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Money

Air NZ reports 39% drop in half-year profit

Retail spending falls for eighth quarter in a row

Egypt ditching US dollar – diplomats

Westpac resolves technical glitches affecting Eftpos and bank accounts for customers

Central-bank buying spree driving demand for gold – report

BNZ ordered to refund customers in CitiBank scam

Crypto firm Terraform Labs files for bankruptcy

Residential home consents down 24 percent

US government debt reaches new milestone

Dollar losing share in oil transactions – JP Morgan

Bitcoin forecast to hit $100,000

Qatar dumping shares in key UK bank – Bloomberg

Remote kingdom secretly mining bitcoin – Forbes

Central banks risk plunging developed world into recession – OECD

Cocoa prices near 50-year highs

World facing ‘debt tsunami’ – Bloomberg

10 tips for Kiwi businesses going into 2024

Turkey raises interest rates to 40%

Gold price forecast to hit record high

Crypto investors pull over $1 billion out of Binance

Binance CEO resigns, pleads guilty – WSJ

Foreign buyers moving away from US debt – WSJ

Japan faces recession – official data

El Salvador makes 31% bitcoin profit in a year

Rocket Lab Adds New HASTE Launch from Virginia for the Department of Defense’s Defense Innovation Unit

Ex-FTX boss Bankman-Fried testifies he ‘did not’ defraud clients, admits ‘mistakes’

Bluechip banks to lose billions on Musk-linked debts – WSJ

Gold outperforming stocks – MarketWatch

Fall in exports to China continues in the year ended September 2023

Crypto-star ‘Bitmama’ arrested over $72 million fraud

Huge withdrawal of capital from Switzerland to Middle East – media

US mortgage rates hit 23-year high

Global household wealth nosedives – report

ANZ Investments to ‘explore strategic investment partnerships’

British banks to abandon ‘racist’ term ‘Black Market’

Ruble dives to 17-month low against euro

Bolivia joins de-dollarization trend by using Chinese Yuan in foreign trade

Bud Light parent company to lay off hundreds after woke marketing campaign backfires

IMF issues cryptocurrency warning

Massive $78 billion cash flight rocks American banking system – Report

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