Latest from Banking and finance

Business Confidence: ‘Soft landing’ in play as optimism lifts - ANZ

While coalition talks dragged on into November firms' sentiment continued to improve

Scam stoppers: ASB boss says safety before speed of payments

Bank scams cost Kiwis an estimated $200m in a year - so what's ASB doing about it?

Amazon cloud boss takes swipe at Microsoft over OpenAI turmoil

Financial Times: AWS also debuts Amazon Q AI assistant, expands Nvidia partnership.

US dollar hits three-month low after Feds signal rates may start to fall

Financial Times: Investors betting central bank will cut borrowing costs by May next year.

Deloitte and KPMG ask staff to use burner phones for Hong Kong trips

Financial Times: Policies come as Beijing increases control over the financial hub.

Chinese fast-fashion retailer Shein makes confidential filing for US IPO

Financial Times: Listing will add to growing momentum for public offerings.

Commercial vessel and US destroyer attacked off Yemen, says US military

Financial Times: Growing threat to ships in one of world’s most important trade corridors.

Mining tycoons battle over lithium’s ‘corridor of power’ in Australia

Financial Times: Vast tracts of desert now a major battleground for miners of lithium.

Saudi Arabia-backed mixed martial arts league challenges UFC with Bellator deal

Financial Times: Acquisition as kingdom seeks to bolster its global presence in sports.

Kiwibank lifts short term home loan rates as pressure builds on homeowners

Homeowners are still facing increasing mortgage rates.

Ruchir Sharma: China’s rise is reversing

Financial Times: Past two years see biggest drop in China's share of global GDP since Mao.

AI outperforms conventional weather forecasting methods for the first time

Financial Times: "A turning point in weather forecasting.”

OpenAI schism leads to Sam Altman’s ousting — and an opening to rivals

Financial Times: New alliances will be created by the CEO's sudden, dramatic departure.

Apple moves to simplify messaging between iPhones and Androids

Financial Times: Apple under pressure to improve interoperability between systems.

Scamfest as retailers hope Black Friday and Cyber Monday pay off

Two big events made in the US, and one made in China, aim to ignite retail fortunes.

Simon Kuper: The Dutch are piloting a saner European right

Financial Times: Dutch right is Post-Thatcherite, post-Trumpian, less rabid.