{"id":62392,"date":"2026-05-26T22:38:18","date_gmt":"2026-05-27T02:38:18","guid":{"rendered":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/rbnz-holds-rates-after-split-vote-chinext-hits-record-high-as-nvidia-unveils-taiwan-hq\/62392\/"},"modified":"2026-05-26T22:38:18","modified_gmt":"2026-05-27T02:38:18","slug":"rbnz-holds-rates-after-split-vote-chinext-hits-record-high-as-nvidia-unveils-taiwan-hq","status":"publish","type":"post","link":"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/rbnz-holds-rates-after-split-vote-chinext-hits-record-high-as-nvidia-unveils-taiwan-hq\/62392\/","title":{"rendered":"RBNZ Holds Rates After Split Vote; ChiNext Hits Record High as NVIDIA Unveils Taiwan HQ"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_83 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/rbnz-holds-rates-after-split-vote-chinext-hits-record-high-as-nvidia-unveils-taiwan-hq\/62392\/#Key_Takeaways\" >Key Takeaways<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/rbnz-holds-rates-after-split-vote-chinext-hits-record-high-as-nvidia-unveils-taiwan-hq\/62392\/#RBNZ_Maintains_Rates_Amid_Internal_Divide\" >RBNZ Maintains Rates Amid Internal Divide<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/rbnz-holds-rates-after-split-vote-chinext-hits-record-high-as-nvidia-unveils-taiwan-hq\/62392\/#China_Markets_Hit_Records_as_Tech_Gains\" >China Markets Hit Records as Tech Gains<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/rbnz-holds-rates-after-split-vote-chinext-hits-record-high-as-nvidia-unveils-taiwan-hq\/62392\/#NVIDIA_Signals_Long-Term_Commitment_to_Taiwan\" >NVIDIA Signals Long-Term Commitment to Taiwan<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/rbnz-holds-rates-after-split-vote-chinext-hits-record-high-as-nvidia-unveils-taiwan-hq\/62392\/#Japan_Maintains_Easy_Stance_Despite_Rising_Yields\" >Japan Maintains Easy Stance Despite Rising Yields<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"#\" data-href=\"https:\/\/www2.stockmarketwatch.com\/stock-market-news\/rbnz-holds-rates-after-split-vote-chinext-hits-record-high-as-nvidia-unveils-taiwan-hq\/62392\/#US_Political_and_Domestic_Developments\" >US Political and Domestic Developments<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Key_Takeaways\"><\/span>Key Takeaways<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li><strong>The Reserve Bank of New Zealand (RBNZ)<\/strong> maintained its Official Cash Rate at <strong>2.25%<\/strong> following a deadlocked <strong>3-3 committee vote<\/strong>, requiring a tie-breaking casting vote from the Chair.<\/li>\n<li><strong>China\u2019s ChiNext Price Index<\/strong> surged <strong>2.6%<\/strong> to reach a new <strong>record peak<\/strong>, bolstered by a <strong>3%<\/strong> advance in <strong>Xiaomi (<a href=\"\/stock\/1810\">1810<\/a>)<\/strong> shares in Hong Kong.<\/li>\n<li><strong>NVIDIA (<a href=\"\/stock\/NVDA\">NVDA<\/a>)<\/strong> CEO Jensen Huang announced a major <strong>Taiwan headquarters<\/strong> project, with construction set to begin in <strong>2026<\/strong> and occupancy targeted for <strong>2030<\/strong>.<\/li>\n<li><strong>The Bank of Japan (BoJ)<\/strong> signaled that <strong>financial conditions remain easy<\/strong>, even as superlong <strong>JGB yields rise<\/strong> on expectations of higher future inflation.<\/li>\n<li><strong>Australian inflation<\/strong> data for April showed a cooling trend, causing the <strong>Australian Dollar<\/strong> to retreat from a two-week high against the Yen.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"RBNZ_Maintains_Rates_Amid_Internal_Divide\"><\/span>RBNZ Maintains Rates Amid Internal Divide<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The <strong>Reserve Bank of New Zealand (RBNZ)<\/strong> kept the Official Cash Rate (OCR) steady at <strong>2.25%<\/strong> today, though the decision revealed a deeply divided committee. Minutes from the meeting showed a <strong>3-3 split<\/strong>, with three members pushing for a <strong>25bps hike<\/strong> while the remaining three, including the Chair, opted for a hold via a casting vote.