New Zealand Financial News

Steve Englander, Global Head of G10 FX Research and North America Macro Strategy, Standard Chartered Bank, says the “equity markets were overenthusiastic over the last couple of months. I do not think that the Fitch reason is any reason for them to sell off. But if we are right that the US is going into a moderate recession, it is actually going to be good for risk appetite because it will lower the discount factor in all asset markets.

The Argentinian women's football team departed the Women's World Cup in New Zealand with a sense of both disappointment and optimism. While they fell short of securing any win, the team's spirited performances in their three matches have given them hope for the future, with a new generation of players showing great promise. Their first match against Italy came close to an upset, but a late goal from the opposition resulted in a 1-0 defeat.

Siemens Healthineers fell 5.6% after its quarterly profit dropped. German fashion brand Hugo Boss slid 1.9% despite it raised its full-year outlook. In Asia, stock markets closed down on Wednesday.

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Brookfield is testing buyer appetite for Australia and New Zealand logistics business Linx Cargo Care Group, seven years after it birthed the business out of Asciano’s $9 billion take-private. 

New Delhi: The rise of connected television sets in India is all set to make advertising more targeted with new and small brands being able to address just the audience they wish to said Brett Poole, chief executive officer, APAC (Asia Pacific region) and AUNZ (Australia, New Zealand) at Finecast, a GroupM-owned addressable TV company that helps advertisers personalize and target ads on linear and on-demand TV. “We’re seeing huge growth in CTV in India, from 25 million last year, to 32 million this year and estimated to reach 40-45 million by 2025.

Helloworld, one of the country’s largest travel agencies, says it is operating profitably again across all of its markets after upgrading guidance as spending on tourism rises.

How about a moment of silence for Aaron Hornlimann’s deal to sell his startup Elenium Automation to a Nasdaq-listed SPAC for an eye-watering $185 million valuation.

Pfizer edged 1.2% lower after its quarterly revenue fell short of analysts’ expectations. European stocks declined on Tuesday, on shrinking factory activity in the euro zone. The pan-European benchmark STOXX 600 fell 0.9%.

Nickelodeon is set to join the Super Bowl LVIII broadcast with a unique telecast for kids, featuring special graphics, guest reporters and its iconic green slime. The initiative, in partnership with CBS Sports and the NFL, aims to entertain young audiences and families during the grand sports event. Scheduled to take place in 2024 from Las Vegas, Paramount Global's CBS will be the primary broadcaster for the much-awaited Super Bowl LVIII.

Ask and you shall receive. Take it from TPG Telecom.

National Australia Bank has drafted in a key executive from its Asian business for its second-largest division, corporate and institutional banking, which is often spotted around big capital markets deals.

Europe European stocks gained on Monday, led by rise in healthcare shares and on easing euro zone inflation in July. The pan-European benchmark STOXX 600 rose 0.1%. Britain’s FTSE 100 rose less than 0.1% at 7,699.41.

Star pacer Jasprit Bumrah returned from a long injury lay off and will lead the Indian team in the three-match T20I series against Ireland to in Dublin. The three-match series is scheduled to be held from August 18 to 23.

Team India (Senior Men) squad for T20I series against Ireland: Jasprit Bumrah (C), Ruturaj Gaikwad (VC), Yashasvi Jaiswal, Tilak Varma, Rinku Singh, Sanju Samson (wk), Jitesh Sharma (wk), Shivam Dube, Washington Sundar, Shahbaz Ahmed, Ravi Bishnoi, Prasidh Krishna, Arshdeep Singh, Mukesh Kumar, Avesh Khan. The 27-year-old Prasidh Krishna, who played 11 ODIs, last represented India in an ODI match against Zimbabwe in August 2022.

World Cup in Australia and New Zealand is reaching a crucial stage, as the 32 qualified national teams are vying for the 16 spots in the Round of 16. The tournament's bracket has been predetermined by FIFA, and after the group stage, it will be a no-second-chances, straight knockout battle from the Round of 16 onwards. The excitement and intensity are building as the teams compete for glory and a chance to advance further in the tournament.

Nissan Magnite SUV is offered in multiple trims. These include XE, XL, XV, Turbo, Premium, Premium Turbo (O), and Geza Edition. The SUV comes with two engine choices.

Venkatesh Prasad has come down heavily on Team India's performance after Hardik Pandya's boys lost to West Indies in the second ODI. In a series of post on social media platform X, which was Twitter earlier, Venkatesh Prasad said India's performance in ODIs and T20 has been very ordinary for quite sometime now. India is yet to win a ICC trophy since 2013 Champions Trophy triumph.

Private equity’s running a fever dream on clinical trials businesses.

The Matildas have their backs to the wall and their Women’s World Cup on the line. But defender Ellie Carpenter reckons that’s just how they like it.

2023 FIFA Women's World Cup began with a 1-0 loss against Italy Women, displaying a disappointing performance. In their second group game, they managed to secure a 2-2 draw against South Africa Women, thanks to goals from Sophia Braun and Romina Nunez. Despite the draw, Argentina currently sits at the bottom of Group G with just one point. To keep their hopes of advancing in the tournament alive, they must secure a win in their upcoming match on Wednesday. On the other hand, Sweden started their group stage campaign with a remarkable 2-1 comeback victory against South Africa last weekend. In their second game, they dominated Italy with an impressive 5-0 win, with goals coming from players like Stina Blackstenius and Amanda Ilestedt from Arsenal. With these strong performances, Sweden has already secured a spot in the knockout stages of the tournament. They only need to secure at least a draw in their match on Wednesday to cement their position as group winners. The clash between Argentina Women and Sweden Women is scheduled to take place at the FMG Stadium, Waikato, in the final round of the group stages of the 2023 FIFA Women's World Cup.