Runaway millionaires still at large after six months
Police are still seeking Chinese help to find Leo Gao and Kara Hurring who skipped the country with millions of of Westpac's money.
Police are still seeking Chinese help to find Leo Gao and Kara Hurring who skipped the country with millions of of Westpac's money.
A high-flying NZ banking exec says she was hounded out of her $250,000 pounds ($578,000) a year job in London by sexist Japanese bosses.
The NZ dollar may keep falling this week as investors get jittery about the speed and strength of the global recovery .
The New Zealand dollar has tumbled amid renewed concerns the global recovery may take longer than previously thought.
The Reserve Bank has left official interest rates unchanged at 2.5 per cent this morning, while confirming they are not likely to rise till the second half of next year.
Interest rates have been left on hold by the Reserve Bank this morning, with governor Alan Bollard confirming again that he intends to keep them low till "the latter part of 2010".
BNZ claims it has suffered no adverse customer reaction following its tax problems with the IRD.
Another plunge into global recession in 2010 or 2011 is being tipped by expatriate economist Robert Wade.
The kiwi dollar has fallen below 75US cents as more signs of recovery in the US economy are seen.
Many New Zealanders don't trust the finance sector - financial advisers and the companies that provide investment products.
The Reserve Bank is expected to signal on Thursday an earlier start to interest-rate tightening.
A syndicate of scammers buys a luxury lifestyle after obtaining the credit card details of genuine bank customers.
More proof today, as if it were needed, that Barack Obama's administration “gets it”.