Central bankers pledge to ‘stay the course’ on high interest rates
Financial Times: Latest remarks stoke expectations of more rate rises.
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Latest from Banking and finance
Treasury to take ‘extraordinary measures’ as US hits debt ceiling
Financial Times: Plea to raise borrowing limit sooner rather than later to avoid default.
Peter Thiel’s fund wound down 8-year bitcoin bet before market crash
Financial Times: Billionaire was early mainstream investor in the digital currency.
Bank of Japan defies market pressure, keeps monetary policy ultra loose
Financial Times: Decision comes after weeks of turmoil in government bond market.
BNZ changes staff performance scheme - FMA wants to ensure customers are OK
The bank will need to show how the move is consistent with new regulations.
Race to protect against cybercriminals as crooks eye up AI tech
Have you been "privacied"? Cybercriminals aren't always generic bandits.
Scientists unveil laser beam to deflect lightning strikes
Laser lightning rod in critical infrastructure "biggest breakthrough since Ben Franklin".
Apple’s supply chain bet
FiT: Even before violence in China, Apple had plans to make more of its own hardware.
Warner Bros Discovery weighs sale of music library to slash debt
Financial Times: Catalogue including Batman soundtracks could get more than $1.5 billion.
US inflation falls to lowest level in more than a year
Financial Times: Sixth consecutive month of decline amid Fed tightening.
Opinion: What if 2023 is not the reset investors are pining for?
Financial Times: Party-poopers point to the risk of a Fed pivot.
Westpac customers hit again: Store 'turning people away'
The Australian-owned bank has apologised for the second time in a week.
$400k gone: The 'sickening gut punch' when you learn you've been scammed
They thought they'd invested $400,000 at Westpac. Weeks later they learned it was a scam.
Boss of SA power producer Eskom survived cyanide poisoning attempt
Financial Times: Amid climate of corruption, boss claims he was given cyanide-laced coffee
Companies rush to tap US bond market as credit conditions ease
FT: Cooling inflation tempers expectations of how long the Fed will keep rates high.
Jack Ma cedes control of Ant Group
FT: Chinese billionaire’s reduced voting rights mean IPO plans can be rebooted.
The UK’s dream of becoming a ‘science superpower’
Financial Times: Supercharging the life science sector will take big long-term thinking.
US inflation has not ‘turned the corner yet’, top IMF official warns
Financial Times: "Sticky components of inflation" show more work may be needed.
What’s stopping tiny houses from helping solve housing crisis?
Three major complications appear when people try to make their dream a reality.
Fed wants ‘more evidence’ of easing inflation and backs fresh rate rises
Financial Times: Fed intends to keeping squeezing economy, minutes from Dec meeting show.
Hollywood facing 'year of turmoil' in 2023
FT: Entertainment industry faces threat of recession and slower streaming growth.
How to cope with rising mortgage rates
The experts offer their tips for those heading towards a re-fix.
China’s Covid generation: the surging inequality behind Xi’s U-turn
Financial Times: Lockdowns upended the education of millions and blocked social mobility.
Sam Bankman-Fried pleads not guilty to criminal charges over FTX collapse
Financial Times: "Top target" in FTX scandal denies charges soon after extradition.
Financial Times: Business trends, risks and people to watch in 2023
What to look for in the corporate world in 2023 - from energy to private capital and tech.
Japan to offer families ¥1 million per child to leave Tokyo
Financial Times: Government attempts to reverse decades of demographic decline.
Corrupt, failing Eskom is a picture of South Africa in miniature
FT: Without reliable power, SA can't generate growth and overcome the legacy of apartheid.
Meta to make divisive decision on Trump’s return to Facebook
Financial Times: Tech giant’s policy chief to rule this month whether to revoke ban.
Recession to hit a third of the world this year, IMF warns
Financial Times: Next few months especially "tough for China" as Covid speads.
Six money questions for 2023
A look at the big financial issues coming up with the Craigs Investment director.
Dubious weight loss schemes could gobble up gullible punters' money
If you're resolving to lose weight, watch out for diet scammers, bank warns.
US economy can still pull off ‘soft landing’
Financial Times: Biden administration sees large-scale investments blunting downturn.
China’s economy begins to reopen after three years of Covid isolation
FT: Rise in demand for travel and worry over Covid-19 spread accompany China's reopening.