Heather du Plessis-Allan Drive

There's been a significant upswing in global equity markets in the past couple of weeks.

The Nasdaq is up by 12 percent, the US Equities Market is up by 10 percent, Europe's markets are up by 6 percent, and even China is reporting an increase.

Fisher Funds expert Sam Dickie explains this current burst of optimism, and what to expect from 2024.

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

Alliance Group this week announced a significant loss for the 2023 financial year.

The co-operative lost over $70 million, as geo-political tensions, inflationary pressures and weakening global markets continued to affect the red meat sector.

The Country's Jamie Mackay says the current volatile market has created extra pressure for the struggling sector.

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

New data from REINZ showed the New Zealand housing market cooled in October.

Prices declined 2 percent nationally on a seasonally adjusted basis, in the first monthly reduction in house prices since April.

NZ Herald business editor at large Liam Dann says prospective buyers are feeling less optimistic as interest rates continue to soar.

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

Post-election coalition talks are still under way, with leaders from all three parties meeting at Auckland's Cordis Hotel.

National's Nicola Willis and Christopher Luxon have claimed that negotiations are heading into the final stages.

ZB political editor Jason Walls says leaders from all three parties seem to agree talks are progressing well- but it's too soon to know for sure?

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

A Catholic school in NSW's Southern Highlands is the latest to allow students to take a four-day week.

Chevalier College will permit students from years 10 to 12 to learn from home on Mondays from 2024, as part of a new set of educational measures.

Australian correspondent Murray Olds says these privileges will only be granted to a select few students, who have proven they can learn without supervision. 

LISTEN ABOVE 

See omnystudio.com/listener for privacy information.

India have beaten New Zealand by 70 runs at Mumbai to advance to the Cricket World Cup final.

The key wicket in the chase for 398 was a cramp-riddled Daryl Mitchell, who reached 134.

Sportstalk host D'Arcy Waldegrave explains the mass reaction to the team's loss.

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

Daryl Mitchell has addressed the debilitating cramps which crept into his heroic innings against India as the Black Caps fell in the Cricket World Cup semifinals in Mumbai.

The 32-year-old's 134 wasn't enough to help New Zealand into their third straight final, coming up 70 runs short after the hosts posted 397.

He says the team tries to prepare for environmental factors that might impact them, but the humidity was surprising.

"We're pretty detailed with how we prepare before the games, we weigh ourselves, but sometimes the humidity we're playing in- it's hot work."

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

US President Joe Biden and his Chinese counterpart discussed climate change, in a first bilateral meeting in seven years.

The pair sat down together ahead of the APEC Summit in San Francisco.

Biden says Xi Jinping agreed to help disrupt fentanyl drug production, resume military communications and assess AI risk.

Herald business commentator Fran O'Sullivan says they also talked about a combined approach to the climate crisis.

"Between them, they're 40 percent of emissions for the world. These are major issues, they've got the big meeting up in Dubai coming soon- COP28."

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

Winston Peters is expected to emerge from a meeting with National soon, as Government-forming talks continue.

NZ Herald political reporter Adam Pearse is outside the Cordis Hotel in Auckland, and says Peters has been with National's leader Chris Luxon for more than two hours.

He says the meetings are getting longer, which could mean they are getting into the detail.

"The latest we've heard is that there are still policy differences that they have yet to iron out. And I would imagine if you were spending over two hours discussing in a hotel room, ministerial positions  are not the only things you're talking about."

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

A Māori academic says the Ministry of Foreign Affairs reducing Te Reo usage is deeply disappointing.

Stuff reports the Ministry has removed Māori from some official documents, anticipating an incoming National-led Government.

A leaked email from its chief executive discusses the decision to remove Te Reo headings from submission templates.

Rapata Wiri says the agency is trying to appease voters.

"They're trying to undo all the good work that's been put in place over the last 50 years."

An MFAT spokesperson confirms it has adjusted one template, and will consult with the incoming Minister for their preferences on receiving advice.

LISTEN ABOVE

See omnystudio.com/listener for privacy information.