Latest from Banking and finance

'Gutted': SkyCity chief on five-day shutdown

'We failed with this customer and for that we are deeply sorry.'

Anti-scam cop show actor was convicted for 'penny stock' fraud

Actor showed remorse for fraud and is working for a good cause, ANZ says.

Chip stocks tumble as Trump comments rattle investors

Financial Times: Markets fret over report of tougher semiconductor trade restrictions.

Second major bank cuts mortgage rates

Falling inflation today provided more good news as banks start cutting interest rates.

Inflation fall puts October rate cut on the cards - ASB

As the inflation rate drops close to the target range, calls for early cuts are growing.

Gold price driven to record high by bets on Fed rate cuts and Trump victory

Financial Times: Precious metal tops May peak after rallying 6% this month.

The odd and embarrassing causes of leisure sickness

Financial Times: Is leisure illness a real condition that should be taken seriously?

Fed chair signals growing confidence that US inflation is moving towards 2% target

Financial Times: Drop in consumer prices adds to expectations of September rate cut.

Unilever to slash a third of office jobs in Europe

Financial Times: Shareholders are pressuring consumer giant to boost growth.

BNZ resolves issue that caused app outage

BNZ apologises for inconvenience caused to customers.

Major bank drops mortgage rates, term deposits

The first bank moves to drop home loan rates after the Reserve Bank signals 'dovish' tone.

Novelist Emily Perkins on why ‘we’re always drawn to stories about the unhappy rich’

Lioness author talks to Liam Dann about money art and the economics of writing.

El Cheapo Cars in trouble with Commerce Commission

Watchdog says borrowers did not get information about their car loans.

World’s largest oil company bets on the enduring power of petrol

Financial Times: Company says combustion engines will be here for ‘very, very long time'.

User growth at X stalls after Musk takeover and rise of Meta’s Threads

Financial Times: Social media group suffers slowdown as its owner divides audiences.

Tesla and Musk antagonists face off over multibillion-dollar lawyer fee

Financial Times: ‘Real-life lawyer joke’ and ‘clown show’ barbs swapped.