World news

Wealth of richest men doubled in pandemic, says Oxfam

Highlights The 2022 Oxfam report highlights that the collective wealth of the world’s top 10 richest men has doubled in the pandemic. About...

Walmart is ready to penetrate the Metaverse world

Highlights Renowned retailer Walmart is taking a leap into the Metaverse and blockchain technology. It aims to introduce NFTs and create its own c...

Will Tonga’s post-Tsunami crisis affect NZ economy as well?

Highlights  On 15 January, a major volcanic eruption occurred in the South-East Island of Tonga. Significant damage has been reported where a...

Why is Singapore alerting people against crypto marketing services?

Highlights Singapore’s Central Bank has issued guidelines to limit activities of crypto players for marketing or promoting their services to...

Why does China want to strengthen economic ties with New Zealand?

Even though diplomatic ties between China and New Zealand are getting strained, both countries are keen on deepening economic ties. An indication of t...

Credit Suisse chairman resigns over COVID-19 rules breach

Global conglomerate’s chairman Antonio Horta-Osorio has quit Switzerland-based bank Credit Suisse, on an internal probe over COVID-19 rules brea...

What led to Cardano’s price rise during weekend?

Highlights Cardano, the fifth most popular crypto worldwide, is seeing the maximum rise in its prices over the past seven days as compared to its p...

Has COVID-19 pandemic proven more hostile to developing economies?

Highlights  Unlike advanced economies, developing countries would not be able to achieve pre-pandemic economic levels by 2023. As per the WHO...

From Toyota to Audi: How leading carmakers are planning to go 100% e...

Highlights Of late, demand for electric vehicles (EV) have been rising with higher fossil fuel price being one of the prime reasons. Global EV sal...

Are there foreign policy challenges looming for NZ in 2022?

Highlights New Zealand faces several foreign policy challenges in 2022. The country’s top priority is its relations with China and how to ba...

World Bank slashes China’s growth figures

Coronavirus pandemic has played havoc on world economies. As the new year began, people globally were optimistic and had high hopes that their lives w...

Fujitsu wins iSAFE deal with SA’s Department for Correctional Servic...

Highlights  Fujitsu has won the iSAFE contract with the South Australian Department for Correctional Services (DSC). Under the contract, Fuji...

Rapid Antigen Tests for COVID-19: Savior in times of need

Highlights Rapid antigen tests are relatively easier to use and less time consuming than PCR tests. 15 different rapid antigen testing kits have b...

Global semiconductor shortage continues to hurt car buyers in 2022

Highlights  Due to ongoing supply chain disruptions and semiconductor shortages, new car buyers will have to suffer more in 2022. Covid-19...

Nasdaq tech stocks plunge 50% or more, echoing dot-com crash

On Thursday, a near-record number of US Nasdaq listed tech stocks plunged by 50% or more, echoing the dot-com crash. Around 4 in every 10 companies on...

Toyota unseats General Motors to become top car seller in US

Highlights  Japanese Carmaker Toyota surpasses General Motors to grab the title of top car seller in the US. GM has said that its total sales...

Australia cancels tennis player Novak Djokovic's visa

Highlights Novak Djokovic was not allowed to enter Australia as he could not fulfil the requirements to enter the country. Djokovic's Australian v...

Australia loses ‘unprecedented’ number of foreign diplomats in pande...

A 51-page incoming operational transient for Dfat’s (Department of Foreign Affairs and Trade) new secretary, Kathryn Campbell, reveals a fall in...

“50 Cognitive Biases” for the young: Elon Musk

What is a mind? Scientists are still working to decipher the enigma of the human conscious and subconscious mind. Suppose you ask what the most intri...

Theranos founder Elizabeth Holmes guilty of criminal fraud

Elizabeth Holmes, the 37-year-old founder of Theranos, is now a convicted fraudster. The famous youngest female billionaire of America, Holmes was fou...