OpenSea IPO: Is the largest NFT marketplace going public?
OpenSea, which is the world’s biggest non-fungible token (NFT) marketplace, has hired tech veteran Brian Roberts as the company’s first ever Chief Financial Officer (CFO). Mr Roberts in a media interview has stated his intentions to ra...
- December 07, 2021 11:08 PM NZDT
- Suhita Poddar
Greed is good. Greed crypto is rising
Greed is good. Greed is right. Greed works. Greed clarifies, cuts through, and captures the essence of the evolutionary spirit. Greed, in all of its forms – greed for life, for money, for love, knowledge – ha...
- December 07, 2021 10:17 PM NZDT
- James Preston
Ultimate guide on how to invest in blue chip ASX shares in 2022
Highlights ASX blue-chip stocks are generally large companies with a solid financial track record. Their market capitalisation is typically higher than the other companies. The Australian financial sector comprises of a large...
- December 07, 2021 09:47 PM NZDT
How are 5 NZX technology stocks faring post NZ tech awards?
Highlights NZ announced winners of the annual Microsoft New Zealand Partner Awards 2021 on Monday. Enprise Group fared well in 2021 despite facing challenging times of COVID-19. PaySauce reported a 43% Y-O-Y rise in revenue in H1FY22. ...
- December 07, 2021 09:05 PM NZDT
Newton XRP & USDT delisting comes in a phased manner
Highlights Newton, a popular crypto trading app in Canada, has announced delisting of XRP and USDT XRP is the native token of RippleNet network, and USDT is the ticker of Tether, a stablecoin Both the tokens are famous and command a very high ...
- December 07, 2021 08:51 PM NZDT
- Ankit Sethi
What is ELF crypto & why is it skyrocketing? Know its price prediction
Highlights At the time of writing, the ELF crypto's price was up 45.8 per cent and trading at US$ 0.5244 apiece. The ELF cryptocurrency is the native token of aelf, which is a decentralized blockchain network. The ELF cryptocurrency has a tota...
- December 07, 2021 08:33 PM NZDT
- Raza Naqvi
How is Coinbase expanding its business in different geographies?
The largest cryptocurrency exchange across the globe, Coinbase Global, Inc. (NASDAQ:COIN) , is currently on an acquisition spree. Among the many companies it has acquired of late, one of its major acquisitions includes the purchase of Israel-based ...
- December 07, 2021 08:29 PM NZDT
- Jasmine Anand
Buying in Consumer Staples Sector Influenced Broader NZ Market
On 7th December 2021, the NZ equity market was influenced by the buying witnessed in the consumer staples as well as consumer discretionary sectors. On the same day, NZX 50 Index rose by 0.09% to 12,609.88 and NZX 50 Portfolio Index increased by 0.30...
- December 07, 2021 08:21 PM NZDT
- Team Kalkine Media
People should be at the heart of recovery from the pandemic!
Highlights One aspect should be above all while the world embarks towards recovery from the pandemic: People. In calamities like the COVID-19 pandemic, the most vulnerable ones suffer the most. Thus, the World Bank and other international inst...
- December 07, 2021 08:14 PM NZDT
- Toshiva Jain
Will ‘Blue Hydrogen’ reduce Japan’s reliance on coal?
At a time when reducing the consumption of non-renewable energy sources has become an increasingly pressing global issue, Japan seems to have found the light at the end of the tunnel. The country has opted to switch to hydrogen as a recourse to the...
- December 07, 2021 07:47 PM NZDT
- Akanksha Vashisht
Which are 5 NZX healthcare stocks to look at ahead of 2022?
NZ’s Health Minister Andrew Little announced on Monday that NZ had procured supplies of another medicine to deal with COVID-19. NZ’s drug funding agency Pharmac has obtained 60K courses of an antiviral medicine that can be taken as a t...
- December 07, 2021 07:17 PM NZDT
China’s Evergrande hits 11-year low failing to repay creditors
Highlights Chinese real estate firm Evergrande Group fails to repay creditors. Evergrande shares fell 20% on Monday after the Company announced it cannot guarantee enough funds to meet its financial obligations. The ailing Chinese develo...
- December 07, 2021 06:49 PM NZDT
Will the Wuhan-born coronavirus continue to impact our lives in 2022?
When will Covid-19 end? When will life come back to normal? Will we ever get rid of the masks and the fear that this pandemic has induced upon us in the last two years? There are numerable questions around coronavirus with no definite answer insight....
- December 07, 2021 06:36 PM NZDT
- Kiara Khanna
Iron Fish to provide hack-proof crypto transactions
It’s an ongoing debate whether cryptocurrencies will cease to exist after a few years. However, a plethora of ongoing initiatives in the crypto space indicate that crypto is here to stay and continue making strides. One such initiative...
- December 07, 2021 06:34 PM NZDT
- Aditi Saha
Mercury NZ (NZX:MCY): Is it 100% renewable energy company?
Highlights Mercury NZ produces electricity using 100% renewable sources. MCY stayed resilient in FY21 amid a challenging environment. The Group continues to make a renewable investment to support NZ in its goal of achieving net-zero carbon emi...
- December 07, 2021 04:38 PM NZDT
Which 5 NZX stocks are the top penny players of 2021?
Highlights Penny stocks are hugely popular among beginner traders. TruScreen Group revealed enhanced sales growth in 1H F22 results. Radius Residential Care to pay an interim dividend during the latter part of the month. Penny stocks, as ...
- December 07, 2021 03:42 PM NZDT
- Jasmine Anand
Aussie Crypto Exchange Users Furious After Liquidation, Bitcoin rebounds
Customers Left Short After Liquidation of Aussie Crypto Trading Platform Crypto trading customers have been left reeling after being left short thousands of dollars following the liquidation of a prominent Australian crypto trading platform. User...
- December 07, 2021 03:34 PM NZDT
- Daniel Paul Johns
Sky Network TV(NZX:SKT): Why did it increase FY22 guidance?
Highlights Sky Network Television has raised its FY22 guidance following increased cost savings due to a prudent cost and CAPEX review. It has increased its EBITDA guidance for FY22 and now expects in the range of NZ$150 million to NZ$160 milli...
- December 07, 2021 03:31 PM NZDT
- Jasmine Anand
RBNZ’s Deputy Governor tells central bankers to protect against the unpredictable; stress tests results revealed
Highlights RBNZ deputy Governor advised central bankers to prepare for the unpredictable. The central bank also revealed its Stress tests results, which showed resilience of NZ banks. Deputy Governor Geoff Bascand shared his experience in ...
- December 07, 2021 03:24 PM NZDT
How are these 2 NZX retail stocks gearing up for Christmas?
Highlights Retailers await Christmas as they see the highest sales this season. Briscoe Group delivered strong sales for the 39-week period ended 31 October 2021. HLG reported that its sales increased 21.9% on pcp to $350.76 million for the ye...
- December 07, 2021 03:08 PM NZDT
US markets rise, lifted by energy, industrial stocks
Benchmark US indices closed higher on Monday, December 6, lifted by energy, industrial, and financial stocks as Omicron concerns faded. The S&P 500 surged 1.17% to 4,591.67. The Dow Jones rose 1.87% to 35,227.03. The NASDAQ Composite was up 0.93...
- December 06, 2021 02:20 PM PST
- Versha Jain