Business
No US debt deal yet; US data positive except for housing and profits; China loses its recent shine, Singapore & Germany fall into recession; freight rates fall; UST 10yr 3.82%; gold and oil retreat; NZ$1 = 60.6 USc; TWI-5 = 69.6
26th May 23, 7:24am
46
No US debt deal yet; US data positive except for housing and profits; China loses its recent shine, Singapore & Germany fall into recession; freight rates fall; UST 10yr 3.82%; gold and oil retreat; NZ$1 = 60.6 USc; TWI-5 = 69.6
A review of things you need to know before you sign off on Thursday; Fonterra cuts milk payout; Tower tightens hazard coverage, NZGB bond yields up, ComCom says shopping around can save big, swaps up, NZD down, & more
25th May 23, 3:59pm
143
A review of things you need to know before you sign off on Thursday; Fonterra cuts milk payout; Tower tightens hazard coverage, NZGB bond yields up, ComCom says shopping around can save big, swaps up, NZD down, & more
Minister of Trade & Export Growth Damien O’Connor to talk IPEF, APEC & CPTPP issues in the US
25th May 23, 3:45pm
Minister of Trade & Export Growth Damien O’Connor to talk IPEF, APEC & CPTPP issues in the US
[updated]
Mercury Energy fined for telling people to pay termination fee when it was not needed
25th May 23, 10:54am
Mercury Energy fined for telling people to pay termination fee when it was not needed
McCarthy takes the US Government hostage; US mortgage applications fall as rate rise on risk; FOMC wavers; Japan rises; EU tackles broker conflicts again; UST 10yr 3.73%; gold soft and oil firm; NZ$1 = 61 USc; TWI-5 = 69.9
25th May 23, 7:25am
157
McCarthy takes the US Government hostage; US mortgage applications fall as rate rise on risk; FOMC wavers; Japan rises; EU tackles broker conflicts again; UST 10yr 3.73%; gold soft and oil firm; NZ$1 = 61 USc; TWI-5 = 69.9
Chief economist Paul Conway says RBNZ doesn't see evidence of an increase in profits feeding into inflation at a widespread level
24th May 23, 4:45pm
25
Chief economist Paul Conway says RBNZ doesn't see evidence of an increase in profits feeding into inflation at a widespread level
A review of things you need to know before you sign off on Wednesday; retail rates rise almost immediately the OCR rises, last OCR rise in a while says RBNZ, pain in housing extends, retail sales shrink, swaps drop, NZD drops, & more
24th May 23, 3:58pm
85
A review of things you need to know before you sign off on Wednesday; retail rates rise almost immediately the OCR rises, last OCR rise in a while says RBNZ, pain in housing extends, retail sales shrink, swaps drop, NZD drops, & more
Mum's the worker: why this NZ fishing company brought in a school hours shift
24th May 23, 12:37pm
15
Mum's the worker: why this NZ fishing company brought in a school hours shift
[updated]
Stats NZ says decreased volumes in hardware and vehicle retailing helped drive a fall in total retail sales in the March 2023 quarter
24th May 23, 11:45am
20
Stats NZ says decreased volumes in hardware and vehicle retailing helped drive a fall in total retail sales in the March 2023 quarter
US data weaker as debt decisions awaited; Canada PPI falling; Japan on the rise; other East Asian nations holding on fine; Aussie PMIs weak; UST 10yr 3.70%; gold unchanged and oil firm; NZ$1 = 62.5 USc; TWI-5 = 71.2
24th May 23, 7:19am
79
US data weaker as debt decisions awaited; Canada PPI falling; Japan on the rise; other East Asian nations holding on fine; Aussie PMIs weak; UST 10yr 3.70%; gold unchanged and oil firm; NZ$1 = 62.5 USc; TWI-5 = 71.2
[updated]
A review of things you need to know before you sign off on Tuesday; truckometer weaker, electricity stress coming, BNZ bolsters its capital, not a good idea to ignore the FMA, swaps move up again, NZD firm, & more
23rd May 23, 3:59pm
130
A review of things you need to know before you sign off on Tuesday; truckometer weaker, electricity stress coming, BNZ bolsters its capital, not a good idea to ignore the FMA, swaps move up again, NZD firm, & more
US debt deal still unresolved; China struggles with local government debt; Japan and Taiwan data weakish; Sydney house prices booming again; UST 10yr 3.71%; gold soft and oil firm; NZ$1 = 62.8 USc; TWI-5 = 71.4
23rd May 23, 7:20am
69
US debt deal still unresolved; China struggles with local government debt; Japan and Taiwan data weakish; Sydney house prices booming again; UST 10yr 3.71%; gold soft and oil firm; NZ$1 = 62.8 USc; TWI-5 = 71.4
A review of things you need to know before you sign off on Monday; banking goes 24/7, jail for tax crime, livestock numbers fall, consumers not convinced inflation is falling, swaps on hold, NZD stable, & more
22nd May 23, 3:58pm
84
A review of things you need to know before you sign off on Monday; banking goes 24/7, jail for tax crime, livestock numbers fall, consumers not convinced inflation is falling, swaps on hold, NZD stable, & more
