Latest from Banking and finance

Economists grow gloomier on 2024 as central banks delay rate cuts

FINANCIAL TIMES: Stronger US economy and stickier inflation trigger downgrades for 2024.

Market Watch: What high interest rates mean for sharemarket investors

Watch: Is it time to head for bank deposits?

Australia revamps hydrogen push to reshape economy

Financial Times: Govt to offer subsidies to transform towns such as Wollongong.

China’s economic slowdown reverberates across Asia

Financial Times: South Korea mired in longest manufacturing slump since 1970s.

Sasha Borissenko: Mainzeal case serves as warning for other directors

OPINION: It wouldn't be surprising if the appetite for directorships declined as a result.

Cooling US economy gives Fed breathing room on interest rates

Financial Times: Jobs and price data suggest bank's quest to tame inflation is working.

Sickness and work is a disaster that must be fixed

An increasing number of younger people are suffering disabilities so bad they can't work.

Everton suitor 777 hails new era of football ‘hyper commercialisation’

Financial Times: Miami investors says opportunities justify bets on struggling clubs.

Opinion: Love plus work - it’s an emotional minefield

Financial Times: A partner’s support has a significant bearing on professional life.

KiwiSaver members missing out on $23,000 each of government contributions

Between July 2021 and June 2022, more than a million Kiwis missed out on 'free money'.

BlackRock hit by backlash after fall in environmental and social votes

FT: Firm - which backs NZ's new $2b renewable fund - accused of giving in to 'war on ESG'.

Sacred Hill's $72m shortfall referred to authorities

Receivers lodge formal complaints over winemaker, which collapsed in 2021 owing $100m.

How Saudi Arabia and UAE are positioning themselves for power

Financial Times: Confident oil-rich Gulf states are forging new alliances in Asia.

Reserve Bank’s money printing boosts Kiwibank’s profits

The state-owned bank continues to enjoy relatively cheap RBNZ funding.

Third major bank hikes mortgage rates this week

Westpac is lifting its mortgage and term deposit rates from tomorrow.

‘A signal for the whole elite’: The demise of Yevgeny Prigozhin

Financial Times: Warlord’s plane crashes two months after coup attempt against Putin.