News

Hyundai And Singtel Sign an MoU On Smart Mobility

Source: Mameraman,Shutterstock Summary Hyundai and Singtel Group have signed an MoU to collaborate on 5G-enabled smart manufacturing &...

Amazon To Offload Nearly 5% Stake From Deliveroo In IPO

Source:Sundry Photography, Shutterstock Summary Amazon could raise as much as US$148 million from its 5 percent stake sale in Deliveroo IPO. Th...

RBNZ voices concerns over Westpac’s breach of liquidity norms

i> APRA also took actions against Westpac due to liquidity issues in December. Reserve Bank has asked Westpac to take a closer look at its risk...

Now, You Can Pay In Bitcoins To Buy Tesla Cars

Source: Vitaliy Karimov, Shutterstock Summary Tesla becomes first auto major to allow the digital currency for car purchase in the US. The...

US Stocks Slip After Fed Chairman’s Comments

Source:ramcreations, Shutterstock Summary S&P 500 ticked down 0.76%, Dow Jones shed 0.94%, NASDAQ plunged 1.12%. Amazon to sell stake worth...

Jack Dorsey’s Tweet NFT Rakes In $2.9M, Will Musk Sell His NFT?

@Kalkine Media 2021 Twitter founder Jack Dorsey traded his first-ever tweet as a non-fungible token (NFT) for little over US$ 2.9 million on Monday,...

Manawatu-Wanganui Attracting NZ House Investors By Offering Big Capi...

Source: Fusionstudio, Shutterstock Earlier in March 2021, IMF stated that New Zealand government should consider using capital gains tax (CGT) to con...

2 NFT Stocks To Buy: Takung (TKAT) & JFIN

Source: pedrosala, Shutterstock Stocks of Takung Art Co. Ltd. (TKAT:US or NYSE: TKAT) have continued to rally and put up another stellar trading sess...

NZ & Australian Dollar Weak Against the USD

showed weakness against the USD, Australian and New Zealand Dollar remained firm Fall in Turkish Lira and softening of crude (oil) prices and iro...

New Zealand PM Ardern announces plans to combat housing crisis

Source: Brian A Jackson Shutterstock Summary NZ government has released a range of housing policies to increase housing supply and reduce i...

Apple Inc. hit with a US$308.5 Mn fine for DRM patent infringement

Source: nui7711, Shutterstock Summary Global tech giant Apple Inc. to pay Personalized Media Communications for the infringement of a paten...

KiwiSaver Simplicity to make investment in social housing

Source: Olsa_iv Shutterstock Summary Simplicity has committed NZ$20 million to Aotearoa Pledge, created by Community Finance. Aotearoa Ple...

US Markets Edge Higher After Tech, Cyclical Stocks Rally

Source:violetkaipa, Shutterstock Summary S&P 500 gained 0.70%, Dow Jones rose 0.32% and NASDAQ surged 1.23%. Canadian Pacific seals deal to...

Realtors Brace For Poor Home Sales Amid Supply Constraints

Source: WHYFRAME, Shutterstock Summary Home sales fell 6.6 percent in February as supplies continue to drop. The number of homes were down...

Canada’s February ETF Sales Surge On Newly Launched Crypto ETFs

Source: DedMityay, Shutterstock Summary Of the C$ 5.8 billion that Canadian exchange-traded funds (ETFs) secured in net sales for the month of F...

Auto industry back on track? Detroit 3 posts robust Q4 results

Source:Jenson, Shutterstock Summary The Detroit 3 automakers - Ford Motor, General Motors, and Fiat Chrysler Automobiles - posted robust earning...

Is US FED Also Slipping Into a Liquidity Trap Like the Bank of Japan...

Source: Freedomz, Shutterstock Summary Federal Reserve (Fed) could be getting into a liquidity trap Fed Chairman, Jerome Powell said last week...

New Zealand set to announce measures to curb surging housing prices

Source: Nopparat Khokthong, Shutterstock Summary The NZ government is set to lay out a range of measures to help first-time home buyers and incr...

4 Drone Stocks From Across The World To Watch In 2021

wing article details four drone companies working across the breadth of the industry. Drone technology has advanced to the point that serious con...

New Zealand government’s aid to be extended for COVID-19-hit aviatio...

Source:Svitlana Hulko, Shutterstock Summary Government has put down an additional NZ$170 million for the aviation sector. The extended support...