By Kerry Hannon, Next avenue Getty Laurence Kotlikoff, the provocative Boston University economics professor and social security expert, has written an excellent new book, “Money Magic: An Economist’s Secrets to More Money, Less Risk, and a Better Life.” He offers counter-intuitive and surprising personal finance advice, whatever your age. You will want to hear them.
More growth policies deemed necessary for Chinese economy despite rate cuts China still needs more growth policies to stabilize its economy after the central bank moved unexpectedly to cut its key interest rates, the Financial News, backed by China’s central bank, said on Tuesday. The People’s Bank of China cut its 1-year policy lending rate
A struggling Australian fitness franchise that has been trashed on the stock markets is now facing not one, but five potential lawsuits. F45 Training Holdings Inc, known for its High Intensity Interval Training (HIIT) classes, was first an Australian success story after hitting the New York Stock Exchange in July last year and raising $500
SINGAPORE — Japanese stocks jumped as trade resumed, while Asia-Pacific stocks were mixed on Friday after strong gains in the previous session as investors digested the U.S. inflation report. The Nikkei 225 jumped 2.62% to 28,546.98, while the Topix index rose 2.04% to 1,973.18. Japanese markets were closed on Thursday for a public holiday. Japanese
Recession fears may be looming in Asia-Pacific, but that hasn’t stopped companies in India, Australia and Singapore from continuing their hiring spree, according to LinkedIn. As economies reopened after the pandemic, companies in the hospitality, retail and entertainment sectors stepped up hiring, said Feon Ang, general manager Asia Pacific at the business networking platform. All
Sydney, Australia – Brett Hosking, a grain producer in Victoria, Australia, has cut his profits dramatically since China imposed an 80.5% tariff on Australian malting barley in 2020. Now barley growers estimate they are losing A$50 ($35) per tonne, he said, because they have to sell their quality malting barley to other markets to feed
Investors funding startups turn heads in the US and Australia and write down the value of their existing holdings amid rising interest rates, recession fears and falling tech stocks in public markets. Industry players say New Zealand might not be so badly hit, given that investors here have been more conservative and bought at cheaper
LONDON (Reuters) – One day you’re out and the next you’re in: The world’s sovereign bond markets are back in favor as global recession fears mount. Germany’s government borrowing costs to France and Australia have fallen sharply this month, with 10-year bond yields down around 50 basis points each in July and set for their
SINGAPORE — Asia-Pacific stocks traded mixed on Wednesday ahead of Australia’s inflation report and investors are eagerly awaiting the Fed’s policy decision. Japan’s Nikkei 225 slipped 0.19%, while the Topix index fell 0.1%. In Australia, the S&P/ASX 200 gained 0.23%. South Korea’s Kospi recovered from slight losses to rise slightly, and the Kosdaq advanced 0.53%.
SINGAPORE — Stocks in the Asia-Pacific region were mostly higher on Tuesday as South Korea’s gross domestic product beat estimates. South Korea’s Kospi recovered from its losses to rise 0.43%, while the Kosdaq gained 0.11%. South Korea’s economy grew 0.7 percent in the second quarter from the first quarter of 2022, according to estimates released