New Zealand Financial News

Giant investor BlackRock has singled out large-scale battery storage and electric vehicle charging infrastructure among priority near-term investments for a new $NZ2 billion ($1.86 billion) fund that will invest in infrastructure to underpin New Zealand’s goal for a fully renewables-powered grid by 2030.

New Zealand’s government says it will partner with U.S. investment giant BlackRock as it aims to become one of the first nations in the world to have its electricity grid run entirely from renewable energy

Asian stocks are mixed after Wall Street rallied and Japanese wages rose ahead of a U.S. inflation update that might influence Federal Reserve plans for possible interest rate hikes

James Hardie lifted prices by 12 per cent in Australasia in the June quarter, pushing profit margins in the region to an all-time high even though its sales volumes slipped.

China's exports are expected to fall 12.5% in July from a year earlier, based on a Reuters poll of economists, extending a drop of 12.4% in June and marking the worst reading since the early days of the pandemic in February 2020. The trade figures come a day ahead of the country's inflation reading, with markets on the lookout for further signs of deflation in the world's second-largest economy. Ahead of the data release, the offshore yuan was little changed at 7.2039 per dollar.

England's women's national football team, known as the Lionesses, secured their spot in the quarter-finals of the Women's World Cup with a tense penalty shootout victory against Nigeria in Brisbane. The triumph set them up for a quarter-final clash against one of the two surprising teams that have shown impressive progress in the tournament. Under the guidance of coach Sara Wiegman, England has emerged as one of the favorites to lift the trophy. Topping their group and witnessing the elimination of one of their main rivals, the US, in a penalty shootout against Sweden, has bolstered their confidence. However, the team is well aware that there's still a long journey ahead, and as England fans know, hope can be a double-edged sword. The Lionesses are determined to seize this opportunity, and the Women's World Cup holds the promise of an exciting and unpredictable path for the team from this point onward.

One of the country’s largest veterinary chains, VetPartners, is on the market – the latest in an industry that’s been rapidly consolidating and increasingly of interest to institutional investors.

Bunnings will cut 100 jobs from its New Zealand head office in a bid to become more efficient at a time when consumers are slowing their spending and seeking lower prices.

There’s more Asian capital hunting local vitamin and supplements brands.

Women's World Cup holders was brought to an end in the most dramatic fashion as they were dumped out on penalties by Sweden, who joined the Netherlands in reaching the quarter-finals on Sunday. Sweden face Japan in the last eight as the drama and shocks just kept coming at the tournament in Australia and New Zealand. The Netherlands beat South Africa 2-0 and meet Spain.

₹24,470 crore. The railways has set an internal target of one-and-a-half years to two years to complete the projects. Speaking through videoconference, the prime minister said that the redevelopment project will represent a huge boost for infrastructure development in the country.

Megan Rapinoe, a key figure in the US Women's National Team (USWNT), faced harsh criticism from angry soccer fans for her reaction after missing a crucial penalty during the Women's World Cup. The incident occurred during a tense penalty shoot-out against Sweden, which eventually led to the USWNT's elimination from the tournament.

World Cup crown came to a heartbreaking end after a dramatic penalty shootout defeat against Sweden. The four-time champions, who had been the favorites to win the tournament in Australia and New Zealand, were knocked out at the last 16 stage following a hard-fought 0-0 draw in normal time.

Let’s face it – investing in retail now is as contrarian as it gets. Domino’s Pizza Enterprises, the master franchisee for Domino’s in Australia and New Zealand, has been out of favour with investors for some time.

Narendra Modi laid the foundation stone for the redevelopment of 508 railway stations across the country via video conferencing on Sunday. Redeveloped at a cost of more than ₹24,470 crore, the 508 stations are spread across 27 states and union territories, including 55 each in Uttar Pradesh and Rajasthan, 49 in Bihar, 44 in Maharashtra and 37 in West Bengal. The railways has set an internal target of one-and-a-half years to two years to complete the projects.

The World Cup didn’t go to plan for the Indian men’s hockey team. Despite much euphoria and a commanding lead of 3-1 against New Zealand, India failed to hold on and were knocked out ahead of the quarter-final stage. It has been a steady climb back up since for captain Harmanpreet Singh.

The Times of India. The four teams bear an uncanny resemblance to former England captain Eoin Morgan's pick. In an interaction with WION, Morgan had said that he had no doubt that India and England would be among the top four teams in the ODI World Cup.

Richie Mo’unga booted a penalty in the last minute to lift the All Blacks to a 23-20 comeback win over Australia in Dunedin on Saturday as the New Zealanders continued their perfect start to the season in the lead-up to the World Cup.

jobless benefits increased slightly last week, while layoffs dropped to an 11-month low in July, labor department report showed. Jobs report for July is due on Friday. A separate report showed that the US services sector slowed in July.

UBS’ mega-merger with Credit Suisse enables the enlarged Swiss bank’s asset management division to work more closely with its former rival’s private banking client base.

New Delhi: Global anime brand Crunchyroll has announced that the streaming platform will be adding a new batch of series to its available AVoD (advertising-based video-on-demand) catalogue, including titles like Chainsaw Man, SPY x FAMILY, VINLAND SAGA, BLUELOCK, Lycoris Recoil, My Dress-Up Darling, and others. Crunchyroll, LLC is an independent joint venture between Sony Pictures Entertainment in US and Aniplex in Japan, a subsidiary of Sony Music Entertainment (Japan) Inc., both subsidiaries of Tokyo-based Sony Group Corp.