German Tribune

Kiwibank has joined the bandwagon of major banking institutions to pass on the Reserve Bank's higher official cash rate (OCR) rate to home owners.

The locally-owned bank announced it would raise floating mortgage rates by around 0.25% to 5.9%, effective from tommorow for novel clients and July 6 for subsisting Kiwibankers.

Tomorrow, the bank's six-month fixed mortgage rate will also rise from 5.99% to 6.10%, with one-year rates rising from 6.35% p. a. to 6.45%.

Babies serve as a social tool and males have a better chance of bonding with one another when carrying an infant. As fathers are very proud of their offspring's activities and they show it off to impress their friends.

The males compare the qualities of their babies, with other babies and then talks about it to their parents that how they develop these qualities in their children so it also helps male to make bond with each other.

Also bringing babies in social gatherings help males to bond with each other and elevate their status in a group.

Tiverton and Honiton MP Neil Parish has teamed up with celebrity GP Dr Chris Steele, to support Carers Week.

The discussion comprised the ways in which carers lives could be perked up.

The carer is the one who look after an ill, frail or disabled one.

They had to give up their leisure time or going out socially since they turned a carer. They are like heroes as they sacrifice their own lives and dreams to take care of others.

MP Neil Parish said , "I want to give back their lives , their health and happiness so they can carry on doing what they do best: caring".

According to researchers, regular drinkers of coffee were 39% less likely to have oral and pharynx cancers as compared to those who didn't consume coffee.

It accompanies a similar research carried out by Japanese researchers who followed patients' drinking habits for around 13 years and discovered that people who consuming at least one cup daily were much less likely to have cancer tumours.

The cases of oral cancer, which is mainly caused by smoking and alcohol, are going up among young and middle aged males.

It's a great saying that having great hair lifts a woman's spirit.

As per reports, humidity is the number one foe of hair because it expands the hair shaft and that's why people get frizz.

But now, Prof Robert Langer, whose earlier achievements consist of growing ear-shaped cartilage on the back of a mouse and creating blood vessels from stem cells, has come up with a novel product that protects the hair from the small water drops of water, which causes hair to kink and curl.

This novel product will also prevent hair from becoming greasy.

Investors sued Goldman Sachs Group Inc.'s top executives, including Chairman and Chief Executive Officer Lloyd Blankfein in two lawsuits filed on behalf of the firm over government fraud allegations.

Goldman Sachs officers and directors offended the law by allowing the company to enter into collateralized debt obligations tied to sub prime mortgages.

The case is concerned with Goldman's not disclosing the fact to the investors that hedge fund Paulson & Co. was involved in selecting the underlying securities and then bet against it. Paulson was not charged for wrongdoing.

Australia and New Zealand Banking Group Ltd. is looking for a bid to purchase major stake in Korea Exchange Bank, being sold by Lone Star Funds.

ANZ Bank has not yet appointed any adviser as preparations for an offer are at an early stage.

The Dallas based Lone Star Funds is selling the 51 percent stake of Korea Exchange Bank which worth $4.2 billion.

The 51 percent stake would give ANZ Bank CEO Smith control of a lender in the economy which is estimated to grow 5.2 percent this year.

The credit rating agency, Moody raised South Korea's credit ratings from A2 to A1 last week.