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Radicle coin price prediction: RAD up amid Virgil Griffith guilty plea
Cryptocurrency

Radicle coin price prediction: RAD up amid Virgil Griffith guilty plea

After recovering from the jolt of China's move of banning all cryptocurrency transactions, the cryptocurrency market witnessed a sell-off as almost all the cryptocurrencies declined in the last 24 hours. At the time of writing, Bitcoin was down by...

Do you know how much Ripple price has surged in one year?
Cryptocurrency

Do you know how much Ripple price has surged in one year?

Highlights  Developers have evolved the crypt realm to ensure that it serves more than one purpose of being a digital currency. Ripple operates as both a transaction software and as a token for facilitating transactions on this software. ...

Phone Scam explosion in Australia report a loss of A$211 million
World News

Phone Scam explosion in Australia report a loss of A$211 million

Highlights  A phone-based scam in which the users receive suspicious voicemails, texts and phone calls to steal personal data has fuelled this year in Australia. ACCC reported loss of AU$211 million this year. For the same period, AU$11,0...

EMURGO to inject US$100 million in Cardano ecosystem
Cryptocurrency

EMURGO to inject US$100 million in Cardano ecosystem

EMURGO, the commercial arm of Cardano (ADA) blockchain, has launched a new Cardano ecosystem investment vehicle, focusing on investments into startups. EMURGO develops blockchain and smart contracts solutions for enterprises. It also utilises advan...

  • September 28, 2021 10:56 PM NZDT
  • Aayush
5 Popular NZX telcos to look at in October 2021
Communication Stocks

5 Popular NZX telcos to look at in October 2021

Highlights The NZ telecom market is marked by stable network operators with solid economic fundamentals. Spark New Zealand to pay 12.50 cps as a dividend next month. Chorus to reward its shareholders by distributing an impressive 14.50 cps dis...

Why consider these 5 NZX dividend stocks in Q4?
Dividend Stocks

Why consider these 5 NZX dividend stocks in Q4?

Highlights  Investing in dividend stocks is best for income growth. Bolstered by a positive outlook for the rural sector, PGG Wrightson to pay a dividend on 4 October. Kathmandu Holdings intends to pay a final dividend in December, witnes...

Mercury NZ (NZX:MCY) gets Commission’s nod for this acquisition
Climate Change

Mercury NZ (NZX:MCY) gets Commission’s nod for this acquisition

Highlights Mercury NZ receives clearance by Commerce Commission for the Trustpower acquisition. The green signal could mean a new chapter in growth and development for the Company. The prospective acquisition could mean new 780,000 connections...

  • September 28, 2021 08:08 PM NZDT
  • Roma
China faces double whammy as power crisis adds to Evergrande woes
World News

China faces double whammy as power crisis adds to Evergrande woes

In a double whammy, the world’s second largest economy – China – has been grappling with a massive power crisis in its north-eastern region, besides battling the fallouts of an inevitable default by the embattled property develope...

Broader NZ Markets Ended in Red: A Quick Look
Market Updates

Broader NZ Markets Ended in Red: A Quick Look

On 28th September 2021, the broader NZ market closed the session in red. However, buying was witnessed in the consumer staples sector. On the other hand, healthcare sector encountered selling. NZX 50 Index declined by 0.40% to 13,174.38 and NZX 20 In...

Will China’s Latest Crypto Crackdown Harm the Long-Term Crypto Market?
Cryptocurrency

Will China’s Latest Crypto Crackdown Harm the Long-Term Crypto Market?

Chinese authorities have yet again announced a ban of all cryptocurrencies, reiterating that this time they’re serious. China have announced crypto bans many times over the past year, but the effects have been mixed with crypto exchanges sti...

How are Bitcoin, Ethereum’s prices moving amid the Chinese crackdown?
World News

How are Bitcoin, Ethereum’s prices moving amid the Chinese crackdown?

Following the ban on all forms of crypto trading in China, which was announced on Friday, the cryptocurrency market witnessed a sharp dip on Friday, as well as on Saturday and then experienced a rise on Monday. Related Read: Binance, Houbi cease o...

