
Dollar tumbles after Fonterra cuts payout to farmers
The New Zealand dollar dropped below 85 US cents for the first time in seven weeks after Fonterra cut its forecast payout to dairy farmers.
The New Zealand dollar dropped below 85 US cents for the first time in seven weeks after Fonterra cut its forecast payout to dairy farmers.
The New Zealand Bankers' Association is not aware of any problems with the local Bitcoin community getting access to banking services.
Bitgold. It's what you get when you combine bitcoin, one of the world's newest would-be currencies, and gold, one of the oldest.
Wheelchair users who can't get into a new bank branch in downtown Auckland say its inaccessible design makes New Zealand look like a "Third World" country.
Banking group HSBC sees economic growth picking up in China and the momentum continuing into next year.
Banks are once again wooing first-home buyers to apply for a mortgage, even if they do not have a 20 per cent deposit.
The Kiwi dollar shed almost one cent against the US after Reserve Bank governor Graeme Wheeler said the currency's strength was "unjustified"
The Reserve Bank governor Graeme Wheeler has raised the official cash rate as expected - leading the kiwi dollar to instantly take a tumble.
Finance Minister Bill English said the Kiwi dollar, which hit a record on a trade-weighted basis this year, is "unsustainably high".
After surviving for a decade on Wall St, a Kiwi banker comes home to throw himself into charity work because ‘it feels good’.
The Kiwi dollar extended its slide as the crash of a Malaysian jet in rebel-held Ukraine and a ground offensive in Gaza sapped risk appetite worldwide.
Competition among banks to attract companies trading in the fast-growing market between New Zealand and China is ramping up
China Construction Bank has been licensed by the Reserve Bank, making it the country's 24th registered lender.
New Zealand's dollar is the most overstretched in three years, trading patterns suggest, putting in jeopardy its chances of surpassing a record high.