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News
Why is stablecoin catching investors’ attention?
September 14, 2021 05:20 PM AEST| By Daniel Paul JohnsHighlights A stablecoin is a digital currency which is tied to a commodity or fiat currency, like the US dollar A Stablecoin’s value will remain stable even after an extended period of time and this will ease losses should a sig.....
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Why people want an overhaul of childcare costs in UK
September 14, 2021 04:29 PM AEST| By Rishika RainaHighlights The UK has the highest childcare costs across the globe after Slovakia and Switzerland. UK Parents are finding the costs unaffordable and are demanding for an overhaul of childcare costs. According to latest OECD data, the UK ha.....
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Swiss digital exchange SIX gets green light to launch digital bourse
September 14, 2021 04:23 PM AEST| By AayushHighlights SDX has secured two licences from the Swiss Financial Market Supervisory Authority (FINMA) to act as an exchange and central securities depository. It is planning to establish a global network for digital assets to include major play.....
Walmart Hoax Leads to Litecoin Surge
September 14, 2021 04:16 PM AEST| By Daniel Paul JohnsA press release from US retail giant, Walmart, announcing a partnership with cryptocurrency Litecoin, had been declared a hoax. The retailer is looking into how such a slip up could have occurred. The fake announcement briefly led to Litecoin jum.....
Oil rises on slow supply recovery from the US
September 14, 2021 12:14 PM AEST| By Team Kalkine MediaStock Photo Oil Prices Rise Crude oil prices soared to six-week high on Monday due to slow recovery in the US output, two weeks after Hurricane Ida hit the coast. The prices were additionally lifted by the concern of another storm that could h...
Iceland starts the world’s largest carbon dioxide capturing plant
September 14, 2021 12:11 PM AEST| By Team Kalkine MediaCarbon Dioxide Capture Technology Iceland has started operating the world’s largest plant that captures carbon dioxide from the air and deposits it into the ground. Climeworks AG, a Swiss start-up has teamed up with Iceland’s carbon stor...
UN warns of starvation crisis in Afghanistan; one million children ‘could die’
September 14, 2021 11:48 AM AEST| By Furquan MoharkanHighlights UNICEF warns of one million starvation cases by this year in Afghanistan. The UN body’s chief fears that many will die of starvation. 600,000 people, more than half of whom are children, have been displaced by conflict. O.....
Apple iPhone 13 launch: Five things to know about California Streaming event
September 14, 2021 11:10 AM AEST| By AshishApple is all set for the launch of its much-hyped grand event scheduled on 14 September. The Apple’s fall event, titled California Streaming, will be hosted virtually and is highly expected to unveil four new iPhone models-- iPhone 13, iPhone.....
Is Meridian Energy(NZX:MEL) on a growth path post FY21?
September 14, 2021 10:45 AM AEST| By RomaHighlights Meridian Energy went through tough times due to drought and COVID-19 disruptions Annual results were reflective of these conditions Substantial Dividend declared by the Company with DRP plan Energy companies also witnessed lowe.....
10 Crypto Terms to Know Before You Invest
September 13, 2021 10:06 PM AEST| By Daniel Paul JohnsHighlights Bitcoin, the first cryptocurrency invented in 2009, had the largest market capitalisation on 13 September 2021. People can trade cryptocurrencies for other cryptos or fiat currency on a cryptocurrency exchange, an online locati.....
Why is ARK Investment investing in Crypto ETFs?
September 13, 2021 08:23 PM AEST| By Sonal SinhaHighlights ARK Investment has made changes in its prospectus for its ARK Next-Gen Internet ETF. The fund would invest in the Grayscale Bitcoin Trust or other pooled investment vehicles that invest in bitcoin domiciled & registered for deali.....
How are 5 NZX energy companies extending support to consumers?
September 13, 2021 07:32 PM AEST| By Jasmine AnandHighlights During the current lockdown, many power companies are assisting the vulnerable NZ population with electricity and power bills, schedule, and terms of payment, etc. Genesis Energy to hold an online ASM in October end. Meridian Energy.....
Did Saudis in US help hijackers? FBI reveals first declassified 9/11 document
September 13, 2021 05:37 PM AEST| By Furquan MoharkanHighlights The FBI has commenced declassifying the files on 9/11 terror attack. The declassifying of the documents coincided with the 20th anniversary of the terror attacks The documents reveal the logistical support provided to two of the Sau.....
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When will Bitcoin crash again? Here is what experts claim
September 13, 2021 04:11 PM AEST| By Team Kalkine MediaSource: © Colicaranica | Megapixl.com The emergence of the world’s largest cryptocurrency – Bitcoin – has seen an army of critics walking with it who believe the digital asset is empty and void of any real-world va.....
How does a vaccine work? How effective is Pfizer vaccine?
September 13, 2021 03:14 PM AEST| By Furquan MoharkanWith lockdowns failing to subside the raging COVID-19 pandemic, vaccines seem to be our only antidote against the deadly virus. Effectiveness of the jabs can be contended, but then the world does not have many options on the table to experiment wit.....
What to expect from bond and equity markets after RBNZ hikes interest rate
September 13, 2021 02:00 PM AEST| By ManikaHighlights Analysts signal a 25-basis point rate hike in the October monetary policy. This will have an impact on cooling of inflation. Equities and bond prices will feel the headwinds due to interest rate hike. The OCR hike which was put.....
Copper prices hit more than one-month high on strong demand
September 13, 2021 01:52 PM AEST| By Team Kalkine MediaHighlights Copper prices reached more than a month high level on Monday. The prices surged on the back of strong demand and tight supplies. Chinese imports of unwrought copper tumbled by 7% in August. Copper prices surged to more than one.....
Five crypto influencers who are ruling the social media
September 13, 2021 01:51 PM AEST| By AshishHighlights Cryptocurrencies such as bitcoin and ethereum have exploded in popularity of late. Their potential to give relatively higher returns compared to other traditional financial assets have earned them millions of investors. With the ris.....
Oil rises on supply concerns from the US
September 13, 2021 01:48 PM AEST| By Team Kalkine MediaCrude oil prices inched up on Monday during initial trading sessions after tumbling significantly in the last week amid China's plan to release state oil reserves. November delivery Brent Crude oil futures last traded at US$73.45 per barrel up 0.78.....
Why are investors in rapture over one vaccine jab for COVID-19 and Flu?
September 12, 2021 04:46 PM AEST| By Sonal SinhaCombining COVID-19 and flu protection in one vaccine is a novel concept that Moderna and Novavax have adopted. RELATED READ: Moderna Inc (MRNA) & Novavax Inc (NVAX): Two stocks in focus Tuesday Moderna’s New Development Candidate - mRNA.....
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