Wednesday, July 1, 2026

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DTNZ Business

13 ARTICLES




South Korean stocks plunge on AI overvaluation fears

The KOSPI tumbled nearly 10%, with Samsung and SK Hynix leading a historic sell-off. South Korean stocks suffered their sharpest drop in more than three...

Putin calls for national currency settlements at Asian leaders’ summit (Video)

The Russian president discussed de-dollarization at the Russia-ASEAN summit in Kazan, which was attended by the leaders of the group’s ten member states. Russia and...

Bank of Japan lifts rates to highest level since 1995

The benchmark interest rate was hiked to 1%, despite US-Iran peace agreement, as higher energy costs spread through the economy. The Bank of Japan raised...

New anti-scam measures rolled out aim to protect Kiwis from fraud

New Zealanders are set to benefit from a strengthened national response to online scams, with the "Anti-Scam Alliance" unveiling a series of new initiatives...

Wrong hiring decisions cost Kiwi SMEs millions each year

New research from SEEK indicates that poor recruitment choices are placing a significant financial burden on small and medium-sized businesses, with the annual cost...

Willis warns volatility reinforces fiscal discipline after Fitch outlook shift

Finance Minister Nicola Willis says rising global economic uncertainty has underscored the importance of the Government’s fiscal consolidation programme, following Fitch Ratings’ decision to...

Blackstone buys Hamilton Island in billion-dollar resort deal

US private equity giant Blackstone has agreed to buy Hamilton Island, one of Australia’s most iconic resort destinations, in a deal valued at more...

BP sells majority of Castrol in $6bn deal as it refocuses on oil and gas

Energy giant BP has agreed to sell a 65% stake in its Castrol motor oil business to US investment firm Stonepeak in a deal...

Harley-Davidson dealer network faces rapid collapse across North America

Harley-Davidson dealerships across North America are shutting down at an accelerating pace, with industry sources warning the iconic brand’s dealer network is entering an...

New Crown directors appointed to Airways and Kiwi Group Capital boards

State Owned Enterprises Minister Simeon Brown has announced the appointment of two new Crown directors to the boards of Airways and Kiwi Group Capital,...

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