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Economics Page 4

A view of the Auckland skyline during sunset
Covid-19 restrictions cool Kiwi house prices in September

Prices fell 6.5% on a month-on-month basis as restrictions dampened housing sales

Debabrata Das
G20 nations
G20 affirms tax reform, recommits to recovery

Leaders offered assessments, recommendations amid volatile conditions

Andrew Knoll
Shopping cart with boxes on a laptop
Afterpay and Bonsai to bring BNPL to online publishers

Company plans to leverage affiliate links to generate revenue for merchants

Robert Davis
Jerome Powell
Fed Reserve eyes $15bn monthly reduction in asset purchases

Interest rate increases could be around the corner in late 2022

William Hoffman
Federal Reserve
Quarles loses watchdog role at the US federal reserve

No successor has been named as term expires

Daniel Tyson
Front view of First Republic Bank
First Republic Bank beats Wall Street in Q3

Company expects growth in total loans and wealth management assets to continue in future quarters

Robert Davis


Shipping containers being loaded at dock
Walmart, Target join White House to reduce port congestion

UPS and FedEx commit to increasing night-time operations at Los Angeles ports.

William Hoffman
MI6 headquarters in London
Ex-MI6 chief: ‘It’s not computers attacking us; it’s humans’

The real-life “M”, Sir Alex Younger shares insights into intelligence in a digital world

Joyanta Acharjee
Modern kitchen stove cook with blue flames burning
More energy firms could collapse as industry crisis continues

UK regulator Ofgem is reportedly bracing for four more suppliers to cease trading

Angela Barnes
Jet being fuelled
Global jet fuel fails to gain altitude

Other petroleum products seeing post-pandemic increases

Daniel Tyson
Woman shopping for clothes
US consumers spend more in September, Fed ‘tapering’ remains

Inflation remains hot in September as market predicts continued Fed tapering

Joseph Toppe
Pandemic savings are still underpinning spending
UK credit card spending at highest level in 8 years

FICO said the average spend went up to £711 in August

Angela Barnes
Volkswagen factory in Wolfsburg, Germany, in 2016
Eurozone production falls as supply chain issues persist

Analysts say July rise was likely a blip, with the German auto sector proving a big drag

Jenni Reid
Street view of the boat-shaped building of Infosys, the famous information technology company at Technopark, Kerala India
India’S IT giant Infosys reports surge in profits, revenues

Infosys reports surge in second-quarter profit and revenues, raises guidance for 2021-22

Anoop Agrawal
representative image
India’s CarDekho raises $250m in pre-IPO round

Led by LeapFrog Investments, investors in this round included US-based Canyon Partners, Mirae Asset and Harbor Spring Capital

Vinu Lal