ahead of the Reserve Bank of Australia's decision on interest rates today.03 Aug 08:41 PM
Banking and financeCampion gets onboard ANZ campaignTop of the Lake film maker Jane Campion has directed an ANZ Bank film campaign highlighting gender wealth disparity.03 Aug 02:27 AM
BDBDAged careSuper Fund sticks to strong equity weightingThe New Zealand Super Fund says it'll stick to a strong equities weighting following a five-year review.02 Aug 10:00 PM
BDBDBanking and financeNZ dollar jumps after weak US employment dataWeak data on US employment costs prompted traders to pull back expectations for US interest rate hikes.02 Aug 08:54 PM
OpinionWilliam Pesek: China's market intervention just another method of QEIt's time to call Beijing's stock-market intervention what it really is: quantitative easing, Chinese style, writes William Pesek.02 Aug 05:00 PM
BDBDBanking and financeNZ dollar continues its slide below 66 US centsThe dollar fell as the prospect of more easing by the Reserve Bank dented the appeal of the kiwi.30 Jul 08:46 PM
