Company Overview and News

 
Dollar falls amid speculation over US tax cuts

5h nzherald.co.nz
The New Zealand dollar fell against the US dollar ahead of minutes from the last US Federal Reserve policy meeting and after US President Donald Trump hinted at further tax cuts.

 
Confidence slipping in small business community

6h nzherald.co.nz
New Zealand small businesses are less optimistic about the future as successive years of robust economic growth appear to have peaked, although the big end of town still has grand aspirations, according to a Westpac Banking Corp survey.

 
Why Hong Kong homebuyers should take note if city’s aggregate balance dips below HK$100 billion

2018-05-22 scmp
With several indicators suggesting Hong Kong dollar liquidity is becoming tighter, banks’ higher borrowing costs could translate into higher mortgage repayments for homeowners

 
Evicting a blind old woman is Westpac's public relations debacle

2018-05-21 theage.com.au
Big business borrowers have size on their side, consumers have a significant measure of protection through laws - but small business borrowers are deficient on both counts when it comes to dealing with banks.

 
Evicting a blind old woman is Westpac's public relations debacle

2018-05-21 smh.com.au
Big business borrowers have size on their side, consumers have a significant measure of protection through laws - but small business borrowers are deficient on both counts when it comes to dealing with banks.

 
New Zealand dollar falls against US

2018-05-21 nzherald.co.nz
The New Zealand dollar fell against the greenback after first quarter retail spending was softer-than-expected, pointing to sluggish economic growth.

 
Australia's Westpac hires complaints head amid damaging inquiry

2018-05-18 reuters
SYDNEY (Reuters) - No. 2 Australian lender Westpac Banking Corp (WBC.AX) said on Friday it had been “too slow” to resolve customer complaints and had created an executive role to handle them, as the country’s financial sector responds to revelations of serious misconduct.

 
Australia's Westpac hires complaints head amid damaging inquiry

2018-05-18 channelnewsasia
SYDNEY: No. 2 Australian lender Westpac Banking Corp said on Friday it had been "too slow" to resolve customer complaints and had created an executive role to handle them, as the country's financial sector responds to revelations of serious misconduct.

 
Shares rise, led by A2 and Synlait

2018-05-17 nzherald.co.nz
New Zealand shares rose, led by A2 Milk Co and Synlait Milk while Pushpay fell after annual earnings met its guidance, disappointing some upbeat investors.

 
Dollar holds above 69 US cents as budget shows fiscal discipline

2018-05-17 nzherald.co.nz
The New Zealand dollar held above 69 US cents after Finance Minister Grant Robertson continued to project fiscal surpluses and a gradual reduction in debt in the government's first budget.

 
What to Expect in New Zealand's Budget Beyond Another Surplus - Bloomberg

2018-05-15 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

 
How Misbehaving Australian Banks Are Causing Global Pain - Bloomberg

2018-05-14 bloomberg
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

 
NZX 50 hits record on outlook for low interest rates

2018-05-10 nzherald.co.nz
New Zealand shares rose to a record high, led by Pushpay Holdings and Scales Corp, after the Reserve Bank affirmed plans to keep interest rates low. Mercury New Zealand and Fletcher Building weakened.

 
Growth at Port of Tauranga boost for Bay of Plenty

2018-05-08 nzherald.co.nz
Port of Tauranga, New Zealand's biggest port company, registered strong growth in container volumes in the first quarter, helping boost the Bay of Plenty economy, Westpac Banking Corp said in a report.

 
Shares rise as investors second guess index changes; Fletcher gains

2018-05-08 nzherald.co.nz
New Zealand shares rose, joining a regional rally, as investors predict whether an upcoming MSCI index review will spur major activity next week. Fletcher Building, which could exit the index, gains, while new addition a2 Milk Co fell.

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2018-05-21 - Asif

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2018-05-21 - Asif

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