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Finance & Markets

New Zealand’s historic house price crash returns

According to the Real Estate Institute of New Zealand’s (REINZ) leading house price index, which is used by the Reserve Bank, home prices nationally have collapsed back to early 2018 levels in real terms following a near five-year decline: New data from Cotality likewise shows that New Zealand’s house price crash has reasserted itself following The post New Zealand’s historic house price crash…

We haven't written up this one. MacroBusiness has the full story — the link below goes straight to it.

Read the original at macrobusiness.com.au →

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Travelers Chief Risk Officer Sells 6,000 Shares for $2.2 Million

While Olivo sold roughly $2.2 million, the insider's total holdings are still valued at roughly $44 million.

  • Maria Olivo, Travelers' Chief Risk Officer, sold 6,000 shares
  • Sale valued at $2.2 million at $369.86 per share
  • Travelers, a $77B market cap insurer, reported $49B revenue

Oil prices rise to six-week highs

NEW YORK: Oil prices rose to a six-week high on Monday as Iran vowed to strike energy infrastructure across the Middle East in response to further US attacks on its assets, the latest escalation in a…

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