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Forget Bitcoin! This crypto delivered nearly 450% returns so far in 2021
May 10, 2021 06:53 PM AEST| By Team Kalkine MediaSummary Ether has witnessed a strong rally this year, with its value jumping by 450% so far in 2021. The price of Ether crossed US$4,000-mark for the first time on May 9. The rise of Ethereum and other digital coins has weakened Bitcoin’...
New Zealand PM Ardern To Meet Unions To Discuss Public Sector Pay Freeze
May 10, 2021 03:00 PM AEST| By SonalSummary The New Zealand government has drawn enough criticism from several workers on extending the pay freeze to the public sector. The step has been taken to lessen the pay gap amongst income groups. Robertson is denying claims of the NZ gov...
Housing Crisis Deepens in New Zealand
May 10, 2021 02:22 PM AEST| By RomaSummary Housing crisis in the country hits new lows. The average house price witnessed a sharp surge. According to predictions, things could get better in the near future. New Zealand housing crisis seems far from over with ever increasin...
NZ Removes NSW Travel Ban; Vaccination Of Tokyo Olympic-Bound Australian Athletes to Start
May 10, 2021 01:58 PM AEST| By Team Kalkine MediaSummary Travel between New Zealand and New South Wales resumed from early hours of Monday. Sydneysiders are urged to follow COVID-19 protocols. Vaccination of Australian athletes and staff commenced from Monday. Source: Copyright ©...
Market Outlook: Four key things to watch out for this week
May 10, 2021 01:18 PM AEST| By Furquan MoharkanIn contrast to the markets’ flat trend last week, it is going to be a high-octane week in terms of macro announcements. The packed week will see Australia’s budget being put forth, the UK’s growth numbers being announced and diffe...
Robertson Puts Economic Recovery and Kiwis’ Welfare On Priority in Budget 2021
May 10, 2021 12:44 PM AEST| By SonalFinance Minister Grant Robertson, at a pre-budget speech in Auckland, stated that obtaining recovery and investing in the welfare of Kiwis was the emphasis of Budget 2021. He announced that there would be more regular spending and capital investment ...
Dogecoin nosedives on Musk’s remarks; what does it mean for the cyptocurrency?
May 10, 2021 11:13 AM AEST| By Furquan MoharkanThe meme-turned-frenzy cryptocurrency, Dogecoin, plummeted after billionaire Elon Musk of Tesla Inc (NASDAQ:TSLA) called it a ‘hustle’ in a live show. At one point in time in the last 24 hours, the digital asset was down 31.7% from its...
Dogecoin Volatile Over the Weekend; Where is the Digital Currency Heading?
May 09, 2021 03:46 PM AEST| By DaminiOf late, crypto assets have gained immense popularity among global investors, who are now betting big on the cryptocurrency as a mainstream asset. Initially devised to remove financial intermediaries in peer-to-peer transactions, digital currencies...
US Employment Numbers Fall Short of Expectations in April 2021
May 09, 2021 01:56 PM AEST| By DaminiAgainst widespread forecasts of the US economy adding about 1 million jobs in April 2021, the latest employment report released by the Labor Department showed that the economy added a disappointing 266,000 jobs last month. The report came as a sur...
Here’s How We Can Support Australia’s Net Zero Mission
May 09, 2021 12:59 AM AEST| By Team Kalkine MediaThe current zero emission target set by Australia stands at 26-28% emission reduction below 2005 levels to be achieved by 2030. While climate change is a global concern, it holds special importance for Australia as the country has long been in the ...
Critical minerals can strengthen global climate ambitions, says International Energy Agency
May 09, 2021 12:17 AM AEST| By SukritiCritical minerals refer to metals as well as non-metals that are vital for the global economic well-being. Nonetheless, their supply can be at risk owing to geopolitical issues, trade policy, geological scarcity or other likewise factors. Understand...
China Ramps Up Diplomacy As World Comes Calling For Vaccines
May 08, 2021 06:08 PM AEST| By Team Kalkine MediaSummary India, one of the world’s largest drugmakers, has put curbs on exports of AstraZeneca to meet its domestic demand. Amid a shortage of covid drugs, countries grappling with the increasing number of deaths and infections have turned...
New Zealand Unveils New Fair Pay Agreements; Receives Mixed Response
May 08, 2021 06:00 AM AEST| By Team Kalkine MediaLabour Laws play an instrumental and significant role in the country's corporate sector. They ensure that just treatment is meted towards the employees with the appropriate working environment, thereby ensuring the protection of employees' rights. ...
Five digital assets that offered over 500% returns this year
May 08, 2021 01:07 AM AEST| By Furquan MoharkanCryptocurrencies seem to be having a blockbuster 2021, having picked up well in the first four months of the year. Understandably, there has been a lot of noise over the digital assets. Many markets, which were earlier hostile to the idea, have st...
Bitcoin & Its Reckless Power Consumption Is A Threat To The Climate
May 08, 2021 12:32 AM AEST| By Team Kalkine MediaAll that glitters is not gold. In fact, there is something that is outshining even gold. Yes, you know it, that’s bitcoin. Based on the blockchain technology, this so-called “digital currency”, or should we just say, a speculative ...
All you need to know about intranasal COVID-19 treatments and vaccines
May 08, 2021 12:12 AM AEST| By Team Kalkine MediaSummary With the development of COVID-19 vaccines and medicines, scientists are now aiming to improve therapeutics and exploring different delivery routes. Amcyte Pharma’s algae-derived NasitrolTM nasal spray has demonstrated efficacy in ...
Bank of England Governor’s Crypto Warning – Be Prepared to Lose All Your Money
May 07, 2021 08:10 PM AEST| By Team Kalkine MediaSummary Andrew Bailey, Bank of England’s governor, has warned investors to be prepared to lose money if they invest in Dogecoin. Dogecoin has made an astronomical rise in the past twelve months, particularly since the start of 2021. The ...
Dogecoin Surge Leads to Robinhood Crash as Investors Left Feeling Robbed
May 07, 2021 07:38 PM AEST| By Team Kalkine MediaSummary Trading app Robinhood crashed due to a recent heavy influx of investors hoping to cash in on the Dogecoin rush. The site’s crash occurred on the back of Dogecoin’s value, rising around 12% in just nine hours. Robinhood&rsqu...
Has the Rally Begun in Procter & Gamble Co. Post Consolidation?
May 07, 2021 07:00 PM AEST| By Team Kalkine MediaSummary Procter & Gamble Co. (NYSE: PG) outperformed its peers and generated ~4.62 percent return in the last 3 months. PG stock prices are trading in a falling wedge formation on the daily chart and now taking the major support from the 50...
Goldman Sachs offers a new Bitcoin derivative
May 07, 2021 06:55 PM AEST| By AayushSummary The institutional demand for exposure to Bitcoin has continued to grow significantly in the derivative space. Goldman Sachs has started to offer a new derivative product to its clients, which closely tracks the price of Bitcoin. The de...
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