New Zealand’s High Commissioner to the United Kingdom Phil Goff.

New Zealand’s High Commissioner to the UK Sacked Over Trump Comment

Phil Goff’s Churchill Reference Costs Him His Diplomatic Post  New Zealand’s High Commissioner to the United Kingdom, Phil Goff, has been dismissed from his position following a controversial remark about former U.S. President Donald Trump during a public event in...
French soldiers participate in a NATO military exercise at the Hohenfels training area in southern Germany, on Sept. 14, 2023.

France Defies U.S. Policy Shift, Continues Intelligence Support to Ukraine

Despite the Trump administration’s recent decision to halt intelligence sharing with Ukraine, France has pledged to continue providing intelligence support to Kyiv, French Armed Forces Minister Sébastien Lecornu said on Thursday. This move highlights growing European concerns about U.S. policy...
German Bond Selloff

European Debt Market Under Pressure: German Bond Selloff Triggers Rising Yields in Japan, Australia, and New Zealand

Global Bond Selloff Spreads as German Spending Plans Shake Markets Japan’s government bond yields have surged to their highest levels in over a decade, reflecting the broader turmoil sweeping global debt markets. The 10-year Japanese government bond (JGB) yield climbed...
Retirement

Why Weekly Savings Matter: The Exact Amounts You Need for a Comfortable Retirement

New Zealand’s Updated Retirement Spending Guidelines and the Path to Financial Security Saving for retirement is a financial goal that often feels daunting, but with clear planning and smart investment choices, it’s achievable. This week, Massey University released updated retirement...
Mount Taranaki Maunga , New Zealand

Mount Taranaki Maunga Granted Legal Personhood in Historic Move to Honor Māori Heritage

In a groundbreaking move that underscores the growing recognition of Indigenous rights and environmental stewardship, New Zealand has granted legal personhood to Mount Taranaki, now officially recognized by its Māori name, Taranaki Maunga. The new legislation, passed unanimously by Parliament...
Central Bank New Zealand

New Zealand Central Bank Signals Further Interest Rate Cuts

The Reserve Bank of New Zealand (RBNZ) has indicated that a significant further reduction in interest rates is likely early next year if the economy performs as forecasted. This announcement follows the Monetary Policy Committee’s (MPC) decision to cut the...
New Zealand dollar

New Zealand’s Central Bank Cuts Rates Again, Signals Further Easing Ahead

The Reserve Bank of New Zealand (RBNZ) cut its cash rate for the third time in four months on Wednesday, trimming it by 50 basis points to 4.25%. The decision, which aligned with the expectations of most analysts, signaled the...
Asia Stock Markets

Asian Markets Waver as Trump’s Tariff Plans Roil Sentiment; NZ Dollar Rallies

Asian markets were mixed on Wednesday as traders assessed the fallout of former U.S. President Donald Trump’s proposed tariffs and looked ahead to key economic data and policy decisions. The New Zealand dollar surged after the nation’s central bank hinted...
Japanese Yen

Yen Stumbles as Japanese Political Landscape Shifts; Dollar Holds Steady Amid Economic Anticipation in U.S.

The Japanese yen lingered near a three-month low against the U.S. dollar on Tuesday as Japan’s ruling coalition fell short of a parliamentary majority in weekend elections, stirring concerns about the country’s political and economic trajectory. Meanwhile, the U.S. dollar,...
China coast guard, South China Sea

UK to Boost Naval Presence in the Pacific Amid Rising US-China Tensions

British Prime Minister Keir Starmer has announced a major shift in the United Kingdom’s defense posture, with a strategic expansion of Royal Navy activities in the Pacific. The move underscores Britain’s commitment to US-led efforts to curb China's expanding maritime...
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