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NZ interest rates drop sharply after Fed news, GDP fall

A double whammy of a more-dovish-than-expected US Federal Reserve and news of an unexpected contraction in the New Zealand economy drove local interest rates...

New-zealand , Mark-smith , David-croy , Reserve-bank , Doug-steel , Nz , Interest , Rates , Drop , Sharply , After

TOKYO (Reuters) -- Japan's wholesale prices rose 0.3% in November from a year earlier, data showed on Tuesday, slowing sharply from the previous month

Japan , Wholesale , Inflation , Slows , Sharply , Easing , Cost , Pressure ,

US-made goods orders fell sharply in October

WASHINGTON, D.C.: Orders for manufactured goods produced in the United States fell sharply in October, dragged down by a steep decline in transportation equipment orders, reversing an overall increase in September.

Manila , Philippines , United-states , Washington , Rubeela-farooqi , Terms-of-service , Commerce-department , Ryanair , High-frequency-economics , Manila-times , Pantheon-macroeconomics , Us-made

Weekly US jobless claims drop sharply

The U.S. jobs market tightened unexpectedly during the preceding week.

Ian-shepherdson , Department-of-labor , Weekly , Jobless , Claims , Drop , Sharply , Category-all , Category-market-report , Category-economic-news , Category-currencies , Category-bonds

The Trusts' $40 million expansion: Review planned after Glen Eden bottle store knockback, with police sharply critical

The Trusts’ five-year, $40 million expansion plan stumbled at its first hurdle, with an application to open a bottle store in low-income Glen Eden knocked...

New-lynn , New-zealand-general- , New-zealand , Glen-eden , Auckland , Allan-pollard , Deborah-marie-leahy , Nick-sykes , Nick-smale , Ministry-of-health , Auckland-district-licensing-committee , West-auckland

FTSE 250 movers: Workspace Group and Softcat fall sharply

London-focused office, industrial and workshop space provider Workspace Group saw a big drop in its share price on Tuesday after swing to a big loss in the first half of the year as a result of a £178m reduction in valuations.

Cranswick , East-riding-of-yorkshire , United-kingdom , Johnson-matthey , Foresight-group , Drax-group , Qinetiq-group , Syncona-limited , Close-brothers-group , Capital-group , Baltic-classifieds-group , Foresight-group-holdings-limited

Wholesale market points to lower NZ mortgage rates

New Zealand wholesale interest rates have fallen sharply over the last month or so, suggesting mortgage rate cuts could be in store before long. Two-year...

New-zealand , Jarrod-kerr , Hamish-pepper , Kiwibank-kerr , Quarterly-survey-of-business-opinion , Kiwibank , Reserve-bank , Quarterly-survey , Business-opinion , Asset-management , Monetary-policy-statement , Wholesale

US stocks and bonds jump after inflation falls

US inflation fell more than expected to 3.2 per cent in October, the first decline in four months, prompting Treasury yields to fall sharply and Wall Street...

United-states , United-kingdom , New-york , American , Thomas-barkin , Jay-powell , Gregory-daco , Joe-biden , Richard-mcphail , James-knightley , Federal-reserve , Nasdaq

Employment: Job adverts decline sharply, Seek report shows

Job advertising fell 5.6 per cent in October, according to the Seek/BNZ Employment report. Fortifying the downward trajectory in the trend. Negativity also...

South-island , New-zealand-general- , New-zealand , Craig-ebert , West-coast , Employment , Job , Adverts , Decline , Sharply , Seek

Xero earnings preview: Analysts have sharply different takes

Many of Xero’s small business customers suffered during pandemic lockdowns, and the economic slowdown that followed. Earlier this year, the cloud accounting...

Australia , New-zealand , United-states , Tom-beadle , Van-keulen , Elise-kennedy , Rod-drury , Roy-van-keulen , Sukhinder-singh-cassidy , Singh-cassidy , Xero , Earnings