new zealand dollars

Peter Thiel, billionaire Trump donor and Palantir co-founder, has quietly relocated to Argentina, eyeing it as a backup country. Thiel bought a Buenos Aires mansion, enrolled his kids in school, and bonded with President Javier Milei. His move mirrors Google founders Larry Page and Sergey Brin's California exit, all driven by a proposed 5 percent wealth tax targeting the state's billionaires. Here's what's happening.

The erosion in reserves reflects not only intervention by policymakers to support domestic currencies, but also valuation losses in non-dollar assets, according to data compiled by Bloomberg.

Former Black Caps bowler Doug Bracewell faces a two-year ban after a positive cocaine test during a 2025 County Championship match. This marks his second doping violation. Bracewell, who retired in December 2025, is estimated to have a net worth between USD 1-3 million from his cricket career. The ban impacts his post-retirement prospects.

Indian summer vacation plans to exotic locales are facing a significant setback. A combination of the West Asia conflict and a depreciating rupee has inflated overseas tour package costs by approximately 20%. This surge, coupled with geopolitical instability, has led to a sharp decline in international travel demand, particularly to the Gulf and Europe, impacting the peak summer season.

Aspiring pilots face a steeper climb as jet fuel prices surge and the rupee weakens, pushing Commercial Pilot Licence (CPL) costs in India to Rs 60-70 lakh. Training abroad now incurs 15-16% higher expenses. This financial strain, coupled with long waits for flying hours and jobs, makes the dream of flying increasingly challenging for many.

Jasprit Bumrah's journey from a humble childhood, marked by his father's early death and his mother's sacrifices, to becoming a world-class fast bowler is an inspiring tale of resilience. His early struggles, including practicing with a plastic ball to avoid noise, inadvertently honed his signature yorker. Despite facing rejections, his determination led him to IPL success and global recognition.

Australian and new zealand dollars weakened as markets assessed steady interest rates. Copper prices surged to all-time highs, supporting major commodities. RBA released minutes hinting at possible rate hikes, awaiting inflation and consumer data. RBNZ expected to hold the official cash rate, with markets predicting a potential cut in August.

Halter, a New Zealand firm, has secured $220 million in funding. This investment values the company at $2 billion. Halter's AI cow collars help farmers manage herds and monitor animal health. The company plans to expand its technology across New Zealand, Australia, and the US. Future growth includes entering markets like Ireland and the UK.

The Australian and new zealand dollars were back on the defensive on Monday as the rapid rise of coronavirus cases forced more restrictions in Europe and dimmed the outlook for global growth.

The Australian and new zealand dollars reached three-month highs due to higher commodity prices, expectations of global policy easing next year, and a recovery in the Chinese yuan. The Aussie rose 0.4% to $0.6586, while the kiwi dollar climbed 0.5% to $0.6070. These gains have been driven by the belief that the US Federal Reserve will ease policy next year, in contrast to the hawkish Reserve Bank of Australia. The turnaround in the Chinese yuan and higher iron ore prices also supported the Aussie. However, the Australian dollar may weaken if the 10-year yield differential turns negative.

The Australian and new zealand dollars are stable as traders await central bank rate decisions. The Reserve Bank of Australia's minutes did not change the outlook for domestic monetary policy. The Aussie is at $0.6437, with resistance at $0.6450 and support at $0.6416. The kiwi is at $0.5921, having been in a range of $0.5880 to $0.5940. The currencies have been affected by offshore events, but have shown resilience recently. The RBA's minutes suggest another rate hike may not be imminent. Australian yields have slightly eased.

New Zealand Prime Minister and tourism minister John Key recently released details of budget initiatives for tourism, which includes a good 34 million dollar for business events and 20 million dollar to attract very high-value visitors to their country.

The Australian and new zealand dollars remained steady as central banks prepare for rate decisions, signaling a possible end to global tightening measures. The Australian dollar stayed around $0.6440, while the New Zealand dollar rose slightly to $0.5912. Both currencies were rangebound, boosted by optimism that China's economic slowdown may have bottomed out.

New Zealand prohibits disposable e-cigarettes sales, hikes fines for minors, supports e-cigarettes for quitting. Concerns raised over youth vaping. Retailers face fines, sales restrictions with imagery and names ban.

AUSTRALIA-FOREX/:Australia dlr holds near 3-1/2-mth peak, NZ$ falls ahead of dairy auction

Stocks were slammed on Monday and the dollar battered after emergency rate cuts in the United States and New Zealand, and a raft of steps by policymakers worldwide failed to stem the rout in markets spooked by the broadening fallout of the coronavirus.

The dollar strengthened as tensions in the Middle East increased and investors awaited a speech by Federal Reserve Chair Jerome Powell for insight into the US central bank's rate outlook. The Israeli shekel fell to an eight-year low against the dollar after Prime Minister Benjamin Netanyahu vowed to "demolish Hamas".

In what is suspected to be an immigration scam, three more Indians in transit in New Zealand en route to Australia have gone missing, bringing the total to 39.

Pakistan Twenty20 captain Shahid Afridi was saved of much embarrassment when a fan stepped in to pay for his meal at a fast food joint in Auckland after the flamboyant cricketer realised that he was not carrying local currency.

Hemant Kumar Maharaj and Suresh Din were sentenced after they appeared in the Auckland District Court for sentencing after being found guilty in June of charges including using a document with intent to defraud and dishonestly using a document.