New Zealand Financial News
02.11 / 02:43
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Dollar tracks Treasury yields lower as Fed stays on hold
Treasury yields as markets grew more convinced the Federal Reserve was done with its aggressive monetary policy tightening cycle after it left rates unchanged. The Fed on Wednesday held interest rates steady as widely expected, as policymakers struggled to determine whether financial conditions may be sufficiently tight to control inflation. However, Fed Chair Jerome Powell acknowledged that a recent market-driven rise in Treasury bond yields, home mortgage rates and other financing costs could have their own impact on the economy as long as they persist. The decision lifted sentiment in Wall Street, which spilled over into the Asia day, giving a small boost to the risk-sensitive Australian and New Zealand dollars. The Aussie rose 0.5% to a three-week high of $0.6426, while the kiwi similarly jumped more than 0.5% to hit a two-week top of $0.58825. The dollar edged broadly lower alongside U.S. Treasury yields which touched multi-week lows in early Asia trade.
02.11 / 01:15
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India vs Sri Lanka, ICC World Cup 2023 match today: When, where and how to watch; live-streaming details
World Cup 2023 match at Wankhede Stadium, Mumbai. The India vs Sri Lanka Mumbai ODI is a day-night match starting at 2 p.m. It would be the 7th match of both the teams in the ICC ODI World Cup 2023.
01.11 / 15:07
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World Cup 2023 highest team scores: South Africa, Australia dominate, India not in top 5
South Africa scored 428/5 against Sri Lanka: South African batters are playing ICC World Cup 2023 in beast mode as they scored the highest score in the history of the World Cup against Sri Lanka. Quinton de Kock, Rassie van der Dussen, and Aiden Markram smashed centuries, which is also the first time in the history of the World Cup when three players of a team completed their tons. 2.
01.11 / 12:25
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Macro hedge funds rebound from disastrous first-half
Macro trades have bounced back to become the best performing hedge fund strategy in the third quarter, turning a page on a dismal first half that saw economic uncertainty weigh on managers.
01.11 / 09:45
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G10 central banks hit rate plateau in October, emerging markets diverge
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01.11 / 09:39
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Pandya's return unlikely until's India's last league game against Netherlands on November 12
Netherlands on November 12. Pandya had hurt his left ankle while fielding on his own bowling in the game against Bangladesh in Pune on October 19. He missed the games against New Zealand and England and is also set to miss the fixtures against Sri Lanka on Thursday and South Africa on November 5.
01.11 / 08:41
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Race to ICC World Cup semifinals picks up steam: What's the math behind each team's fight for semis spot?
As of match number 31, the points table positioning has only got more interesting with no team having secured a place after six games played by each one. The hosts India are leading the table with remaining undefeated so far in the tournament and have 12 points in their kitty. Meanwhile, South Africa boast a splendid Net Run Rate (NRR) of +2.032 and 10 points in six matches. New Zealand and Australia are in the third and fourth position respectively with 8 points and a minor difference in the NRR. That said, three league matches left for each team except Pakistan and Bangladesh, signal significant and genuine chances for teams including Afghanistan, Sri Lanka and Netherlands to claim a semifinals’ spot.
01.11 / 07:55
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A trial of New Zealand tourism operators in the volcanic eruption that killed 22 people ends
A trial of New Zealand tourism operators accused of safety breaches after 22 people died in a 2019 volcanic eruption has ended with the last remaining defendant found guilty on one count
01.11 / 06:06
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ICC World Cup 2023: BCCI bans firecrackers in Delhi, Mumbai during matches due to worsening air pollution
World Cup matches in the two megacities. “BCCI is sensitive to environmental concerns. I took up the matter formally with the ICC and there won’t be any fireworks display in Mumbai, which can add to the pollution level," said BCCI secretary Jay Shah in a statement on Wednesday.
01.11 / 05:05
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Word of the Year: Collins Dictionary crowns ‘AI’ as the winner for 2023; nepo baby, greedflation also make the list
AI has been a big focus this year in the way that it has developed and has quickly become as ubiquitous and embedded in our lives as email, streaming, or any other once futuristic, now everyday technology." To determine this choice, Collins Dictionary analyzed the Collins Corpus, a database containing over 20 billion words from written materials, including websites, newspapers, magazines, and books published worldwide. The analysis also considered spoken language from radio, TV, and everyday conversations.
01.11 / 02:03
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ICC World Cup 2023: Who’ll win New Zealand vs South Africa match? Prediction, fantasy team, pitch report and more
World Cup 2023, will clash at the Maharashtra Cricket Association Stadium in Pune. Both these teams have had a great tournament so far. South Africa have won 5 out of their 6 matches, losing only to the Netherlands.
