Financial Stocks

Musk tweets how Dogecoin can become viable payment option

Elon Musk, Dogecoin

Highlights By lowering down its handling fees, Dogecoin can become a viable payment option, as per Elon Musk. The movie theatre giant, AMC suggested accepting the meme cryptocurrency. Dogecoin's fees fluctuate depending on the busyness of its ...

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What are the top 10 NZX-listed financial companies?

What are the top 10 NZX-listed financial companies?

Summary New Zealand has a robust financial infrastructure with some globally acclaimed financial institutions and companies. General Capital’s annual report suggested growth in assets despite facing COVID-19-related difficulties. Last mo...

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Look at the top 10 ETFs in New Zealand

Look at the top 10 ETFs in New Zealand

  • July 01, 2021 11:10 PM NZST
  • Manika

Summary ETFs are becoming one of the fastest growing investment products. They are bought and sold on exchanges like regular shares. There are many ETFs to choose from in New Zealand. ETFs range from the ones investing in NZ stocks to Austral...

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Westpac Group to not sell its New Zealand operations

Westpac Group to not sell its New Zealand operations

  • June 24, 2021 02:48 PM NZST
  • Sonal

Summary Westpac Group has decided that its New Zealand business would stay a part of the Group. The Group concluded that a demerger of NZ banking business would not be in the best interest of its shareholders. Simon Power will be the acting CE...

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ASB Showgrounds succumb to financial crunch, liquidation announced

ASB Showgrounds succumb to financial crunch, liquidation announced

  • June 23, 2021 04:29 PM NZST
  • Roma

Summary ASB Showgrounds announces liquidation after undergoing financial stress for a year. COVID-19-related restrictions caused the crunch, which eventually led to liquidation. Layoffs were gradually being made, but shortage of funds made it ...

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Did COVID-19 Draw More Customers Towards BNPL Sector?

Did COVID-19 Draw More Customers Towards BNPL Sector?

Summary Afterpay’s recently unveiled ‘virtual card’ lets customers make payments by tapping a tab on their mobile phones. By purchasing the rest of the shares of BNPL players Twisto and Spotii, Zip Co is moving ahead with the ...

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One Financial Services Stock With Decent Growth Prospects

One Financial Services Stock With Decent Growth Prospects

As the market players are aware, the coronavirus pandemic impacted several sectors and companies. However, there are companies which are now well-positioned to perform well and these companies can also navigate tough conditions. This company is posse...

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How Crucial Is NZ Finance Sector’s Role In Climate Change? A Look At 5 Related Stocks

How Crucial Is NZ Finance Sector’s Role In Climate Change? A Look At 5 Related Stocks

With economies becoming more concerned about greenhouse gases and climate change, 'Climate Finance' is appearing to be of prime importance for the sustainability of humanity. It calls for both investment and expenditure, whether public, private, dom...

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How Are New Zealand Banks Dealing With COVID-19 Impact? A Look At BNZ, ASB, ANZ, WBC, HGH

How Are New Zealand Banks Dealing With COVID-19 Impact? A Look At BNZ, ASB, ANZ, WBC, HGH

New Zealand has a modern and efficient banking and financial sector. Banks added $7.86 billion to the New Zealand economy in 2020, as per New Zealand Bankers Association. Coronavirus wreaked havoc on consumers, companies, and communities all over th...

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Fitch ratings: What’s latest with ANZ (ASX:ANZ) and ANZNZ

Fitch ratings: What’s latest with ANZ (ASX:ANZ) and ANZNZ

  • April 13, 2021 08:27 AM AEST
  • Ashish

the economy along with increased uncertainty in revising its ratings for ANZ. Fitch Ratings revised the rating on long-term issuer Default Rating (IDR) for ANZ (ASX:ANZ) and its wholly owned New Zealand subsidiary ANZ Bank New Zealand Ltd (ANZN...

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Did COVID-19 Crisis Trigger Westpac Contemplate The Road Ahead For Its NZ Business?

Did COVID-19 Crisis Trigger Westpac Contemplate The Road Ahead For Its NZ Business?

Source:Vintagetone,Shutterstock As per the latest update, Westpac Banking Corporation (NZX:WBC,ASX:WBC) has been scrutinising the ownership of its NZ business, which is being considered for a demerger or being sold owing to the impact of COVID-19 on...

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