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Category: New Zealand

Asia's central banks on edge after Philippines’ surprise rate cut. (Photo: BSP)
Estimated read time 3 min read
China Indonesia Investing & Markets New Zealand Philippines South Korea Thailand U.S.

Philippines’ bold rate cut spurs Asia’s central banks to reconsider

  • Post Date 08/19/2024

In a move that caught many by surprise, the Philippines’ central bank broke away from the pack, slashing its main policy rate last week. This [more…]

Ardonagh Group's A$2.26 billion acquisition of PSC Insurance signals expansion into Australian market. (Photo: Insurance Insider)
Estimated read time 2 min read
Australia Investing & Markets New Zealand U.K.

PSC Insurance welcomed into Ardonagh Group’s fold, set to bolster Australian presence

  • Post Date 05/08/2024

In a move set to shake up the insurance landscape, Australia’s PSC Insurance is poised to be acquired by the UK’s Ardonagh Group in a [more…]

New Zealand Central bank Governor, Adrian Orr, criticizes stablecoins as unstable and unsuitable for currency replacement. (Photo: Mark Graham | Bloomberg)
Estimated read time 2 min read
Investing & Markets New Zealand

New Zealand’s bank chief slams stablecoins as unstable currency alternatives

  • Post Date 02/12/2024

In a refreshing departure from typical central bank rhetoric, Adrian Orr, the governor of the Central Bank of New Zealand, has taken a bold stance [more…]

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