Articles tagged kris Faafoi

Donald Trump threatened to impose tariffs on US$200 billion of Chinese imports. China promised to retaliate. Trump said he would add another $200 billion if China did. The Kiwi dollar fell below 69 USc. David Parker agreed to exempt Singaporeans from the foreign buyers ban to allow the CPTPP to go ahead. Kris Faafoi announced plans to toughen rules on beneficial ownership and director identification. A major inquiry into a firm of private investigators used by Government agencies was launched.

The Reserve Bank gave the financial system a clean bill of health in its half-yearly Financial Stability Report today, but said it wanted to see subdued mortgage lending growth sustained before it further eased restrictions on Loan to Value Ratios.