The Kiwi dollar will likely extend its run higher this week as the Australian currency looks set to test parity with the greenback, dragging the kiwi along with it.

What happens if two countries cannot agree on the appropriate value for their mutual exchange rate? All sorts of accusations start to fly around.

The IMF expects global growth to fall next year as the emerging economies which are leading the global recovery are unable to fully compensate for weaker demand in rich countries.

Are you swelling with national pride? New Zealand has once more been granted Aaa status by international credit-ratings agency Moody's.

It's clear the economy has become dependent on the debt growth fuelled by the housing market's ever-increasing values.

Economic growth in Asia and Latin America will help the rest of the world avoid a double dip recession, says the head of the IMF.

Following fast on the declaration of additional help for Hungary, Ukraine has announced that it too will apply for fresh funding; a loan of US$14.9 billion ($21.5 billion) to help plug the country's budget deficit and boost investor confide

People will never love banks - our relationships are necessarily fraught, and tainted by the suspicion we're being clipped for services of dubious value.