MARKET CLOSE: Kiwi falls on economic concern
Markets

MARKET CLOSE: Kiwi falls on economic concern

The kiwi dollar sank to its lowest level since late August as the safe-haven US currency continued to attract buying amid a sustained equity sell-off due to fears of recession.  

Dan Brunskill 24 Sep 2020
The FMA is running out of patience
Law & Regulation

The FMA is running out of patience

Financial services firms that keep failing compliance tests can expect to end up in court, says the FMA boss, Rob Everett.

Dan Brunskill 24 Sep 2020
MARKET CLOSE: Pushpay leads stock market higher
Markets

MARKET CLOSE: Pushpay leads stock market higher

Pushpay led the stock market higher on an analyst upgrade and as tech stocks on Wall Street rebounded following extended selling.

Dan Brunskill 23 Sep 2020
RBNZ signals direct bank funding this year; keeps policy unchanged
Finance

RBNZ signals direct bank funding this year; keeps policy unchanged

The Reserve Bank held its quantitative easing programme and kept the OCR at 0.25 percent, while signalling direct bank funding could start before the end of the year.

Dan Brunskill 23 Sep 2020