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News
Ether Hits Fresh All-Time High, Up 12%
May 12, 2021 07:31 PM AEST| By AnujEthereum’s crypto token surpassed the US$ 4.3K-mark for the first time on Wednesday (2:45AM EST), May 12, days after achieving the US$ 4K milestone on May 10. Ether witnessed one of the biggest surges of the year and gained as much as 12 per c...
The New Crypto on the Block Bursts onto the Scene
May 12, 2021 07:07 PM AEST| By Team Kalkine MediaSummary A new cryptocurrency, called Internet Computer, debuted on Monday, achieving a market value of US$45 billion, making it the eighth-largest digital currency in the world. The crypto’s ledger, Dfinity, aims to reduce costs and break...
APAC markets in red; Nissan shares crash 13%
May 12, 2021 03:30 PM AEST| By Furquan MoharkanAll the share markets in the Asia-Pacific (APAC) region were trading in red on Wednesday, as concerns over growing inflation spooked investors. The shares in Taiwan were the worst hit, as Taiwan Weighted Index crashed by 6.02% at the time of filin...
NZ Super Fund In A Soup As Links With Holdings Related To Myanmar Military Appears
May 12, 2021 03:27 PM AEST| By Team Kalkine MediaSummary NZ Super Fund is the government’s saving vehicle and act as an aid for people over 65 years. Kiwi Super Fund has invested huge amount, nearly NZ$100 million, into many companies that have a connection with Myanmar's military, whic...
New Zealand to cut merchant service fee charged to businesses
May 12, 2021 02:25 PM AEST| By SonalSummary Merchant fees to be restricted by NZ Government. Customers have increased usage of contactless credit and debit cards amid COVID-19. High cost of fees increases financial burden on businesses. The New Zealand government is plannin...
How Will Lodestone’s Initiative Boost New Zealand’s Solar Energy Generation
May 12, 2021 12:42 PM AEST| By RomaAs the world faces depletion of natural resources through misuse, renewable energy is the need of the hour. Solar energy, in particular, is something that is slowly making its way into day-to day-lives of people. Image Source: © Airubo...
Ryah Medtech Joins Hands With Medical Kiwi For Product Distribution Across New Zealand
May 12, 2021 12:09 PM AEST| By Team Kalkine MediaSummary Canada’s Ryah Medtech, Inc., teams up with Medical Kiwi Ltd for the distribution of RYAH Smart Inhaler and cloud-based data analytics platform across New Zealand. It would be a mutually rewarding experience for both the companies,...
Is Job insecurity related to a lower level of life satisfaction?
May 12, 2021 11:52 AM AEST| By SonalStatistics New Zealand added a set of wellness questions to the Household Labour Force Survey (HLFS) from the June quarter of 2020 to the March quarter of 2021. These questions provided it with the ability to calculate key well-being results for New ...
US Economy Adds Record 1.8 Mn New Jobs in March As Hiring Slows
May 12, 2021 09:05 AM AEST| By Team Kalkine MediaSummary Food and accommodation sector creates the highest number of jobs at 185,000, followed by the education department at 155,000, and entertainment and recreation at 81,000. However, the number of jobs in the healthcare and social assistanc...
Will Inflation Cut Short The US Real Estate Boom?
May 12, 2021 07:07 AM AEST| By Team Kalkine MediaSummary Although borrowings became cheaper for new homebuyers, fewer houses in the market have driven up the house prices. The current housing sales figures may be the highest in the US in the last 40 years, say experts. The younger generation...
What Is Cardano (ADA) Crypto? What Is Its Price Prediction?
May 12, 2021 02:32 AM AEST| By AnujCardano (ADA) is a blockchain platform that provides peer-reviewed research and consensus protocols. Through its advanced technology, it offers a secure and sustainable network to decentralized applications (DApps), systems and individuals. Cardano&...
After SpaceX, Will Tesla (TSLA) Start Accepting Payment In Dogecoin?
May 11, 2021 09:49 PM AEST| By AnujElectric vehicle (EV) giant Tesla Inc (TSLA:US, NASDAQ:TSLA) may start accepting payments in Dogecoin, or so it seems from founder Elon Musk’s recent Twitter post. The engineer-turned-entrepreneur has started a Twitter poll asking his follower...
NZD and AUD Hold On To Gains As Commodity Prices Move Up
May 11, 2021 07:08 PM AEST| By ManikaSummary Commodity currencies gain against the US Dollar. The USD is volatile, waiting for announcements from the Fed. NZD and AUD likely to gain more as bullish trend to continue in commodity prices. The commodity currencies, NZD and AUD ...
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US gets first COVID-19 vaccine for adolescents as Pfizer-BioNTech’s shot wins emergency approval
May 11, 2021 06:11 PM AEST| By Tripti JoshiSummary Pfizer - BioNTech’s COVID-19 vaccine has obtained the Emergency Use Authorization (EUA) in the US for adolescents. The two companies also notified they had submitted data to the European Medicines Agency (EMA) and other worldwide ...
Are You Keeping Up with the Evolving Cryptocurrency Tax Requirements?
May 11, 2021 04:50 PM AEST| By Team Kalkine MediaSummary The Australian Taxation Office (ATO) will be extra vigilant this year following a surge in the number of Australians purchasing cryptocurrencies. The ATO categorises crypto investors into three groups: investors, traders, and hobbyists....
New Zealand’s Retail Expenditure Zooms Up In April 2021
May 11, 2021 02:19 PM AEST| By Team Kalkine MediaSummary April 2021 recorded a huge surge of NZ$6.1 billion in New Zealand’s retail card spending. The apparel and fuel segment noted the largest number of consumers’ expenditure. Retail sector raking in benefits through schemes lik...
Nomura Teams Up With Auckland-based Jarden Group To Expand Its Global Reach
May 11, 2021 02:15 PM AEST| By SonalOn May 10, Nomura Holdings Inc. announced that it would partner with Jarden Group Ltd. in New Zealand and Australia. Jarden is an Auckland-based investment and advisory group on both sides of Tasman. . Nomura Holdings is a Japanese investment bank t...
Is Psychedelic Treatment MDMA A Cure For PTSD?
May 11, 2021 01:10 PM AEST| By RomaSummary Phase 3 clinical trial on MDMA complete, results encouraging. Drug might be made legal in controlled amounts in the future. PTSD patients found relief through MDMA combined with therapy. Different kinds of cures have been tried to...
What Is Tax Freedom Day in New Zealand? What Is Its Significance?
May 11, 2021 11:50 AM AEST| By SonalSummary May 11 is the Tax Freedom Day for New Zealand. The date is calculated every year by a business accountancy firm. It is a day when taxpayers have paid their annual taxes fully and can keep every dollar for themselves for the remaining y...
Dogecoin Wasn’t the Only Crypto to Fall After Musk’s SNL Appearance
May 10, 2021 08:19 PM AEST| By Team Kalkine MediaThis year has seen a flock of cryptocurrencies across the board make significant gains. The most well known of these – Bitcoin (BTC) – has surged 96% since January, and its success has bled over to some other altcoins, so much so ...
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