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My teenager has saved $20k – where should she invest it? – Mary Holm
A KiwiSaver fund could be a good option if she wants to buy a house. Source: NZ Herald Business News
NZ sharemarket resilient as overseas investors wary of global slowdown – market close
The New Zealand market closed down 0.28%. Source: NZ Herald Business News
Intel shares fall 20% on plans to cut 15,000 jobs
Financial Times: Chipmaker says it'll also reduce spending as strategy hits setback. Source: NZ Herald Business News
The Warehouse takeover bid falters at first hurdle
The deal failed to get shareholder support beyond Sir Stephen Tindall. Source: NZ Herald Business News
Du Val Group in receivership: What it did, why FMA and police swooped, and what next?
One increasingly worried subcontractor complained of being owed around $500,000. Source: NZ Herald Business News