News

AU & US Earnings beat expectations but future still looks gloomy
November 04, 2020 11:00 AM PST | By Team Kalkine MediaThe 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...
November 04, 2020 12:01 AM PST | By Team Kalkine MediaWhat 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...
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Volatility In Gold And Crude Surges On The Heels Of US Presidential...
November 03, 2020 07:50 PM PST | By Team Kalkine MediaGold 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...
November 03, 2020 06:56 PM PST | By Team Kalkine MediaNew 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...
November 02, 2020 10:50 PM PST | By Team Kalkine MediaAustralia 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...
November 02, 2020 10:36 PM PST | By Team Kalkine MediaAstraZeneca 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?
November 02, 2020 09:00 PM PST | By Team Kalkine MediaWith 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...
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Google’s sister company X sheds light on its ambitious mental health...
November 02, 2020 08:55 PM PST | By Team Kalkine MediaAlphabet’s X, the Moonshot Factory, recently published a new blog post, detailing the findings of its mental health project called Project Amber...
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Aotearoa Circle's Sustainable Finance Forum Out; NZGIF under the Spo...
November 02, 2020 08:19 PM PST | By Team Kalkine MediaThe 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?
November 01, 2020 10:48 PM PST | By Team Kalkine MediaThe 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
November 01, 2020 09:09 PM PST | By Team Kalkine MediaInternational 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
November 01, 2020 05:46 PM PST | By Team Kalkine MediaApple 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...
October 31, 2020 07:20 AM PDT | By Kunal SawhneyCOVID-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?
October 31, 2020 06:11 AM PDT | By Edita IvancevicElectric 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
October 30, 2020 08:02 AM PDT | By Edita IvancevicWhile 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
October 30, 2020 01:24 AM PDT | By Team Kalkine MediaLast month, in September, RBNZ (Reserve Bank of New Zealand) announced that the term funding for the FLP (Funding for Lending Programme) would be read...

ANZ's new emissions policy welcomed by conservationists but irks sen...
October 29, 2020 10:00 PM PDT | By Team Kalkine MediaAustralia and New Zealand Banking Group (ASX:ANZ) and (NZX:ANZ) is a dual listed stock that unveiled its latest climate change policy, which will...
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New Zealand votes for Euthanasia, Cannabis legalisation gets a thumb...
October 29, 2020 09:41 PM PDT | By Team Kalkine MediaIn a significant development, majority of the New Zealanders have voted yes to legalise Euthanasia. Preliminary results are out after the New Zealande...
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Is Tesla (NASDAQ:TSLA) maintaining its lead in the Battery Electric...
October 29, 2020 08:55 PM PDT | By Team Kalkine MediaAutomotive industry giant Tesla Inc (NASDAQ:TSLA) grabbed world attention after it recently stated that it would export electric vehicles to Europe. L...

Six NZ banks to start trial of regional banking hub in November
October 29, 2020 01:29 AM PDT | By Team Kalkine MediaAs more and more customers shift to online banking, banks have been shutting their branches in small regional cities, adding to concerns that getting...