- October 22, 2021 05:09 PM PDT
- Sanjeeb Baruah
Dow Jones closed higher, while S&P 500 and Nasdaq drifted on Friday, October 22, after Fed Chair, Jerome Powell's tapering remarks weighed on investors' sentiment. However, the optimism over the robust earnings has pushed the indices towards thei...
- October 23, 2021 12:47 AM NZDT
- Suhita Poddar
Bitcoin Trading’s Hard Enough Without Binance Psyching Us Out
- October 23, 2021 12:44 AM NZDT
- Daniel Paul Johns
Highlights On Thursday, the price of bitcoin hit US$66,500 before dropping to under US$10,000, according to the popular US exchange The monumental crash, albeit momentary, has been blamed on an institutional trader’s rouge algorithm. The...Read More...
What is Worldcoin? A sci-fi or real cryptocurrency?
- October 23, 2021 12:02 AM NZDT
- Raza Naqvi
Highlights Worldcoin is believed to have already raised US$ 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 ...Read More...
Top 9 things making presence felt in NZ market today
- October 22, 2021 08:34 PM NZDT
- Jasmine Anand
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...Read More...
New Zealand Market Ended in Red As Consumer Staples Sector Witnessed Selling
- October 22, 2021 08:23 PM NZDT
- Team Kalkine Media
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...Read More...
NZ Government discloses new traffic light system and business support package
- October 22, 2021 08:18 PM NZDT
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...Read More...
Why falling inflation is not good news
- October 22, 2021 06:52 PM NZDT
- Rishika Raina
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...Read More...
What makes trading in Quant crypto different from others
- October 22, 2021 06:25 PM NZDT
- Jasmine Anand
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...Read More...
Crude oil tumbles after hitting record highs
- October 22, 2021 02:44 PM NZDT
- Arpit Verma
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...Read More...
EROAD (NZX:ERD) unveils a new useful video solution
- October 22, 2021 02:25 PM NZDT
- Jasmine Anand
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...Read More...
Air NZ (NZX:AIR) issues performance rights under Long Term Incentive
- October 22, 2021 02:16 PM NZDT
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...Read More...