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NZX benchmark hits record high
The benchmark NZX 50 Index hit its highest point yesterday and has risen by 17 per cent in 2014, marking another golden year for local equities.
The benchmark NZX 50 Index hit its highest point yesterday and has risen by 17 per cent in 2014, marking another golden year for local equities.
Two consumer finance companies directed by New Zealand businessman Allan Hawkins are facing criminal charges that alleges their repossession and debt recovery practices breached the Fair Trading Act.
A failed Fiji resort development that Bridgecorp directors poured $106 million has today been officially restarted by the island's nation's prime minister.
Voyager Internet has taken out the top spot in this year’s Deloitte Fast 50 Awards after growing 1391 per cent this year.
ANZ New Zealand boosted annual earnings 17 per cent as the local unit of Australia & New Zealand Banking Group benefited from home loan lending growth and bedded down savings from the integration of the National Bank brand.
Financial markets have been gripped by investor fear in recent days but the boss of the $26 billion New Zealand Superannuation Fund reckons volatility is as much an opportunity as a risk.
A Nelson man described as the "mastermind" behind an A$30 million "Ponzi" scheme has been ordered to give up possession of two properties.
The financial tech trend is seeing younger investors turning to robo-adviser apps rather than traditional financial advisors.
A British organisation has released a report titled "Virtuous Banking", which offers suggestions for reforming the financial industry.
We all know that we should save to ensure our golden years really do turn out to be what the name suggests but why do we find it so hard to do so?
KiwiSaver members should pay close attention to how much their providers are charging, a global research firm has warned.
The Japanese consumer lender at the centre of a scandal over loans to gangsters that engulfed Mizuho Financial Group sold debt at about a fifth of the premium global companies pay, as investors search for yield.
China Construction Bank has been licensed by the Reserve Bank, making it the country's 24th registered lender.
Check out a replay of our noon live chat on retirement savings - how much do we need to save?
A finance company has gone to the High Court to extend freezing orders over two properties as it chases down a $300,000 loan taken out by a now-bankrupt and struck-off lawyer.
Companies including Ebos, BNZ, Milford Asset Management and Craigs Investment Partners took home awards at a major finance industry event in Auckland last night.
Just one in 10 people know who to complain to if they have a dispute with their bank, insurer or financial adviser - and that's not good enough, says the head of the FMA.
Barclays has been accused of trying to silence criticism of its bonus culture after a director slapped down a shareholder for speaking out over its pay practices.
New Zealand's market watchdog now has an "immensely powerful, proactive toolbox" to stamp out misleading behaviour says a major law firm.
Kiwis who accepted low-ball share offers sold their investments at $290,000 below market value in the year to February, despite rules aiming to limit the practice.
New Zealand's biggest house builder has launched its own "no tears" finance company, expecting to lend up to $150 million annually after clients struck problems getting mortgages.