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News
Eutelsat and RCG stitch a deal to improve telecom connectivity at Catham Islands
April 08, 2021 04:46 PM AEST| By Team Kalkine MediaSource: ShutterOK, Shutterstock Summary Eutelsat Communications and RCG have come together to bring an upgraded telecommunications network to NZ’s Chatham Islands. RCG will leverage the EUTELSAT 172B satellite to get support in providing...
Banks Can Take a Leaf Out of Jamie Dimon’s Speech
April 08, 2021 03:38 PM AEST| By Furquan MoharkanSource: Johnstocker Production, Shutterstock In his annual speech to the shareholders, the CEO of world’s fifth largest bank JP Morgan (NYSE: JPM) – Jamie Dimon – highlighted the importance of guarded approach that any financi...
Bitcoin vs Ethereum: Where to invest?
April 08, 2021 11:47 AM AEST| By AayushBitcoin and Ethereum have different networks aligned to their primary objective. Bitcoin (BTC) and Ethereum (ETC) are two of the most widely recognized, traded and used cryptocurrencies in the world. Bitcoin is one of the oldest cryptocurrenci.....
NZ Climate Commission Announces Big Steps for a Greener Tomorrow
April 08, 2021 11:35 AM AEST| By Team Kalkine MediaSource:24Novembers, Shutterstock Summary The NZ government announces new plan of action for fossil fuel conservation. Aims to take away pressure off fossils by the next decade. Students to be a part of the Climate Change Campus programme sinc...
Who Are the Crypto Billionaires of 2021?
April 08, 2021 11:31 AM AEST| By Furquan MoharkanSource:Lukasz Stefanski, Shutterstock The cryptocurrencies have been the talk of the town across the globe in the recent past – from high returns to various federal governments trying to resist its rise. But despite the noise and uncertainty s...
Guardians of NZ Superannuation appoints for key positions
April 08, 2021 06:00 AM AEST| By Team Kalkine MediaSource: Stokkete, Shutterstock Summary The Guardians of New Zealand Superannuation has made 2 key appointments. Paula Steed has been hired as GM, finance and investment operations, and Mark Fennell has been hired as GM, risk. Last year, Guard...
XRP Tops $1-Mark, Is Ripple Back In The Game?
April 08, 2021 02:16 AM AEST| By AnujSource:Travis Wolfe, Shutterstock Ripple’s crypto coin, XRP, surged to US$ 1.12 per token on April 6. This is a massive rebound for the currency, which posted its record high of US$ 3.31 in 2018. XRP token skyrocketed as much as 86 per cent o...
INR puts worst show in 20 months on fears of liquidity glut
April 08, 2021 01:23 AM AEST| By Team Kalkine MediaSource: saisnaps, Shutterstock The Indian Rupee (INR) has put up its worst intra-day show in 20 months on concerns of liquidity glut induced by the Reserve Bank of India’s (RBI) proposed bond buying plans. At the interbank foreign exchange ma...
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Ahead Of Canadian Federal Budget, Calls Mount For 'She-Covery'
April 08, 2021 01:00 AM AEST| By Team Kalkine MediaSource: fizkes, Shutterstock Summary The accommodation and food industry, which employs more women, is probably the hardest-hit segment in the pandemic. Half a million women who lost their jobs during the COVID-19 crisis didn't return to their...
UK services economy returns to growth in March, strongest optimism seen since Dec 2006: survey
April 07, 2021 08:48 PM AEST| By AbhijeetSource: Rawpixel.com, Shutterstock Summary The UK services economy has returned to growth in March 2021. The March 2021 reading is notch above from March 2020. The IHS Markit/CIPS UK Services PMI grew to 56.3. The survey has signalled stronge...
IMF Raises 2021 US Growth Forecast To 6.4%
April 07, 2021 05:49 PM AEST| By Team Kalkine MediaSource: DCStockPhotography, Shutterstock Summary Global economy is estimated to grow 6 percent in 2021 after contracting 3.3 percent in 2020. Additional fiscal support in a few large economies particularly the U.S. boosted the outlook. Global e...
US Adds 916,000 Jobs in March; Jobless Rate Down 6%
April 07, 2021 05:26 PM AEST| By Team Kalkine MediaSource: Pixabay Summary Job growth in March highest since August 2020. Unemployment rate dropped 0.2 percent from February. Employment still down by 8.4 million from the pre-pandemic high in February 2020. The U.S. economy added 916,000...
Daifuku chosen to modernise NZ Post’s processing operations
April 07, 2021 05:01 PM AEST| By Team Kalkine Medial delivery competencies. The project will be completed in early 2023. New Zealand Post (NZ Post) has chosen Daifuku to offer the single biggest material handling investment initiative within New Zealand in modern history. Daifaku Oceania is a l...
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IMF ups the growth forecast; India to grow fastest
April 07, 2021 12:46 PM AEST| By Team Kalkine MediaSource: kan_chana, Shutterstock Aided by a lower base, the International Monetary Fund (I.M.F.) expects the world economy to rebound by 6% in 2021, after a complete economic washout in 2020 due to Coronavirus pandemic. © Bumbleedee | Megapix...
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Should AstraZeneca Jabs Continue to be a Cause for Worry?
April 07, 2021 11:25 AM AEST| By RomaSource:winston, Shutterstock Summary Deaths reported after the administration of the AstraZeneca jab. Rare blood-clotting complication could be the reason for deaths. The UK health regulator urges people to take the coronavirus vaccine, cause...
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Waikato gets connected with Auckland through Te Huia train service
April 07, 2021 08:34 AM AEST| By RomaSource:rvj, Shutterstock A new train service between Auckland and Waikato has started recently. This has been a cause for concern for a while as there was no proper connectivity between these two points. g. The launch of this new Te Huia Service is...
2 Crypto Stocks To Buy As Cryptocurrencies MCap Tops $2-Trillion
April 07, 2021 02:19 AM AEST| By AnujSource:Wit Olszewski, Shutterstock For the first time in history, market cap of cryptocurrencies breached the US$ 2-trillion milestone on Tuesday, April 6, signaling 2x growth in just two months. The surge was guided by mainstream acceptance and ris...
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Marathon (NASDAQ:MARA) Stocks Up 12,209%: Should You Buy?
April 06, 2021 10:33 PM AEST| By Shreya BiswasSource: pedrosala, Shutterstock Summary Stocks of cryptocurrency miner Marathon Digital Holdings (NASDAQ:MARA, MARA:US) shot up by nearly 16 per cent on Monday, April 5. Focused on the business of mining digital assets, Marathon Digital has be...
Oil Stamps Domination: Atleast That’s What Benchmarks Tell
April 06, 2021 07:59 PM AEST| By Furquan MoharkanShare Index while green index rejig has impacted New Zealand stock market The stock markets have been on steroids after the central banks across the globe started pumping in the liquidity in their respective economies. As monies started flowing....
UK Mid-Sized Businesses Plan A Hiring Drive to Spearhead Growth: BDO Survey
April 06, 2021 07:29 PM AEST| By AbhijeetSource: TheCorgi, Shutterstock Summary According to BDO survey, 86 per cent of the survey respondents wish to hire more staff in the next six months. Three-fourths of the businesses surveyed expect to come back to the pre-pandemic revenue size...
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