News

The TikTok saga finally comes to an end, all that you need to know
September 22, 2020 02:13 PM AEST| By Team Kalkine MediaFor the past few months, TikTok has been in the news for facing a ban from the United States over national security concerns. Now that the TikTok saga is finally coming to an end, ByteDance, the company who owns TikTok said that they would not tran.....

Global online jobs marketplace Airtasker hits NZ stores
September 21, 2020 10:39 PM AEST| By Team Kalkine MediaThe first wave of the virus had been hard enough for the New Zealand labour market, with many losing their jobs. The onset of pandemic disrupted the economy considerably. In March 2020, SME sectors lost nearly 24,000 employees, and about 200,000 pe.....

What advice to follow before purchasing bitcoin and other cryptocurrencies?
September 21, 2020 08:25 PM AEST| By Edita IvancevicIf you have been thinking about purchasing bitcoin, or other cryptocurrencies, since the pandemic started, you are not the only one that who given some thought to the idea. Crypto sales have been rising since the economies around the world started.....

DeFi Led Sentiments Keep Bitcoin Afloat
September 21, 2020 07:05 PM AEST| By Team Kalkine MediaBitcoin prices are finally rebounding after meeting the head and shoulder pattern’s price target. The currency has recovered from USD 9,964.10 (intraday low on 7 September 2020) to the present high of USD 11,127.00 (intraday high on 19 Septem.....

Bitcoin vs Gold: Can the cryptocurrency replace the oldest safe haven?
September 21, 2020 05:37 PM AEST| By Edita IvancevicIn the past few years, bitcoin has often been referred to as “the new gold”, because its value changes more like that of commodities than fiat currencies. This is also why more shareholders have taken an interest in cryptocurrency, as t.....

Spotify’s Internal Struggle Heats Up Over Hosting of Joe Rogan’s Podcast
September 21, 2020 03:56 PM AEST| By Team Kalkine MediaThe signing of a podcaster, Joe Rogan, to a multi-year exclusive licensing deal in May 2020 certainly gave a boost to Spotify Technology S.A. (NYSE:SPOT) share price, but then it also heated up an internal struggle in the Company. ‘The Joe R.....

Is the BNPL market heading towards PayPal dominance?
September 20, 2020 01:07 AM AEST| By Kunal SawhneyThe pandemic has taken a toll on the world economy with GDP growth declining in various countries. Earnings across various industries such as travel, hospitality, and financial sector took a hit. Ironically, the retail industry, especially online s.....

Crude oil recovering steadily, Tailwinds to drive the pace over 2020
September 20, 2020 12:59 AM AEST| By Team Kalkine MediaCrude oil prices slumped after 3 days of consecutive gains following the resumption of crude oil facilities in the Gulf of Mexico. Hurricane Sally finally diminished after disrupting oil operations for 5 days. The OPEC+ group had been maintaining d.....

Pet grooming services to reopen, families and industry welcome the move
September 20, 2020 12:38 AM AEST| By Kunal SawhneyWhen it comes to pets, many Australians are willing to go the extra mile for their pet's well being. In fact, according to the Animal Medicines Australia (AMA) study conducted in 2019, there are almost 29 million pets in Australia today, which is m.....

Yoshihide Suga takes over Japan’s reigns: A difficult road ahead?
September 19, 2020 12:00 AM AEST| By Team Kalkine MediaJapan’s longest-serving Prime Minister, Shinzo Abe steps down from the power on account of his chronic health issues. His abrupt departure, however, leaves a trail of challenges that would require dedicated focus from his successor, Chief Cab.....

Buffett-backed Snowflake Makes Bumper Market Debut, All That You Need to Know!
September 18, 2020 08:48 PM AEST| By Team Kalkine MediaWhile the IPO market went into a deep freeze in the first half of the year amidst COVID-19-induced fears, the market seems to be springing back to life on rebounding equities and economic recovery hopes. Tapping lucrative opportunity in the revivin.....

How is cryptocurrency going to be regulated in the EU?
September 18, 2020 07:49 PM AEST| By Edita IvancevicNot so long ago, most nations did not completely regulate cryptocurrencies. However, a recently leaked European Commission draft suggests that the EU will soon have laws and regulations that will monitor the capital gained from these digital assets.....

Why we do not understand Bitcoin?
September 18, 2020 07:23 PM AEST| By Edita IvancevicWhen bitcoin emerged back in 2009, no one would have thought it would come to the level where it is, at the present time. It was greeted with scepticism because everyone was used to fiat currencies, thinking that bitcoin was not genuine since it di.....

TikTok Jumping Through Hoops: Anticipated IPO & Hunt For A New CEO Amid White House Decision
September 18, 2020 06:16 PM AEST| By Team Kalkine MediaTikTok has become the hottest point of disagreement between the world’s biggest economies, the United States and China, which have battled over trade, security, and tech dominance amid growth virus spat. The popular short video app, especial.....

US stockpiles Dry up, a big boost for oil prices. Is oil headed higher from here?
September 18, 2020 05:57 PM AEST| By Team Kalkine MediaU.S. crude oil stockpiles are declining as imports from Saudi Arabia are declining and exports rising. The exports have increased by 1.2 million barrels per day, with China being the major consumer. China has imported nearly 1 million barrels per d.....

How Are Global Crude Oil Giants Responding to the New Normal?
September 18, 2020 03:38 PM AEST| By Team Kalkine MediaSaudi Arabia, the world’s largest crude oil producer, has been supplying crude oil at a price lower than international prices to China in order to capture higher market share. However, the market situation changed as China ran out of space to.....

Are Amazon, Tesla, and Alibaba the growth stocks in a slower economic growth world?
September 18, 2020 01:56 PM AEST| By Team Kalkine MediaThe impact of COVID-19 pandemic on the stock market is one such black swan event that caught nearly everybody by surprise, and has possibly impacted the businesses across several sectors Globally, coronavirus swallowed the growth made by numerous .....

Is the US set for low-interest rates for the next 3 years? The Fed believes so
September 17, 2020 11:11 PM AEST| By Team Kalkine MediaThe US Federal Reserve Board announced a major policy change on 27 August to keep low-interest rates and allowed inflation to run above 2% to support the labour market and broader economy. The new strategy that was detailed in a speech by Federal .....

COVID-19 Pandemic Vs Global Financial Crisis: NZ Economic Indicators Under the Spotlight
September 17, 2020 08:10 PM AEST| By Team Kalkine MediaThe magnitude of COVID-19 disaster was initially underestimated by the policymakers worldwide. However, deep repercussions of the pandemic have ignited debates of its close resemblance with the global financial crisis (GFC) of 2008-2009. At the tim.....

Snowflake Debuts on The Exchange at Mind-Numbing Valuations, Price/Sales >100x
September 17, 2020 06:46 PM AEST| By Team Kalkine MediaSnowflake Inc. made a debut at the New York Stock Exchange on Wednesday, 16 September. With the backing of Warren Buffet’s Berkshire Hathaway, the market hype around the stock remained immense, sending the stock over 100% on the first day of .....
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