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Milo crypto: 7 things to know about 'world's first crypto mortgage'
Cryptocurrency

Milo crypto: 7 things to know about 'world's first crypto mortgage'

Crypto enthusiasts are looking for Milo crypto after the financial technology (fintech) company said it would allow users to use their digital assets to purchase real estate in the US. Milo claims to be the world's first 'crypto mortgage' in which...

Wealth of richest men doubled in pandemic, says Oxfam
World News

Wealth of richest men doubled in pandemic, says Oxfam

Highlights The 2022 Oxfam report highlights that the collective wealth of the world’s top 10 richest men has doubled in the pandemic. About 99% of the world’s population is in a worse condition due to lockdowns, loss of business, em...

NZ govt’s latest stand on MIQ facilities, plus other updates
Stock Market

NZ govt’s latest stand on MIQ facilities, plus other updates

Highlights The NZ Govt puts a temporary pause on MIQ room releases. Air NZ executive to head TAB New Zealand. Big Gay Out event called off owing to Omicron menace. Let us walk through five major developments from Kiwiland as we get to the...

Selling in Healthcare Stocks Impacted Market in NZ
Market Updates

Selling in Healthcare Stocks Impacted Market in NZ

On 19th January 2022, the equity market in NZ closed in red after huge selling was encountered in the healthcare stocks. Also, the selling pressure was witnessed on the IT stocks. On the same day, NZX 50 Index and NZX 20 Index declined by 1.58% and 1...

Walmart is ready to penetrate the Metaverse world
World News

Walmart is ready to penetrate the Metaverse world

Highlights Renowned retailer Walmart is taking a leap into the Metaverse and blockchain technology. It aims to introduce NFTs and create its own crypto in the future and has filed applications for the same. To explore emerging technologies and...

Why to explore 5 NZX financial stocks in 2022?
Financial Stocks

Why to explore 5 NZX financial stocks in 2022?

Highlights New Zealand has a sophisticated financial system It includes banks, lenders, finance firms and insurance companies In FY21, almost all banks performed well despite the COVID-19 disruptions A financial system is the backbone of ...

  • January 19, 2022 07:14 PM NZDT
  • Manika
HARD Protocol crypto: what investors need to know
Cryptocurrency

HARD Protocol crypto: what investors need to know

Highlights  According to Coin Market Cap, Hard Protocol can be traded and purchased on the following crypto exchanges across the world: BKEX, Binance, Gate.io, and WBF Exchange. The HARD token is a Kava Chain asset. It is offered as a rewa...

What is Arcade Network crypto? Is ARC token worth buying?
Cryptocurrency

What is Arcade Network crypto? Is ARC token worth buying?

  Things are turning hotter in the crypto world. Though Bitcoin has yet to shine bright in 2022, altcoins may be up for another great year. Microsoft’s entry into metaverse, with its acquisition of the video game publisher Activision B...

ikeGPS (NZX:IKE): The Company strikes a deal for a contract extension
Stock Market

ikeGPS (NZX:IKE): The Company strikes a deal for a contract extension

Highlights ikeGPS Group has announced the extension of contract from one of its existing customers This would result in generating substantial revenue opportunity, thereby accelerating its growth momentum ikeGPS Group Limited (NZX:IKE) has...

Is COVID-19 the main reason for a dip in business confidence among Kiwis?
Economy

Is COVID-19 the main reason for a dip in business confidence among Kiwis?

Highlights The Quarterly Survey of Business Opinion shows a decline in business confidence in NZ. Demand has also fallen as the COVID-19 outbreak continues. The survey shows that businesses have become cautious about investments. With the...

  • January 19, 2022 04:10 PM NZDT
  • Manika
How are 4 NZX energy stocks faring amid Tonga’s volcanic eruption?
Climate Change

How are 4 NZX energy stocks faring amid Tonga’s volcanic eruption?

Highlights The recent mammoth volcanic eruption in the Tongan islands has formed a blanket of ashes and toxic plumes, causing significant environmental damage. Mercury NZ to publish its half-year performance report next month. The New Zealand ...

RUA (NZX:RUA): Is the Company considering the acquisition of Zalm Therapeutics?
Stock Market

RUA (NZX:RUA): Is the Company considering the acquisition of Zalm Therapeutics?

Highlights Rua is planning to fast-track the development of the premier medicinal cannabis company of NZ by purchasing Zalm. Zalm’s acquisition has been agreed at NZ$10 million equity value. Rua Bioscience Limited (NZX:RUA), a medica...

  • January 19, 2022 02:07 PM NZDT
  • Sonal
Why to explore 4 NZX Infrastructure stocks this year?
Infrastructure and Real Estate Stocks

Why to explore 4 NZX Infrastructure stocks this year?

Highlights The Construction industry is facing labour and material shortages despite receiving record housing consents. Fletcher has planned to achieve an EBIT margin target of 10% by FY23. Steel and Tube Holdings expect to deliver an EBIT bet...

  • January 19, 2022 01:29 PM NZDT
  • Sonal
How are 4 NZX retailers doing amid supply chain issues?
Retail Stocks

How are 4 NZX retailers doing amid supply chain issues?

Highlights The NZ government is working on making a supply chain strategy amid wide scarcities and delays in supply chains due to the COVID-19 pandemic. Michael Hill expects to deliver an EBIT of $49 million to $53 million in H1 FY22. TRA expe...

  • January 19, 2022 01:01 PM NZDT
  • Sonal
This country will launch Asia’s first crypto ETF
Cryptocurrency

This country will launch Asia’s first crypto ETF

Asia’s first cryptocurrency exchange traded fund (ETF) would be a reality soon. The crypto ETF would be available in the Gujarat International Finance Tech (GIFT) City, Gujarat (India), by March 2022. A memorandum of understanding (MoU) has ...

  • January 19, 2022 11:56 AM NZDT
  • Ashish
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