AUKUS: Australia, UK, US join forces to stave off Chinese threat
Highlights US, UK and Australia have joined hands to thwart the Chinese influence in Indo Pacific The partnership has been named as AUKUS. This follows up Quad – a partnership between US, Australia, Japan and India &ndash...
- September 16, 2021 10:15 PM NZST
- Furquan Moharkan
5 NZX stocks with a healthy dividend yield
Highlights Higher-dividend yield stocks always attract investors, for they indicate the financial robustness of a company. Boasting an impressive dividend yield of 7.06%, Spark New Zealand will organise its Annual Meeting in November. Heartlan...
- September 16, 2021 09:43 PM NZST
- Jasmine Anand
How did 5 NZX penny stocks perform in Q3 2021?
Penny stocks are low priced and have a low market capitalisation. These stocks can turn a small investment into a treasure but are also considered highly risky and speculative in nature. Amid this backdrop, let’s have a look at how these 5 N...
- September 16, 2021 09:36 PM NZST
Tempted to invest in penny stocks? Here are few timing tips
Penny stocks are often tagged as a high-risk investment. However, Warren Buffet rightly said, “risk comes with not knowing you are doing”. One of the major reason why penny stocks are difficult to trade is their unexpected moves due to ...
- September 16, 2021 08:54 PM NZST
Healthcare giants on track to develop COVID-19 booster shot over waning post-vaccine immunity
A COVID-19 booster shot is an additional dose administered after the protection obtained from the original doses starts to drop. The booster or a third dose is meant to help people maintain their immunity level for a longer period. RELATED ARTICLE...
- September 16, 2021 08:50 PM NZST
- Tripti Joshi
Significant Selling Led by Communications Services Stocks Weighed Over Broader NZ Market
On 16th September 2021, the broader NZ market ended the session in red as significant selling was witnessed in the Communications Services, Consumer Discretionary as well as Real Estate stocks, among others. Notably, NZX 50 Index declined by 0.40% to...
- September 16, 2021 08:21 PM NZST
- Team Kalkine Media
5 NZX REIT stocks amid rising housing prices
Highlights REITs invest in a number of properties. These are good investment options with housing prices going up. REITs provide good options to investors to get exposed to the property market. A Real Estate Investment Trust (REIT) is a c...
- September 16, 2021 08:02 PM NZST
What did ANZ (NZX:ANZ) reveal in ESG investor briefing?
In a recent announcement, the Australia and New Zealand Banking Group Limited (NZX:ANZ) (ASX:ANZ) released its investor briefing, where the Company spoke about its core strategies and values. The Company announced its plans for delivery services th...
- September 16, 2021 06:49 PM NZST
Cryptocurrency Regulations: The good and the bad effects
Amid the coronavirus pandemic, almost all the major financial markets across the globe have struggled to maintain their pace. However, cryptocurrency adoption has surged during these times and continues to be in news. Almost everyone, be it inves...
- September 16, 2021 06:16 PM NZST
- Jasmine Anand
Is hydrogen-powered Air NZ (NZX:AIR) aircraft in the offing?
Highlights Air New Zealand to tie up with Airbus for Zero-emission aircraft. Air NZ to understand the impact of hydrogen aircraft as given in the MoU. The national carrier has a target to go zero emission by 2050. In an ...
- September 16, 2021 05:44 PM NZST
Australia to get nuclear submarines amidst growing tension in South-China Sea
Highlights US President Joe Biden has said that the US will share secret nuclear technology to assist Australia in shifting to nuclear-powered boats. A trilateral partnership was unveiled Wednesday between US, UK and Australia. The new partner...
- September 16, 2021 04:31 PM NZST
- Priyanka Payal
Five under-the-radar investment strategies to reap stock market gains
If you are a stock market enthusiast, you very well know why it is imperative for investors to have strategies up their sleeve in order to eke out maximum gains. Generally, investors and traders resort to strategies which are followed most commonly...
