Bloomberg
Australia seen dodging recession even as China slows, US teeters
The chance of recession in the next year in Australia is 25%, versus 60% in the UK, 50% in the US and 35% in New Zealand.
Bloomberg
Magnates sell ‘stunning piece of NZ’ for bumper price
Halfway Bay Station, an 18,000-hectare property on the shores of Lake Wakatipu, was sold by NZ-born mining magnate Chris Ellison and Australian billionaire Tim Roberts.
Markets
Recalibration rather than panic
Investors told to hold on to their hats as the S&P 500 posted a modest gain a day after a brutal stock market selloff.
Markets
Ugly selloff in US pushes shares down most since 2020
The jumbo September interest-rate hike has now been fully priced in. The yield curve inversion deepens and bitcoin plunges the most since June.
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