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News
Oil Price Volatility: Is Commodity Super Cycle Out of Order?
March 28, 2021 12:38 AM AEDT| By Team Kalkine MediaSource: Red ivory, Shutterstock Summary Oil prices have increased at a steady pace this year, with WTI Crude Oil price recording a gain of over 20 per cent. Heightened volatility in the oil prices this week has again sparked discussions around t...
General Motors Could Be The Next Big Company To Accept Bitcoin
March 27, 2021 02:46 PM AEDT| By Team Kalkine MediaSource: radhikarana, Shutterstock Summary General Motors is reportedly seeking feedback on how cryptocurrency could be used for partial or full payments. It seems Tesla's move could've spiked the 113-year-old company's interest in accepting cr...
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Why Are the Australian and NZ Bond Prices Rallying and Currencies Edging Lower?
March 27, 2021 03:10 AM AEDT| By ManikaSource: Andrii Yalanskyi, Shutterstock Summary Australian and NZ bonds rally, but bond yields go down. After holding up for several months, the NZ & the Australian dollars weaken. Low interest rates are being cited as the reason for these...
From FUD to HODL, 10 Crypto Slangs Every Investor Should Know!
March 27, 2021 01:29 AM AEDT| By Anuj@Kalkine Image 2020 Stock market-listed companies have fundamental terminology such as price-to-earnings ratio (P/E), debt-to-equity (D/E), return on equity (RoE), Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA), etc...
US Stocks End the Week on Positive Note
March 26, 2021 06:21 PM AEDT| By Team Kalkine MediaSource: Piyato, Shutterstock US markets edged higher on Friday, March 26, 2021, to close the week on a positive note as investors hedged their bets on economy-linked stocks such as energy, real estate, healthcare, consumer cyclical, and financial st...
EU could block vaccine export amid a shortage of AstraZeneca’s COVID-19 shots
March 26, 2021 05:45 PM AEDT| By Team Kalkine MediaSource: Juan Roballo, Shutterstock Summary With vaccination programs in Britain and the US moving far ahead, EU leaders have warned to block the vaccine supply. The EU stated that AstraZeneca intends to deliver just 100 million out of 300 mill...
Why Nike and H&M are facing backlash in China
March 26, 2021 05:36 PM AEDT| By Team Kalkine Media> Chinese celebrities are also disassociating themselves from these brands. In a fresh incident of re-emergence of tussle between China and Western countries, fashion brands H&M and Nike are facing a boycott in China. H&M and Nik...
Will Westpac's sale of its NZ business result in other Kiwi banks to follow suit?
March 26, 2021 05:00 PM AEDT| By Team Kalkine MediaSource: Dr. Victor Wong, Shutterstock On 24 March, Westpac Banking Corporation (NZX:WBC, ASX:WBC) revealed that the bank was looking at the sale of its NZ operations and was taking into consideration whether a demerger would be in the best interest...
Tracing Tesla's Trajectory: How it Fared in Last 5 Months?
March 26, 2021 04:57 PM AEDT| By DaminiSource: canadianPhotographer56, SHutterstock Summary Tesla’s stock has delivered an impressive return of over 50 per cent in the past five months. The Company has achieved several significant milestones over the recent months. The...
Traders find Silver Lining in the Natural gas price charts?
March 26, 2021 02:45 PM AEDT| By Team Kalkine Mediaing gas in underground storage fell by 11 Bfc for the week ending March 12, 2021. NYMEX Natural Gas Futures (NYME: NGc1) traded in a sharp upward trend from the latter half of June 2020 till October 2020, makinig a series of higher highs and hig...
Here’s Why Cboe Global Markets is Acquiring Chi-X Asia Pacific
March 26, 2021 12:02 PM AEDT| By Team Kalkine MediaSource: Who is Danny Shutterstock Summary Cboe Global Markets has reached a deal to acquire Chi-X Asia Pacific Holdings, which has core operations in Australia and Japan. The acquisition will accelerate Cboe's global expansion plans....
US Stocks End Higher Amid Jobs Data, Mixed Global Cues
March 26, 2021 09:27 AM AEDT| By Team Kalkine MediaSource:Ronnie Chua , Shutterstock Summary US unemployment rate fell to 6.2 percent in February after 379,000 people joined workforce. Chinese social media users blast Nike, H&M over comments on Uyghurs in Xinjiang. Chinese listed companie...
Think Twice Before You Spend Your Bitcoin For A Tesla!
March 26, 2021 02:56 AM AEDT| By Team Kalkine MediaImages: Pixabay Summary In the past, Elon Musk has been vocal about bitcoin and has backed it on Twitter. It is important to know about the tax implications in case you are planning to buy a Tesla car using bitcoin. To buy a car using bitcoin...
Is Black Gold Entering a Bearish Phase?
March 25, 2021 07:27 PM AEDT| By Team Kalkine MediaSource: Avigator Fortuner, Shutterstock Summary Recently, WTI Crude Oil plunged on demand concerns due to new pandemic curbs, however reversed sharply after Suez Canal was blocked. Germany and France expected to extend lockdown restrictions du...
Are Upcoming EV fleets An Answer To Rising Carbon Emissions?
March 25, 2021 07:23 PM AEDT| By Team Kalkine MediaSource: AVC Photo Studio, SHutterstock Of late, there have been increasing talks on the need for the shift to energy-efficient appliances, improvement in fuel efficiency, and usage of electric vehicles, amid increasing concerns on climate change. E...
Canada backs AstraZeneca’s COVID-19 vaccine but includes coagulation warning
March 25, 2021 04:50 PM AEDT| By Team Kalkine MediaSource:rafapress, Shutterstock Summary Health Canada confirmed AstraZeneca’s COVID-19 vaccine safety and stated that it had not obtained any reports citing thrombosis so far. The health department to add a warning indication to the vacci...
Did Sustainable Growth Get A Boost As An Aftermath Of COVID-19?
March 25, 2021 02:26 PM AEDT| By Romathe past year. The shift in the way customers think could be a game-changer The restrictions related to COVID-19 as unwelcome as they were, had some boons attached to them. Global warming and pollution reduced manifold and this led to a series....
NZ’s Westland All Set To Capture The Global Butter Market By Pumping In $40m
March 25, 2021 01:49 PM AEDT| By Team Kalkine MediaSource: TRMK, Shutterstock Kiwi Company, Westland Milk Products has set its eyes on the global butter market by investing $40 million to increase its production capacity. Source: © Squareplum | Megapixl.com Based in Hokitika, Westland...
US Stocks End Lower Despite Fightback
March 25, 2021 08:35 AM AEDT| By Team Kalkine MediaSource: SFIO CRACHO, Shutterstock Summary S&P 500 ticked down 0.55%, Dow Jones fell 0.01%, and NASDAQ plunged 2.01%. Chinese ride-hailing firm Didi Chuxing aims for a US$100-billion valuation in IPO debut. Intel Corp. to spend US$20...
Dented Risk Appetite Pushes Greenback to Four-Month High
March 24, 2021 11:15 PM AEDT| By DaminiSource: Deacons docs, Shutterstock Summary The US Dollar traded near its four-month high level on Wednesday as global markets’ concerns waned investors’ risk appetite. The potential US tax hikes, shutdowns in Europe and the intensi...
