New Zealand
New Zealand central bank holds rates steady at 2.5%, issues warning over strong currency
…– New Zealand’s central bank left the official cash rate (OCR) unchanged at 2.5 percent Thursday but warned it would reconsider if the country’s currency remained too strong. The value of the âkiwiâ against the greenback has remained stubbornly high in recent…
Research and Markets: Wine Market in New Zealand Expected To Increase To A Value Of $ 1,665.9 Million By The End Of 2016
…pressures within the market. Essential resource for top-line data and analysis covering the New Zealand wine market. Includes market size and segmentation data, textual and graphical analysis of market growth trends, leading companies and macroeconomic information….
New Zealand Interest Rate Unchanged
…indicators have moderated and financial market sentiment is still fragile,” he said. “The New Zealand dollar has stayed elevated despite recent falls in commodity prices. Should the exchange rate remain strong without anything else changing, the bank would…
TEXT-S&P: Bank Of India (New Zealand) Outlook Revised To Negative
…today that it has revised its outlook on Bank of India (New Zealand) Ltd. [BOI (New Zealand)], following a similar rating action on the bank’s parent and guarantor, Bank of India (BOI; BBB-/Negative/A-3). At the same time, we affirmed our ‘BBB-’ long-term…
New Zealand’s Dollar Advances After Reserve Bank Holds Cash Rate
…7:22 a.m. in Sydney, from 81.34 cents yesterday in New York. It climbed 0.4 percent to 66.41 yen. Australia’s currency strengthened to $1.0364 from $1.0353 and advanced to 84.27 yen from 84.22 yen.
New Zealand banks now running normally
…Bank of New Zealand. SWIFT is putting together a report for their customers in New Zealand to ensure full transparency on the reasons of the issue that has affected them, including recommendations to prevent any similar situations happening in the future….
International shipping firms’ price fixing under scrutiny in New Zealand report
…detail over the coming months. “International freight issues are vitally important to New Zealand as a nation of exporters, located a long way from major world markets,” Finance Minister Bill English said in a statement. “Increasing our export competitiveness…
New Zealand Banks Register Rise in Profits
…Financial Institutions Performance Survey (FIPS), which analyses the performance of New Zealand’s registered banks, showed combined net profits after tax were the “highest seen in recent times” rising from 2.77 billion NZ dollars in 2010, reported Xinhua….
Another major international conference for New Zealand
…this simply would not have happened. The financial leveraging that CAP provides for New Zealand makes a lot of economic sense.” Tourism New Zealand’s Business Events Team took responsibility for the Conference Assistance Programme in June 2010. Justin says:…
US farmers eye up New Zealand share of China dairy market
…But when it comes to milk, American producers have lagged behind their rivals in New Zealand. On a recent grocery trip, 23-year-old Beijing finance worker Huang Xin said she would buy American milk if she could find any in her usual markets. Ms.
New Zealand Dollar Will Fall on Weak Prices, AMP Capital Says
…Zealand’s dollar will decline in coming years as lower commodity prices and a wider current account deficit weigh on sentiment, the nation’s largest non- government investor says. “The currency should be in the 70s not the 80s,” Keith Poore, head of investment…
Latest research from TNS reveals unlimited opportunities for business as growth of mobile smartphones in New Zealand goes mainstream
…buying phone credit and paying utility bills, for example. The freedom to access banking services on the go, as well as the convenience are major drivers of mobile banking solutions, and financial institutions need to be aware of that,” says Mr Thomas. The…
Tax compliance for US citizens residing in New Zealand and Australia
…foreign financial assets are also required to file Form 8938 Statement of Specified Foreign Financial Assets. This form is filed together with the US income tax return. The IRS imposes capital gains taxes on sale of assets such as investment properties, stocks,…
Telecom New Zealand appoints Simon Moutter as CEO
…to focus on delivering world class products and services to our customers throughout New Zealand,” he said. CEO Remuneration Mr Moutter will receive a base salary of $1.35m, and he will also be eligible to receive short and long term incentives. He will receive…
New Zealand law for sale? Check TradeMe
…its a good idea: I am selling, in my official capacity as Almost Prime Minister of New Zealand and Former Reserve Bank Signature Guy, the Gambling Act 2003 on behalf of Messrs. Key (Rt. Hon) English (Hon.) and Joyce (Dis. Hon) the Gambling Act 2003
New Zealand Dollar Could Fall as RBNZ Keeps Rates on Hold
…optimistic data over the past five days. Now, as we head into the week of the April Reserve Bank of New Zealand Rate decision, in light of global macro developments, we expect the New Zealand Dollar to depreciate in the days ahead. Whereas the RBNZ was slowly…
Bitcoinica Registers in New Zealand for Bitcoin Margin Trading
…known in the payments industry and although not a local bank license, this type of registered financial institution can carry out many similar activities for their own clients just like a bank. The structure is ideal for receiving third party funds for deposit,…
New Zealand PM defends Crafar farm sale
…the Overseas Investment Office (OIO) to grant consent to Shanghai Pengxin subsidiary Milk New Zealand Holding Ltd to acquire 16 farms formerly owned by the Crafar family. Leaders of the Greens, NZ First and Labour have all hit back over the deal, saying it…
Controversial New Zealand Farm Sale Approved
…Shanghai Pengxin Group Co. Minister for Land Information Maurice Williamson and Associate Finance Minister Jonathan Coleman said in a joint statement Friday they had approved the Overseas Investment Office’s recommendation to allow Milk New Zealand Holding…
Carnival celebrates bumper cruise season for New Zealand
…areas are all about.” Highlights of the 2011/12 cruise season for Carnival and New Zealand included: Northland · Twenty Carnival ship visits brought more than 35,000 passengers to the Bay of Islands. · Paihia ran a successful Ambassador Programme with the…
