US stock close mixed on Powell's hawkish remark

Highlights On Thursday, the price of bitcoin hit US$66,500 before dropping to under US$10,000, according to the popular US exchange The monumental crash, albeit momentary, has been blamed on an institutional trader’s rouge algorithm. The...

Highlights Worldcoin is believed to have already raised US$ 25 million in funding from investors. In a first, a company called Worldcoin has said that it would scan people's eyes and reward them with digital currency. Worldcoin aims to launch ...

As another week draws to a close, let us skim through the top headlines pertaining to the country. Source: Copyright © 2021 Kalkine Media Image description: Covid-19, NZ news No respite from COVID-19 As per the latest updates, new Delt...

On 22nd October 2021, the equity market in NZ closed in red as consumer staples sector weighed over the broader market. NZX 50 Index and NZX 20 Index declined by 0.25% and 0.23%, respectively. Notably, NZX All Consumer Staples witnessed a fall of 2.5...

Highlights  The NZ government revealed its new COVID Protection framework on Friday, which includes 3 traffic light systems once all DHBs achieve 90% vaccination rates. The new framework will involve red, orange and green settings, which w...

Highlights UK headline inflation dropped from 3.2% in August to 3.1% in September as per latest ONS figures. In the recent months, inflation has been above the 2% target set by the UK Government, with expectations of hitting 4% by the end of th...

Highlights Quant trading has been quite popular, owing to its unique concept and strategy. Its operating system, Overledger, integrates multiple DLTs from various blockchains for speedier and efficient growth. Its unique strategies, which comp...

Highlights Crude oil prices tumbled on Thursday. Winter weather in most parts of the US is expected to be warmer than average. Oil also came under pressure due to a drop in natural gas and coal prices. Crude oil prices tumbled on Thursday...

Highlights EROAD, the fleet management tech company, has launched a new product, Clarity Solo Dashcam, aimed to enhance driver safety and reduce driving costs This new offering can be integrated alongside existing EROAD solutions. EROAD Li...

Highlights Air NZ may issue 3-year performance rights under the Long-Term Incentive Plan. AIR has issued 5,276,405 performance rights on 20 October 2021. Air New Zealand (NZX:AIR; ASX:AIZ), flag carrier airline of NZ, notified the mar...