News

A Roller-Coaster Ride for Wall Street In 2020; What To Expect Ahead?
January 04, 2021 07:07 PM AEDT| By Team Kalkine MediaThe benchmark index S&P 500 has broken the ‘Rectangle Pattern’ at 3,602.50 level and prices made a new all-time high. After consolidating in the range for more than 3 months, the index registered a decisive breakout that suggests a .....
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India greenlights two COVID-19 vaccines for emergency use
January 04, 2021 06:06 PM AEDT| By Kunal SawhneyIndian drug regulator has authorised two COVID-19 vaccines for millions of Indians. The approval was received just hours after the country initiated a trial run of its massive vaccination program. Covaxin and Covishield got consent by the DCGI (Dr.....

Commodities Gaining Strength from the Green Energy Drive
January 04, 2021 05:58 PM AEDT| By Team Kalkine MediaThe green ambition finally seems to be picking some pace and might emerge as a major theme for the year 2021 with Biden sweeping away the election result with Green Energy being one of his moot points. The green energy space might also get highlight...

3 Chinese Telcos in the US off to a dismal start of 2021, booted out of NYSE
January 04, 2021 05:07 PM AEDT| By Team Kalkine MediaThe United States is intensifying its crackdown on Chinese companies listed on the US-based stock exchanges as three Chinese telcos are set to delist. Source © Kalkine Group 2020 Overseas companies can list their shares on the US sto.....
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Tesla in the fast lane: How the automaker drove its way into a stellar 2020
January 04, 2021 03:18 PM AEDT| By Team Kalkine MediaTesla Inc released a media statement on Saturday revealing its vehicle deliveries in 2020. Founder Elon Musk congratulated the Tesla team on Twitter for delivering 499,550 electric vehicles in 2020. The steady rise in the popularity and adoption of e...

Petroleum Helicopters International extends overseas foothold
January 04, 2021 02:31 PM AEDT| By Team Kalkine MediaPetroleum Helicopters International (PHI), Nelson-based international helicopter operator, established in 2017, provides customer-centric helicopter services and works across 4 continents. PHI takes up tough assignments within aviation, providing .....
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Bitcoin Hits New Record High, Sails Past USD 30,000
January 04, 2021 02:20 PM AEDT| By Hina ChowdharyBitcoin has started the year 2021 with quite a show after prices of the digital currency climbed the price ladder swiftly to surpass the level of USD 30,000 and establish a record high of USD 34,253.0 on Bitfinex (as on 3 January 2021). Image Sour...

GE’s new wind turbine has the power of 4 Boeing 747 jet engines
January 04, 2021 01:24 PM AEDT| By Edita Ivancevicare racing to build the most powerful wind turbine for futuristic sustainability. An American conglomerate, General Electric (GE) has manufactured a massive wind turbine prototype in Rotterdam, the Netherlands, currently thought to be the large....

COVID-19: Top US official says Wuhan lab leak most credible theory
January 04, 2021 12:54 PM AEDT| By Team Kalkine MediaIt has been one year since the world first confronted COVID-19, a deadly respiratory disease caused by the novel coronavirus, SARS-CoV-2. The colossal damage caused by the pandemic is evident from the fact that 83.32 million cases have been c.....

Three currency pairs gaining ground, what are chartists looking at in 2021?
January 04, 2021 12:09 PM AEDT| By Kunal SawhneyCurrencies have been a volatile so far over lower interest rate environment and economic meltdown on account of the COVID-19 outbreak. However, since the beginning of the March 2020 quarter many currency pairs have provided investors with superior re...

Shaun Hendy conferred with NZ Order of Merit honour for his quick COVID-19 response
January 04, 2021 12:00 PM AEDT| By Team Kalkine MediaYear 2020 has been difficult for people across the world with the coronavirus pandemic spewing hellfire over everything that came in its way. Besides irreparable loss of hundreds of thousands of lives, there has also been stifling losses incurred t.....

What All To Expect From Cryptocurrencies In 2021?
January 03, 2021 12:40 AM AEDT| By Team Kalkine MediaIn yet another milestone, Bitcoin breached US$ 29,000-mark on the second-last day of 2020. The cryptocurrency’s price has soared four times this year. Currently, just a fraction of investors and millennials know about some of the famous crypto...

Three pandemic-triggered travel changes that are here to stay
January 03, 2021 12:16 AM AEDT| By Team Kalkine MediaThe year 2020 has made it clear that few things will never remain the same because of the coronavirus pandemic. Such as - travelling. As the pandemic started, international travel came to a standstill. Slowly, the pandemic led to a change in the b.....

Bitcoin in 2020 - A Year of Low Interest Rate, Quantitative Easing, And Economic Drop-Off
January 02, 2021 12:41 AM AEDT| By Kunal SawhneyBitcoin has been the top performing asset of the year 2020 with its blistering price run being primarily supported by large institutional purchases. It has delivered a superior price return of more than 230 per cent on a YTD basis, outperforming all...

How was 2020 for Commodities and What is anticipated in 2021?
January 02, 2021 12:34 AM AEDT| By Team Kalkine MediaWe are entering a new year, and 2020 has been a volatile year for markets, be it equities or commodities. The COVID-19 pandemic pushed the major central banks and governments across the globe to take drastic measures to avoid the economy from sliding...

Major events that shaped the markets in 2020
January 01, 2021 12:59 AM AEDT| By Kunal SawhneyHaving changed our lives in myriad ways, the unprecedented year of 2020 is finally coming to an end. The year began with health and economic panic triggered by the COVID-19 infections and lockdowns across the globe. As per the WHO, the deadly virus...

Farmers Worried as NZ might be heading towards another drought in January
January 01, 2021 12:15 AM AEDT| By Team Kalkine MediaNew Zealand farmers may be in for another drought in upper northern parts, mostly north of Taupo. This is likely to put a lot of strain on the farmers. Drought conditions forecasted The farmers are still dealing with Hawke Bay’s drought los.....

How 2020 Panned Out for Interest Rate Scenario Across Major Economies?
December 31, 2020 07:36 PM AEDT| By Team Kalkine MediaCentral banks across the globe have resorted to low interest rates to stimulate economies suffering from a recession amidst the pandemic. Many countries have lowered their interest rates to never-before-seen levels, close to 0% in most cases. Sinc.....
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Bitcoin Shifting Value Proposition
December 31, 2020 06:58 PM AEDT| By Mark O'DonnellIn 2017-18, the crypto asset market was booming. By the closure of 2017, the market capitalisation stood at 566 Billion USD, up from 17 Billion one year prior. The boom was fuelled largely by the proposition that crypto assets (and their underlying t...

WHO warns coronavirus can become endemic; a wake-up call for 2021?
December 31, 2020 03:00 PM AEDT| By Kunal SawhneyThe ongoing COVID-19 pandemic has taken innumerable lives and caused enormous disruption to economies, families, and societies worldwide. According to the World Health Organization (WHO), there have ~80.77 million confirmed COVID-19 cases, includin.....
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