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Showing 101 - 110 of 161 results for "Bank of New Zealand"

Market Wrap - Morning

AAP  |  THURSDAY, 30 APR 2009
... WELLINGTON - Leading stock Telecom continued to edge ahead on good volume in a steady market ahead of the Reserve Bank of New Zealand's interest rate decision on Thursday. The benchmark NZSX-50 index rose 13.27 points, or 0.49 per cent, to 2699.713.

The power of optimism

BENJAMIN ONG  |  MONDAY, 16 MAR 2009
... quantitative easing and is buying gilts directly. The reason why the Swiss National Bank (SNB) and the Reserve Bank of New Zealand (RBNZ) lowered interest rates again last week. Even Australia has had bad news which the market chose to ignore. The All ...

NAB gambles on its IFS model

WWW.THESHEET.COM  |  FRIDAY, 13 MAR 2009
... and private wealth are rated "significant upside from continuing reinvention". The New Zealand operation (Bank of New Zealand), the US agri bank and Asian operations are rated "smaller businesses, resilient in tough conditions". The UK banks and some ...

Scary Money

BENJAMIN ONG  |  FRIDAY, 5 DEC 2008
... of 50 basis points each in October and November are seemingly having no impact. And we thought the Reserve Bank of New Zealand already took a chainsaw to interest rates with its 150 basis point reduction mid-week. In less than a fortnight, it will be ...

Market Wrap - Morning

AAP  |  FRIDAY, 24 OCT 2008
... points to 13,760.49. WELLINGTON - The New Zealand sharemarket plunged again today, even after the Reserve Bank of New Zealand cut the official cash rate by a full percentage point to 6.5 per cent. The benchmark NZSX-50 index closed down 92.059 points ...

Market Wrap - Morning

AAP  |  TUESDAY, 21 OCT 2008
... WELLINGTON - Shares posted healthy gains today ahead of an expected large interest rate cut by the Reserve Bank of New Zealand this week. The benchmark NZSX-50 index closed up 81.155 points, or 2.889 per cent, at 2889.92.

HBOS surrenders to Lloyds TSB

WWW.THESHEET.COM  |  THURSDAY, 18 SEP 2008
... Australia in the late 1990s (a business run by the current HBOS Australia chief David Willis) and sold National Bank of New Zealand to ANZ in 2003. Meanwhile, the Herald Sun reports that HBOS contributed $1.6 billion in capital to its Australian holding ...

Market Wrap - Morning

AAP  |  MONDAY, 15 SEP 2008
... today, the Australian Bureau of Statistics will release dwelling unit commencements data for June. Reserve Bank of New Zealand assistant governor Dr John McDermott speaks at an Australian Business Economists lunch on "Monetary Policy Issues in New Zealand". ...

Stagflation policy conundrum

BENJAMIN ONG  |  FRIDAY, 12 SEP 2008
Desperate times need desperate measures. The Reserve Bank of New Zealand (RBNZ) announced a surprise 50 basis point reduction in its benchmark interest rate as the domestic economy looks increasingly headed for a recession. With recession staring the ...

NAB names new chief

WWW.THESHEET.COM, ASX STATEMENT  |  THURSDAY, 31 JUL 2008
NAB has appointed Cameron Clyne, the chief executive of NAB-owned Bank of New Zealand, as its new group chief executive starting next year, ending media speculation on who would replace John Stewart for the top job. Stewart's departure this year is ...