News

Jacinda Ardern Takes TheTop Spot on Fortune List of World Leaders
May 14, 2021 04:24 PM AEST| By RomaSummary Jacinda Ardern declared the world’s top leader on Fortune List. She beat the likes of Dolly Parton and Melinda Gates This award is due to proactive work in the pandemic. In a recent update, it’s been announced th...

APAC markets open mostly in green on Wall Street cues
May 14, 2021 03:36 PM AEST| By Furquan MoharkanThe Asia Pacific (APAC) markets opened mostly in green on Friday, following the Wall Street rally overnight. The Japanese shares were the biggest gainers in the region, with Nikkei225 up 2.3%, having wiped most of the losses it made in the Thursda...

NZ Manufacturing Drops In April, But Still in An Expansionary Mode
May 14, 2021 03:30 PM AEST| By ManikaManufacturing in New Zealand’s is lower than in March but is still expanding, said a report by BusinessNZ. Manufacturing activity dropped by 5.2 points in April as compared to March. According to a report by BusinessNZ. The Performance ...

Will Chevron Corp. (NYSE: CVX) Prices Cross the Hurdle on Charts?
May 14, 2021 03:25 PM AEST| By Team Kalkine MediaSummary Chevron Corp. (NYSE: CVX) has outperformed the index and generated ~16.01 percent returns in the last 3 months. On the daily chart, CVX’s prices are moving in a horizontal channel pattern and taking support from the 100-period Sim...

US tax sleuths, justice dept set to probe Binance: Reports
May 14, 2021 02:43 PM AEST| By Furquan MoharkanOne of world's largest cryptocurrency exchanges, Binance is facing investigation from the US Internal Revenue Service and the Justice Department, reports said. The probing officials have asked for detailed information from individuals with insight...

Coinbase rides the crypto boom to hit over US$1 billion in revenue
May 14, 2021 01:47 PM AEST| By Furquan MoharkanCoinbase Global Inc (NASDAQ:COIN), a US-based holding company for an cryptocurrency exchange platform by the same name, has reported 9.45 times jump in its revenue as it surged past the $US1 billion-mark in quarterly revenue. The company reported ...

Immigrant Protestors Question Kris Faafoi Regarding Their Plight
May 14, 2021 12:43 PM AEST| By RomaSummary Immigrant protests outside the Parliament Immigration Minister facing fire over border restrictions. Several families and friends have been stranded on each side of the border. While New Zealand as well as several other countries ...

Why has IEA slashed 2021 oil demand forecast?
May 14, 2021 10:09 AM AEST| By Team Kalkine MediaThe oil industry has been on a roller coaster ride since last year. Experiencing gloomy days, the prices of WTI crude oil dipped to negative levels in April 2020 due to supply glut and nearly no buyers. However, a robust vaccination program couple...

Jacinda Ardern Optimistic About NZ’s Growth With Possible FTAs With UK And EU In Future
May 14, 2021 06:00 AM AEST| By Team Kalkine MediaNew Zealand Prime Minister Jacinda Ardern gave valuable insights and spoke on a variety of issues faced by the country during the current year as the nation awaits Budget for this year. Ardern’s speech came almost after a week after Grant Ro...

Doge Vs Shiba: A Meme War Is Underway In Crypto Space
May 14, 2021 03:39 AM AEST| By AnujWhile Dogecoin investors, aka Dogearmy, stand divided on Elon Musk describing the token as a “hustle” during his performance in the Saturday Night Live show, a new meme-coin is creating a buzz in the crypto world. Shiba Inu has been tren...

How could the red-hot iron ore rally benefit investors?
May 13, 2021 05:00 PM AEST| By Team Kalkine MediaSummary Iron ore prices have registered a record rally in recent weeks, with prices surging to record high levels. A robust economic recovery in the US and China, coupled with generous stimulus packages, have fueled the rally. The price surge ...

Bears grip APAC markets on inflation woes
May 13, 2021 03:07 PM AEST| By Furquan MoharkanThe bears seem to have gripped the Asia Pacific (APAC) markets for the second day on the trot, driven by the fears of rate hikes by the central banks. All the indices in the region, save the Taiwanese markets, were trading in red. The Taiwan Weigh...

Wright or Wrong? The Curious Case of The Self-Proclaimed Bitcoin Creator
May 13, 2021 02:40 PM AEST| By Team Kalkine MediaSummary Australian computer programmer and entrepreneur Dr Craig Wright has once again had a court case postponed to November. In one of several lawsuits Wright is currently involved in, he is being sued by the brother of his former business pa...

New Zealand Food prices up 1.1% in April as tomato oversupply ends and minimum wage rises
May 13, 2021 01:59 PM AEST| By SonalSummary New Zealand’s food prices soared 1.1% in April 2021 month on month. Higher tomato and cucumber prices were the main contributors in driving food prices up. An increase in minimum wage also added to the overall rise in food prices...

Rocket Lab All Set To Test Space Vehicle’s Reusability
May 13, 2021 01:19 PM AEST| By RomaSummary Rocket Lab to send out electron launch testing vehicle. This could mean reusable spacecrafts and vehicles in the future. Up against SpaceX, which already boasts reusable vehicles. Rocket Lab is ready with the first vehicle for ele...

Bitcoin crashes as Tesla does a U-turn on the largest crypto
May 13, 2021 01:00 PM AEST| By Furquan MoharkanThe Palo Alto-headquartered electric vehicle maker Tesla Inc (NASDAQ: TSLA) will stop using Bitcoin as payment mode for car purchases, CEO Elon Musk has said in a tweet. The price of Bitcoin, has since crashed by 15.8% and is trading below the US$5...

With House Sales Down in April, Have The Government Measures Started Paying off?
May 13, 2021 12:56 PM AEST| By ManikaSummary NZ house sales down in April, prices remain up. Some think it is a normal thing in April. Some analysts feel that it could be the early signs that govt measures are paying off. Looks like, the government’s measures to contro...

Petition calls for New Zealand Government to reform Pharmac
May 13, 2021 12:47 PM AEST| By SonalA petition with over 100,000 signatures calling for a substantial increase in budget and independent review of Pharmac was handed over to the New Zealand Parliament on Wednesday. The petition was submitted by Patient Voice Aotearoa (PVA), which deman...

COVID-19 continues to hammer India; global cases decline
May 13, 2021 11:31 AM AEST| By Furquan MoharkanThe spread of the COVID-19 pandemic in India continues to test the limits of the country’s healthcare system, even as the global situation has visibly improved. In last seven days, the fresh cases reported by India – the new epicentre ...

Amazon Dodges US$300 Million EU Tax Order
May 13, 2021 09:23 AM AEST| By Team Kalkine MediaSummary European judges noted that the European Commission failed to show proof of preferential treatment to Amazon by Luxembourg. European Commissioner for Competition Margrethe Vestager had filed the tax evasion case against Amazon. In 2020,...
Top Penny Picks under 20 Cents to Fit Your Pocket! Get Exclusive Report on Penny Stocks For FREE Now.