
Swiss firms hit by currency move
More than 60 billion ($116 billion) was wiped off the value of Switzerland's leading companies after the central bank scrapped the cap on the Swiss franc against the euro.
More than 60 billion ($116 billion) was wiped off the value of Switzerland's leading companies after the central bank scrapped the cap on the Swiss franc against the euro.
Banks have started cutting interest rates as the busy house-hunting season heats up. So how will it affect would-be home-buyers?
Throughout modern history commercial banks have a nasty habit of periodically stuffing up the wider economy through bad lending, writes Peter Lyons.
The Reserve Bank of New Zealand's efforts to stifle house price inflation by using new policy tools has seen the institution named Central Bank of the year.
A New Zealand-based money broker will return voluntarily to his former home of Britain this year to face fraud charges and allegations he tried to manipulate international banking rates.
The Kiwi dollar rose to a 21-month high against the euro after data showed the Eurozone slipped into deflation.
The New Zealand dollar rose to its highest against the Australian dollar since the Aussie was floated in 1983.
Liam Dann writes: 2014 doesn't look like letting go early. In fact, like a good TV drama, it looks set to end on a cliff-hanger.
Don't fall into the trap of paying off your credit card at the minimum rate. Banks usually require 3-5 per cent of the total each month...
Russia's ruble was tanking on Tuesday faster than journalists could type, hitting levels against the dollar that were unimaginable even a week ago.
Most New Zealand corporates have learned how to deal with a high exchange rate and are now looking at the opportunities it presents for investing overseas, HSBC's New Zealand chief executive, Noel....
The New Zealand dollar fell as the continued decline in crude oil prices stoked concern that global economic growth may be faltering
A $6 billion drop in dairy farmers' incomes this season is a blow to the wider economy, no question, writes Brian Fallow. But it's not all bad.
The Financial Markets Authority has warned it may name and shame banks or even restrict their licences if alleged KiwiSaver mis-selling and switching practices are allowed to continue.
The Reserve Bank has left the Official Cash Rate unchanged at 3.5 per cent, saying any further rate hikes are likely to be at a later stage.
Annual house sales rose for the first time in 13 months, driven by higher value properties, according to REINZ data released today.