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Are these 10 global technology companies poised to grow in FY21?
July 16, 2021 09:58 AM CEST| By ManikaSummary For technology companies, numbers don’t matter that much. The cutting-edge technology is what makes investors interested about them. There are many cloud-based companies poised to do well in FY21. For technology stocks.....
Fitness firm F45 starts trading on NYSE; raises US$325 million via IPO
July 16, 2021 08:52 AM CEST| By Team Kalkine MediaF45 Training Holdings Inc, a global fitness company, rolled out its initial public offering (IPO) yesterday on the New York Stock Exchange (NYSE) at a market value of US$1.6 billion. The company listed its shares for trading under the ticker symbol.....
Four sustainability trends as green transition heats up
July 16, 2021 07:55 AM CEST| By Anam SiddiquiSummary Sustainability trends are fuelled by all-around global commitments, with companies, consumers and investors becoming increasingly conscious of their actions’ environmental impacts. While the COVID-19 pandemic has surge.....
Inflation makes NZ consumers worried, new data shows price rise to 3.3%
July 16, 2021 04:58 AM CEST| By ManikaSummary Inflation more than forecast as announced in the latest numbers. Mainly driven by oil price hikes and new houses’ building costs. The demand for interest rate hike next month gets stronger. Inflation numbers released by Stat.....
Will RBNZ be the first central bank to raise interest rates?
July 16, 2021 03:12 AM CEST| By RomaSummary The RBNZ keeps OCR unchanged in its monetary Policy review. Hike in interest rates being expected as early as August. Consumer market index and labour market data to influence further developments. With the updates laid out by the.....
Will these 10 cryptocurrencies help in your retirement plan?
July 16, 2021 10:30 AM AEST| By SonalSummary Cryptocurrencies are inching closer to being part of the mainstream financial system, including retirement savings. Cryptocurrencies are risky but can be profitable investments if investors pursue some caution and market understanding. .....
S&P, NASDAQ retreat as growth stocks slip
July 15, 2021 02:54 PM PDT| By Sanjeeb BaruahThe blue-chip S&P 500 and tech-heavy NASDAQ Composite closed lower on Thursday, July 15, weighed down by technology, energy, and consumer discretionary stocks after positive labor data. The S&P 500 fell 0.33% to 4,360.03. The Dow Jones was u...
What are crypto cards and what are their benefits?
July 15, 2021 07:18 PM AEST| By Daniel Paul JohnsSummary Crypto credit and debit cards are physical cards that operate in much the same manner as a regular credit or debit card. The only difference being crypto cards use cryptocurrency to pay for goods and services. Later this year, Bitcoin w.....
How will NZ rebalance trans-Tasman travel amid COVID-19 surge in Australia?
July 15, 2021 10:18 AM CEST| By RomaSummary The rise in coronavirus cases in Australia has been posing hurdle for the travel bubble with New Zealand. The messages to the Kiwis stuck in Australia are being made public through press conferences and airlines notifications. New Zeal.....
APAC countries churn out a mixed bag of macro numbers
July 15, 2021 07:45 AM CEST| By Furquan MoharkanSummary China reports a massive dip in its GDP growth. Australia’s unemployment rate falls below 5%. It marks Eight consecutive month of job market improvement is Australia The countries in the Asia Pacific (APAC) region came up wit.....
Where do New Zealanders stand in completion of COVID-19 vaccination drive?
July 15, 2021 07:42 AM CEST| By RomaSummary Emergency APEC meeting to be held Friday to strengthen vaccine distribution. 81% Kiwis say they are willing to get vaccinated and are looking for more informative data. After Pfizer, Johnson and Johnson vaccine gets the green signal by.....
Do you know these five important things about Bitcoin ETFs?
July 15, 2021 03:22 PM AEST| By AayushSummary A Bitcoin ETF is an ETF that mimics the price movement of Bitcoin. Investing in a Bitcoin ETF provides leverage to the price of Bitcoin without having to learn about how a Bitcoin works. Through these ETFs, an investor is able to get e.....
APAC markets open mixed in wake of Powell’s dovish comments
July 15, 2021 06:10 AM CEST| By Furquan MoharkanWith macros in focus, the equity markets across the Asia Pacific (APAC) region were a mixed bag on Thursday morning. The APAC markets followed the trend set by Wall Street overnight. The S&P 500 advanced by 12 basis points to 4,374.30, while the...
US stocks edge higher on Powell's dovish testimony
July 14, 2021 02:43 PM PDT| By Sanjeeb BaruahBenchmark US indices closed higher on Wednesday, July 14, after Fed chief Jerome Powell reiterated at a Congressional hearing that inflation is transitory and the economic recovery is on the right path. The S&P 500 was up 0.12% to 4,374.30. The...
Which are the world’s top 10 stock exchanges based on market cap?
July 14, 2021 11:30 AM CEST| By Furquan MoharkanGlobal stock markets seem to have been on steroids since April 2020. After touching a multi-year low in March 2020, thanks to COVID-19 woes, equity markets across geographies bounced back – and in a very sharp manner. The surge in stocks has h...
Three reasons why Dogecoin can reach US$1
July 14, 2021 06:08 PM AEST| By Daniel Paul JohnsFate loves irony. This was a phrase uttered by Tesla Founder and billionaire Elon Musk earlier this year to claim he was manipulating the cryptocurrency market with particular respect to Dogecoin. Dogecoin – the memecoin – has been one .....
How does crypto mining work?
July 14, 2021 04:49 PM AEST| By Kamalika GhoshSummary Bitcoin mining is done by using advanced and hi-tech computers that can solve complex computational arithmetic problems. Several computers are a part of this distributed network, and the ledger is available and accessible to the p.....
Are these the 10 hottest electric vehicles of 2021?
July 14, 2021 08:49 AM CEST| By Jasmine AnandSummary Increased levels of greenhouse gas emissions are severely impacting the environment. With growing awareness, governments of many nations are urging people to move towards more climate-efficient and cost-effective electric vehicles. Peo.....
RBNZ keeps OCR unchanged but ends quantitative easing
July 14, 2021 06:50 AM CEST| By ManikaSummary RBNZ’s MPC agrees to put an end to stimulus As a first, halts its Large-Scale Asset Purchase (LSAP) programme Says, economy robust and its time to tighten the settings RBNZ’s Monetary Policy Committee (MPC) on Wednesda.....
APAC markets mixed as US inflation overshoots expectation
July 14, 2021 04:43 AM CEST| By Furquan MoharkanThe equity markets in the Asia Pacific (APAC) region were a mixed bag on Wednesday as a faster-than-expected rise in US retail inflation dampened investor sentiments. In far east Japan, the Nikkei 225 slipped 21 basis points while the Topix index .....