Global monetary focus turns to New Zealand
The Reserve Bank of New Zealand, sometimes seen as global monetary policy's "canary in the coal mine," takes center stage in the Asia and Pacific region on Wednesday when it delivers its latest interest rate decision.
Jacob Rothschild’s death triggers ‘Succession’-style battle for his $1B real estate and investment empire
The death of British banking tycoon Jacob Rothschild could trigger a “Succession”-style battle between his heirs for his vast real estate and investment empire.
Inflation is going down – Will someone tell that to the rising prices?
Economists expect this year to be characterized by faster growth, shrinking inflation and healthy job creation — a far cry from the widespread fears of a recession that marked 2023.
US Dollar Jumps
Overview: A less hawkish Reserve Bank of New Zealand and a slightly softer than expected January CPI from Australia appears to have sparked a broad US dollar rally.
China Set to Bide Time on Rate Cut Until Yuan, Data Stabilize
(Bloomberg) -- China’s central bank is poised to keep cash conditions and monetary policy broadly stable as policymakers focus on a weakening currency.
Albanese defends tax cut changes ahead of by-election test for Labor
The amended tax package, which skews toward lower paid workers, cleared the Senate on Tuesday night and will take effect from July 1