Commercial banks face formidable challenges

But positive signals energise prospects A PricewaterhouseCoopers Analysis New Zealand’s five major banks reported core earnings of $3480 million in the first half of their 2015 financial years (1H15), up from $3281 million for the previous six months (2H14). This was driven by increases in net interest income (up by $184 million) and a reduction in operating expenses (down by…

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Taiwan’s initiative calms South China Sea storm

The Taipei Economic and Cultural Office in Auckland (TECO) and the Politics and International Relations Department of University of Auckland hosted a symposium on ‘Expanding Free Trade and Peace in the Asia Pacific’ at the Old Government House in the University Campus on July 30, 2015. The Symposium discussed regional economic integrity and regional security situation in the Asia Pacific.…

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