RBNZ Preview: Eight major banks expectations

2020-08-11

  The Reserve Bank of New Zealand (RBNZ) will announce its Interest Rate Decision on 11 June at 02:00 GMT. The market consensus is for the RBNZ to stay on hold and to expand the size of the Large-Scale Asset Purchase (LSAP) from the current NZD 60 billion. Here areRead More →

Who was Qassem Soleimani, and why is his death a major development in U.S.-Middle East relations?

2020-01-02

Qassem Soleimani, leader of the foreign wing of Iran’s Islamic Revolutionary Guard Corps, was killed in a U.S. airstrike at Baghdad’s international airport Friday, local time, escalating long-brewing animosities between Tehran and Washington. President Donald Trump authorized the airstrike that killed Soleimani, a top Iranian general who is considered oneRead More →

Major backers of Facebook’s Libra may be getting cold feet

2019-10-01

Cracks are forming in the coalition Facebook Inc. assembled to build a global cryptocurrency-based payments network. Visa Inc. V, +1.33%  , Mastercard Inc. MA, -0.23%   and other key financial partners that signed on to help build and maintain the Libra payments network are reconsidering their involvement following backlash fromRead More →

Tesla looks to make major changes to board amid SEC fight

2019-04-19

As Tesla Inc. discusses potential ramifications for Chief Executive Elon Musk’s actions with the Securities and Exchange Commission, it disclosed a dramatic change to its board of directors late on Good Friday. In a proxy filing with the SEC, Tesla TSLA, +0.75%  said that four independent directors will step down.Read More →