News

US revises travel ratings for 110 nations; eases restrictions

In a major sigh of relief for the sports lovers across the world, the US has eased travel restrictions on over 110 countries including Japan, just bef...

Bitcoin tumbles 8% after US nabs US$2.3M crypto ransom from Colonial...

In yet another cryptocurrency meltdown, Bitcoin prices tanked overnight once again, as officials in the US were able to recover most of the ransom pai...

US Stocks Wobble On Inflation Worries

US stocks saw subdued trade in Tuesday’s session, with all major indices ending flat as inflation worries weighed on the markets. The S&P 5...

All you need to know about stablecoin

Summary The unstable tendency of many cryptocurrencies has caused investors to search for safer alternatives. One such alternative, which is curren...

AMC, GameStop, other meme stocks delivered multibagger returns in 20...

Summary AMC, GameStop, BlackBerry and other meme stocks ended higher on Wall Street on Monday. AMC shares have rallied 2,636% in 2021, while GameS...

Afterpay fiasco: What is a class action lawsuit and what is its sign...

On Tuesday, it was reported that Australian fintech giant Afterpay Ltd (ASX:APT) is facing a proposed class action complaint filed in the US Northern...

Historic! Biogen’s aducanumab becomes the first FDA-approved Alzheim...

Summary Biogen has received accelerated approval from the Food and Drug Administration (FDA) for its Alzheimer’s disease (AD) treatment, aduc...

Kiwis make their mark on Queen's Birthday 2021 Honours List

Summary The Queen's official birthday is celebrated in June, with the Trooping the Colour parade as the major highlight. Several New Zealanders ar...

Money For Nothing? The Economic Marketplace of Art

Summary The world of art has always encompassed a society often mocked for its pretentiousness, paying through the nose for works that on the surfa...

Is NZ moving slow in its vaccination roll-out?

The pace of the coronavirus vaccine roll-outs in the world is something that is on focus at the moment with some doing better than others in terms of...

APAC shares in green, ASX 200 the best performer; Japanese GDP beats...

Summary APAC markets are in the green after the Japanese economy performed better than the estimates. China is trading in the red. The ASX 200 is...

India offers free COVID-19 vaccines to all as daily cases hit 68-day...

Summary India has declared to offer free vaccines to all adults. The move comes a week after the top court lashed out at the central government fo...

Second high-profile exit: Another Tesla veteran quits

Summary Tesla veteran Jerome Guillen quits the EV maker. Move comes just three months after he was appointed the head of trucking business. He is...

US Stocks Start Week On Hesitant Note As Blue-Chips Retreat

Benchmark US indices began the week with a subdued note on Monday as investors returned to a new trading session following their weekend break. The S...

Role of mRNA vaccines in combating COVID-19: Pros & Cons

Summary Scientists have been examining messenger RNA (mRNA) vaccines for decades and have gained attention as an important way to tackle COVID-19....

Tesla pulls the plug on Model S Plaid Plus plan

American electric vehicle maker Tesla Inc (NASDAQ:TSLA) has officially cancelled the most expensive variant of its flagship sedan – the Model S...

APAC markets mixed as China trade data misses estimates

Summary APAC markets are a mixed bag after China trade numbers missed the estimates. China and Australia are trading in the red. Japan and Korea...

How is virtual reality transforming the healthcare sector?

Summary Virtual reality (VR) in the healthcare sector is in a nascent stage. However, it is gaining popularity as many healthcare organizations hav...

What is PMI and why is it important?

The Purchasing Managers’ Index (PMI) has been in news all through the last two weeks. Many countries across the world released their PMI numbers...

Bitcoin As Legal Tender: El Salvador First Nation To Back Cryptocurr...

Summary This move could change the course of the crypto industry globally. Cryptocurrencies are not accepted as legal tender and El Salvador's mov...