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IMF Says New Zealand Rates Need to Rise

By James GlynnSYDNEY--The International Monetary Fund has called for higher interest rates in New Zealand to contain inflation, while admitting the economy has been hit hard by oil shocks.In its latest report card on the state of play in the South Pacific economy, the IMF said policy makers face di…

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Economy
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Nikkei May Rise Following U.S. Tech Stock Gains — Market Talk

Japanese stocks may rise following overnight gains in U.S. technology stocks. Hopes for artificial intelligence-related demand may continue to support the market. Nikkei futures are up 1.1% at 71040 on the SGX. The dollar is at 162.56 yen, compared with Y162.24 as of Tuesday's Tokyo stock market cl…

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index
NEWS dow-jones

Nikkei May Rise Following U.S. Tech Stock Gains — Market Talk

1947 ET - Japanese stocks may rise following overnight gains in U.S. technology stocks. Hopes for artificial intelligence-related demand may continue to support the market. Nikkei futures are up 1.1% at 71040 on the SGX. The dollar is at 162.56 yen, compared with Y162.24 as of Tuesday's Tokyo stock…

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index
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Air New Zealand on Course for Another Tough Year — Market Talk

For Air New Zealand, FY27 is likely to be another tough year before the benefit of normal aircraft availability and scale come through. That's the view of Macquarie, which retains an "underperform" call on Air New Zealand's stock. The carrier has raised airfares to try and mitigate fuel costs. Stil…

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StocksNZ
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El Niño Damage to GrainCorp's Share Price Already Done — Market Talk

GrainCorp's share-price fall since April attracts Bell Potter as a new bull. GrainCorp has lost more than 20% of its value since Australia's Bureau of Meteorology issued its El Niño watch that month. The bureau confirmed an El Niño event last month. "From a historical context the downward movement…

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StocksAU
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Australia Stocks Set to Rise as New Fiscal Year Begins — Market Talk

Australian stocks look set to move higher at the start of the country's new financial year. Local equities futures are up by 0.1% ahead of Wednesday's session, suggesting that the S&P/ASX 200 will recover some of the ground lost in Tuesday's 0.5% slip. The benchmark index still closed out a third s…

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index
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ITG Says 19.5M Share IPO to Price at $16 per Share

By Stephen NakrosisITG said its 19.5 million share initial public offering will price at $16 per share, below a previously expected range of $19 to $22 per share.The provider of services to the communications and digital infrastructure industries also said underwriters will be offered an additional…

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ETFsStocksUS
NEWS dow-jones

ECI Technology Group Inc. Announces Acquisition of QUESTEK Mfg. Corp., Expanding Capabilities and Capacity to Better Serve Customers

TORONTO--(BUSINESS WIRE)--June 30, 2026--ECI Technology Group Inc. (ECI), a leading provider of electrical and electronic manufacturing and technical services, is pleased to announce the acquisition of Questek Manufacturing Corp. (Questek), a manufacturer with more than 40 years of experience produ…

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StocksCA