New Zealand Financial News

Asian shares were mixed on Wednesday as the world's most powerful central banker had a change of heart on U.S. rate cuts this year, pushing Treasury yields to new five-month highs and the dollar towering against other currencies. The beleaguered yen is plumbing fresh 34-year lows on an almost daily basis. It was last steady at 154.62 per dollar as the risk of government intervention loomed, although so far there has been no action from Tokyo apart from verbal warnings.

The cost of betting on further dollar gains in the options market rose to the highest since November as the US economy’s resilience drives demand for the currency.

IPL franchise was expected. But it was assumed that it would go away after two to three games. “If what Gilly is saying is even 50% true, that’s not good for a team.

Tesla senior officials quit as carmaker undertakes largest round of job cuts Musk responded to another user saying that the new accounts would be able to post after three months of creation without paying a fee. "They (new users) will be able to do write actions for free after three months," Musk wrote. However, Musk has not unveiled how much fee X platform would charge from new users.

ALSO READ: MI vs CSK: Mumbai crowd 'boos' Hardik Pandya despite Virat Kohli's request | Watch “Hardik Pandya bowling the last over showed the lack of faith on Akash Madhwal’s bowling and his own lack of skill as a death over bowler," he tweeted. However, former Australia cricketer Adam Gilchrist sees this differently. He says that it only showed Hardik's confidence.

ALSO READ: IPL 2024: Hardik Pandya is ‘injured’; Mumbai Indians captain is ‘not admitting it’, says former cricketer According to former New Zealand cricketer-turned-commentator Simon Doull Hardik's injury is preventing him from bowling full throttle at present. "You go out and make a statement by opening the bowling in game no. 1, and suddenly, you are not required," Cricbuzz quoted Doull as saying.

everywhere and nowhere. It is everywhere because political leaders, including Joe Biden, Narendra Modi, Emmanuel Macron and Xi Jinping, have recently adopted the term. And yet it is nowhere.

Bloomberg) --The European Central Bank held the line on interest rates but officials leaned even more toward a mid-year cut should inflation continue to cool. Lower borrowing costs would help nudge a European economy that’s struggled to register any growth for longer than a year. On the other side of the Atlantic, US economic activity is on much more solid footing and inflation is running too fast for Federal Reserve policymakers. Here are some of the charts that appeared on Bloomberg this week on the latest developments in the global economy, geopolitics and markets:

New Zealand has planned to mark the centenary of the 1926 tour of an Indian Army hockey team, which included a young Dhyan Chand, to that country as part of its vision to celebrate the «breadth of our sporting relationship», its envoy had said. Outgoing New Zealand's High Commissioner to India David Pine said 2026 will be a «special year of our relationship». He was speaking during an interaction hosted by think-tank Ananta Aspen Centre here on Friday. Asked about his nation's plan to mark the centenary of the historic tour, the envoy said, «Yes, we want to use it as a trigger to celebrate the breadth of our sporting relationship.»

Henry Nicholls is quite positive about his chances of regaining a place in the Test side. The 32-year-old from Christchurch was dropped from the Test side for the home series against South Africa earlier this year. He was replaced by young sensation Rachin Ravindra. But he was called back for the following series against Australia and that gave Nicholls the confidence that he was still in the scheme of things for the Black Caps team management. The 56-Test veteran has been an important part of the New Zealand’s Test side since scoring a fifty in his debut match in 2016 against Australia. And he was also a member of the side that won the inaugural World Test Championship, beating India in the Final in Southampton, England, in 2021. He didn’t contribute much with the bat in that match but took a brilliant catch to dismiss dangerous Rishabh Pant in the second innings. Excerpts from his interaction with ET Sport. You were part of the New Zealand side that beat India in the World Test Championships final. How big was the occasion?

The Minister of Commerce and Consumer Affairs of New Zealand, Andrew Bayly, has recommended a revamp of the country’s approach to digital asset regulation and the overall look on blockchain technology. 

