With the stock market and real estate values hitting record highs, some folks are thinking of early retirement. But retiring early comes with challenges. Consider that if a couple retires at 55, there are fairly good odds that one of them will need their retirement nest egg to last close to 40 years. Here are […]
The pandemic’s seismic economic disruption has suddenly and radically changed consumers’ spending patterns around the world, leaving official inflation data unmoored from what they are experiencing. Surges in price growth in many major economies are worrying investors and central bankers. But part of that trend can be blamed on Covid-19 — with important consequences for how we […]
The Central Provident Fund (CPF) Board’s student outreach programme has engaged over 40,000 people across 65 institutions since it started in 2019. The numbers would have been much higher but for a pause in the physical programmes owing to the pandemic. Unlike adult financial awareness courses, which usually involve trainers giving investing tips and explaining […]
(Reuters) -British consumer goods maker Reckitt Benckiser Group Plc said on Saturday it was selling its infant formula and child nutrition (IFCN) business in China to investment firm Primavera Capital Group for an enterprise value of $2.2 billion.FILE PHOTO: Mead Johnson’s product Enfamil baby formula are displayed on a store shelf in New York City, […]
OPINION: What is happening to our utopian little paradise at the bottom of the world? I askbecause I sense a restlessnesswe haven’t seen for a while.We have woes with water, and a lack of workers. Employers are upset with government plans forFair Pay Agreements and to effectively ban migrant workers. Tauranga ratepayers are misbehaving at […]
Sandeep Mathrani, who has extensive retail real estate experience, has become a member of the board of directors of Tanger Factory Outlet Centers. Mathrani is currently the chief executive officer of WeWork Inc., where he has been orchestrating turnaround efforts. “Tanger Outlets has a long-standing reputation as a leader in the public real estate market,” […]
FILE PHOTO: U.S. President Joe Biden delivers remarks on his administration’s coronavirus disease (COVID-19) response, as Vice President Kamala Harris stands by in the Eisenhower Executive Office Building’s South Court Auditorium at the White House in Washington, U.S., June 2, 2021. REUTERS/Carlos Barria/File PhotoWASHINGTON (Reuters) -Unemployment is down and wages are up, President Joe Biden […]
FILE PHOTO: A Wall St. sign is seen near the New York Stock Exchange (NYSE) in New York City, U.S., May 4, 2021. REUTERS/Brendan McDermid(Reuters) – Wall Street’s main indexes opened higher on Friday after data showed smaller-than-expected jobs growth in May, easing concerns about the economy running too hot and causing an early tightening […]
(Reuters) – U.S equity funds faced outflows in the week to June 2, on concerns over rising inflation and the prospect of an earlier withdrawal of the Federal Reserve’s stimulus support.FILE PHOTO: A Specialist trader watches his chart while working on the floor of the New York Stock Exchange July 8, 2014. REUTERS/Brendan McDermid/File PhotoInvestors […]
Yet another tech firm sold offshore for $100m-plus, but ezyVet founder promises hundreds of new jobs
Tech company ezyVet – the Auckland maker of software for veterinary practices and hospitals – has been bought by Nasdaq-listed IDEXX Laboratories. Founder, CEO and sole shareholder Hadleigh Bognuda would not put a price on the deal, but it was subject to Overseas Investment Office approval – meaning it was somewhere north of the agency’s […]