Why look at 3 NZX communications stocks in 2022?
Highlights NZ boasts of a structured and competitive network of communication companies. Chorus to declare its six-months results next month. Spark New Zealand takes full ownership of Connect 8 by purchasing the remaining 50% shares. New ...
- January 16, 2022 12:00 AM NZDT
- Jasmine Anand
US stocks end mixed after gloomy economic data
Dow Jones retreated on Friday, January 14, dragged down by the decline in some heavyweight financial stocks after reporting their quarterly earnings results, while gains in the technology stocks fuelled gains in Nasdaq and S&P 500 index. Meanwhi...
- January 14, 2022 01:00 PM PST
- Rupam Roy
Has COVID-19 pandemic proven more hostile to developing economies?
Highlights Unlike advanced economies, developing countries would not be able to achieve pre-pandemic economic levels by 2023. As per the WHO, 85% of people in Africa have not received a single COVID-19 vaccine dose, while 36 countries hav...
- January 15, 2022 03:35 AM NZDT
- Anam Siddiqui
Will RBA follow the US Fed & hike rates?
The US Federal Reserve (US Fed) could start increasing interest rate as early as March 2022 and shrink its balance sheet in response to increasing inflation, said James Bullard, President, Federal Reserve Bank of St. Louis on 06 January 2022. The ...
- January 15, 2022 03:28 AM NZDT
- Priyabrata Prusty
What is web3? Will it be a big theme in 2022?
Highlights In Silicon Valley, web3 is now the hottest topic of discussion with tech titans fighting about it on social media. Web3, used as the abbreviation of Web 3.0, is an umbrella term that envisions the future of internet. What dist...
- January 15, 2022 03:24 AM NZDT
- Priyabrata Prusty
From burger flipper to billionaire: The story of CZ, Binance CEO
Highlights Binance CEO Changpeng Zhao is the world’s wealthiest crypto billionaire. According to Bloomberg, Zhao's net worth is US$96 billion. CZ is ranked 11th among the world's wealthiest people, ahead of Indian tycoon Mukesh Amb...
- January 15, 2022 03:16 AM NZDT
- Aditi Saha
Ten Cryptos Trading Below US$1 With Good Utility
Highlights Amp token offers instant and verifiable assurances for any kind of value transfer Tron provides a network where artists can directly connect with their audience, bypassing centralised networks Hedera’s sustainable public...
- January 15, 2022 03:10 AM NZDT
- Daniel Paul Johns
Should investors worry about Pakistan’s crypto ban?
Highlights According to a document submitted to the Sindh High Court, the Securities and Exchange Commission of Pakistan (SECP), the Federal Investigation Agency of Pakistan (FIA) and the State Bank of Pakistan (SBP) feel that cryptocurrencies c...
- January 15, 2022 02:32 AM NZDT
- Manu Shankar