News

APAC market mixed; ASX200 up 0.12%

Summary Asia markets opened on a mixed note on Friday. Chinese shares were in the red. Overnight, the S&P 500 closed at a record high. T...

What are signs of a stagflation? Are we headed there?

In economics, a higher gross domestic product (GDP) growth means that people in that country have more income. A higher income leads to more spending,...

COVID-19: Are Intranasal vaccines better than the traditional vaccin...

Summary The intranasal route of vaccine administration has enormous potential because of the organized immune system of the nasal mucosa, high comp...

US Stocks Advance After Mixed Cues From Economy

All benchmark US indices closed higher on Thursday, June 10, after investors appeared to have ignored new labor data, which showed that consumer price...

Is Bitcoin legal in New Zealand?

Summary The digital currency, Bitcoin is gaining massive popularity across the globe, with a market capitalisation of more than $1000 billion noted...

Electronic Medical Records (EMR): What are they, and why do we need...

Summary Electronic Medical Records (EMR) are real-time patient records that provide medical information immediately and securely to authorized user...

What is BNPL and why is it important?

The buy now pay later (BNPL) is an age-old concept, revived in a trendy way by Fintech companies across the world. To put it simply, it means a custom...

UN urges countries to focus on quick COVID-19 vaccination

Summary The UN urges countries for the prioritisation of quick vaccine delivery. The UN says monetary gains should be left secondary. Why is ther...

New Zealand May 2021’s Card Spending witnesses a Surge

Summary New Zealand sees an increase in its retail card spending owing to the successful handling of the pandemic and opening of the trans-Tasman b...

Bitcoin bulls receive reality check at massive Miami Conference

The largest-ever Bitcoin conference was held in Miami over the weekend as thousands of crypto enthusiasts attended the Mana Wynwood Convention Center...

APAC markets in green; ASX200 up 0.44%

The equity markets in the Asia-Pacific (APAC) region were trading in the green, even as the Dow Jones Industrial Average continued its losses for the...

Bitcoin surges 16% as El Salvador makes crypto a legal tender

In a major boost for the cryptocurrency market, El Salvador has officially adopted Bitcoin as a legal tender after Congress gave its nod to President...

US Stocks Edge Lower As Financials, Industrials Slip

Benchmark US indices closed lower on Wednesday after financials, industrials, and consumer stocks led a broad retreat in the markets amid mixed global...

What China’s record factory-gate prices mean for global economy

Summary China’s factory-gate prices hit a 12-year high in May on higher commodity prices. The producer price index (PPI) rose to 9% in May,...

Bitcoin Is Now A Legal Tender In El Salvador

In a bold move, President Nayib Bukele-led El Salvadoran passed the Bitcoin Law, allowing the use of the world’s largest cryptocurrency as a leg...

Climate Commission advises NZ Government on meeting low-emission goa...

Summary Climate commission advised the Government, outlining ways to achieve its climate related objectives. The New Zealand Government has time u...

COVID-19 vaccine booster shots: do we really need them?

Summary There’s been a lot of discussion around COVID-19 booster shots, considering the emergence of new variants in recent months. Experts...

New Zealand’s Auckland tops the chart of EIU’s Annual Global Liveabi...

Summary Auckland tops the rankings for the most liveable city globally, replacing Vienna, which had been holding the position since 2018. The Kiwi...

APAC markets mixed as China inflation soars to 12-year high

Summary APAC markets are mixed with the Japanese and South Korean markets trading in the red. China factory gate inflation surges to highest in 12...

March 2021 quarter sees a jump in electricity, wholesale sales in Ne...

The business financial data released today revealed actual sales values of 26 industries for the March 2021 quarter . The data comprises purchases, sa...