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Economy
Will New Zealand’s Q1 GDP numbers have an impact on the monetary policy stance?
June 15, 2021 12:58 PM AEST| By ManikaSummary March quarter GDP numbers to be revealed on 17 June. Whether GDP numbers will increase or dip, is the question? Most say, GDP will show an increase in view of the latest updates on NZ’s economic recovery. The Q1 GDP numbers .....
US oil prices hit 2-year high as demand soars
June 15, 2021 09:22 AM AEST| By Team Kalkine MediaCrude oil prices in the US hit US$71.48 a barrel on Monday, June 14, the highest in the last two-and-half-years. Oil prices have doubled since October last year and are expected to remain high as demand continues to rise with the easing of b.....
Deep dive into New Zealand Property Market
June 14, 2021 04:59 PM AEST| By SonalGiven the country's tiny population and enormous geographic mass, real estate in New Zealand is relatively costly. This has been the case due to steady increases in property prices for many years, which have coincided with consistently excellent...
COVID-19 loosens grip on India, shifts wrath towards other nations
June 14, 2021 12:27 AM AEST| By Furquan MoharkanAs the second wave of the COVID-19 pandemic in India seems to be tapering off, many middle-income nations across the world have started seeing a massive spike in the number of cases. India, for the past four consecutive days, has reported less than...
How US Firms Helping To Remove Polluting Landfill Trash
June 13, 2021 12:03 AM AEST| By Team Kalkine MediaSummary US companies are adopting new technologies to curb greenhouse gas emissions, ensuring industrial safety, safeguarding public health and the environment. The waste-to-energy projects are safe and technologically sound - converting waste,.....
Average asking prices for New Zealand houses soar 17% in May, price growth to slow in 2021
June 12, 2021 06:00 AM AEST| By SonalHouse prices in New Zealand are on a relentless rise in May as well, hitting a high for the 9th consecutive month. New property statistics released by Trade Me Property show that the average asking price for houses have risen 17% annually to reach $...
What Is the UK Doing About the Climate Challenge?
June 12, 2021 12:43 AM AEST| By Suhita PoddarSummary Climate change threat is increasing every day, with the world having touched 419 parts per million of CO2 in the atmosphere in May 2021, the highest ever on record. The UK’s ambitious net zero targets and its plan to decarbonise s.....
Ocean Conservation: What Are Nations Doing to Protect Their Underwater Habitats?
June 12, 2021 12:25 AM AEST| By Team Kalkine MediaGreenpeace UK, on World Oceans Day, launched a six-month operation called ‘Operation Ocean Witness’ for patrolling the coasts of the UK. Its ship, called the Sea Beaver, would be on a patrol of the protected areas located off the southe.....
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UK Economy in April Records Its Fastest Growth Since July 2020
June 11, 2021 10:09 PM AEST| By Kamalika GhoshSummary UK’s GDP grew by 2.3% in April, its fastest growth since July 2020. Mining and quarrying sank sharply by 15% due to planned temporary shutdowns of oil production fields. Services sector recorded a growth of 3.4%, as consumer-faci.....
UK construction output soars 77% in April 2021, highest growth rate on record
June 11, 2021 08:53 PM AEST| By AbhijeetContinuing the upward trend of economic reversal, the macroeconomic factors showcased a meaningful rise in April 2021 led by a strong bounce back in all the major components including the construction output, manufacturing and industrial production.....
New Atlantic Charter to Be Signed in Bilateral Meeting of Boris and Biden
June 11, 2021 07:04 PM AEST| By Kamalika GhoshSummary Boris Johnson and Joe Biden met for the first time in the seaside resort of Carbis Bay. The new document read that the two nations remained united on the spirit of territorial integrity, peaceful resolution of tensions, and sovereignty......
New Zealand manufacturing on a slow but steady growth path
June 11, 2021 05:08 PM AEST| By ManikaSummary May manufacturing activity has shown improvement over April. Its PMI is 58.6, slightly higher over April’s 56.4. Manufacturing sector still faces challenges due to higher input costs and supply-chain disruptions. Manufacturi.....
US Consumer Prices Jump 5% in May, the Highest In 13 Years
June 11, 2021 07:41 AM AEST| By Team Kalkine MediaSummary Prices of used vehicles, airfares, hotel rooms, and apparels have gone up. It was the highest jump in prices since August 2008, when it was 5.4%. However, minus the energy and food prices, the core price index grew by 3.8% in May com.....
Are The UK-EU Talks on Northern Ireland on The Verge of a Collapse?
June 10, 2021 06:34 PM AEST| By Suhita PoddarSummary EU has threatened Britain over post-Brexit Northern Ireland trade. If required, the EU could go in for any type of action required – be it legal, retaliatory, arbitration or tariff based. Britain has requested the bloc to be more.....
New Zealand May 2021’s Card Spending witnesses a Surge
June 10, 2021 02:12 PM AEST| By Jasmine AnandSummary New Zealand sees an increase in its retail card spending owing to the successful handling of the pandemic and opening of the trans-Tasman bubble The consumer confidence levels have now increased, resulting in strong growth in Kiwis&rsqu.....
What Is Important To Our Health And Wellbeing?
June 10, 2021 12:33 AM AEST| By Team Kalkine MediaAs the pandemic rages on into its second year, the necessity of taking care of one’s health and wellbeing has taken an even greater degree of importance in today’s world. Living in good health and having a sense of wellbeing is central .....
Irish Premier Urges UK and EU to Calmly Resolve NI Protocol Related Issues
June 09, 2021 06:47 PM AEST| By Kamalika GhoshSummary The Irish premier has called upon David Frost, the British Brexit Minister, to engage with Maros Sefcovic, Vice President, European Commission to amicably sort out the row. The supplies of food and medicines from the UK to the NI are di.....
March 2021 quarter sees a jump in electricity, wholesale sales in New Zealand
June 09, 2021 12:07 PM AEST| By SonalThe business financial data released today revealed actual sales values of 26 industries for the March 2021 quarter . The data comprises purchases, sales, wages and salaries as well as operating profit from most market industries in the NZ economy....
Eyeing tax credits in 2021? All about frauds & renewals
June 08, 2021 02:41 AM AEST| By AbhijeetSummary Tax credits are typically extra payouts from the government Mostly, the low-income individuals are eligible claimants In 12 months to 30 April 2021, phone scams rose 135 per cent The personal earnings of individuals have taken a n.....
UK’s Business Confidence At 7-Year High in May but Delta Variant Can Play Party Pooper
June 07, 2021 07:22 PM AEST| By Kamalika GhoshSummary UK’s business confidence soared to a seven-year high in May, according to the latest Business Trends by BDO. The easing of restrictions under the exit roadmap has played a part in upping sentiments. Services sector index included.....
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