New Zealand Financial News

dollar rose broadly on Wednesday and stood near a two-week high against its major peers, underpinned by a confluence of factors including elevated U.S. Treasury yields and a cautious turn in risk sentiment that weighed on Wall Street. Trading was thinned in Asia with Japan out on a holiday, and with investors still returning from an extended New Year break, currencies traded mostly sideways in early deals. However, the New Zealand dollar, often used as a proxy for risk appetite, slid to a two-week low of $0.62485. The Australian dollar likewise hit a two-week trough of $0.6756. The U.S.

Star Sports’ broadcast of IPL Auction 2024 which was held on December 19, has equalled the highest viewership for any ‘mini’ auction in BARC history. The live auction was watched by 22.8 million viewers, which is 29 per cent higher than last year.

Test series in New Zealand. South Africa's uncapped player Niel Brand will lead the team against the mighty Kiwis. The squad has only three players from the current team playing against India- Keegan Petersen, David Bedingham, and Zubayr Hamza.

Happy New Year 2024 LIVE: A very Happy New Year to you all New Zealand, following closely as the second country to enter the new year, illuminated the night sky with dazzling fireworks displays, while people gathered in various iconic locations to usher in the fresh beginning. Pictures captured the vibrant festivities, showcasing the diverse ways in which different nations embraced the joyous occasion.

quality of their sleep is better or worse. Surveys show that some countries are peopled by night owls, but others by early birds. But why this is so remains an open question.

New Year 2024, it's fascinating to explore which country will be the first to usher in the festivities and which will bid adieu to the passing year. With time zones creating a sequential tapestry of celebrations, the globe embarks on a journey into the future.

dreams of Indian fans as Australia won the title for the sixth time. Number 9: Stylish middle-order batsman Suryakumar Yadav continued his rise in 2023. He was the leading run-scorer for India in T20Is.

In October 2023, Pope Francis allowed women to vote at the Synod of Bishops for the first time. Allowed to attend only as observers in the past, five religious sisters were allowed to vote at the Papal advisory body in a momentous shift for the Roman Catholic Church, which has been male-dominated for centuries. With this historic move, Vatican City became the last country in the world to give its women the right to vote.

Virat Kohli has achieved another remarkable feat, breaking the record set by Sri Lankan legend Kumar Sangakkara for scoring over 2000 runs in international cricket the most times in a calendar year. Kohli achieved this milestone during the ongoing test match against South Africa. During the match, Kohli crossed 2000 international runs milestone.

By Ankur Banerjee

Narendra Modi on Tuesday said the Sikh gurus have taught Indians to live for the glory of their land and served as an inspiration to make the country better and developed. Speaking at a 'Veer Bal Diwas' event to commemorate the martyrdom of two sons of Guru Gobind Singh, Modi said India is now coming out of the «mindset of slavery» and has full faith in its people, their abilities and heritage. «When we did not respect our heritage, the world also did not value it,» he said, adding that the global perspective has now changed.

Boxing Day, shrouded in historical curiosities and evolving traditions, transcends its origins to become a globally observed occasion. Despite its name's misleading connotation, this holiday, rooted in Victorian England, reflects generosity, maritime rituals, and diverse cultural adaptations. Exploring its multifaceted nature unveils a tapestry of traditions, global resonance, and the commercial metamorphosis that characterizes contemporary celebrations. 1. What is the origin of Boxing Day?

By Rae Wee

Quiver Quantitative — The U.S. dollar is facing challenges in gaining momentum in the global currency markets, impacted by recent data indicating a cooling in U.S. inflation. This trend is fueling expectations that the Federal Reserve may ease interest rates in the coming year. Amidst the holiday season's thin trading, the euro and sterling showed marginal changes against the dollar, while the Australian and New Zealand dollars hovered near their five-month highs.

Catch Live Market Updates here Analysts expect the market to remain range bound with stock specific action this week ahead of the year end. However, the underlying tone of the market remains positive on rising bets on the US Federal Reserve to cut interest rates early next. The Indian stock market indices ended higher on Friday tracking positive cues from global peers.

stocks traded tentatively on Tuesday, while the dollar lurked near a five-month low as cooling U.S. inflation bolstered bets the Federal Reserve would cut interest rates soon. Investors were still digesting data released on Friday that showed U.S. prices fell in November for the first time in more than 3-1/2 years, underscoring the economy's durability.

The yen meanwhile steadied near its recent five-month peak on the prospect that the Bank of Japan (BOJ) could soon mark an end to its ultra-easy policy. For most of 2022 and 2023, the policy has kept the Japanese currency under pressure as other major central banks globally embarked on aggressive rate-hike cycles. Currency moves were largely muted in the day after Christmas, with markets in Australia, New Zealand and Hong Kong still out for the Boxing Day public holiday. Against the greenback, the euro slipped 0.06% to $1.1019, but was not too far from a more than four-month top of $1.1040 hit last week. Sterling was little changed at $1.2701, while the Australian and New Zealand dollars were huddled near their recent five-month peaks. The dollar index languished near a five-month low of 101.42 hit last week, and was last at 101.65. Data released on Friday showed U.S.

«Overall the mood of the market remains positive. We expect the market to remain range bound with stock specific action next week,» said Siddhartha Khemka, Head — Retail Research, Motilal Oswal. Here's breaking down the pre-market actions: STATE OF THE MARKETS Gift Nifty (Earlier SGX Nifty) signals a positive Nifty futures on the Gift Nifty traded at 21,418.50, up 24 points or 0.11%, signalling a positive start for Dalal Street.

The world of football is witnessing a remarkable fusion of sports and digital innovation with the upcoming FIFA Club World Cup Saudi Arabia 2023™. In a groundbreaking move, FIFA+ Collect, in collaboration with the technology firm Modex, is set to release an exclusive digital collectible series. This initiative marks the beginning of a new partnership that melds the excitement of football with the cutting-edge realm of digital collectibles.

Dunki' director Rajkumar Hirani shared amusing insights into how he managed to sidestep the enchanting charisma of none other than Shah Rukh Khan during the filming of their latest venture. Known for his irresistible charm, King Khan's magnetic allure often leaves a lasting mark on his co-stars and directors alike. Hirani, in an exclusive interview with Zoom, disclosed the unconventional measures he adopted to stay focused on his directorial duties.

COVID LIVE UPDATES A report by Moneycontrol mentioned that the Serum Institute of India (SII) currently offers a vaccine against the XBB1 variant of Covid-19, which is "similar" to the JN.1 variant. The spokesperson told the business website that SII would share the documents with the public once they are submitted to the regulators. Mint could not officially verify the report.