Search Results for: New Zealand Banking Group Limited
Asian stocks turn negative on Fed uncertainty
September 25th, 2015
Asian stocks lost steam in choppy trade on Friday, mirroring the lackluster lead from Wall Street amid uncertainty over U.S monetary policy. In a speech that occurred after the market close, Federal Reserve chair Janet Yellen said that an ...
Greece Risk May Pose Black Swan Dangers for Emerging Markets
June 30th, 2015
Here we go again. A flight to haven assets has begun as Greece’s economy faces a tailspin, sparking concern defaults and bank collapses could spill over to other European nations, and impose a global impact. This time, though, Europe ...
China’s PMI records slight improvement
June 3rd, 2015
China‘s manufacturing activity improved slightly in May, while the service sector continued to weaken, indicating complications in the world’s second-largest economy, a survey showed yesterday. The official Purchasing Managers’ Index, a comprehensive gauge of operating conditions in large state-owned ...
International and regional bodies that combat money laundering (part B)
March 2nd, 2015
Introduction Money laundering is a global phenomenon that thrives parasitically on the world’s financial markets. It ignores national boundaries in much the same way that the financial market place does. It has been accepted that this problem requires both ...
Sydney Yuan Hub Seen Saving Importers 7% in Trading: Currencies
November 17th, 2014
Australian importers are in line for a windfall as speculation grows that Chinese President Xi Jinping will use his visit to the country this week to anoint Sydney as a yuan trading center. The ability to exchange Australian dollars ...