World news

Historic! Biogen’s aducanumab becomes the first FDA-approved Alzheim...
June 07, 2021 10:14 PM PDT | By Tripti JoshiSummary Biogen has received accelerated approval from the Food and Drug Administration (FDA) for its Alzheimer’s disease (AD) treatment, aduc...

Kiwis make their mark on Queen's Birthday 2021 Honours List
June 07, 2021 10:10 PM PDT | By Jasmine AnandSummary The Queen's official birthday is celebrated in June, with the Trooping the Colour parade as the major highlight. Several New Zealanders ar...

Money For Nothing? The Economic Marketplace of Art
June 07, 2021 09:28 PM PDT | By Daniel Paul JohnsSummary The world of art has always encompassed a society often mocked for its pretentiousness, paying through the nose for works that on the surfa...

Is NZ moving slow in its vaccination roll-out?
June 07, 2021 08:03 PM PDT | By RomaThe pace of the coronavirus vaccine roll-outs in the world is something that is on focus at the moment with some doing better than others in terms of...

APAC shares in green, ASX 200 the best performer; Japanese GDP beats...
June 07, 2021 06:58 PM PDT | By Furquan MoharkanSummary APAC markets are in the green after the Japanese economy performed better than the estimates. China is trading in the red. The ASX 200 is...

India offers free COVID-19 vaccines to all as daily cases hit 68-day...
June 07, 2021 06:12 PM PDT | By Furquan MoharkanSummary India has declared to offer free vaccines to all adults. The move comes a week after the top court lashed out at the central government fo...

Second high-profile exit: Another Tesla veteran quits
June 07, 2021 05:58 PM PDT | By Furquan MoharkanSummary Tesla veteran Jerome Guillen quits the EV maker. Move comes just three months after he was appointed the head of trucking business. He is...

US Stocks Start Week On Hesitant Note As Blue-Chips Retreat
June 07, 2021 03:30 PM PDT | By Sanjeeb BaruahBenchmark US indices began the week with a subdued note on Monday as investors returned to a new trading session following their weekend break. The S...

Role of mRNA vaccines in combating COVID-19: Pros & Cons
June 06, 2021 10:29 PM PDT | By Tripti JoshiSummary Scientists have been examining messenger RNA (mRNA) vaccines for decades and have gained attention as an important way to tackle COVID-19....

Tesla pulls the plug on Model S Plaid Plus plan
June 06, 2021 09:57 PM PDT | By Furquan MoharkanAmerican electric vehicle maker Tesla Inc (NASDAQ:TSLA) has officially cancelled the most expensive variant of its flagship sedan – the Model S...

APAC markets mixed as China trade data misses estimates
June 06, 2021 09:15 PM PDT | By Furquan MoharkanSummary APAC markets are a mixed bag after China trade numbers missed the estimates. China and Australia are trading in the red. Japan and Korea...

How is virtual reality transforming the healthcare sector?
June 06, 2021 07:19 PM PDT | By Tripti JoshiSummary Virtual reality (VR) in the healthcare sector is in a nascent stage. However, it is gaining popularity as many healthcare organizations hav...

What is PMI and why is it important?
June 06, 2021 06:03 PM PDT | By Furquan MoharkanThe Purchasing Managers’ Index (PMI) has been in news all through the last two weeks. Many countries across the world released their PMI numbers...

G7 Group Strikes Deal On Taxing Multinationals
June 06, 2021 12:33 AM PDT | By Raza NaqviIn an unprecedented move on Saturday, June 5, the Group of Seven (G7) countries struck a historic deal to overhaul international laws stopping corpora...
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Which are the three best-performing stock indices this year?
June 05, 2021 07:36 AM PDT | By Furquan MoharkanThe stock markets across the globe have continued the last year’s bull-run in 2021. Most markets across the globe have seen huge wealth creation...

US Markets End Week On High Note As Tech Stocks Roar Back
June 04, 2021 02:29 PM PDT | By Sanjeeb BaruahBenchmark US indices closed the week on a high note on Friday, June 5, as all segments saw broad gains led by bluechip technology stocks and reassurin...

What is New Zealand’s energy mix? How does it plan to reduce carbon...
June 04, 2021 01:20 AM PDT | By SonalNew Zealand has a well-developed energy sector. Roughly 60% of the energy supply of New Zealand comes from oil, coal, and gas, while the remaining 40%...

APAC markets in green; ASX200 up 0.37%
June 03, 2021 10:15 PM PDT | By Furquan MoharkanSummary APAC markets have been unaffected by Biden ban China markets among top performers in the region Australia markets continue winning strea...

Biden bans US investments into 59 Chinese firms
June 03, 2021 08:46 PM PDT | By Furquan MoharkanSummary Biden bars American from investing in 59 more companies. The US president has signed an executive order to this effect. Trump had already...

New Zealand Upgrade Programme rebalanced after cost blowout
June 03, 2021 07:53 PM PDT | By SonalThe New Zealand government has announced to increase investment in the New Zealand Upgrade Programme (NZUP) to support the country’s economic re...