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Ethereum Soars To Record High. Here’s What Caused Its Rise
April 28, 2021 11:42 PM AEST| By AnujSummary Ethereum, the world’s second biggest crypto asset, set a record peak of US$ 2,718.6 per token during Asian markets’ trading hours on Wednesday, April 28. The surge came in the wake of reports on European Investment Bank&rsqu.....
Deutsche Bank logs best quarterly show in 28 quarters
April 28, 2021 10:30 AM CEST| By Furquan MoharkanSummary Deutsche Bank reports net profit of EUR908 million – best in 7 years Investment banking propels 14% growth in the revenues Lesser expenses, provisions help the bank Following in the footsteps of its Wall Street peers, German.....
Mixed bag for APAC markets on Australia, Japan macros
April 28, 2021 07:06 AM CEST| By Furquan MoharkanSummary Asian markets witness mixed bag on Japan, Australia economic data Australian markets are the second-best performers in APAC today The MSCI APAC is down 33 bps The Asia Pacific (APAC) stocks were a mixed bag on Wednesday as investo.....
Bitcoin regains lost ground on reports of JPMorgan fund
April 28, 2021 05:15 AM CEST| By Team Kalkine MediaBitcoin (BTC), the most popular cryptocurrency, extended gain on Tuesday as investors took opportunity of the last week’s dip in prices to pile up their digital currency assets. The price of bitcoin climbed as high as US$55,514 in the past 2.....
RBNZ To Advise Government on Debt-to-Interest Ratios By May End
April 28, 2021 05:11 AM CEST| By RomaSummary The RBNZ is set to make announcements on DTI restrictions and interest-only loans in late May. The government was expected to make an announcement in this regard in its May 5 Report. The government urged the RBNZ to keep in mind housin.....
COVID-19 onslaught at its peak: India marks its deadliest day of pandemic
April 28, 2021 05:00 AM CEST| By Furquan MoharkanThe concerns over have increased manifolds, as the world’s second most populous country – India – marked its deadliest day since the onset of the pandemic. There seemed to be no let-up in the unrelenting onslaught of COVID-19 as .....
NZ Extends Helping Hand to India Amid COVID-19 crisis
April 28, 2021 04:34 AM CEST| By Team Kalkine MediaSummary India is experiencing a harrowing crisis due to COVID-19 with record infections and deaths. The NZ Government assures all possible help to its Indian counterpart. Kiwi players praise the tight bio-secure bubble of the IPL franchises, d.....
Google shares surge on buyback worth US$50 billion
April 28, 2021 03:46 AM CEST| By Furquan MoharkanSummary Google’s shares have surged by 450 bps in the afterhours of trade. The rally has been triggered by a massive buyback. Alphabet Inc has announced blockbuster quarterly results The shares of technology giant Alphabet Inc (NASD.....
What caused NZ to lose top COVID-Resilient Nation's Position to Singapore
April 28, 2021 02:45 AM CEST| By Team Kalkine MediaSummary Singapore is now the coronavirus pandemic's most resilient country, NZ slips down slightly by 0.1 points. Around one-fifth of the Singapore’s population has already been vaccinated. Singaporeans remained cautious with Societal Tr.....
A Glance at NZ’s GHG Emissions Profile
April 28, 2021 02:08 AM CEST| By SonalAbout 50% of the greenhouse gas emissions in NZ arise from agricultural sector. The main source of agriculture emissions is methane (75% of agricultural emissions) from livestock systems like cattle, sheep and deer. Nitrogen oxide is the next bigges...
Microsoft’s (NASDAQ:MSFT) Q3 Net Profit Up 44% On Cloud Growth
April 28, 2021 01:05 AM CEST| By Team Kalkine MediaSummary Microsoft’s total revenues rose 19% to US$41.7 billion, while its operating income jumped 31% to US$17 billion in the quarter ended March 31, 2021. Microsoft stocks (NASDAQ:MSFT) were trading flat at US$261.97 at 4:00 pm ET on Tue.....
Amazon Stocks (NASDAQ:AMZN) Shine On Stock Split Hopes
April 27, 2021 08:24 PM CEST| By Team Kalkine MediaSummary News of Amazon stock split draws fresh attention to the stocks, whose value jumped nearly 44% over the past year. Amazon is likely to announce its latest quarterly results later this week. Amazon’s net sales had risen by 38% in 2.....
Tesla’s (TSLA) Bet On Crypto & Carbon Credit: A Boon or Bane?
April 27, 2021 06:04 PM CEST| By AnujInvestment in sustainable and eco-friendly companies is at an all-time high on the back of North American governments’ pledge to meet their zero-emission targets by 2050. Although some analysts term this “over-investment” in renewab...
NZ Dollar Gains As Fed Is expected to Keep its Dovish Stance
April 27, 2021 09:47 AM CEST| By ManikaSummary Despite some economic recovery, Federal Reserve is set to keep its monetary policy stance unchanged Fed feels that although there is a good economic backdrop, the inflation and maximum employment targets are still way off. The NZ dolla.....
Bitcoin Roars Back Following Last Week’s Massive Sell-Off
April 27, 2021 05:39 PM AEST| By Team Kalkine MediaSummary Bitcoin rebounded significantly to AU$69,116 a coin on Monday morning after dropping to a low of AU$47,549 last week. Tesla is set to release its first set of results after adding US$1.5 billion worth of Bitcoin to its portfolio in Marc.....
Which countries are testing the most as COVID-19 explodes?
April 27, 2021 07:56 AM CEST| By Furquan MoharkanThe world is grappling with a deadly second wave of the COVID-19 pandemic. Many countries, like India, Turkey, and Brazil, as of date, are reporting infections and deaths at alarming rates. However, to report the cases accurately, the countries wi.....
Can The New Government Grant Solve New Zealand’s Housing Crisis?
April 27, 2021 06:19 AM CEST| By RomaSummary New grant announced by the NZ government to tackle housing woes. First-time homeowners reluctant to invest. Action required to help rehabilitate people better. It has been found out in a recent update that the government would put.....
NZ-WA flights put on hold after COVID-19 outbreak in Perth
April 27, 2021 04:48 AM CEST| By Team Kalkine MediaSource: Copyright © 2021 Kalkine Media Pty Ltd The opening of the trans-Tasman travel bubble since 19 April saw a surge among the travellers to cross the shores and to meet their loved ones after more than a year since the closure of the bord.....
APAC markets open flat; Bank of Japan, COVID-19 crisis in focus
April 27, 2021 03:56 AM CEST| By Furquan MoharkanThe shares in Asia Pacific (APAC) countries opened marginally lower on Tuesday morning as investors kept a close watch on Bank Of Japan’s (BoJ) interest rate decision. At the time of filing this copy, most of the Asian and Oceanian indices w.....
Cryptocurrency Surge Gives Way to an Increase in Number of Scams
April 27, 2021 10:30 AM AEST| By Team Kalkine MediaSummary ASIC has recorded a recent rise in crypto-related scams. Banks are not legally obligated to return customer’s money lost to crypto scams. Investors can take precautions to prevent falling victim to such fraudulent activities. .....