News

MYOB Business Monitor: NZ SMEs still wary about economic recovery in...

The annual MYOB small and medium enterprise survey shows that SME sector of New Zealand remains wary about the possibility of further economic recover...

Good News For Crypto Lovers: Coinbase Allows Crypto Purchase Via Pay...

Summary Coinbase allows its customers to buy cryptocurrencies using bank accounts linked to PayPal. Coinbase’s users can purchase up to US$2...

Crucial events that can sway global markets this week

The rally in the global equity markets has flattened in last few months. Mixed macro numbers numbers and India’s burgeoning COVID-19 numbers are...

Is China a major threat to US national security?

Summary China is seen as a strategic competitor by the US. US-China relations revolve around competition for global power and technology usage. S...

3 Key Things That Will Shape Markets in the Coming Week

US stocks dropped on Friday but reported gains for April after expectations of strong earnings report. The week of April 30 came to a close with figu...

Global COVID-19 cases cross 152 million, India amongst top contribut...

Since the COVID-19 virus wreaked havoc on people's lives all over the world, nations have been struggling to fight infections that keep resurfacing du...

Global dealmaking is booming; and Wall Street is cashing on it

The global banks are seeing a massive surge in the revenues generated from their investment banking division as the global dealmaking is booming. Eur...

Guess Why Tesla Stock (NASDAQ-TSLA) Is Trending Today?

While the reasons may vary, one close guess could be the news of its ‘super’ charging station near the Everest base camp. The EV maker has...

Wall Street Closes Lower As Energy, Technology Stocks Fall

Major U.S. stock market benchmark indexes closed lower on Friday, April 30, as shares in the energy and technology sectors were on downward trajectory...

Exxon Mobil, Chevron Shares Decline Despite Reporting Quarterly Prof...

Shares of oil and gas majors Exxon Mobil Corporation (NYSE: XOM) and Chevron Corporation (NYSE: CVX) fell on April 30 after both the companies reporte...

How Central Banks' domestic gold purchase plan can formalise artisan...

Summary Artisanal and small-scale mining has grown significantly since the start of this century. There are various drawbacks of artisanal gold mi...

Big Tech gets bigger in March quarter

In the week gone by, five biggest tech companies – Apple Inc (NASDAQ:AAPL), Microsoft Corporation (NASDAQ:MSFT), Alphabet Inc (NASDAQ:GOOG), Ama...

Didi, ByteDance among top Chinese firms set for US IPO in 2021

Summary As many as 60 Chinese companies are lined up to launch IPO in the US. China's biggest unicorns ByteDance and Didi Chuxing may hit the US c...

Can Ethereum Surpass Bitcoin In Terms Of Market Cap?

Ethereum made headlines this week in April as the European Investment Bank (EIB) launched its "digital bond" sale worth US$128 million using the block...

Ether Hits All-Time High Taking the Spotlight Away from Bitcoin

Summary Ether rose to AU$3,500 on Thursday, achieving an all-time high for the cryptocurrency. The crypto’s rise has weakened Bitcoin’...

Game on for Crypto: Inverse ETFs Will Create a Bull Vs Bear Race

Summary Horizon ETF Management has launched the first inverse Bitcoin ETF, allowing investors to short crypto much in the same way investors can sh...

Rent Increase Could Further Deepen The NZ Housing Crisis

With the housing crisis in New Zealand beginning to become a nagging concern for the government and the people alike, there are new developments in te...

How have the stocks of Big 5 tech firms responded to their quarterly...

Marked by the results of the biggest five tech giants in the US, this week was probably the most crucial one of the ongoing earnings season. Alphabet,...

Will NZ Government Succeed In Putting The Brakes On Rising House Pri...

Summary Kiwi land witnessing a colossal rise in its house prices for over a year. Low interest rates, government assistance were some of the main...

Intel extends its partnership with Samsung to strengthen the cross-d...

Digitization is becoming noticeable in the present times where you look. The COVID-19 pandemic accelerated the digital transformation. It brought chal...