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Dollar surges on jobs stats, Bollard speech
The kiwi dollar has surged in value after a stunningly low unemployment stat and a speech by Alan Bollard.
NZ economy trucking again: Bollard
NZ's recovery from the financial crisis is entering a "new, less fragile stage" but the Reserve Bank will keep its "foot on the gas".
Rogue trader: 'I was only a prostitute in great banking orgy'
France's €5 billion rogue trader says his losses should be blamed on a world banking industry "disconnected from reality".
Greece agrees to savage cuts
Greece and the wider eurozone scrambled back from the brink of disaster again on Friday as the outline of an IMF/eurozone rescue package emerged.
Yellow Pages chief plays down sale talk
Yellow Pages Group chief executive Bruce Cotterill is playing down prospects of a sale as a committee of bankers ponders the future of the company.
<i>Bernard Hickey: </i>Tightening without hiking the OCR
The Reserve Bank has slightly opened its forecast window for the first rate hike by a month or two in this morning's statement.
OCR steady, rates to rise 'over coming months'
Official interest rates are staying at 2.5pc but Reserve Bank governor Alan Bollard hints increases are likely 'in coming months'.