Liam Dann is business editor-at-large for the New Zealand Herald. He is a senior writer and columnist, and also presents and produces videos and podcasts. He.
A continued move higher in global bond yields and tepid demand for US treasury supply weighed on investor risk appetite. Global equities fell with European indices close to 1% weaker
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The recent increase of the Intermediate Money Transfer Tax (IMTT) from 1% to 2% on all foreign currency payments by Finance Minister Mthuli Ncube has sparked concern among businesses, with many expressing worry over the potential impact on the economy.