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Can Dogecoin Hit $1 Before Elon Musk's SNL Debut?
May 05, 2021 07:19 PM AEST| By AnujDogecoin (Doge) set a fresh record high on Wednesday, May 5 (2AM EST), smashing over US$ 0.69 apiece. The meme-inspired cryptocurrency, which is also known for its Shiba Inu dog-mascot, currently has a market capitalization of over US$ 89 billion, ac...
Ethereum creator becomes a billionaire at just 27 as the crypto price surges
May 05, 2021 04:26 PM AEST| By Team Kalkine MediaSummary Ethereum has reached a unit value of AU$4,291 for the first time in its history. The sudden surge of the second largest cryptocurrency has made its creator, Vitalik Buterin, a billionaire. A massive upsurge in the trading of Non-Fungib.....
New Zealand Remains Upbeat As Unemployment Rate Decreases
May 05, 2021 06:49 AM CEST| By Team Kalkine MediaSummary New Zealand’s economy showed early signs of revival amid the coronavirus pandemic as compared to other countries. The country's unemployment rate declined from 4.9% (in December 2020 quarter) to 4.7% (in March 2021 quarter). More.....
New Zealand Sets Different Pay Parameters For public sector workers
May 05, 2021 06:08 AM CEST| By SonalThe New Zealand Government announced Wednesday that public sector workers earning over $100,000 would not get any pay increase while those earning more than $60,000 could expect a rise in pay in only exceptional circumstances. Public Service Co...
Hang Seng, ASX 200 top gainers in APAC; Taiwan indices tumble
May 05, 2021 05:28 AM CEST| By Furquan MoharkanSummary Hang Seng, ASX outperform APAC. Taiwan indices are the worst-hit. China, Japan markets remain closed on Wednesday. Australian benchmark index ASX200 and Hong Kong’s Hang Seng Index were the largest gainers in the Asia-Pacifi.....
High-decibel chorus for national lockdown fails to sway Modi
May 05, 2021 05:23 AM CEST| By Furquan MoharkanThe calls for nationwide lockdown in India have gained momentum as surging COVID-19 cases and deaths have shattered the country and crippled its health care system. However, Indian Prime Minister Narendra Modi seems to be looking the other way and .....
NZ Financial system in healthy state, but vulnerabilities persist: RBNZ
May 05, 2021 04:17 AM CEST| By SonalSummary RBNZ stated that financial vulnerabilities were still intact and more action was needed there. Border restrictions, supply-chain disturbances, and social distancing have decreased activity in affected sectors. New capital rules for ban.....
S&P Dow Jones Indices test the waters in digital assets
May 05, 2021 11:56 AM AEST| By Furquan MoharkanIn what seems to add deeper mainstream hue to cryptocurrencies, the world’s largest index provider – S&P Dow Jones Indices (S&P DJI) – has announced the launch of its digital asset benchmarks named S&P Digital Market I.....
BNPL Giant Klarna Enters New Zealand Market, Promises Smooth Customer Shopping Experience
May 05, 2021 01:41 AM CEST| By Team Kalkine MediaSummary Buy-Now-Pay-Later schemes are booming amid the coronavirus pandemic. With varied payment options, customers can now even make big purchases. Klarna, BNPL company has launched its services in the New Zealand market. Amid the corona.....
10 Things to Know About Digital Artwork and NFTs
May 04, 2021 07:00 PM CEST| By Team Kalkine MediaSummary NFTs are the latest craze in the investment sphere with many turning to the unconventional tool to keep as a collectible. Big brands have associated themselves with the investment tool, more so to use it as a marketing device. NFTs may.....
Doge To The Moon! Dogecoin Hits Record High Ahead Of Musk’s SNL Debut
May 05, 2021 01:56 AM AEST| By AnujCryptocurrency Dogecoin surpassed Stellar to take the fourth position in terms of market cap after it recorded an all-time high of US$ 0.495439 apiece on Tuesday, 4 May (4:15AM EST). The meme token climbed as much as 26 per cent and pushed its marke...
Why Commodities Index Hit at A Nine-Year High
May 04, 2021 09:07 AM CEST| By Team Kalkine MediaSummary The Bloomberg commodity spot index surged to nine-year high levels amid robust economic recovery. Almost all the commodities are rallying as the economic rebound bolstered their demand. The commodity prices recovered significantly from.....
Unemployment In Urban India Nearing Hit Double-Digit Mark As COVID-19 Crisis Deepens
May 04, 2021 08:16 AM CEST| By Furquan MoharkanThe chances of economic recovery in the world’s second-most populous country – India – look bleak as the unemployment rate in the urban centres in India has touched its highest level in almost eight months – nearing a double.....
XRP Makes Waves, Soars 40% in the Past Week
May 04, 2021 03:50 PM AEST| By Team Kalkine MediaSummary Cryptocurrency Ripple (XRP) has gained a 3% market share, having risen 40% in the past seven days. Ripple, first launched in 2012, was designed to improve upon the limitations of Bitcoin (BTC) by creating a more sustainable digital asse.....
In Pre-Budget Speech, NZ FM Calls For Reutilising Funds For Economy’s Recovery
May 04, 2021 06:18 AM CEST| By Team Kalkine MediaTuesday morning, New Zealand was greeted by Hon Grant Robertson, Minister of Finance, when he delivered his annual pre-budget speech to the audience at the Wellington Chamber of Commerce. Robertson stated that all the funds allocated for meeting C.....
New Zealand’s home transfers rose 34% in March 2021 quarter
May 04, 2021 06:00 AM CEST| By SonalSummary Home transfers in New Zealand rose by 34% on pcp in the March quarter of 2021. The high number of home transfers in March quarter comes after a strong December 2020 quarter. 192 home transfers were made to buyers who did not have New Z.....
New Zealand’s Sauvignon Blanc Wine Has Upped The Game A Few Notches
May 04, 2021 05:36 AM CEST| By RomaSummary Sauvignon Blanc has witnessed a global surge. Wine has performed well through a tumultuous last year. Have a look at what are the best blends this season. Amongst the many sectors that fared well in the past year, wine has done ex.....
It’s splitsville for the Gates: Bill, Melinda end 27-year marriage
May 04, 2021 05:30 AM CEST| By Team Kalkine MediaMicrosoft co-founder and the world's fourth wealthiest person, Bill Gates and his wife Melinda have mutually decided to end their 27-year-long marriage. On Monday, they announced their split on Twitter through identical tweets. A glimpse into what.....
Mixed opening for APAC markets; Japan, China and Thailand on holidays
May 04, 2021 05:06 AM CEST| By Furquan MoharkanThe Asia-Pacific markets were showing mixed trends on Tuesday, even as three major markets – China, Japan, and Thailand – are closed on account of respective national holidays. South Korea’s KOSPI was down 14 basis points despite.....
NZ Productivity Commission to probe immigration policy
May 04, 2021 03:43 AM CEST| By Team Kalkine MediaSummary The Productivity Commission has initiated an investigation into immigration policy settings. The system-wide review will focus on immigration policy as a means of improving productivity in a way that is targeted to aid the overall well-.....