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Strategic Finance receiver extends deadline for directors’ deal as it looks at another claim
By Paul McBeth July 5 (BusinessDesk) - The receiver for Strategic Finance has pushed out its deadline to cut a deal with the directors of the failed lender as it begins talking to a third party about settling a potential claim. PwC’s John Fisk has “effectively” completed a de...
NZ dollar surges against British pound, euro after central banks highlight easing bias
By Tina Morrison July 5 (BusinessDesk) – The New Zealand dollar surged against the British pound and the euro after central banks there highlighted their easing bias, increasing demand for the higher yielding local currency as rates in New Zealand are set to climb. The kiwi ros...
While you were sleeping ECB boosts stocks, bonds
By Margreet Dietz July 5 (BusinessDesk) - European stocks climbed as both the European Central Bank and the Bank of England reassured investors that interest rates will remain low to help their respective economies. "The Governing Council expects the key ECB interest rates to r...
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