Liam Dann: NZ economy a good bet? You can bank on it

OPINION: I suspect there would a have been few smiles around the offices of the Reserve Bank on Thursday morning, and not just because New Zealand’s central bankers are keen cricket fans. News that Westpac has backed down from its threat to sell out of the New Zealand business is something of a moral victory […]

After record surge, bitcoin poised for wild weekends

LONDON • Bitcoin just notched one of its best weeks on record, surging about 40 per cent over the seven days to last Friday. Anyone expecting the notoriously volatile digital currency to take a breather on weekends had better buckle up. It is on Saturdays and Sundays – when most other assets barely budge – […]

Brookfield Property Partners Continues to Log Record Losses

Brookfield Property Partners struggles amid the pandemic.  The mall owner, one of the largest in the U.S., released quarterly earnings Friday morning, widening its losses with another $135 million in the red. That’s on top of the $1.5 billion loss in the prior quarter. Company shares fell about 4 percent during the day’s trading session […]

China brands any US ban on Communists ‘pathetic’

China says any US travel ban on members of its Communist Party would be “pathetic”, in the latest sharp exchange amid souring bilateral ties. The New York Times had earlier reported the Trump government was considering the move, although it is still in draft form and could be rejected. The Chinese Communist Party has 92 […]