Saturday, August 22, 2026

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Money

Maketū Pies enters voluntary liquidation

Archegos founder Bill Hwang sentenced to 18 years for massive securities fraud

Bitcoin soars to record high

US national debt surpasses $36 trillion

Proposed Auckland housing project sparks concerns over traffic, schools, and community impact

Government’s financial results fall short of forecast

Wall Street surges on Trump win as investors anticipate ‘pro-growth’ policies

BYD surpasses Tesla for the first time in quarterly revenue

Volkswagen plans mass layoffs and factory closures in Germany

Boeing considers selling off troubled space ventures amid financial struggles

IMF highlights EU’s productivity struggles and moderate growth outlook

ASB investment arm extols relationship with ‘vulture fund’ BlackRock in job ad

Trump’s rising election prospects fuel surge in dollar demand

Consumer NZ criticises soaring insurance premiums and lack of competition

Major overhaul of anti-money laundering system announced

Synlait Milk CEO resigns

New financial system to challenge US Dollar proposed at BRICS summit

Weapons manufacturer Raytheon fined nearly $1B for bribery and fraud

Inflation drops to 3-year low

Boeing to cut 17,000 Jobs

Mortgage rate competition heats up, expected to drop below 5% by Christmas

Tower Insurance nearly doubles Full-Year Profit

Celebrated Indian industrialist Ratan Tata passes away, aged 86

Crypto.com sues US regulator

Reserve bank cuts cash rate as banks respond with lower lending rates

EU car industry faces ‘horror fall’ amid sales slump and rising prices

Oil prices surge as Middle East conflict escalates

Government launches new ‘underwrite programme’ in effort to boost housing supply

Oil prices predicted to drop as OPEC plans increased production to counter US competition

Free mental health resources for business owners

Treasury warns major financial challenges brewing

The Warehouse Group reports $60m loss

Fonterra’s profit tops $1 billion despite drop from last year’s record high

KiwiSaver funds surpass $100 billion as growth accelerates, but withdrawals surge amid economic strain

Fletcher Building to raise $700 million amid debt and market challenges

Toncoin cryptocurrency falls 19% after Durov arrest

Court of Appeal approves massive class action against ANZ and ASB

Former CBL Insurance Group CEO ordered to pay $1.4m for Financial Market Rule breaches

Fletcher Building reports $227m Loss

Winstone Pulp International faces closure due to surging energy costs, 230 jobs at risk

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