High kiwi overshadows benefits of Chinese deal
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By: bryanjm
The US Dollar is currently facing a crisis of unbecomin one of the reserve currencies in the world.
about 1 month ago
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Shares drop as banks sold down
Australian stocks have extended losses, with banks leading the falls on profit-taking in the wake of National Australia Bank's results. In afternoon trade, the benchmark S&P/ASX200 index was down 51.9 points, or 1.1 per cent, at 4701.6, while the broader All Ordinaries fell 49.9 points, or 1 per cent, to 4705. Among the sectors, ...
about 1 month ago
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Our Economy Was a Scam and Now We're Dead Broke
By: BiodunIginla
Wednesday, October 28, 2009 By Joe Bageant, JoeBageant.com for the BBC's Biodun Iginla Posted on October 27, 2009, Printed on October 27, 2009 http:/
about 1 month ago
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State Bank of India [SBI] raises 75 Crore dollars.
By: ranasushilaben
State Bank of India [SBI] has raised 75 Crore dollars from overseas markets by issuing bonds. Bank has raised these dollars for five-year maturity- fixed rate Senior Notes [securities]. These securities have a coupon rate of 4.5%. The amount is raised by SBI Medium Term Notes program . The Senio
about 1 month ago
- News Source: New Zealand Herald | 26 days agoReserve Bank governor Alan Bollard has moved to rein in market expectations that the official cash rate could start to rise as soon as the new year...The focus was on the semantics of the accompanying statement. The bank's line since April 30 had...
- News Source: New Zealand Herald | 26 days agoThe September overseas merchandise trade statistics showed overall value of exports fell by 11 per cent to $2.8 billion and imports fell by 27 per cent to $3.2 billion when compared with September last year. Milk powder, butter and cheese exports...
- News Source: Scoop | 26 days agoPike River fell 2.7% to $1.09, Pan Pacific declined 3.6% to 53 cents and NZ Oil & Gas fell 2.3% to $1.69 as prices of commodities including copper and crude oil fell. Stocks tumbled worldwide after weaker-than-expected new home sales in the U.S.
- News Source: Xtra News | 26 days agoRisk aversion is sky-rocketing, seeing investors ditch growth currencies like the kiwi in favour of the relative safety of the US dollar and the yen," BNZ Capital senior strategist Danica Hampton said. The NZ dollar plummeted to US71.74c by 5pm today,...
- News Source: Xtra News | 26 days agoReserve Bank cools expectations for official cash rate hikes Thursday October 29, 03:26 PM Reserve Bank Governor Alan Bollard today sent markets a clear message that they have been expecting a rise in the official cash rate (OCR) too soon.
- News Source: New Zealand Herald | 27 days agoBernard Hickey from interest.co.nz on personal finance trends, mortgages, homeloan affordability, credit cards and more 9:15AM Thursday October 29, 2009 Alan Bollard performed the monetary policy equivalent of a flick pass this morning. Dan Carter,...
- Blog Source: business.scoop.co.nzThe high New Zealand dollar is sapping the ability of exports to contribute to growth. Reserve Bank Governor Alan Bollard today said the resilient kiwi “has limited the scope for exports to contribute to the recovery and reinforces a ...
- Blog Source: www.interest.co.nz“(ANZ) New Zealand division recorded a near three-fold rise in credit provision charges to $889 million, due to “general deterioration across the book”, resulting in a 32 per cent decrease in profit after tax for the unit. ... Lessons have
- Blog Source: www.sfexaminer.comReserve Bank Governor Alan Bollard said the bank saw no reason to begin withdrawing monetary policy stimulus. "There are welcome signs that economic activity is growing again," Bollard said, citing rebounding activity in the country's ...
- Blog Source: business.scoop.co.nzOct. 29 (BusinessWire) – The New Zealand dollar extended its losses from the New York session after central bank Governor Alan Bollard stood his ground on interest rates, saying he expects to keep the official cash rate at a record-low level until
- Blog Source: business.scoop.co.nzOct. 29 (BusinessWire) – Reserve Bank Governor Alan Bollard kept the official cash rate unchanged at a record low 2.5%, as expected, and dropped wording in his statement that rates could fall further, stoking speculation borrowing costs ... The
- Blog Source: www.interest.co.nzFixed mortgage rates are rising again with markets picking the Reserve Bank of New Zealand (RBNZ) may be forced to raise the Official Cash Rate (OCR) sooner than 'the latter part of 2010′, which it has indicated in its four previous OCR ...
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Image Source: www.lendingcentral.comRate Cut RBA governor Glenn ...Image Source: www.lendingcentral.comRate Cut RBA governor Glenn Stevens ... -
Image Source: 2.bp.blogspot.comI was listening to Newstalk ZB ...Image Source: 2.bp.blogspot.comI was listening to Newstalk ZB today ... -
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Image Source: static.stuff.co.nz
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Video Source: www.truveo.com - Video Source: www.truveo.comApril 30, 2009: OCR cut, what ...Video Source: www.truveo.comApril 30, 2009: OCR cut, what it means for the economy
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Cell phones use report code: Related Tweets
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@gideonrachman From the blog: Why is US unemployment so high?: For most of the past twenty years, high levels of unemployment in Eu... http://bit.ly/2HLVkG
25 days ago -
@gadyepstein RT @niubi: Pettis-Banking concerns and Chinese university rankings http://bit.ly/37fqlw $fxi $caf $fxp
25 days ago
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