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What Are The Non-Budgetary Parts Of Kiwi Budget 2021?
May 20, 2021 10:00 PM CEST| By Team Kalkine MediaSummary A balanced budget includes a mix of budgetary allocations as well as the consideration of the well-being of citizens. New Zealand’s Federal Budget 2021 aims to uplift its citizens’ living conditions by introducing a series o.....
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Crypto Market Rollercoaster: Musk's ‘Manipulation’ Or Frenzied Buying?
May 20, 2021 10:40 PM AEST| By AnujThe cryptocurrency market saw an unusual convergence of bearish fundamentals on Wednesday, May 19, triggering a massive plunge across all digital coins. Later in the day, however, crypto analysts were left scratching their heads as Bitcoin prices ma...
How did the Latest Crash affect Cryptocurrencies’ YTD Returns?
May 20, 2021 07:18 PM AEST| By Team Kalkine MediaSummary Several major cryptocurrencies experienced devastating dives yesterday, including Bitcoin and Ethereum. Although many cryptocurrencies lost big, they still mainly offer a positive year-to-date (YTD) return. Several cryptocurrencies.....
Why Is The Budget 2021 A Crucial One?
May 20, 2021 11:15 AM CEST| By ManikaSummary Budget 2021 was crucial for NZ It had to strike a fine balance between the country’s recovery from COVID-19’s ill effects and development. Focus on social investments will help in removing inequities. Federal Budget 20.....
Budget 2021: What Is In There For Pandemic Hit Sectors?
May 20, 2021 11:05 AM CEST| By RomaSummary Budget 2021 has been termed as a COVID-19 recovery budget keeping country safe and health the main plans of Budget Have a look at the various provisions made by the government to achieve the same. The much-anticipated Budget for 2.....
Budget 2021: Is A Stronger-Than-Expected Economic Recovery Ahead for New Zealand?
May 20, 2021 09:32 AM CEST| By SonalNew Zealand has just delivered a well-being Budget for 2021. The budget represented the government’s plans on economic recovery of the country and a strategic approach for the future. This involved solving challenges arising from COVID-19, rebu...
Budget 2021: Women & children: What’s In Store For Them?
May 20, 2021 08:44 AM CEST| By RomaSummary How has the 2021 budget treated women and children? What kind of welfare programs have been announced to help them? Are these plans actually feasible and provide actual benefit to women and children? The much-awaited 2021 New Zeal.....
Which New Zealand Sectors Are The Biggest Winners in Federal Budget 2021?
May 20, 2021 08:34 AM CEST| By Team Kalkine MediaSummary New Zealand’s Welfare Budget 2021 unveiled by the Finance Minister. Māori housing and child welfare appear to have benefitted majorly from the new Budget. Health and education also noted major funding in Budget 2021. New Ze...
NZ’s Economic Recovery On Track, Budget To Give it a Booster Dose
May 20, 2021 08:22 AM CEST| By ManikaSummary New Zealand’s economic growth expected to peak at 4.4% in 2023. Unemployment to decrease to 4.2% from the current levels with 221,000 more jobs on the cards by 2023. Deficit to fall from 5.3% of GDP in 2022 to 0.6% by the end of .....
Just How Tethered is Tether?
May 20, 2021 04:01 PM AEST| By Team Kalkine MediaSummary Tether is what’s known as a ‘stablecoin’ which is a crypto somehow tied to an external source like currency or precious resources. Tether released a “breakdown” of its capital reserves to assure the public .....
10 Takeaways From The New Zealand Budget 2021
May 20, 2021 07:16 AM CEST| By SonalThe New Zealand government has released its budget for 2021, which it has dubbed as "Wellbeing Budget" because it was established in response to the economic challenges posed by COVID-19. The budget has focussed on benefits and health being the...
Is the wild ride still on for these five cryptocurrencies?
May 20, 2021 03:02 PM AEST| By AayushSummary The crypto space seems to have taken a tumultuous U-turn, having enjoyed a one-sided rally since October last year. China has knocked out the crypto bulls off the ring by banning cryptos completely. On the charts, Bitcoin is being seen.....
Is US getting ready to tighten monetary policy? Fed drops hawkish hints
May 20, 2021 04:28 AM CEST| By Furquan MoharkanSummary The Fed has said that it would tighten the monetary policy, if the economy improves. The Fed hints at truncating its bond purchases programme. The balance sheet of Fed has doubled during the pandemic. The US Federal Reserve is mul.....
Five cryptocurrencies that lost more than 50% in 24 hours
May 20, 2021 12:18 PM AEST| By Furquan MoharkanThe cryptocurrency market has collapsed – marking its biggest single day loss in history. Bitcoin crumbled by 30% while Ethereum plummeted 44% -- all within 24 hours. But they aren’t the biggest losers still. The seven biggest losers in.....
What Could Be Focus Areas As Robertson Delivers New Zealand’s Budget Today
May 20, 2021 03:53 AM CEST| By SonalSummary Grant Robertson will unveil NZ’s budget at 2pm on Thursday. Robertson had indicated that this year budget would be a recovery and well-being budget. An increase in benefits including funding for child poverty prevention scheme an.....
What To Expect From New Zealand’s Budget 2021?
May 20, 2021 03:32 AM CEST| By RomaSummary What can be expected from Budget 2021? What provisions for healthcare, vaccine, and education is it going to provide? How will Budget 2021 deal with the NZ housing crisis All eyes are fixed on the upcoming Budget announcement toda.....
Six Major Gold Miners with Massive Reserves
May 20, 2021 02:25 AM CEST| By Team Kalkine MediaSummary Gold prices have been edging higher over the weaker US dollar and growing inflationary pressure. China, Russia, Australia, Canada, and the US are the major gold suppliers, accounting for a significant portion of the global gold deposits.....
Coinbase Stock Hits Record Low As Bitcoin Nosedives
May 20, 2021 08:50 AM AEST| By Kiran MuraliSummary Coinbase stock marked its record low of US$208 in Wednesday’s trading. Bitcoin plunged as much as 29 percent before regaining some of the losses. Coinbase users experienced an outage while logging in for trading and balance check.....
US Stocks Plunge In Broad Rout, Bitcoin Sees Record One-Day Fall
May 20, 2021 12:32 AM CEST| By Team Kalkine MediaUS stock markets continued a losing streak on Wednesday, May 19, as losses across all sectors deepened amid a dwindling risk appetite among investors and a sharp decline of cryptocurrencies. The S&P 500 was down 0.29% to 4,115.68. The Dow Jones...
Canada’s OSF Digital Acquires NZ’s Adept Group To Enhance Its Presence Across Australasia
May 19, 2021 10:00 PM CEST| By Team Kalkine MediaSummary Canadian OSF Digital has acquired Adept Group, which has offices located in Auckland and Wellington. Both the companies will draw mutual benefits from the acquisition, with an increased global presence in B2B and B2C commerce services. .....