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Sharp rise in New Zealand’s house prices continues
January 15, 2021 05:27 AM CET| By Kunal SawhneyThe NZ property market is running red hot as the new data by REINZ in December showed the housing prices setting records for the fourth consecutive month. Swift rebound from COVID-19, record low interest rates, and tax system alterations, have led ho...
What’s Inside Joe Biden’s US$1.9 Trillion Coronavirus Rescue Package?
January 15, 2021 04:24 AM CET| By Kunal SawhneyA long-raging presidential battle packed with a series of overturning events appears to be finally over, and Joe Biden is expected to take oath as the US President in a public ceremony on 20 January 2021. However, before assuming his office, Joe Bi.....
The spotlight on Affirm and its bearing on the Market
January 15, 2021 03:36 AM CET| By Kunal SawhneyBNPL sector got a momentum ever since the beginning of the pandemic. The concept of 'Buy Now Pay Later' is clicked during a period when consumers were facing financial crunch and prefer to pay in instalments rather than making payment in one go. Th.....
Are increasing bond yields an indication of looming inflation?
January 14, 2021 02:10 PM CET| By Mark O'DonnellThe yield on the NZ 10Y Government Bond has jumped 21.1 basis points in the past month. The 10Y bonds stood at a yield of 1.068% reflecting an increase from 14 December 2020 noted at 0.939%. As bond yields are typically tied to inflation (bo.....
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Tesla (NASDAQ: TSLA) Asked to Recall 158,000 Vehicles Over Safety Issues
January 14, 2021 09:55 AM CET| By Team Kalkine MediaUS regulator National Highway Traffic Safety Administration has asked EV carmaker Tesla to recall 158,000 vehicles due to safety concerns in the display module that can cause critical failures. It is important to note that electric mobility is sti.....
Snapchat slaps permanent ban on Trump over Capitol Hill riots
January 14, 2021 09:50 AM CET| By Team Kalkine MediaThe recent incident in Capitol Hill has gone quite against the US President Donald Trump, with the outgoing president facing heaps of backlash from congress, judiciary as well as from many tech companies. The vandalism staged by Trump supports at .....
NZ all set to get its first ever plant-based Oat Milk Facility
January 14, 2021 08:27 AM CET| By Team Kalkine MediaThe first plant-based milk manufacturing factory is all set to be established in Southland, according to recent reports. Before this, oats from the country were sent to various parts of the world for being processed and then sent back to the client.....
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Westpac (NZX:WBC) says large urban centres to drive NZ economy in 2021
January 14, 2021 06:48 AM CET| By Team Kalkine MediaA report by Westpac Banking Corporation (NZX:WBC, ASX:WBC) has revealed that large urban centres would be major drivers of NZ economy in 2021 with house prices playing a huge part. However, rural regions would persist to perform well, with farmers .....
Can COVID-19 be completely eliminated after mass vaccination?
January 14, 2021 06:25 AM CET| By Edita Ivancevict all restrictions in place, as the younger generations are at a much lesser risk. Coronavirus vaccine rollout has started in several nations across the world. However, they are still limited to only a fraction of the population, which is consid...
Crude oil bulls stare at USD 60 a barrel, forecasts and estimates you should know
January 14, 2021 01:45 AM CET| By Team Kalkine MediaCrude oil prices are inching up smartly with prices of Brent crude oil futures nearing the 11-month high of USD 60.0 a barrel. Image Source: © kalkine Group 2020 Trend shifts as consumption picks steam The shift in the global demand and sup...
Trump becomes first US president to get impeached twice, Senate yet to vote
January 14, 2021 01:39 AM CET| By Edita IvancevicDonald J Trump became the first president in the history of the United States to get impeached twice during his mandate, after a majority of Senators from Democratic and Republican parties found him responsible for inciting riots at Capitol Hill in.....
What happens if one loses a Bitcoin key?
January 14, 2021 04:07 AM AEDT| By Edita Ivancevichis mass wealth. Recovering a password on most social media channels, streaming services, forums, emails, and so on, is relatively simple. Firstly, one needs to report a forgotten password, usually by clicking “Forgotten Password?”....
Fitch Ratings Declares NZ's Foreign Currency IDR at 'AA'
January 13, 2021 02:34 PM CET| By Mark O'DonnellFitch Ratings has recently confirmed New Zealand’s Foreign-Currency IDR as ‘AA’ while indicating a optimistic long-term outlook. AA indicates a very low default risk while the positive outlook indicates that the rating may be rais.....
Jack Ma-Xi Jinping Standoff: The Battle Between Chinese Govt vs Private Tech
January 13, 2021 10:49 AM CET| By Team Kalkine MediaAfter speculation of billionaire entrepreneur Jack Ma missing for two months, reports now claim that the Chinese government is seeking to nationalize his billion-dollar companies, Alibaba and the Ant Group. The rumors come in the backdrop of a Chines...
Is Twitter right in its attempt to censor Donald Trump?
January 13, 2021 08:40 AM CET| By Edita Ivancevicban Mr Trump from accessing the network has a legal ground in the First Amendment. Understanding freedom of speech and political correctness has been on high demand since social media platforms became an equivalent to ancient forums of speeches...
COVID-19 vaccines may not be an end all answer for the Aviation Sector
January 13, 2021 06:57 AM CET| By Kunal SawhneyIt was recently revealed by several airlines that despite the COVID-19 vaccines now in the process of being circulated across the world, the aviation industry’s troubles are far from over. Having witnessed one of the worst years ever in 2020.....
New Zealand-wide 4G Vodafone outage under probe
January 13, 2021 06:52 AM CET| By Team Kalkine MediaA countrywide outage was reported due to some issues with Vodafone’s 4G mobile data service operations on Tuesday evening. The Vodafone customers all over the country had trouble in accessing the Internet for hours. Vodafone is still investiga...
‘No political games’: Pence won’t invoke 25th amendment to oust Trump
January 13, 2021 06:27 AM CET| By Edita Ivancevicice. Ms Pelosi is expected to proceed with Mr Trump’s impeachment. Vice President Mike Pence has said that he will not use his right to invoke the 25th amendment and pronounce Donald Trump ‘unfit for office’. Mr Pence informe...
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Gold vs Bitcoin: Can Cryptocurrency be the next ‘Safe Haven’
January 13, 2021 04:33 AM CET| By Hina ChowdharyGold vs Bitcoin debate is in spotlight with Bitcoin leading the race, as more and more investors are flocking towards alternative means for return enhancement, in an environment of low interest rate and unpredictability. To Know More, Do Read: Bitco...
New Zealand Wines soon to reach overseas clients, online portal unveiled
January 13, 2021 04:33 AM CET| By Team Kalkine MediaIt has been recently reported that New Zealand would sell wines abroad though a new online portal. A major part of the wine experience in New Zealand is people from across the world visiting local cellar doors to understand the wine culture of the .....