What is ARPA cryptocurrency & why is it rising?
Highlights: ARPA crypto's total supply is 1.5 billion tokens, and at the time of writing, 1.24 billion ARPA tokens were in circulation. ARPA Chain claims to be a secure computation network and enables private smart contracts. Last year, Traval...
- January 27, 2022 07:22 AM EST
- Raza Naqvi
Should global markets worry over Fed’s interest rate plans?
Highlights The US Fed intends to increase interest rates in the coming months amid strong labour market conditions and high inflation. As rate hike fears are looming, investors are no longer considering equities as a hedge against inflation. N...
- January 27, 2022 11:18 PM NZDT
What is Radix Crypto & where to buy this token?
Highlights Radix is the world’s first layer-one protocol designed particularly for DeFi. Radix delivers a composable, secure-by-design and scalable platform with a DeFi-specific development environment, making it simple to build and deplo...
- January 27, 2022 10:49 PM NZDT
- Aditi Saha
Bentley all set to go electric!
Highlights Bentley Motors has reaffirmed that by 2050, the company will go completely electric. Bentley will be launching five EVs staring in 2025. The company will be investing around 2.5 billion pounds over the next decade for the “gam...
- January 27, 2022 10:45 PM NZDT
- Sonal Goyal
What is Waves crypto & its price prediction?
The crypto investment space may be subdued at this time, but the competition in the blockchain network space is heating up. Though Ethereum, Solana, Cardano are the major contenders with each boasting a high market cap, the race to the top has oth...
- January 27, 2022 10:37 PM NZDT
- Ankit Sethi
Algorand crypto price prediction: Can ALGO pull off a comeback?
Highlights ALGO crypto did not rise as high as Solana last year, but it was still profitable In 2022 so far, the price is down, but this is the case with almost every cryptocurrency Tinyman, a DeFi on Algorand network, suffered an attack earli...
- January 27, 2022 08:45 PM NZDT
- Ankit Sethi
Top things to watch out for in New Zealand market today
Highlights NZ’s inflation reaches a record high of 5.9%. Retail prices can shoot up to 10%, triggered by inflationary pressures. WBC’s top official joins the RBNZ. Let us walk through the five latest updates from Kiwiland, whi...
- January 27, 2022 08:11 PM NZDT
- Jasmine Anand
Financial Stocks Weighed Over Broader NZ Market
On 27th January 2022, the equity market of NZ closed in red after significant selling was encountered in the financial stocks. On the same day, NZX 50 Index and NZX 20 Index declined by 1.11% and 1.34%, respectively. Also, NZX All Financials has witn...
- January 27, 2022 08:02 PM NZDT
- Team Kalkine Media
How are 4 NZX travel stocks doing as Omicron takes hold of NZ?
Highlights New Zealand is currently operating under the red setting after a cluster of cases related to Omicron emerged in the country. Air NZ made 2 new appointments for its executive team on Thursday. Auckland Airport announced on Tue...
- January 27, 2022 07:11 PM NZDT
3 infrastructure stocks to watch out for amid new price pressures
Highlights Infrastructure is the core sector. Current Inflation is partly due to a rise in construction costs. Infrastructure companies could feel the pinch in the current year. CoreLogic NZ's latest property market and economic update sa...
- January 27, 2022 07:05 PM NZDT
Why does IMF want El Salvador to withdraw Bitcoin as legal tender?
Highlights The IMF has warned the Central American country to do away with Bitcoin as its legal tender. The crypto poses risks to the country’s financial stability, financial integrity, and consumer protection. Moreover, it may cause has...
- January 27, 2022 04:44 PM NZDT
- Jasmine Anand
Livestock Improvement Corporation (NZX:LIC): How did it perform in its interim results?
Highlights Livestock Improvement Corporation announces impressive six months results, with total revenue climbing to NZ$169.4 million. The co-operative is witnessing an all-time high demand for its artificial breeding and herd testing services....
- January 27, 2022 04:41 PM NZDT
- Jasmine Anand
Restaurant Brands (NZX:RBD) annual sales surpass NZ$1 billion despite COVID-19
Highlights Restaurant Brands announced a 5.5% rise in sales on pcp to NZ$284 million for Q4 FY21. The Group’s annual sales for the year ended exceeded NZ$1 billion despite the COVID-19 impact. Restaurant Brands NZ Limited (NZX:RBD) r...
- January 27, 2022 04:35 PM NZDT
Crypto Catch: Crypto Money Laundering up 30% from 2020
Highlights Criminals laundered US$8.6 billion of cryptocurrency in 2021 According to the report, this number is up by 30 percent from the previous year Bitcoin rose half a percent overnight and yet still the crypto’s value remains a touc...
- January 27, 2022 04:19 PM NZDT
- Daniel Paul Johns
NZ Inflation at a record high, what should RBNZ do?
Inflation has hit a record 5.9% at the end of 2021, according to figures released by Statistics New Zealand on Thursday. Consumer prices are rising at a fast pace and this is the highest in last 30 years, according to the Government figures. Major...
- January 27, 2022 04:05 PM NZDT