News

Moderna seeks US, EU approval for COVID-19 vaccine after it demonstr...

Pharmaceutical giant Moderna Inc. (NYSE:MRNA) intends to ask vaccine regulators in the US, Europe, and the UK for urgent approval of its coronavirus v...

New Zealand Housing Prices continues to Soar

The latest survey conducted by ASB Bank Housing Confidence revealed that the market is currently on a new high in terms of housing prices. Mike Jones...

How has COVID-19 steered our mode of travel?

The Covid-19 pandemic that took the world in its grip, undoubtedly made people adapt to living which perhaps no one would have heard of or dreamed of....

Will RCEP bring a thaw in Australia-China trade relations?

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Kiwi Dollar Reclaims USD 0.7000 Mark, What’s Bolstering the Home Cur...

Kiwi dollar once again reclaimed the USD 0.7000 mark after the currency climbed the price ladder swiftly to trade at USD 0.7040 (intraday high on 27 N...

Bitcoin standing tall amid the gloomy Pandemic Period

The most popular cryptocurrency, bitcoin is now a days creating a lot of buzz in the investor community thanks to the recent rally. The pandemic year...

Trump comes closest to compromise; says will leave White House if Bi...

Current US President Donald Trump said in a recent interview that he would peacefully leave the White House if president-elect Joe Biden gets voted fo...

Earthquake forces Bunnings to close Mt Roskill warehouse 

November has seen full earthquakes in New Zealand as the country felt ten quakes over 5.0 magnitude and many small quakes of below 5.0 magnitude.&nbsp...

NZ trade surplus Highest in ~3 decades as Imports Plunge down

New Zealand’s trade surplus data for the year ended October 2020 has shown a surplus of NZD 2.2 billion, a figure not seen since 1992. This came...

NZ wine exports growth trajectory persists, touches NZD 2 billion ma...

Recently, for the first time, New Zealand wine exports value has touched NZD 2 billion mark. New Zealand Winegrowers, ten years back when the export v...

US online real estate player Compass plans to go public

Compass, a new age property broker, is believed to have hired investment bankers to take the company public, according to reports. It uses technology...

Bitcoin Bounces Back Sharply Towards All-Time Highs,  More Steam Lef...

Bitcoin prices have rebounded and how! Just in two months time span the crypto currency is up 93% to USD 19,348 on 24th November 2020 after making a l...

NZ posts record trade surplus as imports slump

NZ reported its biggest annual trade surplus in 28 years as coronavirus led to a severe drop in imports. The official numbers revealed that NZ recorde...

Penguin makes a splash in publishing industry with $2M Simon & Schus...

German media group Bertelsmann, through its company Penguin Random House (PRH), is set to buy publisher Simon & Schuster at USD 2.17 billion from...

Adrian Orr to discuss tax alterations with government in housing cla...

Adrian Orr Governor of RBNZ had welcomed the letter written by the Finance Minister Grant Robertson, which asked the central bank to consider house pr...

NZ government approaches RBNZ to deal with skyrocketing housing pric...

NZ’s housing market is booming when the economy has suffered the biggest recession since the Great Depression (1929-1933), coronavirus causing b...

Plexure (ASX:PX1) makes its debut on the ASX

The New Zealand instituted mobile engagement platform, Plexure Group Limited (NZX:PX1), has now marked its presence on the ASX as its shares started t...

RBNZ confirms to reintroduce LVRs next year to keep a check on risin...

Lately, house prices have been soaring in NZ. RBNZ is being held liable for it, as the central bank continues to print money to pull the economy out o...

JPMorgan red-flagged again, coughs up US$250 million as penalty

Multinational investment bank and financial services firm JPMorgan Chase & Co agreed on Tuesday to pay a US$250 million fine. One of the US regula...

Tesla hits an epic milestone; Elon Musk dethrones Bill Gates as the...

On 24 November, Tesla finished the trading day with a market capitalisation of more than USD 500 billion for the first time. As electric vehicle...