Latest from Banking and finance

Moves to ban lab-grown meat intensify in some US states

Financial Times: One lawmaker vows not to ‘eat bugs with Bill Gates’.

How Big Tech is winning the AI talent war

Financial Times: Microsoft’s move latest sign huge firms are scooping up expertise.

Diana Clement: Why a digital disruptor could offer a better deal than your bank

OPINION: There's a growing number of digital accounts available from disruptors.

AI boom drives sharemarkets to best first quarter in five years

World stocks rise 7.7% as optimism about US economy offsets expectations of rate cuts.

Business and consumer confidence dive on recession headlines

ANZ's Monthly Outlook surveys show recession fears have hit hard.

Property Insider: Which global brand is coming to Westgate next?

Nike's next big move; what does credit data tell us?

Gloriavale acknowledges ‘significant challenges’ as finances tank

The controversial religious community faces a number of regulatory and legal challenges.

Southern Cross insurance arms issued warning after overcharging premiums

The failure to properly apply discounts took place over a prolonged period.

GDP: It's official - we're in recession

Recession as a second quarter of contraction recorded, per capita numbers are even worse.

'Two-tier oligopoly': ComCom delivers verdict on bank competition

Competition watchdog recommends widespread regulatory reform.

Auckland house builder Selah Homes liquidated: What went wrong?

Secured creditors listed include the BNZ, PlaceMakers and The Warehouse.

Oyster profit turns to loss, Pastoral House payments stopped

'I'm really cranky': Syndicate investor monthly payments axed indefinitely, funds frozen.

Economic scoreboard: The region that 'smashed it' in the December quarter

Changes at the top, and big mover revealed.

Sistema founder Brendan Lindsay backs private credit fund

The private credit fund is aimed at filling a gap in the lending market.

Bank of Japan ends era of negative interest rates, first hike in 17 years

Financial Times: Central bank becomes world’s last to unwind ultra-loose monetary policy.

$1b+ Oyster Group fund suspends investor withdrawals, selling properties

It says the fund must keep capital to meet its needs and service higher borrowing costs.