One critically injured after car plunges 40 metres down bank near Whatatutu
A St John ambulance spokesman said on Monday there was a young person in the vehicle taken to…
Serious crash closes SH2 north of Napier after car plunges off bank
In a statement, NZTA said because of the nature of the incident, the police serious crash team would…
Bank of Ayudhya expands overseas as Thai economy slows
Finance Acquisitions and advisory services anchor MUFG unit’s regional strategy: CEO The Bank of Ayudhya, known as Krungsri,…
Kiwibank scraps plan for part-privatisation for now, due to Reserve Bank capital rule change
It said it had the capital required to grow. Work had been underway to try to find investors…
ASB drops New Zealand milk price forecast to $9.20/kgMS after another weak Global Dairy Trade auction
Anhydrous milk fat prices were down another 5.2% after falling 9.8% at the last sale. “The pace and…
Reserve Bank makes it cheaper for banks to meet controversial capital rules – savings expected to be passed onto customers
The changes will enable banks to replace some of the high-cost, high-quality capital they have to hold with…
Auckland businessman who took $773k in ANZ commissions gets home detention
However, AIG commission records associated with the ANZ legacy products indicated commission payments were made payable to a…
Reserve Bank Governor Dr Anna Breman finally talks market down, as ANZ the latest to hike mortgage rates
ANZ is hiking its 18-month and two-year mortgage rates by 20 basis points, and its three, four, and…
Co-operative Bank hikes mortgage rates by massive 30 basis points
The bank’s standard two-year fixed rate will increase from 4.99% to 5.29%, while its three-year term moves from…
Thai central bank mulls over new credit guarantee measure for SMEs
Economy High credit risk has led to drop in loan approvals, squeezing companies’ liquidity Small and medium enterprises…
Reserve Bank Governor says there is no preset course for monetary policy after Westpac hikes interest rates
She declined the opportunity to explicitly talk the market up or down. Rather, she stressed a couple of…
Why fixed mortgage rates are headed up already after Reserve Bank cuts – Inside Economics
Banks’ answer is that their rates had already “priced in” the OCR reductions. But they need to produce…