New Zealand Financial News

16.08 / 09:51

UPS FIVE Shubman Gill achieves career-best 25th rank; Yadav, Jaiswal also move up in ICC chart

Gill on Wednesday achieved his career-best 25th position while his batting colleague Yashasvi Jaiswal and spinner Kuldeep Yadav also made significant gains in the latest ICC T20I rankings. Gill gained 43 places following his scores of 77 and nine in the final two games of the five-match series against the West Indies.

16.08 / 06:37

UPS DOW COMPOSITE show Stock market today: Asia shares decline as faltering Chinese economy sets off global slide

Asian shares have declined amid worries over discouraging data on China, as well as over the future of the U.S. economy

16.08 / 01:21

Provident Target BLOCK Digital Landmark track country Governments abroad look to model on India’s ‘landmark’ data law

Governments globally including others like New Zealand said they are taking a 'keen interest' in not just the implementation of the Bill in the world's most populous country but also its approach to privacy regulation at large. While officials at some countries such as Norway told ET that they are even looking to introduce clauses that could mirror those in the DPDP Bill, others in countries such as South Africa said the success of the Bill was very critically tied to how the Data Protection Board (DPB) functions.

15.08 / 18:57

Target FIVE Manufacturing Strategy composer country Mahindra targets Europe, UK with global pick-up, eyes double-digit share in key exports markets

Cape Town: Homegrown automaker Mahindra & Mahindra is looking to tap the 2-million unit market for mid-sized pick-ups with a new global lifestyle pick-up truck that will first be launched in its key existing export markets including South Africa, Australia and New Zealand, Africa, the Middle East and South & Central America, the company announced during its global concept showcase in Cape Town on Tuesday. Mahindra is aspiring to snag a double-digit market share in these countries, where it has a rapidly growing presence, albeit with a single-digit share in the respective markets.

15.08 / 15:27

UPS Provident Target Assurant PwC Deloitte audit Big four name-and-shame audit quality reprieve criticised

Accounting bodies have softly lashed the corporate watchdog for axing its annual report card on big four accounting firms’ audit quality, cutting the program size, and ditching its chief accountant.

15.08 / 15:21

Ethereum Binance ETF SEC Gaming Bitcoin spot bitcoin market value Today in Crypto: ETFs 'May Account for 10%' of BTC Market Value in 3 Years, Jacobi Lists Europe's 1st Spot Bitcoin ETF, Binance Asks for Protective Order Against the US SEC, Dasset Exchange Begins Liquidation

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________

15.08 / 11:29

Provident Digital Progressive CEO social New Zealand Crypto Exchange Dasset Begins Voluntary Liquidation, Customer’s Assets Frozen

An Auckland-based crypto exchange Dasset has apparently gone into liquidation, denying hundreds of customers from accessing their assets.

15.08 / 09:37

business Adoption New Zealand crypto exchange Dasset enters liquidation

Customers of Auckland-headquartered crypto exchange, Dasset, are denied access to their funds, the company’s representative revealed the beginning of liquidation.

15.08 / 05:15

Provident Target COMPOSITE show Stock market today: Asia follows Wall Street lower after US data revive fears about rate hike

Asian stock markets have tumbled after mixed U.S. economic data revived worries the Federal Reserve might hike interest rates again

15.08 / 05:15

UPS COMPOSITE show reports Asian stocks Stock market today: Asian stocks mixed after China reports weak July data and cuts key interest rate

Asian stock markets are mixed after China reported weak July consumer and business activity and its central bank cut a key interest rate to shore up the struggling economy

15.08 / 03:15

UPS Provident Target Progressive Action Gap Debelle attacks ‘complacency’ in carbon reduction efforts

Fortescue Future Industries director Guy Debelle has accused the federal government of lacking urgency in backing up climate targets with actual measures to drive decarbonisation, saying that another horrendous summer of bushfires might be needed to galvanise Canberra into action.

