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Finance & Markets

New Zealand’s Year-End Inflation Surge Points to More Rate Hikes

New Zealand inflation likely eased slightly in the third quarter, but the respite is set to be short-lived as a weaker currency and surging oil prices drive an acceleration in the final three months of the year, building the case for rate hikes.

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

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RLI Q3 Profit Falls 35%

(RTTNews) - RLI Corp. (RLI) on Monday reported third-quarter net earnings of $81.0 million, or $0.88 per share, down 35% from $124.6 million, or $1.35 per share, a year earlier.

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