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JPMorgan Chase Bank’s New Zealand branch have been given a formal warning by the Reserve Bank for a four-month period in 2013 when …
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Greenback slips to third in NZ’s expanded TWI, yuan at second
The US dollar’s weighting has slipped in the Reserve Bank of New Zealand’s new trade-weighted index, which adds the Chinese …
Read More »Beijing has allegedly corrupt NZ-resident Chinese in its sights
The Chinese government has its eye on an unknown number of New Zealand-resident Chinese citizens who are thought to have …
Read More »NZ economy grows 0.7% in 2Q as surging services make up for weak primary sector
New Zealand’s economy grew just ahead of expectations in the second three months of the year as the fastest growth …
Read More »Weaker kiwi probably not a game changer for RBNZ yet
The kiwi dollar is holding below levels the Reserve Bank is forecasting for the third quarter though that’s unlikely to …
Read More »New Zealand property values rise at a 7.6 percent annual pace in June
New Zealand property values rose at a 7.6 percent annual pace last month, as demand continued to outstrip supply in …
Read More »Higher interest rates not the right answer for housing bubble, RBNZ’s Spencer says
The Reserve Bank says raising interest rates now isn’t the right policy response to an overheated housing market and the …
Read More »RBNZ net buyer of kiwi in May as currency falls 5.6 percent vs. greenback
The Reserve Bank was a net buyer of kiwi dollars in May, a month when the currency sank 5.6 percent …
Read More »NZ dollar, down 6.1 percent since last RBNZ meeting, little changed before MPS
The New Zealand dollar was little changed in local trading as investors await Reserve Bank governor Graeme Wheeler’s response to …
Read More »NZ business gains from lower kiwi this year may be short lived, survey shows
Companies expecting to benefit from a lower New Zealand dollar may get only a short reprieve as the kiwi appreciates …
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