AUS
NZ
UK
CA
USA
FRA
GER
ESP
ITA
NLD
PRT
SWE
GRC
IND
POL
BRA
ZAF
RUS
CHN
UAE
News
Westpac cuts mortgage rate amid housing boom
January 11, 2021 02:35 PM AEDT| By Team Kalkine MediaWestpac Banking Corporation (NZX:WBC,ASX:WBC) has declared a mortgage rate of 2.29%, a steep 20 bps cut and the lowest rate offered by any of the 4 big banks in NZ. However, the special rate is only available on a 1-year fixed term for customers wi.....
A new Boeing crash. What’s ailing the Indonesian aviation industry?
January 11, 2021 01:05 PM AEDT| By Edita Ivancevicstories regarding poor weather conditions and maintenance at Indonesian airports. The Boeing 737-500 carrying 62 passengers and six flight crew disappeared from the radar four minutes after taking off from Jakarta, Indonesia, during the weekend....
Breach of data system raises alarm at RBNZ
January 11, 2021 12:14 PM AEDT| By Team Kalkine MediaOn 10 January, The Reserve Bank of New Zealand (RBNZ) stated in a statement that a third party file sharing facility that is used by the bank and consists of classified data has been hacked. Adrian Orr, Governor of RBNZ, stated that though the bre.....
Tesla Hits All-Time Highs; Should Crude Players Be Worried?
January 11, 2021 11:54 AM AEDT| By Kunal SawhneyDecember 2020 marked an important event in the history of the US stock market. Tesla, Inc.(NASDAQ: TSLA) was included in the list of S&P 500 with a market capitalisation of more than US$600 billion. It was historic because no company has ever m.....
US loses 140,000 jobs in December 2020
January 11, 2021 09:38 AM AEDT| By Team Kalkine MediaAccording to the latest employment data released by the US Bureau of Labor Statistics on 8 January 2021, the US's total nonfarm payroll employment has fallen by 140,000 in December 2020. The recent surge in the no. of coronavirus cases and the rela.....
12 Surprising facts about Elon Musk, the maverick billionaire
January 10, 2021 03:07 AM AEDT| By Team Kalkine MediaElon Reeve Musk is originally from Pretoria, South Africa. His mother Maye Musk is a renowned model and dietitian, and his father Errol Musk is an electromechanical engineer. Elon Musk moved to Canada and the United States for education; however, h.....
How will WhatsApp’s new privacy policy impact users?
January 10, 2021 02:40 AM AEDT| By Kunal SawhneyRecently, WhatsApp introduced its new privacy policy, whipping up a storm across the globe. The updated terms and conditions have revealed how the messaging platform will share the user’s private data with Facebook, Inc. from 8 February 2021......
NZ’s energy resources to be developed for contribution in energy security
January 10, 2021 12:50 AM AEDT| By Team Kalkine MediaWith several energy companies into play, and the natural resources depleting so quickly, there is no doubt that renewable energy is the only sustainable way of being in the future. The good news is that renewable energy is getting more and more aff.....
Elon Musk, World’s Richest Person, Once Lived On C$ 1 Food Budget
January 10, 2021 12:41 AM AEDT| By Kunal Sawhneyhim the richest human on the planet. After a year of Tesla stocks rallying off the charts, Elon Musk first beat Microsoft head Bill Gates to become the world’s second richest man in November. He then took over mantle of the world&....
Novel Gene technology to shoot up NZ cow production
January 10, 2021 12:30 AM AEDT| By Hina ChowdharyResearch into how to improve cow production has yielded results. With investment in research and development, a new and easy method has been developed, which will save millions for farmers. Depleting number of cows in New Zealand has been a cause .....
NZ agricultural commodities books in green, but uncertainty prevails
January 10, 2021 12:21 AM AEDT| By Kunal SawhneySummary &...
Twitter, Facebook banning US President Trump, is it because of a power shift?
January 09, 2021 03:25 PM AEDT| By Kunal SawhneySocial media platforms are taking the strictest action against incumbent US President Donald Trump by banning him from their respective platforms. The latest being Twitter, which permanently suspended his account on 8 January 2021. After banning th.....
Gold price loses sheen as US govt bond yields shoot up
January 09, 2021 02:56 PM AEDT| By Team Kalkine MediaThe yellow metal lost some of its shine on Friday as gold slumped on the bullion market by over 3.4%, as the US presidency risks faded away and the US government bond yield grew to its highest level since March 2020. The toll on the gold price soon.....
German carmaker Daimler voices dismay over Washington DC riots
January 09, 2021 02:19 PM AEDT| By Edita Ivancevicbility was good for economy and it hoped for a peaceful transition of power in US. German car manufacturer Daimler has expressed its disappointment over the riots in Washington DC. Wednesday saw a brutal assault on US democracy when a mob of Tru...
Will minimum wage hike lead to job losses in NZ?
January 09, 2021 12:55 PM AEDT| By Team Kalkine MediaThe NZ government has given a go-ahead to the plan of enforcing the hike in minimum wage, ignoring the suggestion of Ministry of Business Innovation and employment (MBIE) to delay the increase till October and scale down the minimum wage increase b.....
Could NZ river cleaning projects prove to be an economic equaliser?
January 09, 2021 12:47 PM AEDT| By Hina ChowdharyThe environment minister David Parker has recently announced 19 different river cleaning projects in the country. There will be about 400 jobs created due to the same, which may be beneficial to several people who have been facing employment issues.....
US Airlines ban alcohol on domestic flights after passengers created ruckus
January 09, 2021 12:10 AM AEDT| By Edita IvancevicRecent violent protests at the White House resulted in dangerous flying conditions for the passengers, as it was brought to the notice of the Association of Flight Attendants, an American union, which represents 17 airlines in the country. For tha.....
China hands death sentence to ex-banker over bribery charges
January 09, 2021 12:05 AM AEDT| By Edita IvancevicA former official of a state-owned bank in China was sentenced to death on bribery, bigamy, and corruption charges. Beijing’s drastic and rare move showed that China does not tolerate any serious corporate misconduct in the country. The sent.....
Bitcoin hits new all-time high of $41,100 within 12 hours after breaching $40k
January 08, 2021 11:16 PM AEDT| By Team Kalkine MediaBitcoin has been on a wild ride in the last four months in which the globally popular crypto asset has breached multiple record highs. In the last 12 months, bitcoin has leapfrogged various levels defying the coronavirus-led turbulence in the financi...
Cryptocurrency Market Cap Crosses $1 Trillion As Bitcoin Soars Above $40,000
January 08, 2021 09:31 PM AEDT| By Kunal SawhneyBlockchain-based cryptocurrencies are rallying on Wall Street as investors display confidence over Bitcoin as a sustainable asset. The world’s most prominent cryptocurrency soared over a record US$ 40,000 on Thursday, doubling in valu.....