Eyes on the RBNZ; Chinese yuan weaker with other markers; Japanese inflation rising; US Fed open to a pause; ECB reassesses deposit insurance; BNPL to be regulated in Australia; UST 10yr 3.69%; gold and oil firm; NZ$1 = 62.7 USc; TWI-5 = 71.3
22nd May 23, 7:19am
68
Eyes on the RBNZ; Chinese yuan weaker with other markers; Japanese inflation rising; US Fed open to a pause; ECB reassesses deposit insurance; BNPL to be regulated in Australia; UST 10yr 3.69%; gold and oil firm; NZ$1 = 62.7 USc; TWI-5 = 71.3
Phase down of iron-sand based steel production and big cutback in free carbon credits in store after 3-way agreement at NZ Steel
21st May 23, 1:00pm
127
Phase down of iron-sand based steel production and big cutback in free carbon credits in store after 3-way agreement at NZ Steel
Mixed signals from the US; Chinese yuan devalues; Japanese inflation rises; German PPI eases; travel to Australia from China weak; UST 10yr 3.69%; gold up and oil stable; NZ$1 = 62.8 USc; TWI-5 = 71.3
20th May 23, 8:47am
35
Mixed signals from the US; Chinese yuan devalues; Japanese inflation rises; German PPI eases; travel to Australia from China weak; UST 10yr 3.69%; gold up and oil stable; NZ$1 = 62.8 USc; TWI-5 = 71.3
A review of things you need to know before you sign off on Friday; DTIs fall sharply, Census struggles, households a tax target, April trade surplus, no credit card stress yet, swaps jump, NZD firm, & more
19th May 23, 3:58pm
62
A review of things you need to know before you sign off on Friday; DTIs fall sharply, Census struggles, households a tax target, April trade surplus, no credit card stress yet, swaps jump, NZD firm, & more
US data better except house sales; Australian jobless rate rises; freight rates ease again; air travel markets eye huge growth; UST 10yr 3.66%; gold and oil down; NZ$1 = 62.1 USc; TWI-5 = 70.8
19th May 23, 7:24am
85
US data better except house sales; Australian jobless rate rises; freight rates ease again; air travel markets eye huge growth; UST 10yr 3.66%; gold and oil down; NZ$1 = 62.1 USc; TWI-5 = 70.8
A review of things you need to know before you sign off on Thursday; insurance incentives, ASB raises TD rates, more Budget borrowing, PPI rises slow fast, Xero cash flows in, swaps up, NZD firm, & more
18th May 23, 4:00pm
93
A review of things you need to know before you sign off on Thursday; insurance incentives, ASB raises TD rates, more Budget borrowing, PPI rises slow fast, Xero cash flows in, swaps up, NZD firm, & more
US second tier data weak but fears ease on debt limit, banking stress; China house prices and FDI weak; Japanese growth better; Aussie wages go backwards; UST 10yr 3.58%; gold down and oil up; NZ$1 = 62.6 USc; TWI-5 = 71
18th May 23, 7:19am
118
US second tier data weak but fears ease on debt limit, banking stress; China house prices and FDI weak; Japanese growth better; Aussie wages go backwards; UST 10yr 3.58%; gold down and oil up; NZ$1 = 62.6 USc; TWI-5 = 71
A review of things you need to know before you sign off on Wednesday; BNZ trims mortgage rates, dairy prices soft, home loan affordability for April, fewer tractors, swaps higher, NZD holds & more
17th May 23, 3:59pm
37
A review of things you need to know before you sign off on Wednesday; BNZ trims mortgage rates, dairy prices soft, home loan affordability for April, fewer tractors, swaps higher, NZD holds & more
The Shinsei Bank owned UDC posts a drop in annual profit as loan impairments rise
17th May 23, 11:18am
2
The Shinsei Bank owned UDC posts a drop in annual profit as loan impairments rise
Dairy prices hesitate; US retail growth weak; US factories busier, home builders confident; China retail bounces back; sentiment slumps in Australia; UST 10yr 3.55%; gold and oil down; NZ$1 = 62.3 USc; TWI-5 = 70.5
17th May 23, 7:23am
150
Dairy prices hesitate; US retail growth weak; US factories busier, home builders confident; China retail bounces back; sentiment slumps in Australia; UST 10yr 3.55%; gold and oil down; NZ$1 = 62.3 USc; TWI-5 = 70.5
A review of things you need to know before you sign off on Tuesday; no retail rate changes, Westpac's forecast moves financial markets, ponzis and fraud cases, swaps rise, NZD rises, & more
16th May 23, 3:58pm
74
A review of things you need to know before you sign off on Tuesday; no retail rate changes, Westpac's forecast moves financial markets, ponzis and fraud cases, swaps rise, NZD rises, & more
US factory data weak; Canadian house building data strong; Japan PPI rise eases, machine tool orders fall; China caves on trade dispute with Australia; UST 10yr 3.50%; gold and oil up; NZ$1 = 62.4 USc; TWI-5 = 70.4
16th May 23, 7:24am
78
US factory data weak; Canadian house building data strong; Japan PPI rise eases, machine tool orders fall; China caves on trade dispute with Australia; UST 10yr 3.50%; gold and oil up; NZ$1 = 62.4 USc; TWI-5 = 70.4