<\/p>\n<p>Despite the pause, the central bank maintained a <em>hawkish tilt<\/em>, warning that interest rates may need to move higher than previously forecasted in February. Policymakers projected that <strong>headline inflation<\/strong> will climb to <strong>4.3% in Q3<\/strong> before returning to the <strong>2% target<\/strong> by mid-2027. The committee noted that <strong>Middle East tensions<\/strong> are adding significant upside risks to energy prices and overall inflation.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"China_Markets_Hit_Records_as_Tech_Gains\"><\/span>China Markets Hit Records as Tech Gains<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>China\u2019s growth-enterprise board, the <strong>ChiNext Price Index<\/strong>, advanced <strong>2.6%<\/strong> to reach a <strong>record peak<\/strong> during Wednesday&#39;s session. This rally was supported by broader gains in the tech sector, including <strong>Xiaomi (<a href=\"\/stock\/1810\">1810<\/a>)<\/strong>, which saw its shares rise <strong>3%<\/strong> in Hong Kong trading.<\/p>\n<p>In Australia, the <strong>S&amp;P\/ASX 200 (<a href=\"\/stock\/%5EAXJO\">^AXJO<\/a>)<\/strong> edged higher to <strong>8,663.20 points<\/strong> following the release of April inflation figures. However, the <strong>Australian Dollar<\/strong> pulled back from recent highs against the Yen as the softer-than-expected inflation data reduced immediate pressure for further tightening by the RBA.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"NVIDIA_Signals_Long-Term_Commitment_to_Taiwan\"><\/span>NVIDIA Signals Long-Term Commitment to Taiwan<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p><strong>NVIDIA (<a href=\"\/stock\/NVDA\">NVDA<\/a>)<\/strong> CEO Jensen Huang announced plans for a massive new headquarters in <strong>Taiwan<\/strong>, with construction scheduled to commence in <strong>2026<\/strong>. The project is part of a long-term strategic expansion, with the company aiming for full occupancy by <strong>2030<\/strong>.<\/p>\n<p>This announcement comes as the labor market continues to adapt to the <strong>AI revolution<\/strong>. Recent reports indicate that college graduates entering the workforce are finding a market where <strong>AI fluency<\/strong> is now considered a core requirement alongside traditional degrees.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Japan_Maintains_Easy_Stance_Despite_Rising_Yields\"><\/span>Japan Maintains Easy Stance Despite Rising Yields<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>A <strong>Bank of Japan<\/strong> official stated today that <strong>financial conditions remain easy<\/strong> and continue to underpin the domestic economy. While <strong>superlong JGB yields<\/strong> have risen due to inflation expectations, the BoJ noted that <strong>real long-term rates<\/strong> remain negative across most maturities.<\/p>\n<p>The central bank highlighted that <strong>corporate earnings<\/strong> remain strong despite higher financing costs. The <strong>USD\/JPY<\/strong> pair remained largely unchanged as traders kept a close eye on the developing conflict in the <strong>Middle East<\/strong>, which continues to influence global risk sentiment.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"US_Political_and_Domestic_Developments\"><\/span>US Political and Domestic Developments<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>In U.S. political news, <strong>DDHQ<\/strong> has projected that Air Force veteran <strong>Carlos De La Cruz<\/strong> will secure the Republican congressional nomination in a high-stakes Texas district. The win is seen as a significant indicator of voter sentiment heading into the general election.<\/p>\n<p>In a bizarre domestic incident, a woman in <strong>Nebraska<\/strong> was injured after a <strong>dog accidentally fired a loaded shotgun<\/strong> inside a truck at a gas station. Local police confirmed the animal triggered the weapon while moving across the back seat, highlighting unusual safety concerns.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Key Takeaways The Reserve Bank of New Zealand (RBNZ) maintained its Official Cash Rate at 2.25% following a deadlocked 3-3 [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":50383,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center 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