
Asset prices look stretched
It is a time for investor caution as asset prices look increasingly stretched, warns Bank of New Zealand economist Stephen Toplis.
Stories and analysis from The Northern Express Herald.
A group of primary school children have solved a problem that our biggest bank couldn't solve - finding a way to let disabled people into its downtown Auckland branch.
Westpac New Zealand says it is gearing up to release a world first banking app that will allow customers to view their account details in 3D.
Auckland's biggest real estate agency, Barfoot & Thompson, said their house sale volumes fell in July, blaming winter and the election.
Three Chinese banks have leased offices in Auckland's central business district, putting further pressure on the stretched sector, says a leasing agent.
The New Zealand dollar dropped below US85c yesterday on news that the United States economy is growing at a pace brisker than expected.
The New Zealand dollar slumped to an eight-week low as the US dollar jumped on better than expected US second quarter growth data
The Japanese consumer lender at the centre of a scandal over loans to gangsters that engulfed Mizuho Financial Group sold debt at about a fifth of the premium global companies pay, as investors search for yield.
The New Zealand dollar dropped below 85 US cents for the first time in seven weeks after Fonterra cut its forecast payout to dairy farmers.
The New Zealand Bankers' Association is not aware of any problems with the local Bitcoin community getting access to banking services.
Bitgold. It's what you get when you combine bitcoin, one of the world's newest would-be currencies, and gold, one of the oldest.
Wheelchair users who can't get into a new bank branch in downtown Auckland say its inaccessible design makes New Zealand look like a "Third World" country.
Banking group HSBC sees economic growth picking up in China and the momentum continuing into next year.
Banks are once again wooing first-home buyers to apply for a mortgage, even if they do not have a 20 per cent deposit.
The New Zealand dollar was the weakest major currency overnight, touching a fresh six-week low.