New Zealand dollar slumps on outlook for further rate cuts
Central bank makes quarter-point cut to 3% with further lowering expected as economy stalls
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US tech stocks hit by concerns over future of AI boom
Warning from OpenAI’s Sam Altman and MIT paper puncture Wall Street’s enthusiasm
Bank rally puts Shawbrook’s IPO ambitions in reach
Those debating the health of London’s capital markets seize on even the smallest listing to validate their thesis — good or bad
Bessent bets on stablecoins to bolster demand for Treasuries
Treasury secretary’s discussions with crypto groups have helped inform issuance decisions
Investors warn of ‘new era of fiscal dominance’ in global markets
Combination of record government debt and rising borrowing costs puts central banks under pressure