Banking and finance
Kiwibank lifts loan and deposit rates
Kiwibank has raised its home loan and deposit interest rates this morning.
Latest from Banking
Stories and analysis from The Northern Express Herald.
OCR hiked to 3.25pc, dollar jumps
The Reserve Bank has just lifted the Official Cash Rate by 25 basis points to 3.25 per cent.
Rate rise likely but focus is on message
It will be no surprise at all if the Reserve Bank raises the official cash rate again on Thursday to 3.25 per cent
Slackers' World Cup goes to Chile
If you're planning to trade Chilean stocks during the World Cup, forget it.
Europe weighs anti-deflation steps
The European Central Bank is all but certain to cut interest rates today to try to boost ultra-low inflation and strengthen the wobbly recovery in the 18 countries that use the euro
Bitcoin grabs Dutch fancy
While big banks in China and the US are reluctant to do business with ventures focused on virtual currency, the Netherlands is now home to banks that are open to bitcoin.
How Wal-Mart, Google could steal young customers from traditional banks
T-Mobile, Wal-Mart, Google and a host of other retail, tech and telecom companies are now operating like banks and they are piquing the interest of young people.
Goldman says buy Brazil as it tips nation to win World Cup
Goldman Sachs say buy Brazilian stocks because the country will win the World Cup, giving a boost to the local equity market. But investors need to move fast as the gains won't last.
Confidence still high despite fall
Business confidence has declined for the third month in a row, ANZ's Business Outlook survey has found, though optimists still outnumber pessimists nearly 10 to one
