News

New Zealand Government’s Accounts In Better Shape, But Yet To Attain...

The Treasury released the interim Financial Statements of the Government of New Zealand for the 10 months ended 30 April 2021 on Thursday. The core C...

Why is iron ore rally hurting these two sectors?   

Summary The prices of iron ore have almost doubled in the last one year, on account of strong economic growth, globally. China's decision to curb...

The new economy: 6 ways how the coronavirus has changed the global e...

Summary The lockdown period has brought about many necessary innovations and realizations pertaining to better and more efficient ways to conduct b...

Why AMC shares doubled in one session

The shares of American movie theatre chain AMC Entertainment Holdings Inc (NYSE:AMC) almost doubled in just one trading session as Reddit-driven frenz...

Did Kiwi Cloud Storage Firm Fall Victim To Malware Attackers?

Auckland-domiciled cloud storage firm has been cautioned by the Federal Bureau of Investigation (FBI) of possibly being misused by cyberattackers....

How did US stocks perform on Wednesday?

Benchmark US stock indices saw muted gains on Wednesday, although the segments broadly remained subdued as investors took cues from the recent spike i...

What’s brewing in the mining industry as ESG debate heats up

Summary The mining industry is witnessing growing calls to adopt new standards to meet Environmental, Social and Governance (ESG) compliance. Vari...

 What does the future of shale oil market look like?

Summary Advancements in oil and gas drilling technology have unlocked huge reserves of oil, earlier untapped by oil and gas players. Shale oil is...

E-commerce giant Amazon supports the MORE Act to legalize cannabis i...

Summary Amazon disclosed that it would actively support the MORE Act for the federal legalization of marijuana in the US. The e-commerce behemoth...

A Red-Letter Day: Zespri Delivers Record Results, Introduces Zespri...

Being the largest marketer of kiwifruit across the globe, Zespri International Limited, which was founded in 1997, supplies high-quality Zespri Kiwifr...

Opinion: India will take years to wipe off the bruise marks wreaked...

As the second wave of the COVID-19 pandemic seems to be finally receding in India, the trail of tragedies that it has left behind is beyond imaginatio...

New Zealand’s Exports Drop, Oil and Logs Resist Trade Price Decline

New Zealand’s total exports of goods and services declined 16.5% to $72.6 billion in the year ended March 2021, as per the data released by Stat...

Explained: The pros and cons of using social media in the healthcare...

Summary Social media can be channelized in quite constructive ways to help the healthcare sector. Prudent use of social networking sites and platf...

NZ Government Comes Up With Funds to Support Flood-Hit Canterbury Re...

Kiwis residing in the Canterbury region of the South Island witnessed a complete inundation on Sunday when heavy downpours raised water levels and cau...

Zoom posts blockbuster earnings but cautious of slowdown

Summary Revenue almost triples; earnings up 9x The company expects slowdown going forth. Shares zoom in the aftermarket. The revenues of Zoo...

US Stocks Pull Back Amid Rising Oil Prices

US stock markets closed flat on Tuesday following a lacklustre session as investors took cues from the rising international oil prices that can potent...

The Fickle Beast: The Problem with Bitcoin

In Darren Aronofsky’s urban horror film -  Requiem for a Dream – the two lead characters -  played by Marlon Wayans and Jared Le...

ANZ Business Outlook for May indicates stressed New Zealand economy

ANZ Business Outlook Survey analyses the course of the economy in the next year and shows how business confidence is stacking up, what export sales ar...

APAC markets mixed; ASX200 drops 0.33% ahead of RBA decision

Summary The APAC markets are trading on a mixed note. Private survey shows Chinese factory activity expanding in May. Investors await interest ra...

What does the US budget mean for cryptocurrencies?

Summary US President Joe Biden’s budget proposal, released on Friday, includes new reporting requirements for crypto investors, which means t...