News

Bitcoin Again Making News, More Steam left in the recent rally?

Bitcoin :(BTC) Back in the News: Will it be able to sustain the recent rally? Chart Source: Thomson Reuters Refinitiv On technical charts, Bitcoin...

How is the US election result going to Impact New Zealand?

The destiny of the President of US hung in balance on 3 November as Democratic challenger Joe Biden and President Donald Trump continues to fight a cl...

ASX market rises, following Wall Street’s rally before the US electi...

Finally, the world is closer than ever to witness, probably the most important event for the world nowadays, i.e. outcome of the 59th quadrennial US p...

Crude Oil rallies over 4% in three days, what is keeping the bulls b...

The Crude oil prices jumped early on 03 November 2020, with Brent benchmark crude prices back above the $40 per barrel, fresh rally in the financial m...

AU & US Earnings beat expectations but future still looks gloomy

The coronavirus pandemic has put a dent in the earnings of various sectors and the sector leaders. However, against the initially forecasted drop in t...

Ant Group’s Race to world’s biggest IPO Abruptly Derailed, Regulator...

What was supposed to be the world’s biggest Initial Public Offering (IPO) by financial technology company Ant Group, came to an abrupt halt in S...

Volatility In Gold And Crude Surges On The Heels Of US Presidential...

Gold prices are back in focus as the U.S. 2020 presidential election reaches the crescendo. The gold spot market has demonstrated an upper bounce duri...

New Zealand witnesses the biggest quarterly rise in the unemployment...

New Zealand recorded the largest quarterly rise in the unemployment rate in 3 months ended September 2020, in line with economists' predictions, as fi...

Why is PM Scott Morrison’s decision on Christine Holgate dubbed “dou...

Australia Post CEO Christine Holgate has stepped down from her post after allegations of misuse of taxpayers’ money. Holgate’s decision co...

AstraZeneca (AZN) Sells the rights of Two drugs to Cheplapharm for U...

AstraZeneca Plc (LON:AZN) disclosed that it signed an agreement to sell the commercial rights of its hypertension medicines Atacand and Atac...

US Presidential election at the fag end, is the market nervous?

With the US Presidential election 2020 due today i.e. 3 November 2020, the stock market has already given a key signal of the winner. CFRA’s &ls...

Google’s sister company X sheds light on its ambitious mental health...

Alphabet’s X, the Moonshot Factory, recently published a new blog post, detailing the findings of its mental health project called Project Amber...

Aotearoa Circle's Sustainable Finance Forum Out; NZGIF under the Spo...

The latest report by Aotearoa New Zealand’s Sustainable Finance Forum (SFF), representing the collective initiatives of the SFF undertaken from...

Is the NZ housing market set to thrive?

The housing market of NZ has been surging substantially after the Alert level 4 lockdown ended, partly due to low interest rates, removal of loan to v...

Amex, Visa and Mastercard hit hard by subdued international travel

International travel continues to be one of the areas suppressed by pandemic implications. Although international travel has resumed in channels, the...

Weak iPhone sales dragged Apple stock price in after-hours trading

Apple Inc. shares declined by 5.2% in after-hours trading on 29 October as the Company once again failed to offer a financial outlook amid the ongoing...

Staycation and workation becoming the latest trends in the hospitali...

COVID-19 has pushed people to come out of their daily routine and adapt to living in the new normal.  The crisis has led the hospitality industr...

Why electric trucks are gaining more popularity?

Electric cars are likely to replace traditional vehicles in the upcoming years, as the demand for sustainable energy grows by the day. However, compan...

10 reasons why Bitcoin might not be the best investment

While traditional stock markets are prone to experiencing high volatility due to changing economic or political situations in the world, cryptocurrenc...

Negative official rates and FLP a downer for bank profits

Last month, in September, RBNZ (Reserve Bank of New Zealand) announced that the term funding for the FLP (Funding for Lending Programme) would be read...