News

Crude oil rises 44% YTD, stoking up inflationary pressure

The prices of brent crude have surged by 44% in the calendar year 2021, which has been adding to the inflationary pressure across the economy. Brent...

Rocket Lab gains NASA contract for the Martian mission 2024

Summary Rocket Lab wins NASA contract to build two small Photon spacecraft for the Mars mission, set to be launched in 2024. The low-cost inter-pl...

Have these 5 stocks been most active on NZX today?

Summary Canterbury floods to have caused multitude of claims from Tower Limited. Investor day to be held virtually by Sky Network Television limit...

Is virtual reality the future of eSports?

Summary The eSports industry grew massively in 2020 as gaming became the main source of entertainment for people restricted to their homes during t...

APAC markets mixed as Japan export data misses estimates

Summary APAC markets mixed ahead of the US Fed’s policy decision announcement. Japan’s export data for May has missed estimates. Chin...

When will COVID-19 be over?

In January 2020, I had a bout of cold. As a precautionary measure I wore a mask to the office. It was before COVID-19 became the monster it is known a...

New Zealand’s current account deficit in all-time poorest shape

Summary Current account deficit (CAD) reached $5 billion for New Zealand in the March quarter of 2021. Rise in imported goods and services deficit...

How are medical chatbots transforming patient care?

Chatbots are software developed with machine learning (ML) algorithms for stimulating and engaging in a conversation with a user to provide real-time...

How one gesture by Ronaldo cost Coca Cola US$4 billion

Cristiano Ronaldo of Real Madrid celebrating a goal during a Spanish League match against RCD Espanyol at the Power8 stadium on Maig 17 2015 in Barcel...

Reserve Bank of New Zealand adds a new tool to control house prices

Summary The RBNZ initiates new tools to keep house prices in control. Government says these should not impact first-time home buyers. The RBNZ sa...

Is New Zealand transport’s transition to EVs a feasible option?

Summary With an increase in carbon emissions across the globe, electric vehicles and hybrid cars are the future of the world. NZ’s Climate C...

Can New Zealand make a complete switch to biofuels?

Summary Biofuels discussion activated by the Climate Change Commission Is it time for New Zealand to make the leap? Is it feasible for Biofuels t...

Wall Street stocks drift on weak retail-sales data

Benchmark US indices edged lower on Tuesday, June 15, in mixed trading after the latest government data showed retail sales fell by 1.3% in May compar...

APAC markets mixed; ASX 200 rallies to record high

The equity markets across the Asia Pacific (APAC) region were a mixed bag on Tuesday, with Australian shares outperforming peers. The Australian benc...

Annual food prices in New Zealand rise 1.8% in May

Summary Increased vegetable prices were the biggest contributor to the rise in food prices in May. Tomato and capsicum prices increased while kiwi...

Which countries comprise G7? What is its significance?

The Group of Seven, popularly known as G7, is a group of seven countries – the US, the UK, Canada, France, Germany, Japan and Italy – the...

Will New Zealand’s Q1 GDP numbers have an impact on the monetary pol...

Summary March quarter GDP numbers to be revealed on 17 June. Whether GDP numbers will increase or dip, is the question? Most say, GDP will show a...

Is inflation here to stay? Read what Jamie Dimon of JP Morgan says

As nations continue to recover from the COVID-19-induced recession, the highest inflation levels seen across the economies in more than a decade are r...

Ransomware on the rise in NZ, Companies feel desperate and pay.

Summary Ransomware becoming a growing issue across the world. To pay or not to pay, that is the question! How can the number of attacks be brough...

US markets close flat as technology, real estate stocks advance

US stocks closed flat on Monday, June 14, ahead of a crucial meeting of the Federal Reserve in which senior officials are expected to take stock of th...