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ASX: Dollar dominates

Monday, 16 January, 2017 - 11:47

By Michael McCarthy, chief market strategist, CMC Markets

North and South Island wool auctions receive varied support

Thursday, 12 January, 2017 - 16:34

New Zealand Wool Services International ltd’s CEO Mr John Dawson reports that the wool auctions in the North and South Islands this week produced considerable price variations for comparative types with the North Island levels well below the South’s.

Further upside for dairy price rally

Tuesday, 10 January, 2017 - 17:09

Reduced milk supply out of key dairy export regions - including New Zealand - will fuel further dairy price increases in the early part of 2017, according to Rabobank’s latest global dairy outlook.

Currency correction underway but stocks hold the line

Friday, 6 January, 2017 - 12:15

By Ric Spooner (Chief Market Analyst, CMC Markets)

At this stage, stock markets appear to be holding the line despite the correction of the post US election moves in the US dollar and bond markets that is now well and truly under way.

ANZ agrees to sell stake in Shanghai Rural Commercial Bank

Wednesday, 4 January, 2017 - 08:40

ANZ today announced it had reached agreement to sell its 20% stake in Shanghai Rural Commercial Bank (SRCB) to China COSCO Shipping Corporation Limited and Shanghai Sino- Poland Enterprise Management Development Corporation Limited.

Wool market steadies

Wednesday, 21 December, 2016 - 14:03

New Zealand Wool Services International Ltd’s CEO, Mr John Dawson reports that the 6700 bales of North Island wool on offer saw a 93 percent clearance with most types firm to dearer.

Wool continues to ease

Thursday, 15 December, 2016 - 14:25

New Zealand Wool Services International Ltd’s CEO, Mr John Dawson reports that the combined North and South Island wool auctions this week comprising 13600 bales saw a 79 percent clearance with most types continuing to ease.

Bank of China signs landmark agreement with Fonterra

Thursday, 15 December, 2016 - 13:51

Bank of China has signed a landmark agreement with Fonterra consistent with both organisations’ on-going commitment to building New Zealand business interests in China.

Warning on credit card chargebacks and risky online investments

Wednesday, 14 December, 2016 - 09:15

The New Zealand Bankers’ Association today supported the Banking Ombudsman’s warning that you shouldn’t expect to be reimbursed for authorised credit card payments to risky binary options trading websites.

Don't expect to be reimbursed for unsound investments

Wednesday, 14 December, 2016 - 08:52

Don’t expect to be reimbursed for unsound investments, warns Banking Ombudsman Banking Ombudsman Nicola Sladden said the Banking Ombudsman Scheme had received a spate of complaints from individuals seeking to recoup credit card payments made to binary options trading sites.

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