On the US-Iran conflict, nothing much has changed; the Strait of Hormuz remains closed, and there is no clearer indication of when it might reopen or when US-Iran peace negotiations may occur. But US and Japan equity markets rise to fresh record highs

Roger J Kerr says a “quick end to the war” scenario appears more likely than alternatives. And he thinks that capital inflows to New Zealand might start exceeding outflows, positive for the NZD

Per capita economic growth is a big challenge for New Zealand in the years ahead, says Keith Woodford

Toby Walsh explains why the world’s banks are so worried about Anthropic’s latest AI model