What is Grape crypto & its connection with Elon Musk?
The Grape Network (GRAPE) cryptocurrency price surged over 30 per cent in the last 24 hours, taking its price to US$ 0.079221 per token. At the time of writing, GRAPE crypto's 24-hour volume was up about 164 per cent to $536,603. In addition, the ...
- January 17, 2022 05:30 AM EST
- Raza Naqvi
New Zealand issues tsunami warning, other major updates
Highlights New Zealand issues tsunami warning for its coastal areas. The country’s children aged 5-11 years to be vaccinated from today. Freightways to release its half-year results next month.az As we step into the third week of Ja...
- January 17, 2022 11:12 PM NZDT
- Jasmine Anand
Should investors be worried about the national debt?
Highlights While some amount of government debt is considered normal, high debt levels can be threatening to the economic well-being of a nation. With the supply of government bonds, authorities can regulate stock markets. The rising cost of d...
- January 17, 2022 11:05 PM NZDT
- Akanksha Vashisht
Which are the 2 most active stocks on NZX today?
Highlights Many stocks earned high trading volumes on the NZX on 17 January. Promisia Healthcare was the highest traded stock of the day. Meridian Energy was the second most traded stock of the day. The number of stocks traded on a ...
- January 17, 2022 10:58 PM NZDT
- Sonal
eToro taps into metaverse craze, rolls out portfolio
Highlights The metaverse is a virtual world in which users can roam around as avatars and engage with other individuals in both economic and social ways. Many large corporations are venturing into the metaverse as a result of the rapid advancem...
- January 17, 2022 10:54 PM NZDT
- Aditi Saha
Why does China want to strengthen economic ties with New Zealand?
Even though diplomatic ties between China and New Zealand are getting strained, both countries are keen on deepening economic ties. An indication of this is likely the appointment of a new Chinese ambassador who has previously worked on the Belt an...
- January 17, 2022 10:48 PM NZDT
- Manika
Credit Suisse chairman resigns over COVID-19 rules breach
Global conglomerate’s chairman Antonio Horta-Osorio has quit Switzerland-based bank Credit Suisse, on an internal probe over COVID-19 rules breach. Why is the Credit Suisse top boss quitting? In not just one year after he took charge, Osori...
- January 17, 2022 10:31 PM NZDT
- Sukriti Nair
Which are the best five cryptos for mining at home in 2022?
Highlights Cryptocurrency mining is a very costly affair and necessitates the purchase of expensive GPUs or ASICs. Mining is, at its core, a process of resolving difficult mathematical problems. Miners are compensated for their work by receivi...
- January 17, 2022 09:07 PM NZDT
- Aditi Saha
What led to Cardano’s price rise during weekend?
Highlights Cardano, the fifth most popular crypto worldwide, is seeing the maximum rise in its prices over the past seven days as compared to its peers. It rose by more than 19% since the last week, owing to a boost in investors' confidence. I...
- January 17, 2022 09:04 PM NZDT
- Jasmine Anand
What is Walmart crypto? Is Walmart launching NFTs?
Retailer Walmart may soon launch its own set of digital goods for metaverse. Walmart is said to have filed multiple trademarks related to virtual goods in December 2021. Though it is being fairly estimated that the retailer can soon jump onto the m...
- January 17, 2022 09:00 PM NZDT
- Ankit Sethi
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Broad-based Buying Witnessed in NZ Equity Market
On 17th January 2022, the NZ market ended the session on a positive note after huge buying was witnessed in the real estate as well as financial sectors. On the same day, NZX 50 Index and NZX 20 Index rose by 0.13% and 0.06%, respectively. Also, NZX ...
- January 17, 2022 08:40 PM NZDT
- Team Kalkine Media
How are 4 NZX REIT stocks doing amid rising house sales?
The latest statistics from property market consultant REINZ showed that the total number of homes available for New Zealanders for buying had risen by roughly 30% since December 2020. Venessa William, a spokesperson for the property market consult...
- January 17, 2022 07:25 PM NZDT
- Sonal
Would 4 NZX travel stocks see a turnaround this year?
Highlights The Cook Islands government has planned to welcome New Zealanders from 14 January. Air NZ had cancelled 120 flights from December 2021 through to the end of February 2022. Serko completed its retail offer on 17 December, rais...
- January 17, 2022 06:52 PM NZDT
- Sonal
Why consider these 5 NZX infrastructure stocks in 2022?
Infrastructure is the backbone of the NZ economy. A well-maintained infrastructure is important for the growth of the economy. Usually, infrastructure is built through public-private partnerships. Since the government cannot bear expenses themselve...
- January 17, 2022 04:40 PM NZDT
- Manika
Brent Crude hits more than 3-year highs on global supply concerns
Highlights Brent crude oil hitting more than 3-year highs on Monday. In the last week, Brent and WTI both rose by 5.4% and 6.3%. Leading oil-producing groups, including OPEC+, are not able to supply enough to meet strong global demand. Cr...
- January 17, 2022 04:28 PM NZDT
- Arpit Verma
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How is Tonga coping with the underwater volcano?
Highlights A violent South Pacific volcanic explosion that took place on Saturday has Tonga covered in ash, triggering tsunami waves into its capital. So far, no deaths have been reported, and rescue operations are underway. A mammot...
- January 17, 2022 03:57 PM NZDT
- Jasmine Anand
Chatham plans Dicalcium Manufacturing at Korella South
Highlights Chatham Rock announced Monday that it has planned production of Dicalcium Phosphate (DCP) at Korella South. Korella Phosphate Samples are likely to arrive in February this year at Prayon’s European testing facility. Chatha...
- January 17, 2022 02:16 PM NZDT
- Sonal