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New Zealand Banking News is an EIN News Service for banking industry professionals. Constantly updated news and information about New Zealand Banking.
Latest New Zealand Banking News
- New Zealand Stocks Open Marginally Higher 25 Nov 2009 00:12 GMT
... (RTTNews) - The New Zealand share market opened marginally higher on Wednesday, ... relatively unchanged from the June projections. The central bank revealed expected unemployment levels of 9.3 ...
- South Korean Market Trades Lower; Banks, Shipping Stocks Decline 25 Nov 2009 05:52 GMT
... South Korean Market Trades Lower; Banks, Shipping Stocks Decline (RTTNews) - After moving up ... markets in the Asia-Pacific region, Australia, Indonesia, New Zealand and Taiwan are trading higher, while Shanghai ...
- Asia Stocks, Europe Futures, Aussie Rise; Japan Developers Fall 25 Nov 2009 09:05 GMT
... traded at 17,886 per dollar after the central bank devalued its currency and raised rates. The ... Tokyo fell 20.1 percent in October. Chinese banks dropped in Hong Kong as Goldman Sachs ... lost 3.3 percent to HK$4.47. Industrial & Commercial Bank of China Ltd., the world’s third-largest company ...
- JC Flowers in pursuit of UK bank assets 25 Nov 2009 07:11 GMT
... investor JC Flowers is circling Britain's weakened banking industry, prepared to swoop on forced divestments ... which was founded by former Goldman Sachs banker Christopher Flowers. Morgan is relocating to London to ... This month, the British government ordered the banks in which it is a major shareholder, including the ...
- Dollar Weakens on Global Optimism; Aussie Gains on RBA's `Upswing' Remarks 25 Nov 2009 10:15 GMT
... Nov. 25 (Bloomberg) -- The dollar fell against higher- yielding ... entered a “new upswing,” fueling speculation the central bank will raise “Japan’s trade data clearly ... in Tokyo at Chuo Mitsui Trust & Banking Co., a unit of Japan’s seventh-largest banking ...
- German Ifo survey supports euro 25 Nov 2009 05:53 GMT
... eurozone is persisting and lends the European Central Bank greater confidence in the economic recovery.” ... was dented by concerns over the global banking industry. In China, there were reports that a number of banks would be forced to raise capital. In Germany state-backed lender ...
- Zain Not for Sale 25 Nov 2009 11:53 GMT
... Rural Development Bank. Without divulging details, the Central Bank which by law supervises the activities ... law supervises the activities of all commercial banks in the country, confirmed earlier reports that the policies conducting ... its ability to continue carrying on its banking business in the normal manner," a statement ...
- Credit, cash or travel cards? 25 Nov 2009 12:54 GMT
... offers nine currencies - US, Australian, Canadian, New Zealand, Hong Kong and Singapore dollars, euros, British ... plastic money, global ATM networks and internet banking, travellers cheques may seem old-fashioned but they ... their use often limited to hotels and banks where encashment fees can be high. You also ...
- Housing Bubbles: Why are Americans Ignoring Reality? 25 Nov 2009 06:52 GMT
... Housing Bubbles: Why are Americans Ignoring Reality? Dr ... Australia 21,000, the United Kingdom 61,000 and New Zealand and Ireland around 4,400 each. The reason ... mortgage structures and delights in blaming the Bankers (banksters as he sometimes refers to them), ...
- Microsoft loses its Kiwi CFO 25 Nov 2009 11:14 GMT
... Chris Liddell (left) with Don McKinnon during a recent ... calls. “Still [I’ve] always enjoyed his adorkable New Zealand accent, even when it was talking econalypse ... February 2008 when him as "a former banker from New Zealand" and “the behind-the-scenes architect of ...
- Xcellink Defines Mobile Payments Marketplace as It Develops Applications and Rolls Out Its Patented 25 Nov 2009 09:13 GMT
... ), a developer of patented mobile payments and banking platforms, today commented on the growing marketplace ... ARIPO, Singapore, Australia, Vietnam, South Africa and New Zealand. This number represents over 60% of the ...
