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Has NZ housing market reached new heights?
November 16, 2020 09:20 PM PST| By Team Kalkine MediaLockdown is giving New Zealanders more time to think about their living situation and look for a potential property. As per the latest Trade Me Property data, Kiwis are climbing up the property ladder and are achieving new peaks. Property prices h.....
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RBNZ plans to increase stimulus, but questions develop around negative rates
November 16, 2020 07:14 PM PST| By Team Kalkine MediaRBNZ retained the OCR at 0.25% and quantitative easing program unchanged, in the latest monetary policy meeting. The Monetary Policy Committee (MPC) agreed on offering additional monetary stimulus to the economy to meet its CPI and employment remit.....
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$25 per seat; Jetstar New Zealand offering a mega sale on select flights
November 16, 2020 07:07 PM PST| By Team Kalkine MediaAustralian low-cost airline Jetstar announced bumper sales on thousands of seats on its main domestic routes in New Zealand. The seats are priced as low as NZ$25 for one-way airfares on routes including Auckland to Christchurch. The carrier said th.....
Moderna’s COVID-19 vaccine impresses, demonstrates 94.5% efficacy
November 16, 2020 06:41 PM PST| By Team Kalkine MediaUS biotech firm Moderna Inc (NASDAQ:MRNA) on 16 November 2020 announced that its experimental vaccine against COVID-19, mRNA-1273 was 94.5% effective, marking a significant breakthrough in the quest to end the ongoing pandemic. The interim data fro.....
What is the Regional Comprehensive Economic Partnership?
November 15, 2020 11:15 PM PST| By Edita IvancevicAfter eight years of meetings, negotiations and discussions, Australia finally signed the Regional Comprehensive Economic Partnership (RCEP) deal on Sunday, 15 November. RCEP is a big pact for Australia, as most of its imports and exports are conn.....
SpaceX, NASA Make History with First Crew Dragon Launch to Space
November 15, 2020 09:18 PM PST| By Hina ChowdharyAt EST 7:27 PM (Sunday 15 November 2020) the SpaceX Falcon 9 rocket and Crew Dragon spacecraft "Resilience" lifted off four astronauts to the International Space Station, making a historic launch from the Kennedy Space Centre of NASA in Florida. T.....
Everything you need to know about cryptocurrency and related tax regulations
November 16, 2020 03:34 PM AEDT| By Edita IvancevicThe hectic world of cryptocurrency never stops twisting and turning. Cryptocurrencies, primarily bitcoin, have evolved since they appeared for the first time over a decade ago. With significant technological developments and younger generations be.....
Jacinda Ardern rejects China’s allegation of coronavirus on NZ frozen meat
November 15, 2020 06:41 PM PST| By Kunal SawhneyLatest market reports have stated that eastern Chinese city of Jinan has found coronavirus in beef and tripe products. Also, their packaging from New Zealand, Bolivia, and Brazil, while 2 other provincial capitals have discovered the virus on packa.....
Biden Gets Ready for White House Despite Trump’s Refusal to Concede
November 14, 2020 05:52 AM PST| By Team Kalkine MediaThe presidential race to the White House has finally come to an end with Joe Biden elected as the 46th President of the US on Saturday, 7 November 2020. The Democratic presidential candidate won after giving a tough fight to outgoing US President D.....
What does Biden taking the throne mean for US-EU trade relations?
November 13, 2020 09:22 AM PST| By Hina ChowdharyWith Joe Biden elected as president of the United States, a lot is set to change, particularly in the trade sector. The harsh views maintained by the previous president Donald Trump with regards to international trade damaged the trade channels sev.....
E-commerce boom: Brazil the next major country to reap the benefits
November 13, 2020 09:17 AM PST| By Kunal SawhneyE-commerce activity has soared to record heights throughout the current coronavirus pandemic due to rise in demand levels. The widespread use of e-payments from ordering food to shopping online has given a boost to some companies amid the digital p.....
Ford Unveils New All-Electric Commercial Transit Van
November 12, 2020 09:33 PM PST| By Kunal SawhneyAs part of Ford's plan to invest USD 11.5 billion in electric vehicles through 2022, the American automaker company has unveiled its new all-electric Transit van. Ford is expecting to give rivals a good run for their money with E-Transit in the com.....
Sony launches PlayStation 5 amid COVID-19 gaming boom
November 12, 2020 12:58 AM PST| By Kunal SawhneyOn 12 November, Sony Corp (TYP:6758) PlayStation 5 console went on sale following the launch of newest Xbox by the rival Microsoft competing for the holiday season ahead. Market leader Sony depends on big-ticket exclusive games such as Spider-Man: .....
COVID-19 vaccine breakthrough fuels US tech stocks’ sell-off
November 11, 2020 11:13 PM PST| By Kunal SawhneyThe US achieved a significant milestone in the direction of COVID-19 vaccine when on 09 November 2020, Pfizer Inc. (NYSE: PFE) and BioNTech SE (Nasdaq: BNTX) announced that their mRNA-based vaccine candidate, BNT162b2 is 90% effective in preventing.....
How will Biden victory affect health insurance in the US?
November 11, 2020 10:06 PM PST| By Edita IvancevicAfter the US welcomed their new Democrat president Joe Biden in the most intense presidential elections ever, many Americans greeted the decision with a smile on their face. Fireworks, beeping cards, and singing pop classics could be both seen and .....
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Reserve Bank tools to impact the NZ housing market
November 11, 2020 09:33 PM PST| By Team Kalkine MediaMedian house prices across New Zealand have surged 19.8% YoY, with the median now at $725,000 in October 2020 compared to $605,000 in the same month last year, as per Real Estate Institute of New Zealand (REINZ). The median house price in Auckland.....
Medicinal cannabis firms’ varied views on the referendum result
November 10, 2020 09:49 PM PST| By Team Kalkine MediaNew Zealand has voted no to legalising cannabis in a close race, where 50.7% voted against the Cannabis Legalisation and Control bill, while 48.4% voted in support of it. A referendum on Cannabis Legalisation and Control Bill that lays out a path .....
Is Hydrogen the fuel of the future?
November 10, 2020 08:59 PM PST| By Edita IvancevicIn a world where the need for sustainable energy is growing by the day, engineers are facing a crucial task of finding new resources. After NASA started using hydrogen fuel for their spaceships, hydrogen as an element leapt to the limelight. It is.....
Petco plans to go public, files IPO with the US Securities and Exchange Commission
November 10, 2020 07:19 PM PST| By Hina ChowdharyPetco Animal Supplies Inc has announced its intentions to go public in the US after having submitted a registration form S-1 to the US Securities and Exchange Commission (SEC) for the review. However, the IPO is still in its initial stages, and the.....
RBNZ aiming towards reintroduction of LVR mortgage restrictions
November 10, 2020 07:06 PM PST| By Team Kalkine MediaRBNZ made a surprising declaration today (i.e. 11 November) that by next month it would discuss on a probable reintroduction of loan to value ratio (LVR) lending restrictions on banks in March 2021 amid increasing worries of a housing bubble in NZ......
