News in Brief

News in Brief
Wakeup call: Hawkish Powell hits bonds
Wakeup Call

Wakeup call: Hawkish Powell hits bonds

A hawkish speech from Federal Reserve chair Jerome Powell prompted a bond market selloff while oil prices jumped again on fears of even tougher European Union sanctions on Russian oil imports, along with fading hopes for a peace deal in Ukraine.

Bernard Hickey 22 Mar 2022
NZ shares flat as market stabilise
Markets market close

NZ shares flat as market stabilise

Stocks on the NZX were mixed, although there were more ups than downs on the day.

Dan Brunskill 21 Mar 2022
ANZ NZ's CFO is leaving to become Partners Life CFO
Finance

ANZ NZ's CFO is leaving to become Partners Life CFO

ANZ Bank New Zealand will "go through a process" to replace Stewart Taylor as CFO.

Staff reporters 21 Mar 2022
James Ogden to step down from Summerset board after AGM
Infrastructure

James Ogden to step down from Summerset board after AGM

 Ogden still sits on the Vista Group International board, where he chairs the audit and risk committee.

Staff reporters 21 Mar 2022