- SA distressed property sales picking up fast 25 Nov 2009 10:14 GMT
... Africa leads pack in global survey as banks worldwide reduce commercial real estate liabilities. South Africa ... expected to see the biggest rise with New Zealand, Italy, Malaysia and Germany next in line. ...
- Microsoft CFO to leave, look for bigger job 25 Nov 2009 00:14 GMT
... Microsoft CFO to leave, look for bigger job NEW ... the United States, Liddell was CEO of New Zealand forest products company Carter Holt Harvey Ltd, ... Ltd, and also worked as an investment banker. He will be succeeded as Microsoft CFO ...
- Norfolk posts 30% profit rise 25 Nov 2009 00:42 GMT
... Building services provider Norfolk Group Ltd has posted ... sectors and a slow recovery in the New Zealand economy,' Norfolk said in a statement on ... 2010. 'Norfolk continues to operate within its banking covenants and debt facility limits,' the company ...
- Exploiting our natural advantage 25 Nov 2009 02:11 GMT
... Fisher & Paykel Appliances topped the TIN 100 list ... / Glenn Jeffrey If there is anywhere New Zealand can look to improve its economic performance ... industry. The last of the 100 was banking software company Finzsoft, with $7.5 million in ...
- Norfolk profit up 30% 25 Nov 2009 02:15 GMT
... Building services provider Norfolk Group Ltd has posted ... sectors and a slow recovery in the New Zealand economy,' Norfolk said in a statement on ... 2010. 'Norfolk continues to operate within its banking covenants and debt facility limits,' the company ...
- Microsoft CFO to leave 25 Nov 2009 02:36 GMT
... Chris Liddell is looking for a bigger job at ... the United States, Liddell was CEO of New Zealand forest products company Carter Holt Harvey Ltd, ... Ltd, and also worked as an investment banker. He will be succeeded as Microsoft CFO ...
- Bidding to begin on MGM 25 Nov 2009 02:52 GMT
... MGM's murky future should start coming into focus by ... source close to the process indicated. Investment bankers Moelis & Co., hired in May by ... to go into production around spring in New Zealand with two films shot back-to-back by Guillermo ...
- ANZ 2009 Final Dividend - DRP, BOP and Exchange Rates 25 Nov 2009 05:23 GMT
... ANZ 2009 Final Dividend - DRP, BOP and Exchange ... NSW 2000 25 November 2009 Australia and New Zealand Banking Group Limited (ANZ) 2009 Final Dividend - ...
- NZ dollar rises on back of Aussie 25 Nov 2009 05:25 GMT
... The New Zealand dollar rose today in sympathy with a ... upbeat economic assessment from an Australian central banker. The Australian dollar rose to US92.55c at ...
- Dollar at 7-wk low on yen, Aussie pushes higher 25 Nov 2009 06:35 GMT
... TOKYO — The dollar ground to its lowest in seven ... the Australian dollar rose after a central banker and upbeat construction data supported expectations of a ... make headway against the yen, with the New Zealand dollar flat and sterling falling. Both are ...
- Speech: Chauvel - ETS debate third reading 25 Nov 2009 05:31 GMT
... Worse, the National Party, the Maori Party and Peter ... subsidy. I also sought to prohibit the banking of non-forest NZ units during this transitional ... The development of climate change policy in New Zealand has been controversial. There is no consensus ...
- Soromon vital in Manawatu challenge 25 Nov 2009 07:51 GMT
... challenge for major honours in the 2009-10 New Zealand Football Championship. Manawatu , with two wins ... United "imports" in former All White Campbell Banks. His effort has Soromon leading the race for ...
- Dollar volatility here to stay 25 Nov 2009 00:15 GMT
... houses and ship spare money out of New Zealand. We don't for a second believe Mr ... gradual movement underway globally toward giving central banks just the one goal rather than a mish ...
- Citi Expects Strong Economic Growth 25 Nov 2009 12:36 GMT
... for the U.S., Japan, the U.K., Australia, New Zealand, Hong Kong, Korea, Argentina, Hungary, Poland, the ... Turkey. The report also suggested that Central Banks are unlikely to hike key interest rates through ...
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