Wednesday,
05 October 2022

NZ

Hong Kong shares soar 6%, leading Asian market gains (5)
THE ASSOCIATED PRESS October 5, 2022 at 17:35 JST A person stands in front of an electronic stock board showing the Nikkei 225 index, Oct. 5, 2022, in Tokyo. (AP Photo) Hong Kong's share benchmark soared more than 6 percent on Wednesday as Asian shares tracked gains on Wall Street. New Zealand's share benchmark rose 0.8 percent after its central bank hiked its benchmark interest rate to 3.5 percent, saying inflation remained too
UK minister Suella Braverman blames Leicester riots on new migrants (4)
PTI / Oct 5, 2022, 14:43 IST Leicester witnessed clashes involving many Hindu and Muslim groups last month (NYT) LONDON: Britain's Indian-origin home secretary, Suella Braverman, has blamed the recent "riots" in Leicester following an India-Pakistan cricket match on uncontrolled migration into the UK and the failure of newcomers to integrate. In her first speech since being appointed home minister at the Conservative
Asian stocks strengthen but futures show bounce could be short lived (4)
Tweet By REUTERS 2022/10/05 16:59 Asian stocks rose on Wednesday as investors grew hopeful future global interest rate rises might become less aggressive amid early signs previous policy tightening was working to temper price pressures in some major world economies. MSCI's broadest index of Asia-Pacific shares outside Japan (.MIAPJ0000PUS) was up 2.3%, after U.S.
Nursing Shortage Sparks Bidding War as Countries Vie for Talent (3)
(Bloomberg) - The toll of nearly three years of Covid-19 includes millions of nurses broken by punishing hours and low pay, many of whom quit the profession and left hospitals dangerously short of critical staff. Bloomberg News Kanoko Matsuyama and Andreo Calonzo Oct 04, 2022 Elaine Nicole Torres Photo by Veejay Villafranca /Bloomberg (Bloomberg) - The toll of nearly three years of Covid-19 includes millions
RBNZ Continues to Raise Rates Sharply to Counter Inflation Threat (3)
Published: Oct. 4, 2022 at 9:22 p.m. ET By James Glynn The Reserve Bank of New Zealand raised its official cash rate by a further 50 basis points on Wednesday, citing continued inflation pressures across the economy. The hike takes the official rate to 3.50%, and marks the fifth 50-basis- point rise in the current tightening cycle.
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