Latest from Banking and finance

A mid-life career change is as good as a rest

Financial Times: Options don’t have to narrow for the over-50s.

Global stock markets record best year since 2019

The S&P 500 ends 2023 just shy of record as investors bet interest rates have peaked.

Financial Times writers’ predictions for the world in 2024

FT: Forecasts for the new year - who will win the US election? Will Musk's X go bankrupt?

Biggest foreign investment deals of 2023

Which countries are most active, what sectors are they buying in and what prices are paid?

US cracks down on money flow to Iran-backed Houthis

Financial Times: Treasury imposes sanctions after Red Sea attacks.

‘Shakeout' after $7.8b streaming loss for Netflix rivals

Financial Times: Tie-ups and cuts on menu as companies seek new ways to keep up.

Three top-of-mind issues: Kiwi chief Clive Mackenzie

Housing shortage, the surge in migration, declining levels of construction: perfect storm?

Foreign investors unwind $52 billion bet on China growth rebound

Financial Times: Almost 90% of money that flowed into Chinese stocks in 2023 has left.

Third major bank cuts home loan rates before Xmas

More mortgage rates could be heading south early in the New Year.

What if Russia wins?

Financial Times: The West is toying with the idea of letting Vladimir Putin have Ukraine.

Warner Bros Discovery and Paramount CEOs hold exploratory merger talks

Financial Times: Deal could combine big names while letting firms cut streaming costs.

UK inflation falls to 3.9%

Financial Times: Bigger than expected drop sparks slide in Sterling.

Editorial: Grim outlook no surprise but political hyperbole unhelpful

OPINION: National must be cautious not to let gloomy rhetoric undercut confidence.

Consumer confidence increases, but 'willingness to spend' remains low

A new ANZ survey is pointing to improving sentiment among consumers.

ANZ cuts mortgage and deposit rates, ASB picks OCR cut by August

The bank is one of the first to drop its home loan rates.

Adrian Orr invokes ghost chips, Muldoon

Migrant numbers and sluggish GDP are a real surprise, Orr admits.