14.08 / 19:29

CBDC Adoption Africa Gold Reserve Bank of Zimbabwe Backed Zimbabwe central bank close to introducing gold-backed digital tokens into retail

The Reserve Bank of Zimbabwe (RBZ) expects to launch its gold-backed digital token (GBDT) for retail use soon, the RBZ has stated. This follows the token’s success with investors, which the bank described as “commendable” in a recent report.

14.08 / 17:17

COST FIVE Gap stage country play Ben Stokes set to come out of retirement to play World Cup, could skip IPL

England Test captain and the world's premier all-rounder Ben Stokes is all set to come out of retirement and play the ODI World Cup in India even if it comes at the cost of missing a season of cash-rich IPL, according to British daily 'The Telegraph'. According to a report in the leading English newspaper, «Ben Stokes is prepared to make a sensational U-Turn and reverse his one day international retirement to help England's World Cup defence in India this year, even if it means missing out on next season's Indian Premier League.» «The England Test captain now appears willing to play World Cup if he is asked by white-ball captain Jos Buttler,» the paper further reported.

14.08 / 14:07

COST UPS Provident Remark show country Indian International Rupee goes international: Journey of Indian currency since 1947

Keeping other aspects of the economy aside, let us have a glance at how the Indian rupee from being a relatively weak currency started its journey toward internationalisation. The value of a country's currency and its usage for global trade are among the key indicators for gauging its economic stride. Banks from 22 countries have opened special Rupee vostro accounts in Indian banks in order to trade in local currency as part of gradual de-dollarisation plans, the Parliament was informed during the just concluded monsoon session of Parliament.

13.08 / 21:31

COST Amazon Platform dance Men in Kilts Season 2: See when and where to watch the series

Men in Kilts has premiered. The last season of Sam Heughan and Graham McTavish's travel series immersed viewers in Scottish culture, exploring superstitions, Highland dancing, cuisine and more. This season, the duo embarks on a road trip in New Zealand, spotlighting Indigenous cultures.

12.08 / 19:25

BLOCK US government sanctions Russians on the board of Alfa Group in response to war in Ukraine

The U.S. Treasury Department has imposed financial sanctions against four Russians on the board of Alfa Group

12.08 / 01:57

UPS Google Pool Southern Celebrity stage Google doodle celebrates 2023 FIFA Women's World Cup Quarter Finals

Also read: Google Doodle celebrates Women's Fifa World Cup 2023 The 2023 FIFA Women's World Cup, co-hosted by New Zealand and Australia, commenced on July 20. The group stage concluded on August 3, leading up to the Round of 16 matches scheduled from August 5 to 8. The ultimate climax, the final, is set to take place on August 20.

11.08 / 19:41

UPS Viatris cover end Biocon to close Viatris merger by FY24 end

MUMBAI : Biocon Biologics Ltd expects to conclude the merger with Viatris’ biosimilars portfolio in FY24, chief executive Shreehas Tambe said on Friday. “We are looking to complete the transition ahead of time. We planned a two-year transition.

11.08 / 17:47

UPS Software ANZ APA Meet the mystery infra fund competing with APA for Alinta WA

Wall Street giant Morgan Stanley’s infrastructure investing arm has emerged as a competing bidder to ASX-listed gas pipelines giant, APA Group, in the circa $2billion sale process for Alinta Energy’s power assets in the Pilbara.

11.08 / 13:37

UPS Lowe's Citizens country Explainer Mint Explainer: 1.6 million Indians renounced their citizenship over a decade. A look at what’s happening

COVID-19 pandemic. – Those same individuals have acquired citizenship of a vast array of countries. The United States was a hot favourite with 71,991 individuals acquiring US citizenship in 2022.

11.08 / 08:43

UPS COMPOSITE Tapestry show Asian stocks Stock market today: Asian stocks decline after US inflation edges higher

Asian stock markets are lower after U.S. inflation edged higher, fueling unease about the outlook for the biggest global economy

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