News

Bitcoin Scales USD 20,000 – Bulls on Charge or a Trap?

Bitcoin prices have smashed through the USD 20,000 mark to reach a new record high - the blistering rally in Bitcoin has delivered a one-year return o...

AUD rises as job data lifts FX traders

Australian Dollar is on an upside run against the US Dollar today. Currency traders are speculating relatively better economic conditions compared to...

NZ’s quick response to the Pandemic results in 14% GDP gain in Q3

Economic activity in NZ rebounded with GDP rising 14% in the September quarter, recuperating from lockdown in March/April that resulted in the closure...

Giving away billions of fortunes in charity: The McKenzie Scott way

McKenzie Scott on Wednesday shot into limelight again after she announced to donate A$5.5 billion (US$4.2 billion) in charity in four months. Ms Scott...

Historic! Bitcoin Surpasses $20,000-Mark Amid Cryptocurrency Bull Ra...

Bitcoins have never been more valuable! The virtual currency crossed the US$-20000 mark in it short two-decade life, supported by massive growth and m...

Technology giants to provide sensitive information to Federal Trade...

The Federal Trade Commission (FTC) said that the major technology companies would need to provide detailed information on how they collect consumer's...

Are America’s wealthiest 1% calling dibs on COVID-19 vaccine?

After Pfizer’s pioneer COVID-19 vaccine received emergency approval for distribution in the US, many Americans are keenly waiting for an opportu...

Australia drags China to the WTO over barley tariffs

The Australian government announced that it would take China to the World Trade Organisation over massive tariffs on Australian barley. The situation...

Wish to tap the US secondary market with US$1.1 billion IPO

After the successful launch of Airbnb and DoodDash’s billion-dollar IPOs, now its time for the Online retailer, Wish to hit the market. The comp...

New Zealand’s September current account deficit relative to GDP at a...

The current account deficit for NZ dwindled to the lowest level since 2001, in the year to September due to lower imports coming in New Zealand in 202...

Disney+ on cloud nine after engaging billion-plus subscribers

Since its launch in November 2019, Disney Plus has attracted a significant number of subscribers, becoming one of the most notable competitors to Netf...

Google services’ global outage: Here’s what exactly happened?

were forced to take a break or an entire day-off until the problem was rectified. Numerous Google and YouTube services, including Gmail and Googl...

Jacinda Ardern assures New Zealand-Australia travel bubble to come u...

the news, saying his country was ready to meet the required terms and conditions. In a welcome decision which can boost travel industry in New Ze...

China turns up the heat on trade war, bans Australian coal

e A$14 billion coal industry joins the show, raising anxiety in Australian miners. Chinese authorities are thought to have confirmed a formal ban...

Kordia Group Mourns after its Ex-CEO Scott Bartlett died following a...

Former CEO of Kordia Group, Scott Bartlett who was diagnosed with multiple brain tumour in August 2019 died at the age of 40, battling against cancer...

Biden Gets Green Signal from Electoral College to Become 46th US Pre...

On Monday, 14 December 2020, the US president-elect Biden got a substantial majority of votes in the Electoral College. This confirms his victory in t...

Global Economy to regain speed on a Bumpy Road to recovery

The global economy has shown its remarkable resilience as it gradually progressed through the COVID-19 pandemic. Though prospects for a way out of th...

What is Facebook’s Diem and will it ever see the light of day?

is still unknown, and some professionals think Diem may never become a real thing. What was once known as Libra has changed its name to Diem. It...

NZX regular trading on Monday morning postponed due to connectivity...

On 14 December, NZX postponed the opening of the share market until 11:30 am due to technical glitches and issues on the interface between its clearin...

Crude Surges on Vaccine Optimism and Sharp Build in U.S. Weekly Net...

  Crude oil prices are showing strong momentum with the price of Brent crude oil futures crossing the USD 50 per barrel mark. Brent crude oil fu...