National Business Review
July 2025
Switching and new loans drive quarterly 21% jump in mortgages
Fed holds rates steady; tsunami alerts remain active
The Fed kept the benchmark rate in its target range of 4.25% to 4.5%, where it has been since December
We are making tremendous efforts to bring about the release of the hostages while exerting heavy pressure on Hamas in Gaza,
Aussie rate cut likely in August as inflation falls again
The Australian dollar fell, along with bond yields, while the ASX moved higher on the announcement
Govt’s goal to double geothermal energy use
Kiwibank listing would need an electoral mandate
Kiwibank is gearing up to take on the Australian-owned banks
Air New Zealand names Nikhil Ravishankar as new CEO
Air New Zealand has appointed Nikhil Ravishankar as chief executive to replace Greg Foran when he steps down in October after nearly six years in charge
‘Manufacturing challenges’ pull Synlait back into the red
Milk processor Synlait is forecasting a net loss of $27-$40 million for the year to July after “manufacturing challenges” at its Dunsandel plant
UK threatens to recognise Palestininan state; IMF ups forecast
Big business coping better than small in current economy
Kiwibank has today released its latest State of Savings Index, which included responses from consumers and businesses across the
Du Val accountant guilty of conduct breaches named
Iran sends ‘very bad’ signals, Trump says; Russia sanctions loom
Iran promised to continue to pursue nuclear enrichment for civilian purposes
Samsung agreed to allow Tesla to assist in maximising manufacturing efficiency. This is a critical point, as I will walk the line personally to accelerate the pace of progress,
The agreement is an inadequate compromise and sends a disastrous signal to the closely intertwined economies on both sides of the Atlantic,
The EU is accepting painful tariffs. Even a 15% tariff will have immense negative consequences for Germany’s export-oriented industry,
I'm going to reduce that 50 days that I gave him to a lesser number because I think I already know the answer what's going to happen,
FNZ staff file $7.7b claim at High Court
Employee shareholders of fund administration group FNZ have filed a US$4.6 billion ($7.7b) claim in the New Zealand High Court against the company and 17 of its current and former directors
Du Val accountant pleads guilty to conduct breach charges
Taking the cost out of using your debit or credit card
Surcharges currently cost New Zealanders up to $150 million a year
US-EU strike 15% trade tariff deal; aid airdrops reach Gaza
We've reached a deal. It's a good deal for everybody. This is probably the biggest deal ever reached in any capacity,
- The Manila Times manilatimes.net
- The Korea Times koreatimes.co.kr
- CNA channelnewsasia.com
- CNA channelnewsasia.com
- Hürriyet Daily News hurriyetdailynews.com
- International Business Times ibtimes.com
- Le Monde lemonde.fr
- CNA channelnewsasia.com
- Hürriyet Daily News hurriyetdailynews.com
- The News International thenews.com.pk
- National Business Review nbr.co.nz
- Deutsche Welle dw.com
- The Telegraph telegraph.co.uk
We hope it will be implemented, and we hope that most or all countries around the world will follow France’s lead in recognising the Palestinian people’s right to an independent state,
Shengjia has already pioneered several breakthroughs including a new scaling paradigm and distinguished himself as a leader in the field,
Trump turns tariff dial; India-UK sign free trade deal
The more severe and complex the international situation is, the more China and the EU should strengthen communication, enhance mutual trust, and deepen cooperation,
We’ll have a straight, simple tariff of anywhere between 15% and 50%,
Europe welcomes competition, we like competition, but competition has to be fair,
US tariffs could reduce global demand for NZ exports, RBNZ says
RBNZ chair apologised to Treasury official for Orr outburst
US nears trade deal with EU; more Palestinians die from hunger
EU member states were set to vote on €93 billion worth of counter-tariffs tomorrow, with a broad majority supporting anti-coercion measures if no deal is reached
So far, the tariff strategy Trump is pursuing looks very inspired, generating serious income, resulting in major investments in the US to avoid the tariffs, and has yet to cause the disruptions and inflation that the naysayers said were certain,
This Deal will create Hundreds of Thousands of Jobs — There has never been anything like it.”
The bold plan to turn Northland into an economic powerhouse
The Far North might be viewed as a struggling region, but the Northland Corporate Group has a plan to turn it into a $60 billion economy by 2050
Trump calls Powell a ‘numbskull’; tariffs hit General Motors
Starting in the United States, President Donald Trump has called Federal Reserve chair Jerome Powell a “numbskull” who has kept interest rates too high, Reuters reported
I think he's done a bad job, but he's going to be out pretty soon anyway. In eight months, he'll be out,
If Chair Powell’s objective is to safeguard the Fed’s operational autonomy (which I deem vital), then he should resign,
Our economy is so strong now, we’re blowing through everything, we’re setting records,
Our economy is so strong now, blowing through everything. We're setting records,