BDBDBanking and financeDollar falls as traders focus on likely RBNZ rate cutTraders have put 78 per cent odds of Reserve Bank governor Graeme Wheeler cutting the official cash rate.07 Sep 08:43 PM
BDBDOfficial Cash RateRate cut certain - how low will banks go?The Reserve Bank is expected to cut interest rates this week, fueling belief that banks will follow suit and cut mortgage rates.06 Sep 10:30 PM
BDBDBanking and financeNZ dollar declines on US labour market dataThe NZ dollar declined after US labour market data left open the possibility of US interest rate hikes this month.06 Sep 08:43 PM
BusinessOnion thieves strike amid inflation warPrices of onion - a staple in diets of India nationals - have almost doubled since July, leading to a series of widely-reported heists in recent weeks.04 Sep 01:20 AM
Banking and financeFirst shot in mortgage rates war?BNZ reduces one-year fixed rate to 4.35 per cent ahead of Reserve Bank's expected announcement that OCR will be cut.03 Sep 09:45 PM
EconomyFirst house price fall in 6 monthsBarfoot & Thompson blames fall in Auckland market on winter weather, the Reserve Bank and international economic instability.02 Sep 10:40 PM
BDBDBanking and financeNZD declines as US signals economic expansionUS economic data has kept alive expectations the Federal Reserve may hike interest rates this month.02 Sep 08:41 PM
BDBDCompaniesWall St up as Apple, Microsoft offer valueWall Street rose overnight, recovering part of the previous day's selloff as investors found value in some shares.02 Sep 07:30 PM
CompaniesNZ stocks fall amid global volatilityThe NZX 50 closed down 1.2 per cent at 5590.2 yesterday following a plunge on Wall Street overnight that saw the S&P 500 index fall almost 3 per cent.02 Sep 05:00 PM
CompaniesNZX takes hit after Wall St slideNZ shares are being pummelled this morning after Wall St fell on renewed China fears.01 Sep 11:40 PM
BDBDBanking and financeDollar declines as investors exit higher risk tradesThe dollar fell after weak Chinese factory data yesterday raised concerns about a slowdown in Asia's largest economy.01 Sep 08:41 PM
BDBDCompaniesBig Wall St slide on more China fearsWall St followed the slide of equities in Europe and Asia overnight, amid mounting fears about the slowing pace of Chinese growth.01 Sep 08:09 PM
BDBDBanking and financeDollar drops as high yielding currencies soldInvestors are selling currencies such as the kiwi as they unwind so called 'carry trades'.31 Aug 08:37 PM
BDBDCompaniesWall St down as defensive positioning rulesWall St was down overnight as Fed officials left the door open for an interest rate hike this month.31 Aug 07:30 PM
ConstructionBuilding consents hit 10-year highLast month saw the highest number of new dwellings consented in a month since March 2005.30 Aug 10:42 PM
BDBDBanking and financeNZ dollar slips as US dollar strengthensThe USD strengthened after Fed Reserve officials signalled the US central bank is on track for a potential rate hike next month.30 Aug 08:39 PM
BDBDBanking and financeDollar lifts with other commodity-linked currenciesThe dollar edged up with gains limited by a stronger US dollar buoyed by better economic data.27 Aug 08:33 PM
EconomyAsia should call truce on currency warAsian policy-makers need to understand that currency devaluations aren't a cure-all, writes Bloomberg columnist William Pesek.27 Aug 12:30 AM
BDBDCompaniesWall St rallies as buyers find bargainsWall St rose overnight, rebounding from one of its worst slumps ever, as investors found value in beaten-down equities.26 Aug 07:55 PM
BDBDBanking and financeNZ dollar stable following China fallIt follows a period of volatile trading as investor confidence about weakness in China abated.25 Aug 08:40 PM
BDBDBanking and financeNZ dollar slumps to lowest level in six yearsThe New Zealand dollar slumped to its lowest level in six years as equities sank amid concerns about global growth.24 Aug 08:33 PM
BDBDBanking and financeDollar climbs above US67c as greenback fallsThe dollar rose as traders delayed their expectations for US interest rate hikes, broadly weakening the greenback.23 Aug 08:55 PM
BDBDBanking and financeNZ dollar gains as traders pare bets on Fed hikesThe New Zealand dollar gained as traders pare back bets for the Federal Reserve to hike interest rates next month.20 Aug 08:45 PM
BDBDBanking and financeNZ dollar back above 66 US centsThe dollar jumped after US Fed minutes pushed out expectations for a US interest rate hike, damping greenback demand.19 Aug 08:37 PM
BDBDCompaniesWall St drops on US rate hike rethinkWall St fell overnight after Fed minutes suggested interest rates may not be lifted next month.19 Aug 07:45 PM
BDBDBanking and financeDollar little changed as dairy prices bounceThe dollar was little changed after dairy product prices jumped as expected at auction overnight.18 Aug 08:39 PM
BDBDBanking and financeDollar gains ahead of expected pick-up in dairyThe NZ dollar rose ahead of tonight's GlobalDairyTrade auction amid expectations whole milk powder prices may gain.17 Aug 08:39 PM