Tag: zealand

New Zealand Inflation Expected to Slow Significantly Amidst Rate Hikes Impact

New Zealand inflation probably slowed markedly in the second quarter as the central bank’s aggressive interest-rate increases began to take their toll. Consumer prices rose...

New Zealand Maintains Interest Rates Unchanged as Inflationary Pressures Ease

New Zealand’s central bank kept interest rates unchanged for the first time in almost two years amid signs that the weaker economy is slowing...

New Zealand Potentially Enters Recession Earlier Than Anticipated by RBNZ

New Zealand’s economy may have contracted for a second consecutive quarter, putting it into recession sooner than the central bank expected. Gross domestic product fell...

HSBC Announces Closure of Wealth and Personal Banking Business in New Zealand

HSBC has decided to wind down its wealth and personal banking business in New Zealand, the bank said on Tuesday, as it exits from...

New Zealand Economy Predicted to Contract in Q4, Posing Risk to Tightening Cycle – Reuters Poll

New Zealand's economy may have contracted in the fourth quarter, three months ahead of a central bank forecast, a Reuters poll found, as the...

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Dollar to Weaken Over Next 2 Years, UniCredit Says

Asian Development Bank Commits $100 Billion Investment for Maximum Climate Impact

Bank of Canada Governor Indicates Potential Cease in Interest Rate Increases