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Dogs of Elon debuts: 5 other popular NFT projects of 2021 to look at
Cryptocurrency

Dogs of Elon debuts: 5 other popular NFT projects of 2021 to look at

Non-fungible tokens are arguably the second most popular component of the blockchain universe. Crypto tokens are indeed the first. Source: Pixabay.com The latest in NFTs is the ‘Dogs of Elon’ art that pay homage to billionaire CEO of...

China is going broke!
World News

China is going broke!

Panic is a buzzword in the Chinese markets these days. It all started with Evergrande and seemed to have no end sight. Major Chinese real estate players have reported being unable to pay back their debts. Sinic Holdings, Modern Land, China Properties...

Why is retail theft on the rise and how can retailers safeguard themselves?
Stock Market

Why is retail theft on the rise and how can retailers safeguard themselves?

Highlights Most of the shoplifters when caught red-handed rationalise their actions by stating that the products are quite pricey. Recently, Walgreens announced that it plans to close five stores in San Francisco as organised retail crimes cont...

  • October 27, 2021 08:18 PM AEDT
  • Aayush
Why are NZ insurance companies under the spotlight?
Financial Stocks

Why are NZ insurance companies under the spotlight?

Highlights  The RBNZ revealed on Wednesday that the insurance industry remained dependent on offshore reinsurance providers. This implied challenges for insurance providers if anything happens to these reinsurance arrangements. Any rise i...

  • October 27, 2021 09:50 PM NZDT
  • Sonal
Business news that sparked interest in NZ market today 
Stock Market

Business news that sparked interest in NZ market today 

Highlights  In a recent media briefing, the NZ Govt confirmed the emergence of 74 new COVID-19 cases. Restriction in Waikato to be relaxed from midnight, 27 October. The a2 Milk Company is considering expanding its infant milk formula pro...

Autumn Budget: Top 10 expectations from Sunak
Economy

Autumn Budget: Top 10 expectations from Sunak

Highlights  The Autumn Budget is due to be delivered by Chancellor Rishi Sunak at the parliament on Wednesday. The Budget is set to come ahead of a rough winter due to rising fears of inflation and soaring energy prices, which have negativ...

Why is Air NZ scrapping domestic air travel in upcoming period?st
Stock Market

Why is Air NZ scrapping domestic air travel in upcoming period?st

Highlights  Air NZ has been cancelling domestic travel in the initial week of December. Auckland has of late registered 68 new Delta variant cases and is under alert level 3. As per the latest reports, Air New Zealand Limited (NZX:AIR...

Performance of Consumer Staples Sector Weighed Over NZ Market
Market Updates

Performance of Consumer Staples Sector Weighed Over NZ Market

On 27th October 2021, the equity market in NZ witnessed the negative impact from the selling witnessed in the consumer staples sector. NZX All Consumer Staples and NZX Primary Sector Index witnessed a fall of 7.35% and 2.12%, respectively. Notably, N...

The a2 Milk (NZX:ATM): What is its revamp strategy post-pandemic?
Consumer Stocks

The a2 Milk (NZX:ATM): What is its revamp strategy post-pandemic?

Highlights ATM witnessed a tough FY21 due to COVID-19-related disruptions and a rapidly changing China infant nutrition market. The Group plans to focus on China market prospects, review its brand position, assess its route-to-market for Englis...

  • October 27, 2021 07:10 PM NZDT
  • Sonal
Which are the top cryptocurrency performers during mid-week?
World News

Which are the top cryptocurrency performers during mid-week?

Highlights The global crypto market has been a witness to strong rallies among major cryptocurrencies. While on Monday, almost all the popular cryptos soared high. at mid-week, the excitement has eased out but not vanished. Solana, Shiba Inu, ...

Why are Kiwis paying additional NZ$200 annually for their electricity?
Stock Market

Why are Kiwis paying additional NZ$200 annually for their electricity?

As per the latest reports, it has been highlighted that on an average New Zealand households might be paying additional NZ$200 each year for their power bill due to huge subsidy given to the aluminium smelter located in Southland. Source: ©...

Meet 2021’s richest women in the world
World News

Meet 2021’s richest women in the world

Every year Forbes releases its exclusive list of the world’s richest women in the world. This year’s list is all the more remarkable due to multiple reasons. 2021 is celebrating about 36% more women than the previous year: so the curren...

Gold price tumbles on firm dollar
Commodities

Gold price tumbles on firm dollar

Highlights Gold prices tumbled on Tuesday. Prices surpassed the mark of US$1,800 per ounce on Monday, the highest since August 2021. Investors have shifted their interest in equities, dimming the appeal of gold. Gold prices tumbled nearly...

Michael Hill (NZX:MHJ): What were the highlights of Annual General Meeting?
Retail Stocks

Michael Hill (NZX:MHJ): What were the highlights of Annual General Meeting?

Highlights Michael Hill continued to witness a strong performance despite the impact of present lockdowns. The Company reported strong same store sales growth, margin expansion, and a surge in digital sales in the first quarter of FY22. MHJ pl...

  • October 27, 2021 04:21 PM NZDT
  • Sonal
Move Logistics (NZX:MOV): Why is the Company raising capital?
Stock Market

Move Logistics (NZX:MOV): Why is the Company raising capital?

Highlights NZ's famous logistics and warehouse provider, Move Logistics Group has revealed its plans to undergo capital raising for nearly NZ$40 million. The funds thus obtained would be utilised towards business restructuring and funding addit...

Which are 5 best NZX dividend stocks under NZ$5?
Dividend Stocks

Which are 5 best NZX dividend stocks under NZ$5?

Investing in dividend stocks is always recommended as they provide investors with two probable sources of potential profit. Firstly, the predictable income flow, in the form of dividend payouts, and the second is the capital appreciation of a speci...

Accordant Group (NZX:AGL): How did it perform in interim results?
Stock Market

Accordant Group (NZX:AGL): How did it perform in interim results?

Highlights Accordant reported strong interim results but was impacted by level 4 lockdown. AGL has a good pipeline of work ahead in H2 FY22. Accordant Group Limited (NZX:AGL) is the largest recruiter in NZ and has 4 trading entities Madiso...

  • October 27, 2021 02:07 PM NZDT
  • Sonal
US markets scale fresh highs on upbeat earnings, housing data
Market Updates

US markets scale fresh highs on upbeat earnings, housing data

S&P 500 and Dow Jones closed at record highs for the second consecutive day on Tuesday, October 26, while Nasdaq rallied as quarterly results kept the markets in high spirits. The S&P was up 0.18% to 4,574.79. The Dow Jones Industrial Averag...

Elon Musk’s crypto holdings & how they’ve performed in 2021
Cryptocurrency

Elon Musk’s crypto holdings & how they’ve performed in 2021

Highlights  Elon Musk played a role in the recent rise and then fall in the price of the Shiba Inu crypto. In a tweet to a Twitter user, Mr. Musk revealed his crypto holdings. Whether he gains in the medium-to-long term on his crypto hold...

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