Rajasthan Royals is doing great in the tournament, the form of its openers has been a constant concern. Ahead of the T20 World Cup, the selectors are keeping a close watch on IPL 2024 and Yashasvi Jaiswal's struggle might force them to rethink his position. Veteran cricketer Wasim Jaffer and Mitchell McClenaghan disagree on Yashasvi Jaiswal's approach in the IPL 2024 so far and while Jaffer wants the young opener to take his time before going aggressive, Mitchell McClenaghan believes that ahead of the T20 World Cup 2024, Rohit Sharma would want Yashasvi Jaiswal to display attacking cricket.

Ride-hailing major Ola Cabs is set to withdraw from its three overseas markets of the UK, Australia and New Zealand by month end. As reported, the company has started sending users notifications on the service’s impending closure, with its Australian operations set to cease from 12 April.

Pakistan on Tuesday named fast bowler Mohammad Amir and all-rounder Imad Wasim in their 17-player Twenty20 squad for their home series against New Zealand, after the duo announced that they were coming out of retirement ahead of the T20 World Cup. Amir, 31, made himself available for the T20 World Cup in March, more than three years after retiring from international cricket. Amir, who was jailed in 2011 for his part in a spot-fixing scandal, served three months in prison and a five-year ban from all forms of cricket before returning to the Pakistan squad in January 2016.

Ola Cabs is set to exit all of its existing international markets, namely the UK, Australia and New Zealand by the end of this month. The company has started sending out notifications to users about the impending closure, with operations set to cease in Australia from April 12. The firm had announced its rollout in Australia and New Zealand in 2018.

ALSO READ: Who is Yash Thakur? Lucknow’s hero in LSG vs GT match took the first fifer of IPL 2024 against Gujarat Dismissing the New Zealand batter, Bishnoi caught Williamson off his bowling as he leaped sideways. Praising Bishnoi, LSG fielding coach Jonty Rhodes decoded the catch and said, as quoted by IPL, "If you don't put your hands there, you never know. Someone like Ravi, he completely exhausts me and never misses a single day of practice.

New Zealand's immigration policies with its economic needs and mitigate migrant exploitation, Immigration Minister Erica Stanford has announced immediate adjustments to the Accredited Employer Worker Visa (AEWV) scheme. “Getting our immigration settings right is critical to this Government’s plan to rebuild the economy," she said. “The Government is focused on attracting and retaining the highly skilled migrants such as secondary teachers, where there is a skill shortage. At the same time we need to ensure that New Zealanders are put to the front of the line for jobs where there are no skills shortages,” Stanford added.

Bank that a June rate cut is really coming, though oil is on the rise again, clouding the inflation picture — and giving policy makers in Canada, New Zealand and Korea food for thought. China gears up to release a deluge of key data and U.S. banks kick off the earnings season.

IPL 2024: Captain Ruturaj Gaikwad and the Chennai Super Kings (CSK)'s decision to send MS Dhoni for batting against Sunrisers Hyderabad (SRH) at number 7 for just three balls have left cricket experts in wonder, while outlining it as a “significant error" which led to their second successive loss in IPL 2024. The likes of Shane Watson and Brett Lee insisted CSK to send Dhoni up the order. However, the explosive effort went in vain in Chennai's pursuit of 192.

Who won yesterday IPL Match? Sunrisers Hyderabad (SRH) took on Chennai Super Kings (CSK) at home on April 5. Hyderabad, coming from 3 defeats in 4 matches, won the toss and decided to bowl first. Rachin Ravindra and Ruturaj Gaikwad could not give CSK a steady start as the young New Zealand batter was out for 12 off 9 balls.

Auckland to Sydney Airport. The incident, which took place last December following a 3-hour Air New Zealand flight, resulted in the 53-year-old man being fined $395 for offensive behavior by a Sydney court in February, New York Post reported. This peculiar incident serves as a reminder of the unexpected challenges that can arise during air travel, highlighting the importance of maintaining decorum and respect for fellow passengers and airport personnel alike.