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Banking and finance news
Ernie Newman: Why NZ's banks resist open banking - a call for change
OPINION: Calls for stricter deadlines to boost competition and benefit consumers.
Matthew Hooton: Willis ready to take on banks to boost productivity
OPINION: Economic and fiscal forecasts demand more aggressive reform.
US inflation fell to 2.4% in September
Financial Times: Figures for headline and core rates marginally surpass expectations.
Banks set date to introduce key anti-scam measure, reimbursement question still hanging
Watchdog says it's 'shameful' banks took so long to introduce confirmation of payee tech.
Will savers be stung more than borrowers benefit from falling interest rates?
Banks could profiteer from the changing interest rate environment.
Germany expects economy to shrink in 2024 after cutting forecast
Financial Times: Skills shortage, red tape, infrastructure deficit hamper growth.
Chorus of OCR cut cheer drowns out message of tough times ahead – Liam Dann
OPINION: Central banks don't slash rates unless economies are in serious trouble.
Thinking of breaking your mortgage? What you need to know
'The more you chase perfection, the worse your returns can be.'
Battery makers aim to ease EV anxieties with 5-minute charge
Financial Times: Industry says superfast charging for electric cars is on its way.
Saudi tycoon plans comeback with world’s tallest tower
Financial Times: Long-stalled project among a flurry of glitzy real estate deals
Oil prices head higher on Middle East tensions
FT: Brent crude rose almost 10% amid talk of Israeli or Iranian strikes on energy assets.
Oil surges after Joe Biden’s comments on Israeli retaliation
Financial Times: US officials expect a response measured enough to avoid escalation.
Top shale boss says US ‘unusually vulnerable’ to Middle East oil shock
Financial Times: Magnate blames Biden for decision to drain strategic oil reserve.
Amazon to increase number of advertisements on Prime Video
Financial Times: Amazon steps up push into ad-funded streaming services in 2025.
Tesla’s quarterly deliveries miss expectations despite 6% rise
Financial Times: Company retains top position but shares weaken.
Petrol price risk: Oil spikes after Iran’s missile attack on Israel
Financial Times: Sustained price increases likely if a wider regional war breaks out.
Pink Floyd agree deal to sell music rights to Sony for $635m
Financial Times: The deal marks an end to years of infighting among band members.
Qatar Airways agrees to buy 25% stake in Virgin Australia
Financial Times: Virgin Australia would return to long-haul flying as part of the deal.
The satellite spectrum battle that could shape the new space economy
Financial Times: Elon Musk’s SpaceX is pushing to loosen limits on transmissions.