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News
JPMorgan pays $920 Million to settle the US Justice Department and CFTC Probe
October 02, 2020 10:00 AM AEST| By Team Kalkine MediaOne of the largest banks in the United States, JP Morgan Chase was found engaged in placing manipulative trades in the secondary market, which consists of futures tied to precious metals and Treasury bonds. JP Morgan has been asked to pay a fine of.....
Both Donald And Melania Trump Tested Positive For Coronavirus
October 02, 2020 05:20 AM AEST| By Team Kalkine MediaIn his most recent tweet, the US President Donald J. Trump announced that both him and his wife Melania Trump contracted COVID-19. After Mr Trump’s close adviser Hope Hicks revealed her positive coronavirus test, the President revealed that .....
Yield and Liquidity Farming - Tools to Generate Alpha in the Crypto Space
October 02, 2020 03:55 AM AEST| By Team Kalkine MediaDeFi or decentralised finance is the new talk of the town with the disruptive application of the blockchain technology keeping the cryptocurrency ablaze in the market. Blockchain technology is behind almost every DeFi application in the market place...
AstraZeneca Share Price Topples as FDA Widens its Inquiry on COVID-19 Vaccine
October 01, 2020 12:00 PM AEST| By Team Kalkine MediaShare price of British-Swedish multinational pharma and biotech company AstraZeneca Plc (LON:AZN) tumbled by 0.56% to close the market at US$54.80 on 30 September 2020. The U.S. Food and Drug Administration (FDA) is still to give approval to Astra.....
How are developing world economies preparing for COVID-19 vaccine deployment and testing?
September 30, 2020 07:07 PM AEST| By Team Kalkine MediaThe ongoing COVID-19 pandemic has affected nearly 33.25 million individuals, including ~1 million deaths, as reported to the WHO as of 5:08 PM CEST on 28 September 2020. Many healthcare companies are engaged in the development of vaccines, treatmen.....
Has lockdown been a turning point for the Retail Sector?
September 30, 2020 03:32 PM AEST| By Team Kalkine MediaIn the recent times, coronavirus has been the biggest challenge faced by businesses around the world, along with the retailers. Supermarket sales have been up (both in-stores and online) when the country was at Alert Level 4 as buyers stocked up on.....
‘SWOT Analysis’ of NZ Travel Industry Reeling from COVID-19 Crisis
September 30, 2020 02:50 PM AEST| By Team Kalkine MediaWhile Kiwi Land’s stringent lockdown restrictions enabled it to gain control over the COVID-19 spread, these curbs delivered a crushing blow to the flourishing travel sector. At the time when NZ is pulling out all the stops to reboot its mult.....
Mr Trump’s latest affair is not doing him any favours
September 29, 2020 08:53 PM AEST| By Edita IvancevicSince the last presidential election held in the US back in 2016, controversies from the current American President Donald Trump have not stopped flooding the news articles on every media outlet. Trump’s newest affair revealed by the globall.....
NZX bounces back after cyber-attacks, new website goes live
September 29, 2020 08:12 PM AEST| By Team Kalkine MediaCyber-attacks are increasingly becoming a norm on New Zealand stock exchange and has also been extended to websites, which involve banks as well as media firms. New Zealand stock exchange fell victim to a distributed denial of service (DDoS) cyber.....
Uber Remains Available in London, Licence Granted for 18 Months
September 29, 2020 08:11 PM AEST| By Edita IvancevicUber has secured a new licence to operate in London, after a court ruled in favour of the ride hailing service in an appeal against Transport for London (TfL). With a number of conditions, the licence has been granted for a period of 18 months. &nb.....
Global tech major Microsoft strengthens its ties with Telstra
September 28, 2020 10:26 PM AEST| By Team Kalkine MediaWorld's leading technology giant Microsoft Corporation (NASDAQ:MSFT), and Australia's leading telecommunications company Telstra Corporation Limited (ASX:TLS) are focusing on fast-tracking the development and unveiling of various cloud-based servic.....
Glance at US tech sector; FAANG stocks remain volatile
September 28, 2020 09:41 PM AEST| By Team Kalkine MediaThe FAANG stocks or the tech darlings in the US stock market are crucial for Wall Street trading as their performance influences the broader movement of the equity markets. The FAANG stocks include five prominent American technology .....
Is the travel bubble between Australia and New Zealand likely to go ahead?
September 28, 2020 03:58 PM AEST| By Edita IvancevicFive months after the first discussion regarding safe travelling between Australia and New Zealand, it may finally happen. As the coronavirus situation within Australian borders seems to be improving, New Zealand has been open for negotiations, an.....
Wall Street Raises Target Price on Amazon, Why So Bullish?
September 27, 2020 08:00 AM AEST| By Team Kalkine MediaGlobally, COVID-19 market mayhem brought the economy to a standstill. The shut doors of numerous entities and educational institutions, however, led to an unprecedented demand for technology. Burgeoning demand for cloud computing and digital servi.....
The US Fed Bats for Further Stimulus, Market Losing Hope?
September 27, 2020 08:00 AM AEST| By Team Kalkine MediaThe ongoing Global Virus Crisis (GVC) has hit world economy hard, with many businesses shattered, bleak employment scenario amid increasing layoffs and pay cuts, and growing infection cases and deaths. Undoubtedly, this is a period of enormous unce.....
How Will Smartphones Look Like In 2030?
September 27, 2020 12:15 AM AEST| By Ipsita SarkarMoore’s Law predicts that the speed and performance of a circuit will double every two years. And this continues to shape the trajectory of technology. The law has become a golden rule for pretty much all things digital, including those littl.....
How is climate change impacting the way NZ businesses operate?
September 26, 2020 06:00 PM AEST| By Team Kalkine MediaGlobal Climate Change is one of the major issues of our time, which requires an immediate attention of people across the world to tackle it. Scientists were predicting about the same since long, and now the impacts are quite evident. We can see mo.....
How Is Wall Street Poised Ahead of Presidential Elections & Mixed Economic Signs?
September 26, 2020 05:07 PM AEST| By Team Kalkine MediaSome experts argue that the share market is an economic and not a political barometer. Given interlinkages between economics and equity space, the micro and macroeconomic indicators continue to drive the American share market. However, there is no .....
With interest rate at an all-time low, how are Businesses managing their debt funding?
September 26, 2020 02:45 PM AEST| By Team Kalkine MediaBusinesses are facing the ravaging impact of COVID-19, regardless of how huge or successful they had been in the past. Most of the companies across the world have got hit by the coronavirus induced economic downturn and nationwide lockdown. They ha.....
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Copper Rally Halts– A Potential Casualty Over Supply Chain Restoration
September 25, 2020 09:42 PM AEST| By Team Kalkine MediaAn impressive recovery amid a sentiment splash has helped copper see strong rally. Copper prices rallied from USD 1.9795 per pound (intraday low on 19 March 2020) on COMEX to the recent high of USD 3.1210 per pound (intraday high on 21 September 20.....
