|Supervisor: Eurozone bank profits still weak, mergers needed|
FRANKFURT, Germany (AP) " Europe's top banking supervisor says profits are "a weak spot" for financial institutions in the 19 countries that use the euro currency and that some should be "pushed out of the market" by merging with...
© 2017 NZ Herald Mon 11:05pm Asia markets mixed, haunted by uncertainty on trade, Brexit
TOKYO (AP) " Asian shares were mixed in lackluster trading on Tuesday, as markets searched for a dominant theme, weighing currency fluctuations, signs of growing protectionism and other uncertainties.KEEPING SCORE: Japan's benchmark...
© 2017 NZ Herald Tue, 21 Mar 7:05pm Economist: Trump policies likely to drive up dollar
FRANKFURT, Germany (AP) " When President Donald Trump this year said the dollar might be "too strong," he added a new twist to how the U.S. government talks about its currency.Going back to the 1990s, U.S. officials have repeated...
© 2017 NZ Herald Thu, 16 Mar 6:45pm Premier says China 'has no intention' to devalue currency to boost exports, exchange rate will stay 'generally stable'
BEIJING (AP) " Premier says China 'has no intention' to devalue currency to boost exports, exchange rate will stay 'generally stable'
© 2017 NZ Herald Wed, 15 Mar 6:05pm NZ dollar little changed in narrow range as Fed, growth data awaited
The New Zealand dollar was little changed, remaining in a narrow range of about 0.6 of a US cent that it first entered a week ago, with markets seemingly unwilling to move the currency until the Federal Reserve's rate hike intentions...
© 2017 NZ Herald Wed, 15 Mar 9:25am Robbers 'pose as police' in Johannesburg airport heist
The armed thieves stole a haul of foreign currency after posing as police, reports say.
© 2017 BBCWorld Wed, 8 Mar 8:05pm Razer's zVault virtual currency for gamers is like a mash-up of bitcoin and Xbox Live Points
Razer hopes its zVault virtual currency becomes used by gamers across the Web.
© 2017 PC World Wed, 8 Mar 8:25am Pet food and pharmacy buys pay off but currency brakes Ebos
The strong New Zealand dollar over the past six months shaved off more than $2 million off the the latest half-year profit of pharmaceutical and pet food supplier Ebos.
© 2017 Stuff.co.nz Wed, 22 Feb 4:15pm Mexico's central bank to offer peso coverage contracts
MEXICO CITY (AP) " Mexico's central bank says it will sell $20 billion in peso coverage contracts to cushion the risk of holding the country's currency.The Bank of Mexico said in a statement that "in recent months the peso has shown...
© 2017 NZ Herald Wed, 22 Feb 11:05am
Trump a key source of dollar volatility
US President Donald Trump is expected to be the main driver of currency volatility over the next 12 months according to Kiwi importers and exporters.ASB's latest Kiwi Dollar Barometer found that Trump will be the key driver of dollar...
© 2017 NZ Herald Mon 3:04pm China raises short-term interest rates after US increase
BEIJING (AP) " China's central bank raised short-term interest rates Thursday following the U.S. rate increase as Beijing tries to shore up the value of its currency and stanch an outflow of money.The People's Bank of China raised...
© 2017 NZ Herald Thu, 16 Mar 10:05pm Cathay Pacific Airways posts first annual loss since 2008
HONG KONG (AP) " Hong Kong's Cathay Pacific Airways has posted its first annual loss in almost a decade, blaming it on tough competition from rival airlines, slowing Chinese economic growth and a stronger currency.The airline said...
© 2017 NZ Herald Wed, 15 Mar 8:05pm NZ dollar little changed in narrow range as Fed, growth data awaited
The New Zealand dollar was little changed, remaining in a narrow range of about 0.6 of a US cent that it first entered a week ago, with markets seemingly unwilling to move the currency until the Federal Reserve's rate hike intentions are known tomorrow
© 2017 sharechat.co.nz Wed, 15 Mar 9:05am China's central banker says debt 'too high'
BEIJING (AP) " China's central bank governor says the country needs to control soaring corporate debt but has tried to reassure financial markets its currency will stay stable and the decline in its foreign reserves is no cause for...
© 2017 NZ Herald Fri, 10 Mar 7:25pm One-off costs hit tapware maker Methven
The shower and tapware maker, Methven, has reported a weaker half-year result after currency changes and significant one-off costs.
© 2017 RadioNZ Wed, 1 Mar 6:15pm