Asian stocks retreated as banks slumped and oil touched the lowest level since November. Bonds rallied amid lingering inflation concerns even after Federal Reserve Chair Janet Yellen suggested weak ... Read More
New Zealand dollar gains with milk prices; Taiwan dollar rises European equity futures fall as oil hovers near $43 a barrel Asian stocks held near a one-week high and ... Read More
Statement by Reserve Bank Governor Graeme Wheeler: The Reserve Bank today reduced the Official Cash Rate (OCR) by 25 basis points to 2.5 percent. Globally, economic growth is below ... Read More
Euro on defensive as nerves take hold before Eurogroup meeting Dollar/yen steady after jobs data fails to provide spark Kiwi slides to near two-month low on RBNZ rate cut ... Read More
Statement issued by Reserve Bank of New Zealand Governor Graeme Wheeler: The Reserve Bank today left the Official Cash Rate unchanged at 3.5 percent. Trading partner growth continues at ... Read More
The yen strengthened after falling to a seven-year low against the dollar as demand for safer assets revived following a report that showed Japan’s economy unexpectedly sank into a ... Read More
NASDAQ Dubai, the region’s international stock exchange, has welcomed the listing of a 100 million New Zealand dollar ($78.1 million) conventional bond by Emirates NBD. The bond is the ... Read More
The New Zealand dollar sank Monday after the central bank disclosed it conducted its biggest sell-off of the currency in seven years to lower an exchange rate that is ... Read More
The Australian and New Zealand dollars nursed losses against the yen on Friday, having fallen sharply overnight as a flare-up in geopolitical tensions saw investors switch into the safe-haven ... Read More
The New Zealand dollar may test a post-float record this week with second-quarter inflation figures likely to underline the Reserve Bank’s path to higher interest rates, though the currency ... Read More
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