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When will COVID-19 be over?
June 16, 2021 04:50 AM CEST| By Furquan MoharkanIn January 2020, I had a bout of cold. As a precautionary measure I wore a mask to the office. It was before COVID-19 became the monster it is known as now. One of my colleagues joked: “do you have Corona?”. That day, the number of globa...
New Zealand’s current account deficit in all-time poorest shape
June 16, 2021 04:32 AM CEST| By SonalSummary Current account deficit (CAD) reached $5 billion for New Zealand in the March quarter of 2021. Rise in imported goods and services deficit was the reason behind widening of the CAD. International investment position of the country narr.....
How are medical chatbots transforming patient care?
June 16, 2021 04:27 AM CEST| By Tripti JoshiChatbots are software developed with machine learning (ML) algorithms for stimulating and engaging in a conversation with a user to provide real-time assistance to patients. Chatbots have applications across multiple industries including retail, ba.....
How one gesture by Ronaldo cost Coca Cola US$4 billion
June 16, 2021 04:16 AM CEST| By Furquan MoharkanCristiano Ronaldo of Real Madrid celebrating a goal during a Spanish League match against RCD Espanyol at the Power8 stadium on Maig 17 2015 in Barcelona Spain. Football star Cristiano Ronaldo’s snub to carbonated drink Coca Cola has taken a t...
Reserve Bank of New Zealand adds a new tool to control house prices
June 16, 2021 04:13 AM CEST| By ManikaSummary The RBNZ initiates new tools to keep house prices in control. Government says these should not impact first-time home buyers. The RBNZ says these tools will only help in keeping the prices at sustainable levels. The Reserve Bank o.....
Is New Zealand transport’s transition to EVs a feasible option?
June 16, 2021 03:00 AM CEST| By Jasmine AnandSummary With an increase in carbon emissions across the globe, electric vehicles and hybrid cars are the future of the world. NZ’s Climate Commission outlines a carbon-cutting roadmap with more EV chargers and feebates for electric and hy.....
Can New Zealand make a complete switch to biofuels?
June 16, 2021 12:51 AM CEST| By Team Kalkine MediaSummary Biofuels discussion activated by the Climate Change Commission Is it time for New Zealand to make the leap? Is it feasible for Biofuels to replace Fossil fuels completely? Biofuels are the ones that are created using biomass and n.....
Wall Street stocks drift on weak retail-sales data
June 15, 2021 11:48 PM CEST| By Sanjeeb BaruahBenchmark US indices edged lower on Tuesday, June 15, in mixed trading after the latest government data showed retail sales fell by 1.3% in May compared to figures in the previous month. The S&P 500 shed 0.20% to 4,246.59. The Dow Jones declined...
APAC markets mixed; ASX 200 rallies to record high
June 15, 2021 07:54 AM CEST| By Furquan MoharkanThe equity markets across the Asia Pacific (APAC) region were a mixed bag on Tuesday, with Australian shares outperforming peers. The Australian benchmark ASX200 was up 1.06% in the day’s trade and trading at its record high levels, as it op.....
Annual food prices in New Zealand rise 1.8% in May
June 15, 2021 06:39 AM CEST| By SonalSummary Increased vegetable prices were the biggest contributor to the rise in food prices in May. Tomato and capsicum prices increased while kiwifruit prices fell in the month. Annual food prices in NZ rose 1.8% between May 2020 to May 2021. .....
Which countries comprise G7? What is its significance?
June 15, 2021 05:59 AM CEST| By Furquan MoharkanThe Group of Seven, popularly known as G7, is a group of seven countries – the US, the UK, Canada, France, Germany, Japan and Italy – the heads of which hold an annual summit to address the issues of mutual concern. As on date, there is a...
Will New Zealand’s Q1 GDP numbers have an impact on the monetary policy stance?
June 15, 2021 04:58 AM CEST| By ManikaSummary March quarter GDP numbers to be revealed on 17 June. Whether GDP numbers will increase or dip, is the question? Most say, GDP will show an increase in view of the latest updates on NZ’s economic recovery. The Q1 GDP numbers .....
Is inflation here to stay? Read what Jamie Dimon of JP Morgan says
June 15, 2021 04:21 AM CEST| By Furquan MoharkanAs nations continue to recover from the COVID-19-induced recession, the highest inflation levels seen across the economies in more than a decade are roiling the markets. In China, which happens to be the world’s second largest economy, factory...
Ransomware on the rise in NZ, Companies feel desperate and pay.
June 15, 2021 12:45 AM CEST| By RomaSummary Ransomware becoming a growing issue across the world. To pay or not to pay, that is the question! How can the number of attacks be brought down? Ransomware seems to be slowly becoming a huge problem in New Zealand with several Com.....
US markets close flat as technology, real estate stocks advance
June 14, 2021 11:52 PM CEST| By Team Kalkine MediaUS stocks closed flat on Monday, June 14, ahead of a crucial meeting of the Federal Reserve in which senior officials are expected to take stock of the current inflationary pressures. The S&P 500 was up 0.18% to 4,255.15. The Dow Jones declined...
Can Volcanos Be Bitcoin’s Green Savior?
June 14, 2021 06:08 PM AEST| By Ipsita SarkarPower-hungry cryptocurrencies’ growing energy problem has led to many ardent proponents backing out. Investors who had warmed up to Bitcoin, one of the most promising digital currencies rewriting investment or payment methods, are now waverin.....
Deep dive into New Zealand Property Market
June 14, 2021 08:59 AM CEST| By SonalGiven the country's tiny population and enormous geographic mass, real estate in New Zealand is relatively costly. This has been the case due to steady increases in property prices for many years, which have coincided with consistently excellent...
Trans-Tasman neighbours witnesses The Travel boom
June 14, 2021 08:40 AM CEST| By Jasmine AnandSummary The trans-Tasman cousins observe a rise in travellers; numbers reveal border crossings as high as 85,900 Travel between New Zealand and Cook Islands heightened during the first week of June 2021 However, with the eruption of COVID-19 c.....
Are meme stocks talk of the town?
June 14, 2021 05:17 AM CEST| By SonalMeme stocks are equities that have recently experienced a boom in viral activity, which is typically fueled by online social media sites like Reddit and Twitter. Retail investors in social media discussion groups have come together to look for equi.....
How does New Zealand Government Plan to Decrease emissions by 2050?
June 14, 2021 05:12 AM CEST| By Jasmine AnandSummary New Zealand’s Climate Change Commission has suggested a roadmap to achieve its emissions target by 2050 It has recommended to lower down the country’s biogenic methane emissions between 24-47% by 2050 Rebates for hybrid veh.....