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90 at 9: Mortgagee sales hit record; China was new reserve currency; F and P Finance not for sale

90 at 9: Mortgagee sales hit record; China was new reserve currency; F and P Finance not for sale



Bernard Hickey details the key news overnight in 90 seconds at 9 am in association with ASB, including news from Terralink of a 25% rise in mortgagee sales in April to a record high. Meanwhile China is proposing again to change the global reserve currency from the US dollar to the IMF's SDR and Fisher and Paykel Appliances has denied talk it wanted to sell Fisher and Paykel Finance.

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