01.11 / 02:03
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New Zealand vs South Africa, ICC World Cup 2023 match today: When, where and how to watch; live-streaming details
New Zealand will take on South Africa on November 1 in the 32nd ODI World Cup 2023 match at MCA Stadium, Pune. New Zealand vs South Africa Pune ODI is a day-night match and will start at 2 p.m. It would be the 7th match of both the teams in the ICC ODI World Cup 2023.
31.10 / 17:37
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World Cup 2023 top run-scorers: Mohammad Rizwan enters top 5 as Virat Kohli drops to 7; check others on list
World Cup was played between Pakistan and Bangladesh in Kolkata, Pakistan's Mohammad Rizwan entered the list of top five batsmen scoring the most runs in the ongoing World Cup in India. Mohammad Rizwan scored 26 runs from 21 deliveries and remained not out while chasing the target of 204 runs set by Bangladesh. Mohammad Rizwan entered the top five position ahead of Aiden Markram of South Africa and Virat Kohli of India.
31.10 / 12:07
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India is yet to qualify for ICC World Cup semis despite unbeaten 6 match streak - Here's why
ALSO READ: World Cup 2023 top run-scorers: Rohit Sharma enters top 5, South Africa's de Kock on top; check others on list Looking at the points tally, India currently have 12 points and can be joined by South Africa, Australia, New Zealand, and Afghanistan in the next scheduled matches. Tough, it will be tough for Pakistan or Bangladesh to outscore India in points. Even if India fails to win the remaining three matches – with South Africa, Sri Lanka, and Netherlands, they will remain on 12 points.
31.10 / 06:10
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SBS scores rights to next men’s soccer World Cup
Government-owned broadcaster SBS has secured the rights to the 2026 FIFA Men’s World Cup, outbidding commercial free-to-air networks and streaming giants including Paramount and Optus Sport.
30.10 / 08:45
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Suncorp cuts management jobs in latest finance sector losses
Suncorp is putting a scythe through insurance management ranks, cutting 25 leadership positions as it tries rejigging structures.
30.10 / 01:19
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Afghanistan vs Sri Lanka, ICC World Cup 2023 match today: When, where and how to watch; live-streaming details
World Cup 2023 match at Maharashtra Cricket Association Stadium, Pune. Afghanistan vs Sri Lanka Pune ODI is a day-night match and will start at 2 PM. It would be the sixth match of both teams in the ICC ODI World Cup 2023.
29.10 / 21:01
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‘The Chosen’ Season 4: Release Date, time, what to expect and more
Angel Studios, started producing 'The Chosen' in 2019. This unique series, which provides a novel perspective on the life of Jesus Christ, primarily sees his life as a historical drama. Interestingly, instead of focusing on Jesus, the series delves deep into the experiences of those who met him, allowing viewers to see Christ from the perspective of those he impacted.
29.10 / 17:49
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View: Investors everywhere want a piece of the cricket action, as value creation picks up runs
G20 summit, India is hosting another global gathering — the ICC Cricket World Cup 2023, which has returned to India after 12 years. In this period, India has established itself as the commercial centre of the sport, with a huge fan base that consists of traditional cricket enthusiasts, new young fans and increasingly women. This passion and conviction has drawn in global and Indian advertisers, even as 10-second ad spots are being priced at a 40% premium when compared to the 2019 World Cup.
29.10 / 17:11
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World Cup 2023 top run-scorers: Rohit Sharma enters top 5, South Africa's de Kock on top; check others on list
World Cup was played between India and England in Lucknow, India's Rohit Sharma entered in the top five after scoring a brilliant 87 runs under testing conditions. Rohit also overtook Virat to become India's leading run-getter in this World Cup for India. Here is a look at the top ten batsmen who scored maximum runs till the India-England game: Quinton de Kock who has scored three centuries in this World Cup is at the top of the chart and is one of the main reasons for South Africa's brilliant performance in the World Cup.
29.10 / 14:05
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Tether Intervenes on Terrorism Funding, Freezing 32 Cryptocurrency Addresses
Tether, the preeminent stablecoin firm globally, has once again exemplified its resolve against illicit financial activities by freezing 32 cryptocurrency addresses, implicated in terrorism and warfare funding within Israel and Ukraine. The move showcases the intensifying collaboration between cryptocurrency establishments and global law enforcement to counteract the rising tide of digital-financed crime.
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