AUS
NZ
UK
CA
USA
FRA
GER
ESP
ITA
NLD
PRT
SWE
GRC
IND
POL
BRA
ZAF
RUS
CHN
UAE
Economy
Fitch Outlook For Top Canadian Banks Remains Negative
January 16, 2021 12:11 AM AEDT| By Hina ChowdharyThe persisting impact of the COVID-19 pandemic saw some of Canada’s top banking institutions remain in the negative zone in the latest review by Fitch Ratings. Barring two financial corporations, the New York-based credit rating agenc.....
UK’s economy shrank by 2.6 per cent in November
January 15, 2021 09:42 PM AEDT| By Hina ChowdharyThe gross domestic product of Britain fell by 2.6 per cent for November last year, according to latest data from the Office of National Statistics. This is the first step towards a double dip recession for the UK economy. The month’s .....
Housing Loan Commitments reach Record High in November 2020
January 15, 2021 05:25 PM AEDT| By Hina ChowdharyABS released the figures for new loan commitments that showed a record high level of new housing loan commitments for November. The total value of new housing loan commitments rose by 5.6% to reach a value of $24 billion in November. This was a 23......
Australia issues a stern response to Google’s new experiment
January 15, 2021 04:15 PM AEDT| By Edita Ivancevichas urged Google to focus on paying for the content instead of fully blocking it. Google is experimenting with its algorithms and has blocked commercial Australian news outlets from its search results on some users’ devices, the Australia....
Sharp rise in New Zealand’s house prices continues
January 15, 2021 03:27 PM AEDT| By Kunal SawhneyThe NZ property market is running red hot as the new data by REINZ in December showed the housing prices setting records for the fourth consecutive month. Swift rebound from COVID-19, record low interest rates, and tax system alterations, have led ho...
Are increasing bond yields an indication of looming inflation?
January 15, 2021 12:10 AM AEDT| By Mark O'DonnellThe yield on the NZ 10Y Government Bond has jumped 21.1 basis points in the past month. The 10Y bonds stood at a yield of 1.068% reflecting an increase from 14 December 2020 noted at 0.939%. As bond yields are typically tied to inflation (bo.....
Unit rents in Australian cities plummet to record lows
January 14, 2021 06:20 PM AEDT| By Edita Ivancevicand international students not being able to arrive in Australia in high numbers. Metropolitan cities of Sydney and Melbourne experienced record falls in unit rents, registering a 5.1 per cent dip in the December financial quarter due to travel....
.jpg)
Westpac (NZX:WBC) says large urban centres to drive NZ economy in 2021
January 14, 2021 04:48 PM AEDT| By Team Kalkine MediaA report by Westpac Banking Corporation (NZX:WBC, ASX:WBC) has revealed that large urban centres would be major drivers of NZ economy in 2021 with house prices playing a huge part. However, rural regions would persist to perform well, with farmers .....
What drove private sector house approval to 21-year high in November
January 14, 2021 02:17 PM AEDT| By Team Kalkine MediaContinuing the upward streak, private sector house approvals shot up for fifth straight month in November, clocking a 21-year high. The number of dwellings approved surged 2.6 per cent in November, supported by strength in Queensland and South Aust.....
How is Australian Property Market Tipped for 2021?
January 14, 2021 10:22 AM AEDT| By Team Kalkine MediaThe year 2021 may not pave as tumultuous a journey for housing prices as 2020. The Australian housing market experienced severe blows in the first half of the pandemic due to job loss and lack of adequate immigrants. Due to the demand shock to the .....
Fitch Ratings Declares NZ's Foreign Currency IDR at 'AA'
January 14, 2021 12:34 AM AEDT| By Mark O'DonnellFitch Ratings has recently confirmed New Zealand’s Foreign-Currency IDR as ‘AA’ while indicating a optimistic long-term outlook. AA indicates a very low default risk while the positive outlook indicates that the rating may be rais.....
New Ontario COVID Rules Favor Big-box Chains, Target Small Businesses: CFIB
January 13, 2021 10:59 PM AEDT| By Kunal SawhneyBusinesses in Ontario don’t seem to be very pleased with the new COVID lockdown rules that were announced on Tuesday, January 12. The Canadian Federation of Independent Business (CFIB), in an official release, accused the Ontario gov.....
.jpg)
Post Brexit scenario: NI food supplies disrupted
January 13, 2021 07:03 PM AEDT| By Team Kalkine MediaNorthern Ireland has seen shortages in few food products as retail chains adjust to the post-Brexit arrangements while importing food items from Great Britain. Since December 31, NI continued to remain a part of the European Union’s single ma.....
Job vacancies rise 23% in November quarter, beat pre-COVID levels
January 13, 2021 01:26 PM AEDT| By Team Kalkine MediaJobs vacancies in Australia rose by 23 per cent in the November 2020 quarter amid easing coronavirus-induced restrictions. The job vacancies were 12 per cent higher than November 2019 on an annual basis, according to the latest data from the Austra.....
Trudeau Cabinet Rejig: Garneau Is Foreign Minister, Champagne Industry Minister
January 13, 2021 02:07 AM AEDT| By Team Kalkine MediaIn a major shakeup, Canadian Prime Minister Justin Trudeau reshuffled some key portfolios of his ministers via a virtual swearing-in ceremony on January 12, 2021. The changes were prompted after Minister of Innovation, Science and Industry Navdeep Ba...
Brexit And Crucial Law Enforcement Activities: Joint Probes to Continue
January 12, 2021 10:19 PM AEDT| By Team Kalkine MediaOn Christmas eve, the United Kingdom signed a last-minute trade deal with the European Union to avoid the chaos that could have resulted in no-deal Brexit. However, keeping things for last minute and adhering to tight deadlines often lead to policy.....
Government is providing over $2 million under BRII
January 12, 2021 04:06 PM AEDT| By Hina ChowdharyAustralia’s Industry Science and Technology Minister Karen Andrews has launched the latest round of funding for Business Research and Innovation Initiative (BRII). Source © Kalkine Group 2021 The Government will provide grants .....
Planning to buy a property? Five questions to ask real estate agent
January 12, 2021 08:35 AM AEDT| By Team Kalkine MediaBuying a property is a demanding game since high stakes are involved in the process. The whole process can be tested both on psychological and financial fronts. It becomes all the more tricky when you are dealing with a real estate agent. Even as e.....
UK third lockdown: When can the restrictions be lifted?
January 11, 2021 11:08 PM AEDT| By Kunal SawhneyBritish Prime Minister Boris Johnson and his cabinet had taken a huge risk after deciding to announce the third lockdown on Wednesday (6 January) owing to the spike in coronavirus cases in the country. The step was taken because of the new variant.....
A sneak peek at Sydney’s new building projects
January 11, 2021 08:34 PM AEDT| By Edita IvancevicImage Source: Shutterstock The construction industry in Sydney was besotted with great difficulties in 2020, courtesy the coronavirus pandemic. However, the approval of multibillion-dollar projects in Sydney, New South Wales is expected to stave off...
Top Penny Picks under 20 Cents to Fit Your Pocket! Get Exclusive Report on Penny Stocks For FREE Now.