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Crisis brings us closer, says EU president
Those who think that the Euro will disintegrate are not fully aware of the dynamics of the European Union, the EU Commission President Jose Manuel Barroso said in Auckland today.
Share slump hammers Euro banks
Stocks in Europe and Italian fixed-income securities were pummelled on concern about the euro zone's debt crisis. The benchmark Stoxx Europe 600 Index ended the day with a 4.1 per cent drop.
Deborah Hill Cone: Wanted: Help, not handouts
Banks are holding on to their money, so why is the Government so generous with ours?
Kiwibank profit halves to $21m
Kiwibank's annual profit has more than halved as provisions for bad debts surged more than four times.
Westpac wrong to hold funds in accounting case
The Supreme Court has told lender Westpac New Zealand it was wrong to withhold client funds amid suspicions over where the money was going.