Latest Finance Headlines

HiFX Morning Update - January 20 2017

Fri, 20 Jan 2017 08:29:51 +1300 | HiFX

The NZDUSD opens at 0.7159 (mid-rate) this morning. More >>

Reserve Bank Bulletin looks at forecasting model

Thu, 19 Jan 2017 12:13:08 +1300 | Reserve Bank

The Reserve Bank has released a Bulletin article examining the core macro-economic model it uses to support the monetary policy decision making process. More >>

Heartland names Air NZ's David Mackrell as new CFO

Thu, 19 Jan 2017 12:09:45 +1300 | BusinessDesk

Jan. 19 (BusinessDesk) - Heartland Bank has named Air New Zealand deputy finance boss David Mackrell as its new chief financial officer. More >>

Warehouse Money Purple Visa Card wins Canstar Award

Wed, 18 Jan 2017 11:55:16 +1300 | The Warehouse Group

The Warehouse Money Purple Visa Card has been recognised for providing outstanding value to customers in the Canstar Credit Card Awards. The award for the Warehouse Money Purple Visa Card was revealed today in Canstar’s annual ratings for Best ...More >>

HiFX Morning Update, January 18 2017

Wed, 18 Jan 2017 08:52:31 +1300 | HiFX

The NZDUSD opens at 0.7194 (mid-rate) this morning. The NZD is at a five week high against the USD with the USD continuing to struggle following Donald Trump's warning that an elevated domestic currency would dampen US competitiveness. The NZD received ...More >>

HSBC exposed as the banker behind Indonesia’s deforestation

Tue, 17 Jan 2017 13:51:53 +1300 | Greenpeace International

Tuesday, 17 January, 2017 - Greenpeace International exposed in a new report today how HSBC, Europe’s largest bank, loaned hundreds of millions of US dollars to some of the most destructive palm oil companies in Indonesia. [1]More >>

HiFX Morning Update, January 17 2017

Tue, 17 Jan 2017 08:59:30 +1300 | HiFX

The NZD which had extended its recent gains against all its rivals during the morning trading session yesterday, quickly returned to its opening levels as investors sold risk in favour of safe havens ahead of tonight’s Brexit speech.More >>

Organised crime getting easy ride under National

Mon, 16 Jan 2017 13:47:42 +1300 | New Zealand Labour Party

Under-resourcing from the National-led Government is seriously undermining the Police’s ability to combat organised crime, says Labour’s Police spokesperson Stuart Nash. More >>

HiFX Morning Update - January 16 2017

Mon, 16 Jan 2017 08:54:05 +1300 | HiFX

The USD continued to slip lower on Friday with the NZDUSD spiking to a new 2017 high of 0.7140, with the US looking forward to a long weekend as they celebrate Martin Luther King Day, today there was little reaction to their economic data releases ...More >>

Key deadline for Veritas on future of Nosh supermarkets

Fri, 13 Jan 2017 14:01:12 +1300 | BusinessDesk

Jan. 13 (BusinessDesk) - Auckland-based Veritas Investments said on Friday it is still working through the process ahead of a deadline to present a plan for its unprofitable Nosh supermarket business to ANZ Bank New Zealand.More >>

RBNZ announces two senior management appointments

Fri, 13 Jan 2017 11:28:07 +1300 | Reserve Bank

The Reserve Bank has appointed Klarissa Plimmer as Chief Information Officer and Patrick Hoerler as Head of Risk Assessment and Assurance. More >>

HiFX Morning Update - January 13 2017

Fri, 13 Jan 2017 08:37:59 +1300 | HiFX

The NZD is flying high particularly against the USD and GBP, since Donald Trump’s press conference yesterday morning. The NZD/USD has traded a 98 point range or 1.4% in the last 24 hours.More >>

Property values drop in parts of NZ as the LVR takes effect

Thu, 12 Jan 2017 13:36:10 +1300 | QV Valuations

The latest monthly QV House Price Index shows that nationwide residential property values for December increased 12.5% over the past year. Values rose by 1.3% over the past three months and are now 51.5% above the previous market peak of late 2007. ...More >>

NZ dollar continues drop against Aussie dollar

Thu, 12 Jan 2017 08:37:17 +1300 | BusinessDesk

Jan. 11 (BusinessDesk) - The New Zealand dollar traded at its lowest level against the Australian dollar since November, and has fallen more than 2 percent since the start of 2017 as it broke out of a key trading range. More >>

HiFX Morning Update, December 12 2017

Thu, 12 Jan 2017 08:33:06 +1300 | HiFX

The Kiwi is up against the USD, EUR, GBP & JPY, but steady with the AUD. The NZD/USD has traded a 127 point range or 1.8% in the last 24 hours. More >>

Pushpay's 3q update confirms 2017 ACMR and breakeven target

Wed, 11 Jan 2017 13:48:13 +1300 | BusinessDesk

Jan. 11 (BusinessDesk) - Pushpay Holdings, the mobile payments app developer, says its annualised committed monthly revenue (ACMR) grew US$8.4 million in the December quarter, including US$1.1 million it made from acquiring US church app business ...More >>

ANZ sells UDC Finance to China's HNA Group for $660 million

Wed, 11 Jan 2017 13:04:13 +1300 | BusinessDesk

Jan. 11 (BusinessDesk) - ANZ Bank New Zealand has sold UDC Finance to HNA Group for $660 million, marking the Chinese company's first foray into New Zealand. More >>

Industrial and Commercial Bank of China Welcomed

Wed, 11 Jan 2017 11:11:46 +1300 | NZ Bankers' Association

The New Zealand Bankers’ Association announced today that the Industrial and Commercial Bank of China (New Zealand) Ltd has joined the association, bringing the total number of member banks to 16.More >>

ANZ announces sale of UDC Finance

Wed, 11 Jan 2017 10:05:47 +1300 | ANZ Bank

ANZ Bank New Zealand Ltd announced today it has agreed to sell its asset finance business, UDC Finance, for NZ$660 million to HNA Group, a Fortune Global 500 company focused on tourism, logistics and financial services. ANZ New Zealand CEO David Hisco ...More >>

HiFX Morning Update - Januarty 11 2017

Wed, 11 Jan 2017 08:12:36 +1300 | HiFX

The Kiwi is down against all of its major trading partners overnight. It traded an 89 point range or 1.3% against the USD in the last 24 hours. More >>

 

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