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New Zealand banks make more money than global peers

New Zealand banks are some of the most profitable in the world, a ratings house says. Fitch Ratings has completed its peer review of the country’s major banks. It found they were delivering high profits by international standards and that was expected to continue over the next year or two, despite slowing growth. It also said it expected New Zealand’s ...

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Why Analysts See the Qualcomm/Apple News Even Better Than the Stock Pop Implies

Qualcomm Inc. (NASDAQ: QCOM) shares saw a sizable gain in Tuesday’s session after it was announced that it had settled its long-running multibillion-dollar litigation with Apple Inc. (NASDAQ: AAPL). Analysts also were quick to jump in and give their two cents on Qualcomm and what is to come. While the financial details about the litigation were not divulged, the settlement ...

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Wholesale inventories rise less than expected in February

U.S. wholesale inventories increased less than expected in February as sales rose for a second straight month. The Commerce Department said on Wednesday wholesale inventories climbed 0.2 percent to a record $ 668.9 billion. Data for January was revised down to show wholesale inventories advancing 1.2 percent instead of 1.4 percent as previously reported. Wholesale invent… Business News

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Next Avenue: The best places to retire abroad in 2019—on less than $1,800 a month

This article is reprinted by permission from It’s that time of year when magazines and TV news shows serve up their “New Year, New You!” reinvention advice. But how about New Year, New Country? If you’re contemplating retiring abroad, you’ll want to know the Top 10 places just recommended by International Living and Live and Invest Overseas, two experts on the subjec… ...

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