Latest from Banking and finance

US plans to raise tariffs on Chinese EV imports

Financial Times: Move marks latest effort by US to protect domestic industry.

Apple apologises after crushing backlash to iPad advertisement

Financial Times: Campaign depicted instruments and artistic tools being destroyed.

Baidu executive tells staff: ‘I’m not your mum’

Financial Times: PR boss at Chinese search giant warns she can ruin careers.

Too scared to quit? An agency will do that for you

Financial Times: A simple-sounding but lucrative business model.

Pandemic-era winners suffer $2.5 trillion fall in market value

Financial Times: Top 50 biggest stock gainers hit by painful decrease after lockdowns.

Govt fails to calm carbon market jitters, flagging forestry review

It is unsure of the impact land use rule changes will have on how many trees are planted.

ANZ, BNZ bosses in no hurry to follow Reserve Bank’s advice on insurability of property

The Reserve Bank believes more risk-based pricing could improve financial stability.

ANZ increases cash profit as net interest margins get squeezed

The bank is New Zealand's largest.

Apple shares rally as sales fall less than feared

Financial Times: Tech giant announces US$110 billion in share buybacks.

Stock Takes: Sky TV chair's million-dollar share buy-up

And the food still in demand from financially-strained Kiwis.

The forgotten $477m fortune: Why Kiwis should check IRD's website to see if they can claim

More than 415,000 Kiwis are owed $477 million in unclaimed funds with the IRD.

Savers slowly capitalise on high interest rates

BNZ's profitability falls as savers shift their funds to accounts that pay more interest.

Build Partners in voluntary administration, was partway through building 91 Kāinga Ora units

Grant Thornton is now in charge of the construction business, which built 700 state homes.

Building consents fall - but have we hit the floor yet?

Building downturn the worst in 15 years, bank says, but there's still some optimism.

Federal Reserve signals that rates will remain higher for longer

Financial Times: ‘Lack of further progress’ on inflation has complicated plans.

Elon Musk fires Tesla’s entire supercharger team

Financial Times: Electric-car maker’s public policy unit also being disbanded.