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News
How is the US Oil & Gas space developing post 2020 plunge and EV revolution?
February 02, 2021 03:10 AM AEDT| By Team Kalkine MediaSource:pan demin, Shutterstock Summary Oil prices have started recovering from the 2020 crisis on the back of the economic stimulus and the start of vaccine roll-out. How the staged vaccine roll-out and further restrictions in several geograph...
More Borrowing & Disinvestments in India’s 2021 Union Budget
February 01, 2021 11:31 PM AEDT| By Kunal SawhneyCanada and the US, which have a significant population of Indian origin, showed a keen interest in India’s annual budget presented in parliament on Monday by Finance Minister Nirmala Sitharaman. The Indian budget has drawn keen inter.....
Is NZ on its way to success yet again? Zero new COVID-19 case recorded on 1 February
February 01, 2021 07:37 PM AEDT| By Team Kalkine MediaNZ Ministry of Health updated on 1 February 2021 that it recorded zero new COVID-19 case. It was further reported that the previously reported single case has also recovered now. Besides this, there was another case which has now been classified as.....
Indian Government Proposes Ban on Cryptocurrency, What It Could Mean for Investors?
February 01, 2021 05:04 PM AEDT| By Kunal SawhneyThe cryptospace is poised to witness a drastic change with the introduction of a new bill in the Indian Parliament, seeking to bar all private cryptocurrencies in the Asian country. Parliamentary Bill to Ban Cryptocurrency Across India The Indian...
How GameStop short squeeze roiled Wall Street
February 01, 2021 02:57 PM AEDT| By Kunal SawhneyThe US stock market, beginning January 2021, witnessed a ‘short squeeze’ on select stocks such as GameStop amid a coordinated effort by retail investors on Reddit to keep their prices higher. Since the stock prices skyrocketed in no tim.....
Is NZ on track to slash its greenhouse gas emissions and achieve 2050 targets?
February 01, 2021 02:27 PM AEDT| By Team Kalkine MediaIn a recent report it has been revealed that New Zealand requires to further manage their greenhouse emissions in order to be able to meet the Paris Agreement. Over the span of the next few years there is need to bring down the levels of emissions .....
Medsafe could give its go-ahead to Pfizer-BioNtech vaccine Tuesday
February 01, 2021 01:25 PM AEDT| By Team Kalkine MediaOn 26 January 2021, NZ government declared that Medicines regulator Medsafe would take a decision on the approval of Pfizer and BioNTech vaccine after taking advice and recommendations from the Medicines Assessment Advisory Committee (MAAC). MAAC w.....
New Zealand’s trade balance positive for first time in 10 years
February 01, 2021 12:23 PM AEDT| By Mark O'DonnellThe value of imports that made into New Zealand in 2020 was $7.4 billion lower than in 2019. Total imports fell from $64.4 billion to $57.0 billion as supply chains were disrupted by COVID-19 and demand in NZ for exports dropped as well. Goods tha.....
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US shares end worst week since October; Dow down over 600 points
February 01, 2021 09:23 AM AEDT| By Team Kalkine MediaThe US benchmark equity indices closed Friday’s trade on a negative note after a rally in select stocks such as GameStop triggered volatility. The shares of GameStop surged nearly 68 per cent on Friday and 400 per cent last week. The stock ro.....
Republicans Downsize Biden’s Covid Package to USD 618 Billion
February 01, 2021 04:38 AM AEDT| By Team Kalkine MediaSource:bluebay, Shutterstock Summary Senate Republicans propose USD 618 billion in a toned-down version of Biden’s USD 1.9 trillion stimulus plan. Republicans exclude funding for state governments and local government and minimum wage hi...
Gold Had A Terrific 2020; How Did Platinum Fare?
January 31, 2021 12:33 AM AEDT| By Kunal SawhneyThe emphatic gold rally was seen at the start of 2020 in various parts of the world because of its limited supply and high demand as a safe-haven investment. COVID-19-driven lockdowns induced financial droops, globally, which further added.....
MPI’s Rural Community Hubs Programme focuses on the wellness of new moms
January 31, 2021 12:28 AM AEDT| By Kunal SawhneyIt was recently reported that The Ministry for Primary Industries had launched a project to manage the health and wellness of mothers staying in the rural Tapawera region of the Tasman. This mother’s group has been created by the Tapawera Con.....
Bitcoin Zooms Over US$38,000 Over Elon Musk’s New Twitter Profile Bio
January 30, 2021 03:02 PM AEDT| By Kunal SawhneyBitcoin (BTC) soared over US$ 38,000 per BTC on the back of Tesla (TSLA:US or NASDAQ: TSLA) CEO and founder Elon Musk’s new Twitter profile bio description ‘#bitcoin’. The largest crypto token flew from US$ 32,000 to US$ 36000 in.....
Two Retail Stocks That Are Creating A Buzz
January 30, 2021 03:19 AM AEDT| By Team Kalkine MediaSource: jayk67, Shutterstock Summary Retail companies experience high demand even during an economic slowdown, which is the why they witnessed an exponential growth over the past year. Some companies have outperformed expectations even th...
What Is Litecoin? How To Buy It?
January 30, 2021 01:30 AM AEDT| By Hina ChowdharyLitecoin is a private cryptocurrency that offers peer-to-peer payment service across the world. It claims to be a hassle-free gateway and has no regulatory obligations. The virtual coin was created in 2011 by Charlie Lee, former Google and .....
Mission Possible Partnership brings 400 global leaders to accelerate worldwide decarbonisation
January 30, 2021 01:23 AM AEDT| By Team Kalkine MediaThe Mission Possible Partnership (MPP), another alliance framed to quicken the decarbonisation of worldwide industries addressing 30% of worldwide emissions was launched on 27 January 2021, at the Davos Agenda. The MPP was formed on the back of fo.....
Crypto Exchange Coinbase Takes Direct Listing Route For Public Debut
January 29, 2021 10:40 PM AEDT| By Kunal SawhneyCryptocurrency exchange Coinbase Inc is planning to go public via the traditional direct listing route, it revealed in a blog post on Thursday, January 28. The US-based company has already submitted a draft registration form with the U.S. Securitie.....
Hottest Stock of The Year So Far, Gamestop Plunge as Platforms Block Trading
January 29, 2021 08:51 PM AEDT| By Team Kalkine MediaShares of US high street shop that sells games, consoles, and other electronics, GameStop Corp (NYSE: GME) nosedived by 55 per cent as trading platforms such as Robinhood and Interactive Brokers curbed buying of shares in the US games firm. The ban.....
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Is Robinhood Saving the Rich and Robbing the Poor?
January 29, 2021 04:27 PM AEDT| By Team Kalkine MediaThe year 2020 had been extraordinary for Robinhood, an online trading app that attracts the young and mostly first-time investors to its commission-free platform. It is especially designed to tempt the new video game-loving generation. Image sou.....
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Retail brokers block long trades on GameStop shares
January 29, 2021 04:20 PM AEDT| By Team Kalkine MediaFollowing days of wild frenzy, US games firm GameStop’s shares crashed 44% on Thursday. However, the stock also touched over $490 during the day. More importantly, GME stock was up 61.15% in the after-hours trading. Source © Kalkine G.....
