Why A Crypto Bear Market Would Only Bring The Best ICOs

Press Release – ThinkMarkets

Initial coin offerings (ICOs) mark an important aspect in the Web 3.0 blockchain revolution. In exchange for capital, companies sell tokens. People can either use the token, or anticipate it to rise as demand for the companys goods and services … Read more »

Bank of China impairs $33m loan in annual report, likely CBL

Article – BusinessDesk

March 29 (BusinessDesk) – Bank of China New Zealand’s unit included a $12 million provision for impairment losses linked to one loan in its latest disclosure statement for the year to Dec. 31 after reports it lent 19.5 million euros to CBL Corp, currently … Read more »

Forest & Bird leaves bank over fossil fuel investments

Press Release – Forest and Bird

New Zealand’s largest independent conservation organisation is moving its bank accounts from ANZ because of serious concerns over the banks investments in fossil fuels. Read more »

RBNZ registers Bank of China to provide banking services

Article – BusinessDesk

RBNZ registers Bank of China to provide banking services in New Zealand as a branch Read more »

Michelle Jablko joins ANZ Bank New Zealand Limited Board

Press Release – ANZ Bank

ANZ announced today that Michelle Jablko will join the ANZ New Zealand Board of Directors as a non-executive director. The appointment is effective from today. Read more »

Bank of China Ltd celebrates achieving branch licence

Press Release – Bank of China in NZ

The Reserve Bank of New Zealand has today given approval for Bank of China Limited (BoC) to set up a branch, which will operate alongside BoCs subsidiary Bank of China (New Zealand) Limited (BoCNZ). Read more »

Co-op Money CIO Deane Johns One of NZ’s Most Effective CIOs

Press Release – CIO New Zealand

CIO Magazine Recognises Co-op Money NZ CIO Deane Johns One of NZs Most Effective CIOs For Third Year In a Row Read more »

Bank of China registered as a bank

Press Release – The Reserve Bank of New Zealand

The Reserve Bank today registered Bank of China to provide banking services in New Zealand. Read more »

Graham Ansell leaves ANZ CIO role

Article – BusinessDesk

March 28 (BusinessDesk) – ANZ Bank New Zealand’s chief investment officer Graham Ansell will step down at the end of April, to be replaced temporarily by Paul Huxford. Read more »

Future You scores another global gong

Press Release – Kiwi Wealth

Kiwi Wealths online KiwiSaver account planning tool, Future You, has received another international accolade. Read more »

HiFX Morning Update, March 28 2018

Press Release – HiFX

The NZDUSD opens at 0.7274 (mid-rate) this morning. The Kiwi tested new week highs overnight versus the USD but has given up those gains, and in the case of both the USD and Canadian dollar, are lower than this time yesterday. Global equities continued … Read more »

KiwiSaver fees to be shown in dollar figures for first time

Press Release – Financial Markets Authority

KiwiSaver customers are about to see the fees they pay their fund managers in dollar figures for the first time, and could be in for a shock. Read more »

NZ banks eke out another quarter of sub-1% lending growth

Article – BusinessDesk

March 27 (BusinessDesk) – New Zealand banks managed a combined 0.9 percent increase in lending in the fourth quarter, a period when operating expenses and impaired asset charge jumped more steeply. Read more »

Rabobank Rural Confidence Survey Quarter 1

Press Release – Rabobank

New Zealands farmers have started the year with increasing optimism, with rural confidence edging higher after two consecutive sharp declines recorded in the second half of 2017. Read more »

HiFX Morning Update, March 27 2018

Press Release – HiFX

The NZDUSD opens at 0.7297 (mid-rate) this morning. The NZD is trading higher against all its rivals with risk appetite returning after news broke that the US and China have engaged in talks for refining access of US goods to China. US Treasury Secretary … Read more »

AMP’s Craig Meller to retire at end of 2018

Article – BusinessDesk

AMP’s Craig Meller to retire at end of 2018, search begins for new CEO Read more »

Augusta capital raise for air traffic control centre closes

Article – BusinessDesk

March 26 (BusinessDesk) – Augusta Capital says the capital raising for its air traffic control centre in Christchurch has closed oversubscribed and it won’t take up any units under its $15 million underwrite. Read more »

New Zealand becoming global centre for blockchain

Press Release – Make Lemonade

New Zealand is a living laboratory for global tech developments and inventions and Kiwis are producing blockchain businesses that have a global market place, he says. Read more »

HiFX Morning Update, March 26 2018

Press Release – HiFX

The NZDUSD opens at 0.7232 (mid-rate) this morning. Global equities were the big loser on Friday with major averages accelerating to the downside after President Trump confirmed tariffs on up to $60bn in annual Chinese imports. Trump went on to … Read more »

An interview with Atif Mian of Princeton University

Press Release – The Reserve Bank of New Zealand

An interview with university academic Atif Mian was published today in the Reserve Bank Bulletin. Read more »

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