- September 16, 2021 04:23 PM NZST
Z Energy(NZX:ZEL) announces latest guidance, concerns about COVID-19
Z Energy Limited (NZX:ZEL) gave out an update on Thursday in which it had disclosed the exact impact recent lockdowns have had on the business. . Factoring in all the impact, it released its EBITDAF guidance to be in the range of NZ$270 million-NZ$...
- September 16, 2021 04:11 PM NZST
Which are 5 NZX stocks with the highest monthly returns?
Highlights Monthly returns come handy in assessing the short-term performance of companies. Summerset Group Holdings has a monthly return of 17.44% and would pay a dividend this month. Pacific Edge, reflecting a monthly return of 15.70%, says ...
- September 16, 2021 04:06 PM NZST
- Jasmine Anand
How is Sanford’s (NZX:SAN) seafood delivery progressing amid COVID-19?
Sanford Limited (NZX:SAN) is an Auckland-based seafood company involved in farming, harvesting, managing and marketing seafood. It owns and handles fisheries across NZ waters. The seafood Company, being a heavily export-focused business, was struc...
- September 16, 2021 04:02 PM NZST
Five DeFi coins charting an upward trajectory
Decentralised finance or more commonly known as DeFi is a technology which essentially aims to recreate the traditional financial system with blockchain based technology. What sets DeFi applications apart is that they can operate without the interf...
- September 16, 2021 03:58 PM NZST
NZ GDP beats all forecasts, grows 2.8% in June quarter
Highlights GDP grows by 2.8% in the June quarter. The numbers are driven by service, retail and accommodation industries. Shows that the New Zealand economy was doing very well before the Delta variant-related lockdowns. The economy grew ...
- September 16, 2021 03:56 PM NZST
How effective would vaccination buses prove to be in Auckland?
Highlights New Zealand rolls out its mobile vaccine buses to boost the number of Covid jabs in South Auckland. Areas to be visited om the first day includes Pukekohe, Henderson, and Papakura. To speed up the country’s COVID-19 vaccin...
- September 16, 2021 01:35 PM NZST
- Jasmine Anand
Confused about crypto jargons? Here are 10 basic terms to know
With the cryptocurrency mania gripping the world, the digital asset is attracting more and more investors with time. With the increasing investor base, there has to be an increase in investor awareness. While most people have heard of cryptocurrency,...
- September 16, 2021 01:11 PM NZST
- Furquan Moharkan
Contact Energy (NZX:CEN) releases operating report for August 2021
Highlights Contact Energy posted mass market electricity and gas sales of 436 GWh in August 2021. Electricity and steam net revenue of its wholesale business rose to NZ$110.57/MWh from NZ$90.37/MWh on pcp. Contact Energy Limited (NZX:CEN;A...
- September 16, 2021 12:49 PM NZST
How are NZX dairy stocks coping with Delta outbreak?
Highlights Dairy companies planning ahead to deal with the Delta variant Synlait Milk offers the sale of its Auckland premises. Global Dairy update by Fonterra reveals growth patterns. The indelible mark left by the pandemic all over the ...
- September 16, 2021 12:31 PM NZST
US stocks gallop ahead after deals, product launches lift sentiments
All benchmark US indices closed in the green on Wednesday, September 15, after a flurry of deals, acquisitions, buybacks, and product launches of top companies lifted investors’ spirits. The S&P 500 was up 0.85% to 4,480.70. The Dow Jones ...
- September 15, 2021 03:14 PM PDT
- Sanjeeb Baruah
Met Gala 2021: The most awaited fashion bash of the year
The long-awaited Met gala is finally on! The fashion ceremony usually happens on the first Monday of May, but it was postponed due to the coronavirus pandemic. The fashion event didn’t occur in 2020; thus, 2021 holds significance in the fashi...
- September 16, 2021 07:30 AM NZST
- Toshiva Jain