Inland Revenue research released today reveals a large differential between the tax rates ordinary New Zealanders pay on their full income compared with the...
Britain’s consumer price index stood at 10.1% year-on-year in March.
Inflation in the UK came in at over 10% year-on-year in March, the highest rate...
Revenues jumped in the first quarter as higher interest rates boosted the bank’s consumer business.
JPMorgan Chase reported first-quarter revenue this week that beat analysts’...
The greenback will inevitably lose its leading position in world finance, a central banker believes.
The US currency’s dominant position in the world economy will...
Grant Robertson departs this evening for Washington DC to attend the spring meetings of the World Bank and the International Monetary Fund.
The annual meetings...
The banks Monetary Policy Committee reached a consensus to increase the OCR by 50 basis points from 4.75% to 5.25% today.
Monetary Policy Committee Record...
The decrease comes ahead of the Reseve Bank's OCR decision today.
After a couple of ‘flatter’ months in December and January, average values have dropped...
Most of the country's banks are technically near insolvency, famed economist Nouriel Roubini says.
Renowned economist Nouriel Roubini, who predicted the global financial crisis of...
Approximately 1.4 million New Zealanders will receive an increase in the minimum wage and financial benefits they are entitled to from the state.
In summary...
In an outstanding piece of political-theoretical writing, titled ‘The Threat of Big Other’ (with its play on George Orwell’s ‘Big Brother’) Shoshana Zuboff, succinctly...
The banking crisis that hit Silicon Valley Bank (SVB) last week has spread.
We recall with a shudder two recent financial contagions: the 1997 Asian...
Continued interest rate hikes by the Fed could worsen the banking turmoil, according to Bill Ackman.
The US economy is facing disaster following another interest...
Interest rate hikes and tighter lending rules have triggered the biggest property sales slump in nearly 40 years.
This is the conclusion of recent research...
The Dow and S&P experienced their steepest declines in two months amid a broader stock market selloff.
US stock markets suffered extended losses on Tuesday,...
A bipolar currency regime is likely to replace the current greenback-based unipolar one, famed economist Nouriel Roubini has predicted.
The US dollar’s status as the...
Sanctions on Russia, along with insufficient investment into production, will cause a “serious problem”, a top analyst has warned.
Oil will soar back above $100...
Inflation and high economic uncertainty have dented private spending, an official report indicates.
Retail sales in Germany fell sharply in December in a sign of...
The Government is providing extra cost of living support to families and businesses, delivering on new Prime Minister Chris Hipkins’ promise of a greater...
Joseph Stiglitz called for the world’s highest earners to hand 70% of their income over to the government.
Nobel prize-winning economist Joseph Stiglitz has called...
Heading into an election year, farmers are facing ‘interesting times’ to say the least.
The amount of regulation farmers are dealing with is unprecedented. In...
Last year’s $143 billion loss is the biggest in the regulator’s 116-year history.
The Swiss National Bank posted the biggest annual loss in its 116-year...
Wall Street posted its biggest weekly gain since November as moderating US jobs growth signaled that the Federal Reserve would further slow the pace...
Consumer prices have risen due to soaring energy costs, official data shows.
Japan’s core consumer inflation benchmark hit a fresh four-decade high last month as...
Close cross-border cooperation is not likely to come back, according to Morris Chang.
Geopolitics have drastically changed the situation facing semiconductor makers, who have been...
How anti-Russian sanctions, a planned transition to greener fuels, and the West’s short-sighted financial policies reaped a whirlwind.
The West is currently in the midst...
October saw another solid increase in exports, driven by dairy products, but their growth continued to be dwarfed by yet another petroleum fuelled surge...