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Oil prices fell over 2% on Wednesday as fears of disruption to supplies due to conflict in the Middle East receded a day after top Opec producer Saudi Arabia pledged to help stabilise the market.
U.S. home prices skyrocketed 20% during the pandemic, but froth in today's housing market looks less likely to spark another big blow up, says Goldman Sachs.
Pimco makes a case for high quality bonds yielding about 5%-8% over stocks, in part because they offer downside protection if the U.S. economy falters in the...
The US dollar continues to strengthen at the cost of regional currencies including the ringgit, which closed at a 11-month low yesterday leading forex traders and analysts to pin hopes on currency interventions and a recovery in Chinese data to provide relief for the local unit.
By Finn Blackwell of RNZ
Aucklanders could be facing a double-digit rates hike next year as the city council again looks at how to cover costs.
Earlier thi