New Zealand Financial News

US insurance broker giant Marsh & McLennan is nearing an agreement to acquire Australia’s Honan Insurance, according to people familiar with the matter.

By Alasdair Pal

The country’s busiest airport has blasted Qantas and Virgin Australia for wasting capacity, saying a lack of seats, rather than lack of demand is limiting domestic passenger traffic.

Women's World Cup, Spain emerged triumphant with a 1-0 victory over England in the final match. The tournament, co-hosted by Australia and New Zealand, not only witnessed this historic clash but also set new records in attendance and television viewership, sparking optimism for an upsurge in women's soccer interest.

The New Zealand Breakers – the privately owned, Auckland-based club – appears to be on the radar of investors as the team goes toe-to-toe with the Sydney Kings for the top spot in the National Basketball League.

Prithvi Shaw has been ruled out of the remainder of his stint with Northamptonshire after sustaining an injury during the One Day Cup match against Durham. Prithvi injured his knee while fielding against Durham and subsequent scan results have revealed the injury is worse than initially expected, Northamptonshire said in a statement.

World Cup games in as many days is not ideal for organisational as well as security reasons and hope a one day breather is provided, said a Hyderabad Cricket Association (HCA) official on Sunday, signalling another change in schedule for the ODI showpiece beginning in India on October 5. After a much-delayed schedule announcement in June, the BCCI and ICC rescheduled as many as nine games earlier this month, including the marquee clash between India and Pakistan. With the Indo-Pak fixture in Ahmedabad advanced by a day on October 15, Pakistan's game against Sri Lanka in Hyderabad was moved to October 10 from October 12.

In a major change headache for BCCI and ICC, a change in the schedule for the upcoming ODI World Cup might have to be changed once again after a letter from the Hyderabad Cricket Association (HCA). According to a report in The Indian Express, the HCA has written to the BCCI asking for a gap between consecutive matches to be played on 9 and 10 October. The Rajiv Gandhi Stadium in Hyderabad is scheduled to host the Netherlands vs New Zealand match on 9 October, followed by the Pakistan vs Sri Lanka match on 10 October.

USA secured a place in the ICC Under-19 ODI World Cup after an impressive performance in the Americas qualifiers, joining the already qualified 15 teams for the event in Sri Lanka next year. They won five out of six matches to top the four-team qualifiers with 10 points, same as Canada, but topped the standings on better net run-rate (4.84).

England has been waiting for has finally arrived — their Lionesses are in the Women's World Cup final, marking the nation's first appearance in such a prestigious match since 1966. The hopes of an entire country are now firmly placed on the shoulders of these fierce athletes who have battled their way to this remarkable milestone. However, Spain's La Furia Roja stands as a formidable obstacle, also entering their maiden women's final, setting the stage for an unforgettable clash on the field.

While the cry for crypto regulation is becoming ever louder in much of the world, and regulation by enforcement is a controversy, a report prepared for the New Zealand Parliament has recommended a slow, agile approach. The report was commissioned by the Finance and Expenditure Committee of the New Zealand House of Representatives in 2021 and titled “Inquiry into the current and future nature, impact, and risks of cryptocurrencies.”  

Deutsche Bank could be set to make a comeback to the Australian M&A scene after a well-heeled hire was announced to staff on Friday afternoon.

Global stocks have followed Wall Street lower after notes from a U.S. Federal Reserve meeting dented hopes that interest rate hikes are finished

Asian buyout firm Navis Capital Partners is ready to fly the coop at Mainland Poultry.

Nirmala Sitharaman on Thursday asked chartered accountants to adequately familiarise themselves with new and growing areas of auditing, including ESG (environmental, social, and governance) and carbon accounting, and to adopt technology to improve their productivity. Developing expertise in new areas will help not just their clients but also the broader ecosystem, Sitharaman said at an event held by Institute of Chartered Accountants of India (ICAI) in Bhubaneswar.

Asian stocks have followed Wall Street lower after notes from a U.S. Federal Reserve meeting dented hopes interest rate hikes are finished

women’s football World Cup, held this year in Australia and New Zealand, is setting records. England eventually beat Colombia, and then Australia, to set up a final against Spain on August 20th. Attendance at the tournament is over 1.8m, up from 2015’s record of 1.4m.

The Matildas may not have won on the scoreboard on Wednesday night, but they have gone down in history for smashing audience records that have lasted two decades.

dollar pushed the yen deeper into intervention territory on Thursday as a resilient U.S. economy underscored the need for higher-for-longer interest rates, while a strikingly ultra-dovish Bank of Japan struggled to defend its policy stance. The Australian dollar tumbled after the country's July employment unexpectedly fell while its jobless rate ticked up more than expected.

Spain vs Sweden semi final match in the FIFA Women’s World Cup 2023 created history by becoming the most-watched game in a Women’s World Cup. At one point in time, as many as 3,755,000 people were watching the match on Spain’s government-controlled RTVE La 1 channel, besides 43,217 spectators in the Auckland Park stadium in New Zealand.

Google Doodle is celebrating the ongoing FIFA Women’s World Cup 2023. The doodle was first unveiled on the opening day and has now been displayed again during the quarter-finals on Wednesday. Hosted by Australia and New Zealand, this marks the ninth edition of the Women’s World Cup. The inaugural women’s football championship by FIFA took place in 1991. Before that, in 1988, FIFA organized an Invitation Tournament in China as a test. Encouraged by its success, FIFA moved forward with plans for an official women’s world championship, though it hesitated to label it as the World Cup back then. The US claimed victory in the first Women’s World Cup, triumphing over Norway 2-1 in Guangzhou. England entered the scene in the 1995 Women’s World Cup, facing Nigeria in a knockout match. They secured a 3-2 win. However, their journey was halted by Germany in the quarter-finals, resulting in a 0-3 loss. Germany advanced to the final but was defeated by Norway, marking the first European nation to clinch the Women’s World Cup. In its celebration, Google recognized the significance of the ninth edition of the FIFA Women’s World Cup 2023. It sent best wishes to all participating national teams, saying, “The world is watching with flags in their hands and hope in their hearts!” Commencing on July 20, the FIFA Women’s World Cup 2023 reached the quarter-final stage on August 11. The final is scheduled for August 20. The Lionesses advanced to the semi-finals by overcoming Colombia in the quarter-finals, putting them two matches away from winning the championship. The team has already secured victories against Haiti, Denmark, China, and Nigeria – but the true challenge lies ahead.