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Fishing in troubled waters: Illegal fishing in NZ thrives amid pandemic
February 20, 2021 02:49 PM CET| By ManikaFishing is an important primary industry and is an important source of food for most Kiwis. In fact, for the early settlers, it was the main source of food. New Zealand is also blessed with the largest area and seabed in the world and it’s better...
What’s all the buzz about Cryptocurrency? Is it boosting economy?
February 21, 2021 12:32 AM AEDT| By Kunal SawhneyThe journey of cryptocurrencies has progressed from being an obscure trend to becoming an extraordinary means of investment. The initial doubts surrounding cryptocurrencies have long been snuffed out with the arrival of new entrants like Litecoin, .....
Bitcoin Hits $1 Trillion Market Value As Crypto Rally Continues
February 20, 2021 01:05 PM AEDT| By Ipsita SarkarWorld’s largest and most popular cryptocurrency, Bitcoin, saw yet another record high on Friday, raising its market cap to $1 trillion, even as the crypto rally continues. Bitcoin’s spectacular rise, gaining some 350 per cent over the .....
US Stock Indexes End Week On Positive Note; Energy, Real Estate Gain
February 20, 2021 02:55 AM CET| By Team Kalkine MediaUS stock markets ended Friday’s session on a positive note, buoyed by encouraging manufacturing data and brightening prospects of economic recovery as investors bet big on energy, and real estate. The S&P 500 shed 0.19% to 3906.71. The D.....
Evolve Bitcoin ETF (TSX:EBIT) Debuts On TSX
February 20, 2021 02:03 AM AEDT| By AnujSource: Pixabay Evolve Funds Groups’ Bitcoin ETF (TSX: EBIT) is all set to debut on the Toronto Stock Exchange (TSX) on Friday, February 19. The launch comes a day after the world’s first Bitcoin ETF, Purpose Bitcoin ETF (TSX: BTCC.B), s...
Will Volkswagen’s Decision of Separately Listing Porsche Help It?
February 19, 2021 04:00 PM CET| By Team Kalkine MediaGermany-based automobile giant Volkswagen AG (DE: VOW) is reportedly considering listing its luxury sports car brand Porsche separately in a bid to raise capital for its electric car business and make technological investments. According t.....
IMO 2020 Marpol Convention Unfolds, Maersk to Introduce Carbon Neutral Liner by 2023
February 19, 2021 02:18 PM CET| By Kunal SawhneyThe maritime shipping industry is all set to mark an unprecedented shift towards cleaner fuels to reduce their carbon footprint, thanks to the implementation of the International Maritime Organisation (IMO) Annex VI of the MARPOL Convention or the .....
Is technology giant IBM pondering to sell its Watson Health business?
February 19, 2021 08:02 AM CET| By Team Kalkine MediaAccording to some media sources, New York-headquartered International Business Machines Corporation (NYSE:IBM) is searching for a potential buyer to sell its IBM Watson Health unit. The move could potentially help IBM’s newly appointed CEO, A.....
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Cryptocurrency: What Has It In Store For New Zealand’s Investors?
February 19, 2021 12:40 PM AEDT| By Mark O'DonnellThe adoption of Cryptocurrencies and other digital assets by investors in New Zealand has accelerated in the past year as acceptance for digital assets as a legitimate investment vehicle has risen. Bitcoin is of course the most well-known and wide.....
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US Stocks Fall, Dragged Down by Tech, Industrials; Is A Rebound On Horizon?
February 18, 2021 10:30 PM CET| By Team Kalkine MediaAll major US stock indexes ended lower on Thursday as the latest data showed jobless claims rose again last week and concerns of a broader economic recovery weighed on the investors’ minds. The S&P 500 plunged 0.44% to 3913.97. The Dow J.....
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First Bitcoin ETF (BTCC) Zooms In TSX Debut
February 19, 2021 07:44 AM AEDT| By Ipsita SarkarWorld’s first Bitcoin ETF was on a roll in the Toronto Stock Exchange (TSX) debut on Thursday, trading some C$80 million worth of shares in first hour alone. The coin is traded with the symbol BTCC.B (for Canadian dollar) and BTCC.U (for US d.....
CryptoStar Corp (TSX:CSTR) & Riot Blockchain Stocks Trend On Bitcoin High
February 19, 2021 02:14 AM AEDT| By Kunal SawhneyCryptocurrency companies CryptoStar Corp (TSX:CSTR) and Riot Blockchain Inc (NASDAQ:RIOT, RIOT:US) seem to have hitched themselves to the surging Bitcoin price, which continues to skyrocket to new record highs. The trending stocks of CryptoStar recor...
Facebook's Australia news ban move falsely blocks other pages, including its own
February 18, 2021 12:51 PM CET| By Hina ChowdharyEver since the proposed media law is being debated in the Australian parliament, the tech giants Google and Facebook expressed their non-support. They even labelled it as unworkable. The US didn’t miss the moment of warning Australia .....
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NZDF Personnel To Bid Adieu To Afghanistan After Serving 2 Decades
February 18, 2021 03:13 AM CET| By Team Kalkine MediaRecently, New Zealand announced that it will retreat its defense troops, thus, culminating their 2 decades deployment in the Islamic Republic of Afghanistan. NZ Military Personnel’s Journey in Afghanistan As per the latest reports, New Zeal.....
US Markets End Lower; What's Weighing On Stocks?
February 17, 2021 11:04 PM CET| By Team Kalkine MediaUS stock markets ended the session lower on Wednesday after positive retail sales data failed to ignite enthusiasm among investors and uncertainties over the economic recovery remained. The S&P 500 was down 0.03% to 3931.33. The Dow Jones Indu.....
Why Morningstar Credit Ratings Is Under the SEC’s Scanner
February 17, 2021 03:45 PM CET| By Kunal SawhneyThe Securities Exchange Commission (SEC) has filed a lawsuit against Morningstar Credit Ratings LLC for allegedly violating provisions of laws for rating commercial mortgage-backed securities. The Morningstar has been accused of allowing it.....
Vaccines to inject optimism in world economy, IMF pegs US growth at 5.1%
February 17, 2021 12:20 PM CET| By Team Kalkine Mediaed to show staggering improvement due to potential structural changes in the economy. Nations across the globe are on the mend as they have begun neutralizing the devastating effects of the pandemic left behind on the economy as well as on finan...
US Markets End Mixed On Recovery, Earnings Forecast
February 16, 2021 10:46 PM CET| By Team Kalkine MediaUS stock markets ended mixed on Tuesday in anticipation of positive retail earnings and steps by House Democrats to expedite a legislative version of President Joe Biden’s $1.9 trillion stimulus. The S&P 500 was down 0.06% to 3932.59. Th.....
Bitcoin Rockets Past $50000-Mark, Sets Course For US$1-Trillion MCap
February 16, 2021 03:22 PM CET| By Ipsita SarkarBitcoin’s blazing rally continued as the cryptocurrency breached the US$50,000-mark for the first time since its inception over 12 years ago. The crypto giant hit its all-time high price of US$ 50,584.85 on Tuesday morning (February 16) after...
Will Plan to Spin Off Universal Music Keep the Momentum High for Vivendi?
February 16, 2021 03:04 PM CET| By Kunal SawhneyShares of French media conglomerate Vivendi SA (PAR: VIV) rallied nearly 20 per cent on Monday to EUR 31.22 as the company announced its plans to list its profitable division Universal Music Group (UMG) by the end of this year. Last week, the Pari.....