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HSBC Bank - Latest News [Page 6]
RBNZ Observer: On hold this week but rates need to rise soon
Wednesday, 26 October 2011, 10:53 am | HSBC Bank
The RBNZ Observer: On hold this week, but rates need to rise soon On hold this week 4 Global concerns will once again prevent hikes next week... 4... but high inflation and the solid upswing mean tighter policy will be needed soon... 4... we still expect ... More >>
CPI: New Zealand inflation still elevated
Tuesday, 25 October 2011, 1:10 pm | HSBC Bank
New Zealand inflation surprised on the downside with the CPI coming in at 0.4% in Q3 and 4.6% y-o-y (consensus was 4.9%). The downside surprise was on tradable goods and services, reflecting the strong exchange rate. Domestic inflationary pressures ... More >>
NZ Trade Set To Outperform World Trade Growth By 2025
Wednesday, 12 October 2011, 2:04 pm | HSBC Bank
New Zealand’s trade over the next 15 years looks set to grow by 83%, outperforming world trade growth which looks set to grow at the slower pace of 73% during the same period according to HSBC. These predictions form part of the new quarterly global ... More >>
HSBC Drops Fixed Home Loan Rates, Lowest Fixed Rates In NZ
Monday, 10 October 2011, 9:30 am | HSBC Bank
Customers can reduce fixed rates by up to 1%p.a. by taking out insurance policies - More >>
NZ Recovery To Continue: Quake Temporarily Held Back Q2 GDP
Thursday, 22 September 2011, 4:06 pm | HSBC Bank
The earthquake held back the New Zealand economy more than expected in Q2, with growth of only 0.1% (market and HSBC expected 0.5%). But don't despair, upward revisions to history meant the y-o-y rate was still a solid 1.5% (against an expected 1.7%). ... More >>
Fund Managers’ Outlook Overweight On Equities
Monday, 19 September 2011, 12:20 pm | HSBC Bank
Following a cautious second quarter when investors focused on bonds, HSBC’s Fund Managers Survey revealed fund managers are highlighting opportunities in the equity markets over the next three months. Despite the recent sell-off after the US credit ... More >>
Christchurch Students Visited by Their Favourite Musicians
Friday, 16 September 2011, 5:30 pm | HSBC Bank
Children from Christchurch South Intermediate School were treated to a private concert today, by their favourite musicians the New Zealand String Quartet (NZSQ), when the music4life programme returned to Christchurch. More >>
RBNZ is watching the world, not the Rugby
Thursday, 15 September 2011, 12:07 pm | HSBC Bank
With the World Cup in full swing the RBNZ staff should be busy watching the games, but instead, like the rest of us, they've been glued to their Bloomberg terminals. With global markets in disarray, it was no surprise that the RBNZ kept rates on hold ... More >>
New HSBC Campaign To Encourage Member Recommendations
Monday, 12 September 2011, 12:06 pm | HSBC Bank
HSBC has today announced that it is launching an initiative to encourage current HSBC Premier customers to recommend their friends to the Bank. To show our appreciation for referrals that result in a friend or family member successfully becoming a new ... More >>
HSBC adds Hotel DeBrett as HSBC Premier Rewards Partner
Monday, 15 August 2011, 10:00 am | HSBC Bank
HSBC is delighted to welcome Hotel DeBrett to its suite of HSBC Premier Rewards Partners. As the 11th partner, Hotel DeBrett will offer complimentary food and beverage vouchers and late check outs for HSBC Premier customers. More >>
Governor flags hike due soon: HSBC now calling 3Q
Thursday, 28 July 2011, 1:31 pm | HSBC Bank
RBNZ kept rates steady today at their emergency low, of 2.50%, as was expected. The Governor gave a strong indication that rates will need to rise soon, flagging that the RBNZ sees ‘little need’ for the ‘insurance’ cut to remain in place much ... More >>
The RBNZ Observer: 26 July 2011
Tuesday, 26 July 2011, 1:57 pm | HSBC Bank
Six weeks ago the Governor shifted the rhetoric from rates will be on hold for ‘some time’ to rates will be on hold ‘for now’. At the time, we posed the question: what will another six weeks bring? The answer: further confirmation that a solid ... More >>
HSBC Launches Life Insurance Campaign
Monday, 25 July 2011, 10:24 am | HSBC Bank
HSBC New Zealand has today announced the launch of a new campaign whereby HSBC Premier customers can receive the first three months of their premiums free when signing up for a life insurance policy with the Bank. More >>
New Zealand inflation strong
Monday, 18 July 2011, 1:07 pm | HSBC Bank
Inflation surprised on the upside, running at +1.0% in Q2 and +5.3% over the year (market had +0.8% q-o-q and HSBC had +0.9% q-o-q). The rise in the quarter was mostly driven by tradables, particularly fuel, while the non-tradables component, which ... More >>
GDP Figures: It Was Worth The Wait For Such Good News
Thursday, 14 July 2011, 3:30 pm | HSBC Bank
New Zealand was recovering around the turn of the year. Today’s GDP report shows the pick-up was stronger than expected. GDP rose by 0.8% in Q1 and 1.5% y-o-y. Dairy exports were a key contributor, although the recovery was fairly broad-based across ... More >>
30 Second International Transfers With No Fees
Monday, 4 July 2011, 10:17 am | HSBC Bank
HSBC New Zealand has today announced the launch of its new internet banking service Global Views and Global Transfers. Global Views allows HSBC Premier customers to see all their overseas accounts* on one screen at the same time with a single sign ... More >>
The RBA Observer On hold this month
Friday, 1 July 2011, 12:30 pm | HSBC Bank
RBA will be on hold this month as it waits for confirmation of rising inflation with the Q2 CPI print in late July speeches from RBA officials during the month reaffirmed their tightening bias but recent weaker labour market data and global indicators ... More >>
More Businesses In China To Use RMB In Cross-Border Trade
Friday, 1 July 2011, 11:32 am | HSBC Bank
NZ importers and exporters need to act now*** ***Nearly half to use RMB to hedge foreign exchange risk*** More >>
International Insurance Experts volunteer time for Chch
Wednesday, 29 June 2011, 10:28 am | HSBC Bank
Expert insurance claim assessors from HSBC in Asia and the United Kingdom are travelling to New Zealand to see if they can offer any assistance to the Earthquake Commission with claims from the Christchurch earthquakes. David Hewitt, HSBC Insurance Asia, ... More >>
HSBC Announces 10th Premier Rewards Partner
Monday, 20 June 2011, 1:57 pm | HSBC Bank
HSBC is delighted to announce that Sudima Hotels will be its tenth Premier Rewards partner to offer special privileges to HSBC Premier customers. HSBC Premier customers can now take advantage of special rates with Sudima Auckland Airport and Sudima Hotel ... More >>
