
Brokerage returns clients funds
Global Brokers NZ has so far returned more than half of its clients' funds, says the Financial Markets Authority.
Global Brokers NZ has so far returned more than half of its clients' funds, says the Financial Markets Authority.
Three more banks have cut interest rates in a fight to attract customers. But are some customers being unfairly stung by refinancing fees?
Banks will need to "reinvent themselves" if they want to keep increasing shareholder returns, according to a new report.
Financial markets will this week find whether the Swiss National Bank's fears were well-founded when the European Central Bank announces its plan to revive economic growth.
A natural outcome of a market economy must be inequality of incomes. They are a necessary and desirable outcome, writes Peter Lyons.
Mega-miners BHP Billiton and Rio Tinto are expected to announce more record iron ore production this week despite the commodity's price dive.
Global fallout from the shock decision by Switzerland's move to remove the cap on the franc has widened with more traders and hedge funds closing or facing escalating losses.
The European Central Bank is set to unveil a programme of mass bond buying next week to save the eurozone from deflation.
Keeping up with the progress of the global economy is becoming a fiendishly complex sport, writes Liam Dann.
More than 60 billion ($116 billion) was wiped off the value of Switzerland's leading companies after the central bank scrapped the cap on the Swiss franc against the euro.
Banks have started cutting interest rates as the busy house-hunting season heats up. So how will it affect would-be home-buyers?
Throughout modern history commercial banks have a nasty habit of periodically stuffing up the wider economy through bad lending, writes Peter Lyons.
The Reserve Bank of New Zealand's efforts to stifle house price inflation by using new policy tools has seen the institution named Central Bank of the year.
A New Zealand-based money broker will return voluntarily to his former home of Britain this year to face fraud charges and allegations he tried to manipulate international banking rates.
The Kiwi dollar rose to a 21-month high against the euro after data showed the Eurozone slipped into deflation.
The New Zealand dollar rose to its highest against the Australian dollar since the Aussie was floated in 1983.
Liam Dann writes: 2014 doesn't look like letting go early. In fact, like a good TV drama, it looks set to end on a cliff-hanger.
Don't fall into the trap of paying off your credit card at the minimum rate. Banks usually require 3-5 per cent of the total each month...
HSBC has warned that Japan's barely disguised attempt to drive down the yen is becoming dangerous and may spin out of control, leading to an exchange rate crisis next year and a worldwide currency....