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Deutsche Bank AG

APN names new CEO, board member

APN names new CEO, board member
Wellington, Oct 14 NZPA - APN News & Media Ltd, owner of The New Zealand Herald newspaper, has appointed a former Telecom New Zealand executive as chief executive officer and named New Zealand accountant John Harvey to its board after calls for board renewal.

Core retail sales weak in August, interest rates on hold

Core retail sales weak in August, interest rates on hold
Wellington, Oct 14 NZPA - Core retail sales, which exclude the vehicle-related industries, fell by a greater-than-expected 0.6 percent in August, leading economists to predict that interest rates will remain low.

NZ interest rate unchanged at 3 pct

NZ interest rate unchanged at 3 pct
Wellington, Sept 16 NZPA - Many economists are expecting the official cash rate (OCR) to stay at 3 percent for the rest of 2010, with the Reserve Bank leaving it unchanged today.

Retail sales slip in July, after strong June

Retail sales slip in July, after strong June
Wellington, Sept 14 NZPA - Retail sales figures slipped back in July, following strong results in June, sending the New Zealand dollar plummeting nearly half a cent against the greenback.

Residential property market weakness continues in August

Residential property market weakness continues in August
Wellington, Sept 14 NZPA - Economists expect house prices to come under more pressure in coming months, after latest Real Estate Institute of New Zealand (REINZ) figures showed the market stayed weak in August.

Deutsche Bank to advise Fonterra on share trading

Wellington, Sept 2 NZPA - Fonterra has appointed First NZ Capital-Credit Suisse and Deutsche Bank-Craigs Investment Partners to advise it on creating two new markets, one to allow farmer-shareholders to trade shares among themselves, and another to allow indirect public investment in the co-opera

NZ dollar falls after weak business confidence report

NZ dollar falls after weak business confidence report
Wellington, July 28 NZPA - The New Zealand dollar fell in afternoon trading after the National Bank of New Zealand Business Outlook (NBBO) survey showed confidence slid for a third consecutive month.

NZ dollar gets close to US74c before falling away

NZ dollar gets close to US74c before falling away
Wellington, July 28 NZPA - The New Zealand dollar pushed up to a six-month high close to US74c late last night but then fell away quickly.

NZ dollar hovers below six month high vs greenback

NZ dollar hovers below six month high vs greenback
Wellington, July 27 NZPA - The New Zealand dollar eased a touch from its earlier six-month high against the greenback around US73.50c, in quiet trading after an upbeat session overnight. By 5pm, the kiwi was at US73.41c, compared with US72.74c late yesterday afternoon.

NZ dollar holds recent gains as risk appetite returns

NZ dollar holds recent gains as risk appetite returns
Wellington, July 21 NZPA - The New Zealand dollar held recent gains today as stock markets firmed. Around 5pm the New Zealand dollar was at US71.60c from US71.58c at 8am and US71.16c at 5.30pm yesterday.