![Kiwi dollar tumbles as US confidence slides](/pf/resources/images/placeholders/placeholder_l.png?d=870)
Kiwi dollar tumbles as US confidence slides
The New Zealand dollar has tumbled amid renewed concerns the global recovery may take longer than previously thought.
The New Zealand dollar has tumbled amid renewed concerns the global recovery may take longer than previously thought.
Kiwi Income Property Trust is considering raising $100 million to $150m, primarily to reduce debt.
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.
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.
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”.
A number of banks and large finance companies have made changes to deposit rates, with rates generally being pushed up.
Kiwibank is increasing its fixed mortgage rates for the second time this month.