News list for " New Zealand"
Hon Hai's revenue in 2024 6.86 trillion NT dollars, an increase of 11.37% year-on-year, a record high for the same period in the past year.
Cryptopia, a bankrupt New Zealand crypto exchange, has returned 400 million New Zealand dollars (about $225 million) worth of cryptocurrency to 10,000 verified account holders. Account holders of Bitcoin and Dogecoin have received their first cryptocurrency distributions, according to a public announcement from the liquidators. "Over 400 million NZ dollars have been returned on-chain in the last 48 hours," Cryptopia liquidator Grant Thornton noted.
The New Zealand dollar against the US dollar NZD/USD rose by 1.00% during the day and is now trading at 0.5892.
7:00-12:00 Keywords: Reserve Bank of New Zealand, WalletConnect, Tornado Cash, Vitalik 1. The Reserve Bank of New Zealand cut interest rates by 50 basis points as scheduled; 2. WalletConnect has opened WCT airdrop qualification inquiry; Vitalik donated 320 ETH to the crypto think tank Coin Center. 4. Nasdaq ISE excludes FLEX options trading on bitcoin trust products; 5. Trump has asked the New York Attorney General to drop his civil fraud charges. 6. A US court has ruled that the sanctions again...
The Reserve Bank of New Zealand cut interest rates by 50 basis points to 4.25%, in line with market expectations, marking the third consecutive rate cut.
ANZ said that we expect the Reserve Bank of New Zealand to cut interest rates by 50 basis points to 4.25% next week. This would be in line with the Reserve Bank of New Zealand's October message, economists' forecasts and market pricing. Data since the October monetary policy review has been mixed, but it looks like no data could disrupt plans. Data will make a decision after this meeting, but as the official cash rate (OCR) is closer to neutral, our base expectation is that the Reserve Bank of N...
NZD/USD fell 1% on the day to trade at 0.5964.
The New Zealand dollar fell by 0.50% against the US dollar NZD/USD during the day and is now trading at 0.6142.
New Zealand's tax minister has proposed legislation to implement the OECD framework for the exchange of crypto-asset information. The proposed amendments are expected to come into force in April 2026. New Zealand crypto providers will be required to collect transaction information and submit it to the tax authority in 2027, or face a $300 fine for each violation, and a $1,000 fine for users who do not provide information.
The New Zealand dollar against the US dollar NZD/USD rose more than 1.00% during the day and is now trading at 0.6114.
1. Levels of interest rates: The Reserve Bank of New Zealand unexpectedly cut interest rates by 25 basis points, reducing rates from 5.5% to 5.25%, the first rate cut since March 2020. 2. Interest rate outlook: The average official cash rate is expected to be 4.92% in the fourth quarter of 2024 and 4.62% in Quarter 1 2025. The average official cash rate is expected to decrease by 101 basis points by mid-2025. 3. Monetary policy: Monetary policy will need to remain restrictive for some time. The ...
The New Zealand swap rate shows the Reserve Bank of New Zealand cutting rates by 29 basis points in October and 67 basis points in November.
New Zealand Federal Reserve President Orr will hold a monetary policy press conference in ten minutes.
The New Zealand dollar against the US dollar NZD/USD rose more than 1.00% during the day and is now trading at 0.6078.
The Reserve Bank of New Zealand will announce its interest rate decision on Wednesday. ING expects the outcome of the meeting to be a very close decision, with markets divided over whether the bank will cut rates by 25 basis points or leave them unchanged. However, ING is inclined to think that with inflation concerns lingering, the Reserve Bank of New Zealand may still be inclined to wait for the Federal Reserve to take the lead and could cut rates by 50 basis points in October. Alternatively, ...
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