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What is the KiwiSaver scheme? How does it help you in saving for retirement?
June 28, 2021 03:42 AM CEST| By SonalKiwiSaver is a government-sponsored voluntary savings program, designed to assist Kiwis in saving for retirement. An individual has an option to give 3%, 4%, 6%, 8%, or 10% of their gross earnings or salary (before tax) to KiwiSaver a...
Is Paraguay ready to legalize Bitcoin as a legal tender? Don’t get your hopes up just yet!
June 27, 2021 03:59 PM AEST| By Mohammad ZaidSummary The buzz around cryptocurrencies seems to be unending, with events and rumours driving the crypto markets crazy. Rumours about Paraguay recognizing Bitcoin as a legal tender have been surfacing in the markets. Several major economies a.....
Pfizer, Moderna COVID-19 vaccines under the lens as FDA adds heart inflammation warning
June 27, 2021 06:29 AM CEST| By Mohammad ZaidSummary The US FDA has added a warning for Pfizer and Moderna COVID-19 vaccines to suggest an unusual risk of heart inflammation. Experts believe that the benefits of receiving vaccines outweigh the risks associated with them. WHO scientists h.....
Volkswagen shifts focus on EVs as it plans to move away from combustion engine sales
June 27, 2021 06:13 AM CEST| By Mohammad ZaidSummary Growing concerns around sustainable modes of transportation are compelling leading automakers to take initiatives that are boosting electric vehicles demand. German auto giant Volkswagen is planning to focus more on electric vehicles an.....
Carbon-tracking startups sprout as climate action takes centerstage
June 27, 2021 12:16 AM CEST| By Team Kalkine MediaAs climate change issues gain traction globally, many carbon-tracking startups are popping up across the world. And guess what? Their clients are ready to pay hefty amounts to get accurate forest data that can help determine carbon presence or seques...
How covid is changing our fitness habits
June 27, 2021 12:13 AM CEST| By Team Kalkine MediaCovid has been an eye-opener for most people. It showed how a virus can wreak havoc in society, destroy lives and economies, but most importantly, it underscored the importance of health in life. Shaken and heartbroken by the daily deluge of disturb...
Is euphoria around gold stocks short lived?
June 26, 2021 04:22 PM CEST| By Team Kalkine MediaInvestments in gold can be done by buying physical gold or exchange traded funds or stock in gold mining, refining, and production. Regardless of who the investor is, it is essential to diversify the portfolio. Especially in case of gold which is a h...
John McAfee found dead in jail: A peek into the software titan’s life
June 26, 2021 04:17 PM CEST| By Furquan MoharkanJohn McAfee, the security software pioneer who seemed to live his life on the edge while mired in a gamut of legal woes, was found dead in his jail cell near Barcelona on Wednesday. Mr. McAfee reportedly died by suicide hours after a Spanish court a...
Why are electric cars bad for the environment?
June 26, 2021 04:14 PM CEST| By Tripti JoshiSummary Electric cars are gaining attention as they are believed to be one of the most sustainable modes of transportation. While electric cars are better for the atmosphere than petrol or diesel cars, they have their fair share of problems. A.....
Why NATO sees climate change as a major threat?
June 26, 2021 12:08 PM CEST| By Team Kalkine MediaClimate change has wreaked havoc across the world with heatwaves, droughts, floods, and icy weather conditions, killing millions of lives in these catastrophic events. While the EU already has an overarching framework to address the issue, its milita...
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How does a cryptocurrency work?
June 26, 2021 12:06 PM AEST| By Team Kalkine MediaSummary There are nearly 10000 cryptocurrencies traded in the crypto stock exchanges. Crypto currencies are highly volatile and should be invested in carefully and wisely. The only intrinsic value is their cryptic codes. Cryptocurrency ha.....
US stocks close week on positive note as financials lead
June 25, 2021 02:23 PM PDT| By Sanjeeb BaruahBenchmark US indices closed the week on a positive note on Friday, June 25, as stocks saw broad gains led by financials despite some minor pushback from the tech segment. The S&P 500 was up 0.33% to 4,280.70. The Dow Jones gained 0.69% to 34,433...
Microsoft roped in as Principal Partner for COP26 Glasgow Summit
June 25, 2021 05:29 PM CEST| By AbhijeetSummary Microsoft has been roped in as a Principal Partner for the COP26 The summit has eight other domestic corporations and one Japanese MNC All these businesses are playing a vital role in climate change action Microsoft Corporation (N.....
Who should invest in cryptocurrencies?
June 26, 2021 01:11 AM AEST| By AbhijeetSummary Cryptocurrencies have remained volatile over the years On the other hand, the institutional participation have grown The wild swings in the indicated prices remain a common thin Cryptocurrencies have remained volatile over the yea.....
Kiwi & Aussie dollars recover lost ground, stand firm against USD
June 25, 2021 05:06 PM CEST| By ManikaSummary The Kiwi and Aussie dollars firm after solid gains on Thursday Commodities on firmer ground with demand for crude rising. Last week, the currencies were weak. Currency movements were modest on Friday as there was no reason for a m.....
Here’s why net zero emission is a pressing priority
June 25, 2021 05:01 PM CEST| By Team Kalkine MediaSummary Net-zero emission means removing all human-caused greenhouse gas (GHG) emissions from the atmosphere through the carbon removal process. The last decade (2010-2019) proved to be the warmest on record, with the GHG emissions continuing t.....
Do you know how long it takes to mine one Bitcoin?
June 25, 2021 04:57 PM CEST| By AkshaySummary Bitcoin, a decentralised digital currency, hit its all-time high of US$64,899 in April this year. In the past one year, Bitcoin has delivered an approximate return of 238%. The ideal time taken to mine a Bitcoin is only 10 minutes, but.....
Asia’s richest man moves to internationalise his company
June 25, 2021 08:23 AM CEST| By Furquan MoharkanAsia’s richest man – billionaire Mukesh Ambani – has announced the appointment of Yasir Al-Rumayyan, Chairman of Saudi Aramco and Governor of Public Investment Fund (PIF), to the board of Reliance Industries Limited (RIL). "His joi...
APAC markets, except NZ, bask in a sea of green on US cues
June 25, 2021 07:02 AM CEST| By Furquan MoharkanAll the equity markets in the Asia Pacific (APAC) region, save New Zealand, were trading in green on Friday, following in the footsteps of its peers in the US. In Japan, the benchmark Nikkei 225 was up 81 basis points at the time of filing this copy...
Why are policymakers averse to cryptocurrency?
June 25, 2021 06:59 AM CEST| By Furquan MoharkanRarely do we find a situation when policymakers are averse to allow any new asset class in their domain. Policymakers usually treat an asset class as a new investment option. However, when it comes to cryptocurrency, policymakers seem to be singing...