News

NZ to have quick rate hikes, signals RBNZ Governor
February 25, 2022 02:03 PM AEDT| By Team Kalkine MediaHighlights The Central Bank faces a tough choice of tackling inflation amid the pandemic. Some critics say that the Reserve Bank is moving too slow. An ANZ economist says it is a difficult balancing act. New Zealand central bank Governor .....

Crypto Catch: Bitcoin bounces back to US$38,500; Ukraine puts limit on cash withdrawals
February 25, 2022 01:54 PM AEDT| By Daniel Paul JohnsHighlights Ukraine Prime Minister, Volodymyr Zelensky has declared martial law and put restrictions on bank services across the nation. The restrictions make no mention of cryptocurrency, which the Ukraine has been working hard to regulate in t.....

Brent hits US$105/bbl as Russia attacks Ukraine
February 25, 2022 01:47 PM AEDT| By Arpit VermaHighlights Brent Crude oil prices hit the mark of US$105/bbl on Thursday. The tension escalated on Thursday after Russian President, Vladimir Putin officially announced the war. The US sanctions on Russia are expected to create chaos in the gl.....

When did Australia last increase its interest rates?
February 25, 2022 01:37 PM AEDT| By Akanksha VashishtHighlights Australia is experiencing one of the longest periods of low cash rate maintained at 10 basis points. The rate hike expected this year would be the first in around 12 years of Australian history. The real effects of the government&rs.....

What is Wolf Game Wool (WOOL) crypto?
February 25, 2022 10:31 AM AEDT| By Rupam RoyHighlights The WOOL token's trading volume was up over 135% on Feb 24. It reached an all-time high of US$0.5405 in January 2022. The global crypto market tumbled over 6% on Thursday afternoon. The play-to-earn cryptos are catching the att.....
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Crypto market slide continues; here’s how top 5 assets performed
February 25, 2022 07:27 AM AEDT| By Versha JainAs Russia-Ukraine tensions escalated, the global crypto market nosedived by nearly 9% on Thursday morning. Bitcoin, the world’s largest cryptocurrency by market share, shed over 7%. The Ukraine events triggered a massive slide in the global .....

How Russia-Ukraine war could hamper the combat on climate change
February 25, 2022 05:27 AM AEDT| By Team Kalkine MediaHighlights Since the fall of the Soviet Union, the relations between Ukraine and Russia have become stressful. High gas prices have already encouraged production and consumption of dirtier fuels, which is causing global warming. In 1986, the C.....

PPL, AOI, PMT, OBE & AAV: 5 TSX stocks to see amid Russia-Ukraine crisis
February 25, 2022 05:16 AM AEDT| By Kajal JainInvestors’ concerns about the rising tensions between Russia and Ukraine have taken a turn for the worse with Russian President Vladimir Putin launching an operation to invade Ukraine. Brent prices, for one, broke the US$ 100-mark on Thursda.....

How Uphold can change crypto trading in UK after FCA’s go-ahead
February 25, 2022 01:43 AM AEDT| By Manu ShankarHighlights Uphold is a subsidiary of a US-based crypto trading platform, which was recently registered as a crypto-asset firm in the UK. On 23 February, Uphold got a nod from the Financial Conduct Authority (FCA) to operate in the country. Wit.....

Decentraland, Axie Infinity & The Sandbox: Top 3 metaverse cryptos
February 24, 2022 11:39 PM AEDT| By Ankit SethiHighlights Metaverse is a sub-category within cryptos, and brands like Adidas have joined the frenzy Blockchain games are usually considered as metaverses as they have a similar virtual world In-game digital assets including NFTs are a m.....

Why is Voxies (VOXEL) crypto trending?
February 24, 2022 10:56 PM AEDT| By Manu ShankarHighlights Launched in 2021 by AlwaysGeeky Games, the Voxies (VOXEL) crypto is a fast-paced Free-to-Play Tactics RPG game. Powered by the Polygon Network, the VOXEL crypto offers the players true ownership as one can earn cryptos and in-gam.....
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What is Biconomy (BICO) crypto? Know price and performance
February 24, 2022 10:13 PM AEDT| By Rupam RoyDigital currencies or crypto have gained immense popularity in recent years. Various blockchain platforms like Polygon and other companies focus on developing the next expected big thing in the technology sector, Web3 or Web 3.0. With Web3 in focu.....

Russia-Ukraine war: Possible impact on cryptos & can BTC prove utility?
February 24, 2022 09:32 PM AEDT| By Ankit SethiHighlights The Ukraine crisis has possibly caused cryptocurrencies to fall in value, similar to listed stocks Bitcoin is a digital currency, and it may be that during and after the war, it demonstrates some utility Initially dampened by the pa.....

Now you can buy NFTs at brick-and-mortar store. See how
February 24, 2022 09:27 PM AEDT| By Manu ShankarThe NFT space is warming up again. Enthusiasts keen on buying non-fungible tokens, or NFTs, can now visit the vending machine in Manhattan City in the US to buy them 24X7. NFT, which was largely existed in the digital format till now, will make a b.....

Why is DIA crypto skyrocketing in an otherwise crashing market?
February 24, 2022 09:04 PM AEDT| By Raza NaqviThe world woke up to the news of Russia initiating military action against Ukraine as tensions kept escalating over the past few weeks. Due to the crisis between both nations, the stock market investors are responding negatively to the news. Both .....

Gold, Crude oil, and Aluminium: 3 Commodities to keep an eye on as Russia invades Ukraine
February 24, 2022 07:55 PM AEDT| By Arpit VermaVladimir Putin, the Russian President, announced a military operation in Ukraine in the wee hours on Thursday after several weeks of intense diplomacy and a flurry of Western sanctions on Russia. On Thursday, the Russian President said in a televis.....

GSK’s new Consumer Healthcare spinoff to be named ‘Haleon’
February 24, 2022 07:52 PM AEDT| By Anam SiddiquiBritish drug maker GlaxoSmithKline plc (GSK) on Tuesday announced that it will name its new independent healthcare company Haleon, post the demerger in mid-2022. Haleon is inspired by the merging of the words Hale, which means ‘in good healt.....

Russia, Ukraine Stand-off: How will it impact NZ growth funds?
February 24, 2022 07:47 PM AEDT| By Team Kalkine MediaHighlights Russia declares war on Ukraine. Economic sanctions imposed by the US. Growth funds and KiwiSaver to sell their share held in Russian companies. Even as Russia launched a full-scale invasion campaign against Ukraine, New Z.....

Bitcoin’s rising correlation with S&P 500 questions its safe-haven tag
February 24, 2022 07:38 PM AEDT| By Daniel Paul JohnsHighlights Bitcoin has remained largely unmoved by the performance of traditional asset classes, including stocks, real estate and commodities. Inflation, interest-rate anxiety and geopolitical tensions have been particularly hard on both the S.....

Average full-time earnings soared in 2021. Are good days back for Aussie job seekers?
February 24, 2022 07:25 PM AEDT| By Akanksha VashishtAustralia seems to be in the middle of a widespread economic resurgence as major economic indicators have been showing considerable improvement in recent months. The economic revival is also evident in the labour market, which is slowly recouping t.....
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