|What trade war? Record highs on Wall St|
US stock benchmarks continued their ascent Thursday on news from China about tariff and currency moves that could ease trade tensions. Treasury yields remained near their highest level this year. The US dollar slid.The S&P 500 Index...
© 2018 NZ Herald Fri 7:16am Japan digital currency exchange hacked, losing $60 million
TOKYO (AP) — A Japanese digital currency exchange has been hacked, and 6.7 billion yen ($60 million) worth of cryptocurrencies are gone.Tech Bureau Corp. said Thursday a server for its Zaif exchange was hacked for two hours last...
© 2018 NZ Herald Thu 5:56pm Turkish central bank raises key interest rate from 17.75 percent to 24 percent amid currency drop
ANKARA, Turkey (AP) — Turkish central bank raises key interest rate from 17.75 percent to 24 percent amid currency drop.
© 2018 NZ Herald Thu, 13 Sep 11:55pm Viewpoint: What can stop India's rupee plunge?
The currency's sharp fall has raised concerns that fuel prices in the country will climb.
© 2018 BBCWorld Thu, 13 Sep 2:15pm Marshall Islands warned against adopting digital currency
The International Monetary Fund says the tiny nation should rethink adopting a digital currency.
© 2018 BBCWorld Wed, 12 Sep 4:15am NZ dollar drops as investors seek safe havens from Trump's trade war
The New Zealand dollar fell against the yen as investors flocked to the relative safety of Japan's currency ahead of US President Donald Trump's decision on whether to impose tariffs on another US$200 billion (NZ$303 billion) of Chinese...
© 2018 NZ Herald Fri, 7 Sep 9:15am Falling kiwi insulates exporters in August, pushing up local currency commodity prices
A 2 percent decline in the kiwi dollar on a trade-weighted basis offset weaker global commodity prices in August, meaning local exporters registered an increase for the month
© 2018 sharechat.co.nz Wed, 5 Sep 1:46pm Jittery investors pull money out of Argentina as currency crisis deepens
Argentina's currency crisis deepened on Thursday as an emergency interest-rate increase to 60 per cent failed to stop jittery investors from pulling their money out of the country.
© 2018 Stuff.co.nz Fri, 31 Aug 8:45am
Turkey expects lower growth amid currency turmoil
ISTANBUL (AP) — Turkey expects lower economic growth in coming years amid concerns over inflation and a sliding currency.Treasury and Finance Minister Berat Albayrak presented the government's economic plan Thursday, targeting 2.3...
© 2018 NZ Herald Fri 0:35am Comment: Euro pipe dream holds no currency
COMMENT: Over the next ten years, it will become the global currency of choice. Central banks will be stockpiling it in their vaults. Oil will be priced in it. So will gold and most other commodities, while traders will make it...
© 2018 NZ Herald Sat, 15 Sep 2:35pm Turkey bans use of foreign currency in property market
Property contracts must now be agreed in lira as President Erdogan moves to revive the currency.
© 2018 BBCWorld Fri, 14 Sep 2:35am The Latest: Turkish central bank raises rates sharply
ANKARA, Turkey (AP) — The Latest on Turkey's financial turmoil (all times local):2:15 p.m.Turkey's central bank has raised its key interest rate sharply, from 17.75 percent to 24 percent, to contain inflation and support the currency...
© 2018 NZ Herald Thu, 13 Sep 11:55pm Marshalls warned against adopting cryptocurrency
The Marshall Islands has been warned by the International Monetary Fund against adopting a digital currency, or cryptocurrency, as a second form of legal tender.
© 2018 RadioNZ Wed, 12 Sep 2:15pm Turkey's economy slowed in second quarter as currency slid
ANKARA, Turkey (AP) — Official data show that Turkey's economy slowed in the second quarter of 2018 as its currency was sliding.The figures released Monday by the Turkish Statistics Institute indicated that the economy grew by 5.2...
© 2018 NZ Herald Mon, 10 Sep 8:35pm NZ dollar falls vs yen as investors seek safe havens ahead of Trump's China tariff decision
The New Zealand dollar fell against the yen as investors flocked to the relative safety of Japan's currency ahead of US President Donald Trump's decision on whether to impose tariffs on another US$200 billion of Chinese imports
© 2018 sharechat.co.nz Fri, 7 Sep 8:45am Turkey raises tax on foreign currency savings to help lira
ANKARA, Turkey (AP) — Turkey has raised a tax on foreign currency deposit accounts and scrapped another on lira savings as it tries to shore up its struggling currency.According to a decision published in the Official Gazette on...
© 2018 NZ Herald Fri, 31 Aug 7:55pm