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Will Opening of Trans-Tasman Bubble Serve Its Purpose?
April 22, 2021 01:56 PM AEST| By Team Kalkine MediaSummary With the opening of Tasman borders, people across both sides of the counties are elated to meet their loved ones after more than a year. The Resumption of the Auckland-Hobart flight route after 23 years brings thrill and excitement amon.....
UiPath Share Price Leaps 23% on NYSE Debut
April 22, 2021 01:40 PM AEST| By Team Kalkine MediaSummary UiPath shares surged 23% on the New York Stock Exchange debut on Wednesday. The company and its shareholders raised US$1.3 billion in one of the biggest software IPOs in the US. The firm sold almost 24 million shares to investors at US.....
ANZ slashes variable mortgage rates by up to 90bps
April 22, 2021 12:58 PM AEST| By Team Kalkine MediaAustralia And New Zealand Banking Group (NZX:ANZ, ASX:ANZ) is the first bank to slash variable mortgage interest rates in 2021. ANZ has cut off up to 0.9% from its variable rate home loans and altered its package discount structure on April 19. The...
Budget 2021: What’s In It For Corporate Canada?
April 22, 2021 12:00 PM AEST| By Team Kalkine MediaIn the wake of pandemic-induced lockdowns and stressed financials, private investment is under pressure for most companies. But Chrystia Freeland’s Federal Budget 2021 has enough elements to cheer businesses. The federal budget hits the right...
Tesla car crash sparks off a debate about self-driven car’s safety parameters
April 22, 2021 11:17 AM AEST| By RomaSummary Elon Musk reacts to the Texas car crash in a tweet. Concerns about self-driven cars’ safety spark. One of the victims identified was a Doctor. With the recent Texas car crash that involved a self-driven Tesla Car, there were.....
Safemoon hurtling to the moon; but is it really safe?
April 22, 2021 11:11 AM AEST| By Team Kalkine MediaSummary Safemoon was launched three weeks ago and has grown by 2,900% since then. Safemoon is a decentralised finance token, which means that anyone can trade it without an intermediary such as a bank or a broker. Despite its recent steep surg.....
What’s powering Dogecoin’s astronomical April rally?
April 22, 2021 11:08 AM AEST| By Team Kalkine MediaSummary With Dogecoin price hitting an all-time high, fans celebrated 20 April as 'Doge Day'. The meme-based cryptocurrency recorded a new high of US$0.42 per unit on Tuesday. The market cap of Dogecoin crossed US$50 billion, higher than that .....
NZ economy would stay buoyant to external headwinds: Moody's
April 22, 2021 06:10 AM AEST| By Team Kalkine MediaNew Zealand’s economy is one of the most well-placed economies in the world, partly owing the credit to its hard and early response to the COVID-19 pandemic. NZ witnessed an increase in the economic activity in the second half of 2020. NZ&rsqu...
Volkswagen Enters EV Space, Set To Unveil ID.4 GTX Model
April 22, 2021 06:00 AM AEST| By Team Kalkine MediaSummary Volkswagen will soon unveil one of its first performance electric vehicles, ‘4 GTX’. The new model will be sportier in appearance with a lower ride height. The car is ready to be launched on 28 April 2021. Source: &c.....
3 Lessons To Learn From Chauvin’s Conviction In George Floyd Case
April 22, 2021 02:17 AM AEST| By Team Kalkine MediaThe world watched on Tuesday, April 20, as former Minneapolis police officer Derek Chauvin was convicted of murder and manslaughter in the George Floyd case. The 12-member jury, comprising six white and six black or multiracial people, found Chauvin...
Canada’s Annual Inflation Rate Spiked To 2.2% In March. Here’s Why
April 22, 2021 02:08 AM AEST| By Shreya BiswasSummary Canada’s Consumer Price Index (CPI) shot up by 2.2 per cent year-over-year (YoY) in March 2021, reported Statistics Canada. This was a notable increase from the 1.1 per cent YoY gain in February. On a seasonally adjusted monthly .....
Is A Sharp Dip In Bitcoin A Buy Call?
April 22, 2021 01:29 AM AEST| By AnujThe world’s largest blockchain-operated token has continued its rollercoaster ride after episodes of high volatility in 2021. Bitcoin was trading in the range of US$ 40,000 to US$ 50,000 in the month of February. On April 14, Bitcoin topped US...
UK MPs Urge the Government to Renew the Scrapped GHG Scheme
April 22, 2021 01:17 AM AEST| By AbhijeetSummary The Environmental Audit Committee has written to the UK business secretary calling for clarity on overhauling and extending the GHG scheme, claiming it was poorly implemented. The scheme allowed people to apply for up to £5,000 gr.....
3 Ether ETFs Debut in Equity Markets: Here’s How They Performed
April 21, 2021 07:53 PM AEST| By AnujAfter receiving Ontario Securities Commission’s nod, world’s first Ether Exchange Traded Funds (ETFs) started trading on the Toronto Stock Exchange this week. These ETFs closely track Ethereum’s performance to provide investors a .....
UK CPI inflation jumps to 0.7% in March 2021, says ONS
April 21, 2021 07:15 PM AEST| By AbhijeetSummary CPI-based inflation rate in the UK ticked up to 0.7 per cent in March 2021. Fuels and clothing contributed the most towards the upward movement. The annual consumer price indicator (CPI) based inflation rate in the United Kin.....
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FTSE 100 regathers upswing as inflation rises to 0.7% in March 2021
April 21, 2021 06:10 PM AEST| By AbhijeetSummary FTSE 100 bounced back on Wednesday after witnessing the worst session in two months on Tuesday. The index hurriedly crossed the psychological mark of 6,900 in the wee hours of trading. The headline FTSE 100 bounced back in th.....
Unabated COVID-19 surge spooks foreign investors in India
April 21, 2021 05:13 PM AEST| By Furquan MoharkanThe unabated surge of COVID-19 in India has spooked many people, including the foreign investors, even as Indian Prime Minister Narendra Modi tried to allay fears about a new lockdown. Modi’s 15-minute address on 8.45 pm IST on Tuesday faile.....
Does NZ need to lower dependency on swiftly expanding Chinese economy?
April 21, 2021 04:01 PM AEST| By Team Kalkine MediaAs per the latest statistics by the National Bureau of Statistics of China, China’s GDP grew 18.3% YOY in Q1, reaching 24.93 trillion yuan. This comes after a 6.5% expansion in Q4 of 2020. China's first-quarter record success would boost growth...
Netflix misses subscriber growth targets
April 21, 2021 03:15 PM AEST| By Furquan MoharkanSummary Netflix misses the subscriber guidance of 210 million users The Company is facing challenges as economies open up Revenues continue to show double-digit growth The Silicon Valley-based content platform – Netflix Inc (NASDAQ:.....
New Zealand Announces Plans To Centralise Healthcare System
April 21, 2021 02:23 PM AEST| By RomaSummary New Zealand Health care sector announcement takes the nation by surprise. Government offers new plans to reduce stress on healthcare workers. New Maori Healthcare reforms also included in the latest announcement. In a breakthrough.....