Latest from Banking and finance

Rapidly rising rates bolster BNZ’s bottom line - CEO

CEO attributes bank's record bottom line to three key factors, not price gouging.

BNZ profits from rising mortgage rates

BNZ's annual profit rose to $1.5 billion, despite the deteriorating economy.

Job adverts decline sharply, Seek report shows

The job market downturn "solidified" in October, BNZ says.

How CEOs should tackle the rise of generative AI

Three finalists line up for the Deloitte Top 200 CEO of the year award.

Oil price gives up gains since start of Israel-Hamas war

Financial Times: Traders bet conflict is unlikely to spread to oil-rich states.

Opinion: A Trump win would change the world

FT: Were he to return, the implication for the global economy would be profound.

WeWork files for bankruptcy amid office market downturn

Financial Times: A humbling fall for the once high-flying co-working start-up.

Can corporate America cope with its vast debt pile?

Financial Times: Worries over $22 trillion debt, but companies find new ways to survive.

Warren Buffett’s Berkshire Hathaway sells stocks as cash pile swells

Financial Times: Conglomerate offloads more than $8b worth of US and global shares.

Inside the life of the fallen ‘king of crypto’

Financial Times: The master storyteller's narrative unravels.

Opinion: Five secrets of human nature I could only have learned in an office

Financial Times: Apart from dating, there is no better education in human behaviour.

Australia falls out of love with Qantas

Financial Times: Investors, unions, customers demand change, despite strong profits.

Pah Homestead cafe under new management, previous operator in liquidation

Pah Homestead housed the James Wallace Arts Trust collection.

Pushpay insider case results in six-month community detention

The individual was found guilty by a jury in August.

Luxury Auckland apartments go to mortgagee sale

Major sign of trouble: 33 units in one block up for distressed sale.

‘Kingmaker’s asset’: Disney moves to buy remaining Hulu stake

Financial Times: Offer of US$8.6b is expected to start heated valuation negotiations.