Banking stories - Page 90

Graeme Wheeler yesterday disappointed traders betting on a gloomy outlook for the local economy when he kept the key rate unchanged.

Work is underway to review what the central bank thinks is a neutral setting - where the OCR neither stimulates nor holds back economic growth.

The Commerce Commission expects the final draft determination around Chorus's pricing of its regulated telecommunications copper network in May, with.

The Reserve Bank has removed the prospect of future interest rate hikes from its forecast horizon as a strong kiwi dollar and cheap oil hold down infl.

State-owned coal miner Solid Energy is preparing for more redundancies at its Stockton mine, near Westport, as slumping global prices for coking coal.

The New Zealand dollar fell sharply after government officials said police have been investigating threats to contaminate infant formula and related d.

New Zealanders increased spending on debit and credit cards in February, led by gains in hospitality and apparel as low inflation makes households mor.

PM Key predicts further inflation dip and suggests prolonged low interest rates, as RBNZ mulls rate cut amid house pricing pressures.

As the Cricket World Cup bowls over fans, learn the top 5 cyber-safety tips to dodge online threats, advises Trend Micro.

The major banks are breathing a sigh of relief that the Reserve Bank of New Zealand has dropped proposals that would have deemed anyone owning five or.

New Zealand's economy is expected to grow at an annual pace close to three percent this year as increased building activity in its two biggest cities,.

New Zealand residential building activity rose for the first time in three quarters in the final three months of 2014, led by earthquake-related rebui.

Samsung unveils new flagship smartphones, Galaxy S6 and Galaxy S6 Edge, at Mobile World Congress in Barcelona.

New Zealand's terms of trade fell for a second straight quarter in the final three months of 2014, as prices and volumes of dairy exports declined, wh.

Despite CIOs claiming security as a priority, IDC reveals a startling gap between their concerns and actions in New Zealand.

After testing Xero out, I've come to realise that there’s always an exception to the rule, and Xero definitely fits the bill (or should I say invoice).

NZX head of policy and legal Robin Dey has resigned after seven years with the company, and her role has been split by the stock market operator.

The New Zealand Superannuation Fund has so far spent about $150,000 in legal fees as part of its case to overturn a decision by the Bank of Portugal t.

Wall Street edged higher, trading near record highs, as Federal Reserve Chair Janet Yellen gave a second day of testimony to Congress.

Kiwibank, the government owned lender and subsidiary of New Zealand Post, has taken urgent action and frozen some customer accounts after two of its.