New Zealand Financial News

By Valerie Volcovici

methane emissions from space. The MethaneSAT satellite will add to a growing fleet of spacecraft in orbit that are meant to help fight climate change by publishing data on emissions of the invisible but potent greenhouse gas.

Devon Conway is all but ruled out of the upcoming Indian Premier League (IPL) as he will be sidelined for at least eight weeks due to the thumb injury he sustained during the T20I series against Australia last month. The 32-year-old Conway will undergo surgery on his left thumb which got injured during the second T20I in Auckland on February 23. He missed the first Test which ended on Sunday and after further medical examination, he has been advised surgery. «Devon Conway has a small fracture in the joint of his thumb. So he will undergo surgery this week and hopefully he will good in somewhere between an eight-week period,» New Zealand head coach Gary Stead said in a media interaction. Conway was bought by Chennai Super Kings for a base price of Rs 1 crore in the 2022 auction. The left-handed batter has amassed 924 runs in 23 matches in the IPL at an average of 46.12 with a strike rate of 141. 28.

SYDNEY (Reuters) — New Zealand's central bank on Monday said banks must report major cyber incidents within 72 hours, as it plans to implement formal cyber reporting requirements in phases through this year.

Sunrisers Hyderabad is likely to change its skipper ahead of the upcoming season in 2024, Cricbuzz reported. Sunrisers Hyderabad may name Australia's Pat Cummins as their new skipper after the team’s miserable performance in the last season under Aiden Markram, the report said. The 17th edition of the Indian Premier League is scheduled to start from March 22.

Tourist operators of a New Zealand island where a volcanic eruption killed 22 people have been ordered to pay nearly $7.8 million in fines and reparations

By Tom Westbrook

India's latest batting sensation Yashasvi Jaiswal advanced towards a top-10 spot in the ICC rankings for Test batters by climbing three spots to 12th while his compatriot Dhruv Jurel leapfrogged 31 places to 69th on Wednesday. Jaiswal, who started the series in 69th position, continues his ascent to the top after scores of 73 and 37 in the fourth match of India's ICC World Test Championship series against England in Ranchi. Player of the Match Jurel's scores of 90 and 39 has jumped a whopping 31 places while former England captain Joe Root is back in the top three. Root, a formerly top-ranked batter, struck an unbeaten 122 in the first innings in Ranchi to move up two places to third position. He also moved up three spots to fourth among all-rounders.

Dilwale Dulhania Le Jayenge, Jab We Met, Mohabbatein and others have been re-released over the past few weeks, as have southern language hits from the 1990s and 2000s. While ticket prices are kept nominal to ensure footfalls, trade experts point to the tactic to keep things going at a time when returns from new titles have hit rock bottom.

A look at the day ahead in European and global markets from Ankur Banerjee

Investing.com-- Most Asian currencies moved in a flat-to-low range on Wednesday, while the dollar strengthened as markets positioned for more cues on the U.S. economy and interest rates due later in the week.

Federal Reserve's easing cycle, while the New Zealand dollar fell sharply after the central bank softened its hawkish stance on rates. New Zealand's central bank held the cash rate steady at 5.5% on Wednesday, reiterating that previous rate hikes had helped dampen prices, but adding that the risk of further rate hikes had been reduced. The kiwi was last at $0.61235, down 0.75% on the day.

U.S. dollar held steady as traders brushed off durable goods data overnight and awaited the Federal Reserve's preferred measure of inflation due Thursday for clues on when the U.S. central bank may start cutting interest rates. The Reserve Bank of New Zealand's (RBNZ) interest rate decision later in the Asian morning also has market participants on edge, with the New Zealand dollar calm ahead of what could turn out to be a significant policy meeting.

By Lucy Craymer

By Brigid Riley

tobacco sales for future generations, the government said, even while researchers and campaigners warned of the risk that people could die as a result. Set to take effect from July, the toughest anti-tobacco rules in the world would have banned sales to those born after Jan.

Investing.com-- Most Asian currencies rose slightly on Tuesday, taking some relief from mild declines in the dollar before a key inflation reading which is set to offer more cues on U.S. interest rates this week. 

Federal Reserve may begin cutting interest rates. The yen firmed slightly after figures showed consumer inflation stayed at the Bank of Japan's 2% target, rather than dipping below it for the first time in nearly two years, as economists had forecast.

Akaay on February 15. India have remained test cricket's most tourist-unfriendly destination for over a decade and even England's gung-ho 'Bazball' approach could not change that reality on Monday. India's five-wicket victory on a spiteful track in Ranchi was not really a cakewalk, thanks to England's never-say-die spin attack.

By Phil Stewart and Idrees Ali

US forces and the United Kingdom Armed Forces, with the support of several other countries, conducted strikes against 18 Houthi targets in Iranian-backed Houthi terrorist-controlled areas of Yemen, according to the US Central Command. The joint strikes, with support from Australia, Bahrain, Canada, Denmark, the Netherlands, and New Zealand, were conducted on Saturday at 11:50 pm. CENTCOM shared on X, stating, «On Feb. 24, at approximately 11:50 p.m. (Sanaa Yemen time), U.S. Central Command forces alongside UK Armed Forces, and with support from Australia, Bahrain, Canada, Denmark, the Netherlands, and New Zealand, conducted strikes against 18 Houthi targets in Iranian-backed Houthi terrorist-controlled areas of Yemen.»