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News
New Zealand Not Happy About Five Eyes Alliance Growth
April 20, 2021 12:17 PM AEST| By Team Kalkine MediaSource: Tang Yan Song, Shutterstock Summary The Five Eyes Alliance was formed for co-operation on signals intelligence. However, the member countries are giving opinions and raising concerns about issues outside the stated realm, such as Hong...
Trip.com Jumps on Hong Kong Debut
April 20, 2021 11:07 AM AEST| By Team Kalkine MediaSource: Oleksiy Mark, Shutterstock Summary Trip.com shares traded 4% higher from their issue price on the first day of trading in Hong Kong. Proceeds are planned to be used for the expansion of offerings and improving user experience and...
PPG Industries Inc. Is at Record Peak, What to Expect Ahead?
April 19, 2021 08:24 PM AEST| By Team Kalkine Mediaositive trend for the stock but at the same time, an overbought condition. PPG Industries Inc. (NYSE: PPG) is a manufacturer of a wide range of coatings and specialty materials. PPG’s price has broken out of its all-time high on Friday and se...
Are Bitcoin Bears Gaining Strength or Bulls Retreating To Take a Leap?
April 19, 2021 08:00 PM AEST| By Team Kalkine Mediar band of channel pattern and the RSI (14-period) has formed a negative divergence. Bitcoin in just 3 months had rallied ~ 125.77 percent from the low of USD 28,745.55 made on January 2021 to a new lifetime high of USD 64,899.97 tested on...
Is Advanced Micro Devices Inc. Catching Momentum from Crucial Support Zone?
April 19, 2021 08:00 PM AEST| By Team Kalkine MediaSource: Macro photo, Shutterstock Summary Advanced Micro Devices (NASDAQ: AMD) gained 5.68% percent in the last trading session and was one of the top gainers in the NASDAQ 100 index. Last week, AMD had pierced through a downward trendline and...
Dogecoin has a tiger’s roar, soars 440% in a week
April 19, 2021 07:34 PM AEST| By Team Kalkine Mediaed as the cryptocurrency soars on sheer popularity and not on the underlying asset. Dogecoin has witnessed a rise of a staggering 18,000% from a year ago with the current market value of ~US$49 billion, according to CoinMarketCap. Over the past-...
Music to your ears? How podcasting is taking traditional media by storm
April 19, 2021 07:00 PM AEST| By Team Kalkine Mediado not. Joe Rogan’s Spotify deal is the largest in podcasting history. The COVID-19 pandemic has seen a plethora of listeners migrate to various niche podcasts. Most notably, the genre of true crime has attracted a large portion of liste....
Indian markets feel the heat as COVID-19 rattles the country
April 19, 2021 04:30 PM AEST| By Team Kalkine Mediaber of daily COVID-19 deaths – displacing Brazil The raging COVID-19 pandemic has wreaked havoc in India, the world’s second most populous country. On Monday, the equities in the country opened deep in red, despite most of its...
Asia markets open in green, COVID-19 wreak havoc in India
April 19, 2021 02:43 PM AEST| By Furquan MoharkanSource: REDPIXEL.PL, Shutterstock The Asian markets on Monday morning are seeing a positive opening with investors keenly watching developments in China’s Alibaba Group Holding Ltd (NYSE:BABA) and India’s worsening COVID-19 situation....
Is New Zealand’s Sauvignon Blanc The Best Wine To Have?
April 19, 2021 12:33 PM AEST| By RomaSource: Ievgenii Meyer, Shutterstock Summary Sauvignon Blanc is amongst the most loved New Zealand wines. Blends from Marlborough, Auckland, and Canterbury favourites across the globe. Despite COVID-19 crisis, the industry has done well in th...
Why are cryptocurrencies tumbling after stellar run last week?
April 19, 2021 11:20 AM AEST| By Furquan MoharkanSource:Ken stocker, Shutterstock Bitcoin, the world’s largest cryptocurrency, has been falling through the weekend, after witnessing a record run last week. Representative Image. © Chakisatelier | Megapixl.com On Sunday, in the intrad...
AIA, AIR Shares Move up As Quarantine-Free Trans-Tasman Travel Begins
April 19, 2021 10:32 AM AEST| By ManikaSource:Peshkova, Shutterstock Summary After 13 months, the quarantine-free travel between Australia and NZ resumes. Travel industry looks forward to international passengers. Governments on both the sides to wait and watch before opening up t...
COVID-19 Survivors May Need Only One Dose Of Vaccine, Says Study
April 18, 2021 06:13 PM AEST| By Shreya BiswasSource: Sorapop Udomsri, Shutterstock Summary A latest study has found that a single dose of the Pfizer-BioNTech or Moderna vaccine may be enough to provide immunity to COVID-19 survivors. The study was conducted by researchers at Los Angeles&...
Is A Third Vaccine Shot Required To Beat COVID-19? Pfizer Plans To Go Ahead With It
April 18, 2021 06:10 AM AEST| By Team Kalkine MediaSource: joel bubble ben, Shutterstock Summary Pfizer’s CEO expresses thoughts on administrating a third dose of the COVID-19 vaccine. It is pointed out that the present Pfizer vaccine is almost 95% effective in fighting the COVID-19...
NZ PM Ardern announces Trans-Tasman bubble. How are airlines preparing for it?
April 18, 2021 06:00 AM AEST| By Team Kalkine MediaSource: Jag_cz, Shutterstock Recently, a two-way quarantine-free bubble was announced by the New Zealand Prime Minister, Jacinda Ardern, which shall commence from 19 April 2021. This news was welcomed by Australia. Source: © Travelling-light...
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Bitcoin, an Irrational Exuberance?
April 17, 2021 09:11 PM AEST| By Team Kalkine MediaSource: Mc_Cloud, Shutterstock Bitcoin mania is everywhere. Read the last sentence again. The word ‘mania’ holds a lot of significance. By contrast, bitcoin itself is yet to find undisputed acceptance in global trade and commerce. A bri...
Record properties sold in March, S&P expects NZ house prices to drop
April 17, 2021 06:00 AM AEST| By Team Kalkine MediaSource: 89stocker, Shutterstock Summary The highest number of properties were sold in March. The NZ government announced many measures to fix housing crisis. S&P Global expects the NZ house prices to fall. Latest REINZ statistics for...
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Indian IT ADRs more than double in 1 year
April 17, 2021 05:16 AM AEST| By Furquan MoharkanSource: Jirapong Manustrong, Shutterstock The American Depository Receipts (ADRs) – Infosys Ltd (NYSE:INFY) and Wipro Ltd (NYSE: WIT) of two Indian companies have more than doubled in the past one year. And both have a similar story: both comp...
Facebook In Trouble Again, Faces Major Legal Action Over 2019 Data Leak
April 17, 2021 12:55 AM AEST| By Shreya BiswasSource: Camilo Concha, Shutterstock Summary Digital Rights Ireland(DRI), a digital rights advocacy agency, has announced that it will be initiating a “mass action” to sue Facebook over the massive user data breach of 2019. User inf...
Morgan Stanley net profits surge 150% in Q1
April 17, 2021 12:43 AM AEST| By Team Kalkine MediaUS$ 3.4 billion versus US$ 950 million last year. Quarter results also highlight a loss of US$ 911 million tied to Archegos. The American Banking major Morgan Stanley (NYSE:MS) has reported a blockbuster quarterly performance, with its net pro....
