News

How does crypto mining work?

Summary  Bitcoin mining is done by using advanced and hi-tech computers that can solve complex computational arithmetic problems. Several com...

Are these the 10 hottest electric vehicles of 2021?

Summary Increased levels of greenhouse gas emissions are severely impacting the environment. With growing awareness, governments of many nations a...

RBNZ keeps OCR unchanged but ends quantitative easing

Summary RBNZ’s MPC agrees to put an end to stimulus As a first, halts its Large-Scale Asset Purchase (LSAP) programme Says, economy robust...

APAC markets mixed as US inflation overshoots expectation

The equity markets in the Asia Pacific (APAC) region were a mixed bag on Wednesday as a faster-than-expected rise in US retail inflation dampened inve...

Chinese firms in US in soup over alleged abuse of Uyghur Muslims

The businesses with supply chain and investment ties to China’s Xinjiang province face potential legal consequences in the US, owing to increasi...

Record rising median prices shatter New Zealanders’ dream of owning...

Summary Median home prices increasing alarmingly in the country. New Interest rate update could mean a difference in the current scenario. Waikat...

Which are top 10 cheapest cryptocurrencies to keep an eye on?

Summary Cryptocurrencies are becoming popular worldwide for they offer an array of unique features and faster transactional processes. Free from g...

Which cryptocurrency has highest trading volume?

When cryptocurrencies were at peak levels, many new and old investors pumped in funds into them. As a result, experiments like trading art pieces and...

US stocks close flat on inflation data

US stocks traded flat on Tuesday, July 13, after the latest government data showed that inflation surged at an annual rate of 5.4% in June, the highes...

Which are the most viewed cryptocurrencies?

Summary  Cryptocurrency is a decentralised digital asset that has gained immense popularity recently, with Bitcoin and Dogecoin being the most...

Walmart’s Indian arm raises US$3.6 billion in mega funding round

Summary Walmart’s India arm raises US$3.6 billion in fresh funding round. The funding pegs the valuation of e-tailer at US$37.6 billion. An...

COVID-19 is resurging: How effective can vaccines be?

Summary The COVID-19 virus is resurging through two new variants. In Australia, the weekly fresh infections have started showing a double-digit su...

Which sectors are more sensitive to ESG?

In the wake of growing ecological sensitivity, a large pool of investors has busied themselves in cherry-picking stocks that fall into line with their...

What is Lithium Triangle, and who is buying from there?

With the ever-increasing utilization of electric vehicles (EVs) and trucks, in addition to the large numbers of battery-powered portable electronic ga...

Who is BitBoy? The Rise of The Crypto YouTuber

Cryptocurrency is now a phenomenon that people from all over the world have heard of. However, understanding cryptocurrency is another thing entirely....

APAC markets open in green; China’s trade data in focus

The equity markets across the Asia Pacific region on Tuesday consolidated yesterday’s gains, as investors keenly watched out for China’s t...

Will RBNZ start tightening monetary policy from November this year?

Summary The data suggests overheating of the New Zealand economy. Top four banks call out for interest rate hikes from November this year. Would...

Risk of inflation hovers as Reserve Bank is set to unveil monetary p...

Summary Risk of inflation rises as predictions roll in for Wednesday’s RBNZ policy report. A rise in interest rates in November is being pre...

Branson steals the march on Bezos in billionaires’ space race

Summary Richard Branson has beaten Jeff Bezos to the punch in billionaires’ space tourism race. With a price tag between US$200,000 to US$25...

US stocks close higher as focus shifts to quarterly earnings

All major US stock markets closed higher on Monday, July 12, ahead of the quarterly earnings reports and new economic data due to be released this wee...