Pacific Edge (NZX:PEB)  unveils retail offer for stakeholders
Healthcare Stocks

Pacific Edge (NZX:PEB)  unveils retail offer for stakeholders

Highlights Retail offer announced by Pacific Edge for its New Zealand shareholders. Offer made as an extension to its Australia placement. Capital raised will help in funding the future vision for the Company. Pacific Edge Limited (NZX:PE...

  • September 28, 2021 05:59 PM NZDT
  • Roma
Vector and X join hands to aid decentralise electricity system
Stock Market

Vector and X join hands to aid decentralise electricity system

Highlights X and Vector collaboration announced for creating sustainable energy. The move could help reach electricity goals for the country. In a new move to help in decarbonising the electricity system of the country, along with decentra...

  • September 28, 2021 05:55 PM NZDT
  • Roma
Top 10 things hitting the headlines in NZ market today
Stock Market

Top 10 things hitting the headlines in NZ market today

New Zealand is always buzzing with news and updates covering various sectors along with economic and political actions that keep affecting the NZ market. Here is a list of top things affecting the NZ market as of 28 September 2021. Image source...

  • September 28, 2021 04:36 PM NZDT
  • Sonal
Dalian iron ore climbs up on power curbs
Commodities

Dalian iron ore climbs up on power curbs

Dalian iron ore futures gained more than 5% on Monday with prices hitting above CNY700 level. At the same time, the prices of steel rebar and hot-rolled coils surged significantly due to production limitations on power curbs. January delivery iron ...

Germany election results denote a shift in global voting pattern
World News

Germany election results denote a shift in global voting pattern

Ballot paper of the German Bundestagswahl 2009 (Bundestag elections). The centre-left party in Germany seems to be set to form the next government. The centre-left Social Democrats (SPD) were on track for 26% of the vote, ahead of 24.5% for Christi...

Oil rises on strong demand and tight supplies
Commodities

Oil rises on strong demand and tight supplies

Crude oil prices galloped on Monday with Brent crude hitting near US$80 per barrel on the back of robust demand and tight supplies. December delivery Brent Crude oil futures last traded at US$78.50 per barrel down 0.14%, whereas November delivery W...

NZ Government announces a proposal on interest deductibility rules
Stock Market

NZ Government announces a proposal on interest deductibility rules

Lately, New Zealand Government has published draft legislation providing the details of one of its most powerful housing policies, thereby putting a restriction on the reduction of interest costs on house property investments. Source: Copyright ...

KiwiSaver members relish high returns 
Stock Market

KiwiSaver members relish high returns 

The Financial Markets Authority (FMA) released its KiwiSaver Annual Report on Tuesday. Members of KiwiSaver made big gains over the previous year as various central banks and governments worldwide took steps to support equity markets. Image Sou...

  • September 28, 2021 02:06 PM NZDT
  • Sonal
How have 5 NZX financial stocks performed in six months?
Financial Stocks

How have 5 NZX financial stocks performed in six months?

Financial stocks are the companies functioning in the country's financial sector, offering an array of financial services like loans, savings, insurance, brokerage, credit cards, wealth management, etc. As the backbone of the economy, these compan...

Dow Jones closes higher, S&P 500, Nasdaq drift after tech losses
Market Updates

Dow Jones closes higher, S&P 500, Nasdaq drift after tech losses

Dow Jones closed higher on Monday, September 27, pulled up by gains in financial and energy stocks, while Nasdaq Composite and S&P 500 retreated as losses in technology shares deepened. The S&P 500 fell 0.28% to 4,443.11. The Dow Jones rose ...

Canada top news: Immunized vs unvaccinated, oil crisis & CIBC expansion
Economy

Canada top news: Immunized vs unvaccinated, oil crisis & CIBC expansion

Highlights A new survey done for the Association of Canadian Studies found that over three in every four residents think negatively of the unvaccinated. With supplies as they currently stand natural gas is expected to continue to surge as winte...

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