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ASB expects the RBNZ to hold the OCR at 2.25% on July 8 rather than hike, arguing the retreat in oil prices buys time to diagnose the shock, even as it agrees rates are still likely to rise later this year.
Molly Tea faces $15.2M LV trademark loss, appealing ruling. Returns hit by legal costs.
Hong Kong's MPFA plans to relax approval rules for gold ETFs in its HK$1.53 trillion pension scheme, part of a push to make the city a regional gold trading hub, with exposure capped at 10% and derivatives banned, a source says.
McDonald's stock dips slightly on news, but remains a strong buy for value investors.
Logan Airport fueling issue grounds flights, causing 400+ delays & 14 cancellations. Major airlines impacted.
New Zealand data - ANZ commodity index rises as wool, aluminium lead year-on-year gains NZD index slips even as world commodity prices push higher
PBOC sets USD/ CNY reference rate for today at 6.8066 (vs. estimate at 6.7850) PBOC CNY reference rate setting for the trading session ahead.
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