ASB's 'rounding up' savers net $75k
Over 9200 NZers have saved $75,000 in the two weeks since ASB launched a programme directed at helping customers save.
Over 9200 NZers have saved $75,000 in the two weeks since ASB launched a programme directed at helping customers save.
Shares on Wall St advanced overnight, helped by better-than-expected results from Citigroup and expectations the Federal Reserve would further ease monetary policy.
New Zealand probably recorded the tamest inflation in a decade in the third quarter, helped by a tepid economy and a rapidly appreciating currency.
New Kiwibank head Paul Brock is urging potential first home buyers not to be spooked and to go out and buy, so long as they can afford to.
After the Subprime Mortgage Mess, the US Foreclosure Fiasco.
Equities on Wall Street welcomed clarification about Federal Reserve policy makers' plans for further monetary easing to help propel US economic growth.
The economic recovery is proving 'brittle, uncertain, and full of surprises', Reserve Bank Governor Alan Bollard says.
The New Zealand dollar held above 75 US cents as the greenback rallied after China boosted the level of cash that six of its biggest banks need to keep on hand.
The Kiwi dollar will likely extend its run higher this week as the Australian currency looks set to test parity with the greenback, dragging the kiwi along with it.