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Finance

Markets, investing, personal finance, and the forces moving the economy.

Why New Zealanders Are Moving To Australia in Record Numbers
Finance

Why New Zealanders Are Moving To Australia in Record Numbers

About 41,000 New Zealanders moved to Australia in 2025, the most in 12 years, drawn by a more robust jobs market. When even former Prime …

May 9, 2026
US Awaits Iranian Response After Hormuz Clashes Strain Ceasefire
Finance

US Awaits Iranian Response After Hormuz Clashes Strain Ceasefire

The US was waiting on Iran’s response to its latest proposal to end the war after suggesting word could come imminently, following clashes …

May 9, 2026
ECB’s Escrivá Says AI Risks Prompt Finance Infrastructure Review
Finance

ECB’s Escrivá Says AI Risks Prompt Finance Infrastructure Review

Central banks must review the resilience of financial infrastructure given the rise of artificial intelligence, as well as defend their role …

May 9, 2026
Kenya Plans Taxes on Phones, Banking Fees to Raise $1 Billion
Finance

Kenya Plans Taxes on Phones, Banking Fees to Raise $1 Billion

Kenya plans taxes on mobile phones and banking fees to help raise nearly $1 billion in revenue in an effort to trim the nation’s fiscal …

May 9, 2026
Finance

Why one of the nation's largest auto lenders isn't worried about high vehicle prices or 'forever loans'

While median car payments have jumped from $390 to $525 since 2019, data provided by Capital One suggests stability in vehicle cost compared …

May 9, 2026
New York Stock Exchange to open private members’ club on Wall Street
Finance

New York Stock Exchange to open private members’ club on Wall Street

Exclusive social hub planned for renovated vault as NYSE competes with Nasdaq for lucrative tech IPOs

May 9, 2026
ByteDance Targets 25% Rise in AI Infrastructure Spending: SCMP
Finance

ByteDance Targets 25% Rise in AI Infrastructure Spending: SCMP

ByteDance Ltd. has boosted planned spending on artificial intelligence infrastructure this year by 25% to 200 billion yuan ($29.4 billion), …

May 9, 2026
Standard Life and CVC square the circle on defined-benefit pensions
Finance

Standard Life and CVC square the circle on defined-benefit pensions

There are more than £1tn of assets sitting in UK retirement schemes that could be picked up in risk transfer deals

May 9, 2026
Finance

WHSmith’s new owner makes a contrarian bet on the UK high street

Modella Capital plans to cut as many as 150 WHSmith stores out of the 480 it acquired and bring in new goods and services

May 9, 2026
Finance

The sailors who keep ‘ghost’ tankers moving

Working on an oil tanker under sanctions was a job like any other — until they ended up in the line of fire

May 9, 2026
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