
ASB Bank profit dips, impairments nearly halve
Profits have dipped at ASB Bank, but loan impairment charges have halved.
Profits have dipped at ASB Bank, but loan impairment charges have halved.
The Federal Reserve has voted to buy US Govt debt in a fresh bid to spur the world's biggest economy.
The financial crisis offically began three years ago.
Kiwibank has joined ANZ, Westpac and TSB today, moving to increase floating mortgage rates and cut longer term fixed rates.
Alllied Nationwide Finance had a debenture reinvestment rate of 29.3pc in May.
Rotorua's runaway millionaires continue to enjoy their ill-gotten fortune in Hong Kong and there is nothing NZ police can do about it.
I am going to resist the temptation to make fun of ING's new Australasian name: OnePath.
The NZ dollar is recovering this morning after a sharp fall yesterday.
World shares have fallen on unexpectedly bad US jobs data.
Stocks in the US advanced as better-than-expected expansion in private-sector jobs and the nation’s services sector eased some of the recent heightened concerns.
The Advertising Standards Authority has rejected a complaint that a Rabobank TV ad was a "gratuitous" use of sex appeal to try and sell an unrelated product.
ASB's decision to close a number of its retail funds caused a bit of a kerfuffle recently but it shouldn't have been a surprise.
Allied Farmers has unveiled a $19.3 million capital raising plan.
A judge says the five Feltex directors found not guilty of breaching financial reporting rules were "all honest men".
Feltex's five former directors have been found not guilty of breaching financial reporting rules.