Corporate Japan and households to rethink debt after BOJ rate hike
Bank of Japan Seiko and AGC switch to fixed-rate loans and reduce borrowing The central bank’s latest rate…
Home loan shake-up as major banks hike long-term rates, trim six-month fixes
ASB has also lowered its six-month home loan rate by 20bps to 4.65%, which it says is “market-leading”.…
US unemployment rate ticked up to 4.6%, the highest level since the Covid pandemic
Also, job creation in August was revised down by 22,000, showing the economy shed 26,000 jobs that month.…
China ends tax break on condoms in push to lift falling birth rate
“Decisions about having children in China today are shaped primarily by broader economic and lifestyle factors, such as…
Are recent mortgage rate increases justified? Banks accused of putting profits ahead of NZ’s economic recovery
The banks’ moves came as swap rates, which influence longer-term mortgage rates, spiked in the fortnight following the…
Gentrack sell-off drives NZ sharemarket down – Market close
The bank announced late on Tuesday it would hike its two- to five-year fixed mortgage rates despite the…
Reserve Bank Governor says there is no preset course for monetary policy after Westpac hikes interest rates
She declined the opportunity to explicitly talk the market up or down. Rather, she stressed a couple of…
Westpac lifts longer-term mortgage and term deposit rates by whopping 30 basis points
Indeed, Westpac said wholesale rate rises were behind its decision to lift its two-, three-, four- and five-year…
Young People Aren’t Getting Hired — but AI Isn’t to Blame
Young people entering the job market are facing the toughest conditions in years — but artificial intelligence isn’t…
India delivers rate cut despite rupee weakness and resilient growth – Nikkei Asia
India delivers rate cut despite rupee weakness and resilient growth Nikkei AsiaSensex settles 450 pts higher, Nifty ends near…
Official Cash Rate cuts: Mortgage arrears at two-year low after OCR cuts
More than $2.2 billion in housing loans was classed as non-performing in October 2025, compared to $1.4b in…
International economists pick Reserve Bank will have to cut Official Cash Rate again
The Kiwi dollar was more sensitive than peers to shifts in global risk appetite, BMI said. “Key headwinds…