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News
Future of Bitcoin in Question As China, India Counter Crypto Wave
March 04, 2021 07:51 AM AEDT| By AnujSource: Wit Olszewski ,Shutterstock Tightening the noose on cryptocurrencies, China banned the mining of blockchain-based currency in Inner Mongolia. The world’s second largest economy also announced the closure of all crypto operations b...
5 Canadian Crypto Stocks Under C$11 To Invest In March
March 04, 2021 03:18 AM AEDT| By AnujSource: tetrisfun, Shutterstock Bitcoin has once again surpassed US$50,000 per token resistance level yesterday, and it is inches away to retain its US$ 1 trillion market cap. The giant blockchain-powered coin is expected to cross a US$ 60,0...
Problems galore for Kiwis during Auckland’s COVID-19 lockdown
March 04, 2021 12:10 AM AEDT| By Team Kalkine MediaSource: Nhemz, Shutterstock Summary Auckland was put under another lockdown, prompted by a coronavirus case who has been infectious for a week but did not go in quarantine. Auckland power outage postponed by Vector Limited but the Company woul...
Are the Bubbles of Crypto Currencies Busting?
March 03, 2021 09:33 PM AEDT| By Team Kalkine MediaSource: Wit Olszewski, Shutterstock Summary Ethereum has broken the major support zone on the daily chart and delivered an impressive return of ~273 percent in the last three months. Now the Ethereum prices are trading near major hurdle around...
How Bond Yields are Driving the Forex Market
March 03, 2021 08:20 PM AEDT| By Daminie Australian dollar. The bond market has begun to recover from the recent market sell-off, inducing a fall in the US Treasury yields. Last week, the sudden rise in the US bond yields soothed the enthusiasm of stock participants around the world,...
NZ Facing Massive Rise In House Prices- Will It See A Silver Lining?
March 03, 2021 08:10 PM AEDT| By Team Kalkine MediaSource: Nature's Charm, Shutterstock Jacinda Ardern, NZ Prime Minister, who had vowed to resolve the country’s housing problem upon her election as the PM, is under constant pressure to control the country’s escalating housing prices....
NZ Super Fund announces Catherine Drayton as Chair while staying positive on its investment approach
March 03, 2021 06:20 PM AEDT| By Team Kalkine MediaSource: kan_chana, Shutterstock Coronavirus pandemic led to several challenges and resulted in a turbulent year for financial markets. In spite of the pandemic’s damaging impact, the Guardians of NZ Superannuation stays positive in its long-te...
Cipla Join Hands With Alvotech For Distribution Of Medicines in AU and NZ
March 03, 2021 06:16 PM AEDT| By Team Kalkine MediaSource: funnyangel, Shutterstock India’s leading pharmaceutical company, Cipla notified on 2 March 2021 that its subsidiary Cipla Gulf FZ LCC (popularly known as Cipla Gulf) has entered a strategic alliance with Iceland domiciled Alvotec...
Which Stocks Are Searched By The Retail Investors For investment?
March 03, 2021 03:59 PM AEDT| By Mark O'DonnellSource:Mihai_Andritoiu,Shutterstock The retail activism on the US stock exchanges has continued into March as well. It all started with GameStop Corp (NYSE:GME) in January but has not stopped there. Source: © Brodogg1313 | Megapixl.com The...
Electric Vehicles: 6 Stocks To Watch Out For in 2021 Apart From Tesla
March 03, 2021 02:13 PM AEDT| By Mark O'DonnellSource: Smile Fight,Shutterstock Tesla Inc (NASDAQ:TSLA) is the highest-selling EV brand in the world, and an investor’s favourite. Tesla stock has risen 370% in the past year. On 2 March, Tesla last traded at US$686.44, declining b...
Ant Group Rekindles IPO Hopes
March 03, 2021 01:39 PM AEDT| By Team Kalkine MediaSource: VideoFlow,Shutterstock Summary Ant Group is working towards a short-term liquidity solution for employees. The top management has confirmed its intention of getting the company listed after resolving issues with authorities....
Chinese hackers breach Microsoft email security
March 03, 2021 01:36 PM AEDT| By Team Kalkine MediaSource:Volodymyr,Shutterstock Summary Microsoft confirms of being targeted by supposedly a state-sponsored hackers’ group from China. In an attempt to conduct cyberespionage, hackers exploited the flaws in Microsoft email sof...
US Stocks End Lower On Lingering Worries Over Volatility, Recovery
March 03, 2021 08:47 AM AEDT| By Team Kalkine MediaSource: Sodel Vladyslav,Shutterstock Summary S&P 500 dropped 0.81%, Dow Jones plunged 0.46%, and NASDAQ shed 1.69%. Most industry sectors that were up in the previous session declined on Tuesday. Ten-year US Treasury Bond yields dropped 2...
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Strong Demand Lifts Factory Activity Across the Globe in February
March 02, 2021 06:13 PM AEDT| By Daminiis further expected to push demand and factory activity over the near term. Without a doubt, COVID-19-driven lockdown restrictions initially weighed heavily on the services sector, interrupting factory activity worldwide. However, the recent pi....
RBNZ to continue with easy policy settings
March 02, 2021 02:29 PM AEDT| By SonalSource: Michael Leslie,Shutterstock Summary RBNZ is not in any rush to eliminate stimulus and would maintain easy policy settings for a long period. The bank has the capacity to adjust the size of its LSAP functions from 1 week to other....
Citi report: Bitcoin, the ‘North Star’ of cryptocurrencies, at a tipping point
March 02, 2021 01:52 PM AEDT| By Team Kalkine MediaSource: Iaremenko Sergii ,Shutterstock Summary As per a Citi report on bitcoin, the digital cryptocurrency is at a tipping point and can be the currency of choice for international trade. Gradually, bitcoin is entering the mainstream. How...
Housing Unaffordability Rising Faster In Western Countries
March 02, 2021 01:39 PM AEDT| By Mark O'Donnellfastest and is tracking to surpass Vancouver, Sydney, and Hong Kong in the future. Hong Kong’s limited space and high population have helped the country’s housing market retain the title as the most unaffordable for the past decade.....
US Stocks Rise As Bond Yield Stalls, Rate Fear Wanes
March 02, 2021 08:44 AM AEDT| By Team Kalkine Mediali>All sectors accelerate after previous week’s decline, posting modest gains. All major US stock indexes closed higher on Monday as the ascent of treasury bond yields appeared to have slowed down from last week’s surge and fears ove...
Why NIO Stocks (NYSE:NIO) Are The Target of Wall Street Investors
March 02, 2021 08:34 AM AEDT| By Team Kalkine MediaSource: soul_studio, Shutterstock Summary NIO Inc. stocks (NYSE: NIO) rose more than 1100 percent in the past year. It plans to foray into the European market in the latter half of 2021. The stock has been riding on robust volumes in rec...
Is a third US stimulus check around the corner?
March 02, 2021 08:10 AM AEDT| By AayushSource: ungvar,Shutterstock Summary Democrats are pushing to pass a US$1.9 trillion coronavirus relief bill this week. The terms have called for direct payment of US$1,400 to each individual based on the same income thresholds as the prio...
