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Top things to watch out for in NZ market today Top things that are hitting the headlines in NZ market today
Stock Market

Top things to watch out for in NZ market today Top things that are hitting the headlines in NZ market today

Highlights  Port workers at Timaru have issued a strike notice, seek an 8% wage hike. NZ’s famous internet providers decide to increase the ultrafast broadband plan’s speed by threefold. Auckland’s Sylvia Park to be home...

Times Studio blends cartoons and the crypto world for kids
Cryptocurrency

Times Studio blends cartoons and the crypto world for kids

  Highlights The cartoon universe is now preparing to embrace a modern outlook by employing non-fungible tokens. Times Studio will produce a new children's television show based on the NFT collection "Robotos." Pablo Stanley is the creator...

What is BAX crypto & why has it soared 6000%? Know its price prediction
Cryptocurrency

What is BAX crypto & why has it soared 6000%? Know its price prediction

Highlights  The one-day volume of the BAX cryptocurrency has skyrocketed by 6077 per cent to US$ 24.1 million. The BAX crypto is the native utility token of the BABB network, which is a London-based financial blockchain platform. Using in...

Selling in Financial Stocks Impacted Market
Market Updates

Selling in Financial Stocks Impacted Market

On 2nd December 2021, the equity market in NZ was weighed down by the selling pressure which was witnessed on the financial stocks. On the same day, NZX 50 Index fell by 0.53% and NZX 10 Index declined by 0.77%. Also, NZX All Financials has witnessed...

Which are 5 NZX financial stocks to explore before 2021 ends?
Financial Stocks

Which are 5 NZX financial stocks to explore before 2021 ends?

Highlights  The financial sector forms a significant part of an economy. Tower will hold its ASM on 13 December. NZA will pay an interim dividend of 1.6cps on 23 December. The financial industry of any country includes the companies ...

  • December 02, 2021 08:08 PM NZDT
  • Sonal
Footwear giant Adidas steps into metaverse with Sandbox land deal
Cryptocurrency

Footwear giant Adidas steps into metaverse with Sandbox land deal

Highlights  Adidas has bought a plot of land on the Sandbox, a blockchain-based virtual universe. Sandbox has its cryptocurrency, SAND that gamers can use to purchase virtual space within this world as NFTs. Sandbox and Adidas' collaborat...

What is Ripple’s Liquidity Hub all about?
Cryptocurrency

What is Ripple’s Liquidity Hub all about?

Highlights  Famous enterprise blockchain and crypto solutions provider Ripple has revealed a new crypto service, Liquidity Hub, for finance companies. This alpha product will allow its partner firms to offer trading options for cryptocurre...

Kiwi property (NZX:KPG):The Company inks deal with IKEA
Stock Market

Kiwi property (NZX:KPG):The Company inks deal with IKEA

Owner of shopping centres and office buildings in NZ Kiwi Property Group Limited (NZX:KPG) has inked a conditional deal with IKEA to sell off 3.2 hectares of land of Sylvia Park. Source: Copyright © 2021 Kalkine Media Why is the sale and ...

Why these top NZX REIT stocks of 2021 can be considered
Infrastructure and Real Estate Stocks

Why these top NZX REIT stocks of 2021 can be considered

Highlights New home consents across New Zealand have reached record levels for the year ended October 2021. Precinct Properties secured fixed-rate bonds that would be last traded on 3 December. Argosy Property to pay a Q2 dividend in the secon...

Fletcher (NZX:FBU): What is COVID-19 impact on FY22?
Infrastructure and Real Estate Stocks

Fletcher (NZX:FBU): What is COVID-19 impact on FY22?

Highlights Fletcher delivered a strong FY21, delivering a revenue of $8.1 billion. The Group expects the trading conditions to remain above 2020 levels if NZ remains at current lockdown levels or above FBU is targeting EBIT margins of nearly 1...

  • December 02, 2021 04:44 PM NZDT
  • Sonal
Bitcoin Advocate enthusiastic on decentralised economy
Cryptocurrency

Bitcoin Advocate enthusiastic on decentralised economy

A venture capitalist and early advocate for bitcoin has said he believes cryptocurrency is ushering in a new age of peace. Speaking to CoinDesk TV on Tuesday, billionaire Timothy Draper, said that blockchain-based technology would be irrefutably l...

Consumer NZ calls for overhauling of the Kiwi insurance industry
Stock Market

Consumer NZ calls for overhauling of the Kiwi insurance industry

Highlights Home and content insurance premiums have jumped significantly, as per Consumer NZ. Kiwis must look at the various quotes offered by different insurance firms to get the best price. Consumer NZ has urged for an evaluation of the ...

What is Tribe Crypto? Why is it unique?
Cryptocurrency

What is Tribe Crypto? Why is it unique?

Shiba Inu has proved how a crypto can rise with sheer support from its community, the SHIB Army. Shiba lives in their hearts, the driving force behind the coin's success.  However, has a significant competitor to Shiba Inu arisen in the crypt...

NZ's youth unemployment rate 3 times the national average in the September quarter
Stock Market

NZ's youth unemployment rate 3 times the national average in the September quarter

Highlights NZ's Youth unemployment rate was 3 times the national average in the September quarter of 2021. Youth is majorly unemployed for short periods. Latest statistics from Stats NZ have revealed that young Kiwis unemployment rate aged...

  • December 02, 2021 02:02 PM NZDT
  • Sonal
US indices close lower, weighed down by tech, financial stocks
Market Updates

US indices close lower, weighed down by tech, financial stocks

All key benchmark US indices closed in the red on Wednesday, December 1, weighed down by technology, basic materials, and financial stocks amid mixed global cues. The S&P 500 was down 0.42% to 4,547.63. The Dow Jones declined 0.69% to 34,246.34....

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