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Unemployment Rate Goes North in September post Strong August Showing
October 16, 2020 05:59 PM AEDT| By Team Kalkine MediaEconomic analysts are pondering over the headline estimates of unemployment released by the Australian Bureau of Statistics. Australia’s unemployment rate grew 0.1% pnts to 6.9% in the month of September. According to ABS, 29,500 people.....
Hydrogen comes to Australia's rescue to meet net-zero emissions, ASX stocks in focus
October 16, 2020 05:48 PM AEDT| By Team Kalkine MediaAustralian companies engaged in the oil and gas business have been rooting for the use of hydrogen to meet the net-zero emission targets. According to studies, switching to hydrogen produced from renewable sources would be significantly cheaper tha.....
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Key Takeaways from Phillip Lowe’s stance on rate cuts and stimulus
October 16, 2020 02:25 PM AEDT| By Team Kalkine MediaRBA Governor Phillip Lowe hinted at the possibility of future rate cuts in his latest speech at Citi’s 12th Annual Australia and New Zealand Investment Conference in Sydney. Governor Lowe said that further aid is needed in order to promote mo.....
How is the Travel Sector shaping up in New Zealand, any New Year cheers?
October 16, 2020 02:18 AM AEDT| By Team Kalkine MediaTravel and tourism sector turned into the most observable victim of COVID-19 pandemic after New Zealand, along with the whole world, had imposed harsh lockdown restrictions and closed the borders to fight the coronavirus spread. The tourism .....
Will sand mining hit your celebrations? Coke fears so
October 16, 2020 02:07 AM AEDT| By Team Kalkine MediaSand mining gives rise to environmental issues like flora and fauna damages as well as depletion of the groundwater supplies. It involves digging deep pits in the ground, which can cause surface effluents to mix with the groundwater making it unfit.....
End of an Era for Yahoo Groups; Curtain Down After 20 Years
October 15, 2020 08:35 PM AEDT| By Team Kalkine MediaFor most of the people who had access to computers in the 90s and early 2000s, Yahoo used to rule the world of internet. Even before Google and Gmail existed, people spent a lot of time using various Yahoo services. After shutting down its iconic .....
Zoom Your Lens Over Bright Spots Dazzling in the NZ Economy
October 15, 2020 04:19 PM AEDT| By Team Kalkine MediaWhile Kiwi Land observed its worst economic contraction in June 2020 quarter amidst COVID-19-driven repercussions, the nation’s economy appears to be gradually resurrecting from the technical recession. NZ’s dedicated response in contai.....
Trump Goes All-in To Smash Rare Earth External Dependency, What’s in it For Australian Miners?
October 15, 2020 04:12 PM AEDT| By Team Kalkine MediaIn a fresh bid to cut-off dependency on imports for critical metals supply, the United States President Donald Trump issues another Executive Order - 13817 of December 2017. At present, the United States is majorly reliant on imports of critical m.....
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Wall Street on a roller coaster ride, Is the Market Thinking Beyond Elections
October 15, 2020 01:53 PM AEDT| By Team Kalkine MediaThe US tech stocks have marked a strong beginning to the current week and look to add more to the gains from the previous week. 12 October 2020 witnessed the common stocks of Apple Inc. (NASDAQ:AAPL) jump by 6.35%. Amazon.com, Inc (NASDAQ:AMZN) ex.....
Heartland Bank Creates History by launching NZ's lowest Home Loan rate
October 15, 2020 04:55 AM AEDT| By Team Kalkine MediaCoronavirus outbreak has caused mortgage rates in NZ to drop to all-time lows. Major banks are announcing low interest rates to boost up the economy and prompt Kiwis to spend more. Mortgage rates have been dropping since April and have now fallen .....
Coronavirus Update: Good News for International Students as New Zealand allows them on its soil
October 15, 2020 04:50 AM AEDT| By Team Kalkine MediaOn 16 March 2020, Prime Minister Jacinda Ardern imposed a mandatory self-isolation, on arrival to NZ, unless people were coming from mostly unaffected Pacific island countries. Some days subsequent to it, the country closed the borders of NZ entir.....
The Walt Disney Company (NYSE: DIS) sheds its old Avatar to aggressively take on Streaming Giant Netflix
October 15, 2020 12:12 AM AEDT| By Team Kalkine MediaNations across the world are struggling to fight the coronavirus crisis in many ways. The virus has successfully wreaked havoc across industries, shutting down many companies. Travel and entertainment sector is perhaps the most affected one. Leadin.....
Trump was gung-ho on Eli Lilly Drug; Company hits pause button for COVID-19 antibody treatment
October 14, 2020 10:33 PM AEDT| By Team Kalkine MediaThe clinical trial of pharmaceutical company Eli Lilly and Company’s antibody COVID-19 treatment was paused because of some potential safety concerns. Eli Lilly announced trial halt just a day after Johnson & Johnson disclosed the pause o.....
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Apple unveils HomePod Mini and a range of iPhones; accessibility remains the key theme
October 14, 2020 10:00 PM AEDT| By Team Kalkine MediaApple finally unveiled its new range of 5G network-enabled iPhone 12 smartphones along with HomePod Mini speaker in its virtual presentation. When everyone thought Apple would launch a new iPhone, it came up with four and launched a wide range of o.....
Re-Commerce a new trend? AirRobe gets support from investors with Afterpay Pedigree
October 14, 2020 01:51 PM AEDT| By Team Kalkine MediaOne of the latest trends in the retail fashion world is re-commerce, also known by the term reverse commerce. The model comprises the sale of previously owned or used goods. Though re-selling has been around for a long time, recently it h.....
Bank of England Ensuring Preparedness of Banks for A Negative Interest Rate Regime
October 14, 2020 01:41 PM AEDT| By Team Kalkine MediaUnited Kingdom’s apex bank, the Bank of England (BoE) has been leaving no stone unturned to resurrect nation’s economy. The bank had already pushed interest rates near zero during the peak of unprecedented crisis. The Bank of England ha.....
As New Zealand Election nears, should investors revisit their portfolio?
October 14, 2020 02:28 AM AEDT| By Kunal SawhneyMost of the time, it has been witnessed that stock market behaves bullish post the elections on the back of new commitments and policies of the winning party. In 2016, post the surprise win of Trump, the stock market has been upbeat for a considera.....
Funding for Lending (FLP) a big boon for NZX Banks
October 14, 2020 02:22 AM AEDT| By Team Kalkine MediaSeveral businesses have witnessed a disastrous fall in revenues as countries implement social distancing restrictions to control the spread of coronavirus. Governments and central banks are responding with massive stimulus programmes to prevent ban.....
Who is Amy Coney Barrett, Trump’s Supreme Court nominee?
October 14, 2020 02:09 AM AEDT| By Edita IvancevicAfter the tragic death of Ruth Bader Ginsburg, the Supreme Court Judge nominated by the former US President Bill Clinton, Judge Amy Coney Barrett is set to take over Ms Ginsburg’s place in the highest court in the world. Ms Barrett’s f.....
How is EV battle going; Is Volkswagen catching up with Tesla (NASDAQ:TSLA)?
October 13, 2020 08:34 PM AEDT| By Team Kalkine MediaTo save itself from extinction and recover its damaged image from the Dieselgate scandal, Volkswagen (VW) perhaps has the only option but to come out stronger as a greener automaker and reinvent its brand position in the market. Notably, Volkswagen.....
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