Cryptocurrency

The Quadriga crypto fraud saga, and lessons for crypto investors

Quadriga crypto

That the value of any crypto asset can change drastically in the blink of an eye is what most investors are now aware of. That a large crypto exchange can be a just-another Ponzi scheme is what many of us may have forgotten. ‘Bitcoin Widow&r...

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Are there foreign policy challenges looming for NZ in 2022?

Are there foreign policy challenges looming for NZ in 2022?

  • January 13, 2022 05:57 PM NZDT
  • Manika

Highlights New Zealand faces several foreign policy challenges in 2022. The country’s top priority is its relations with China and how to balance it. Emerging as a major voice for climate change is another one. The COVID-19 pandemic...

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Which are top 5 NZX stocks closely watched by investors?

Which are top 5 NZX stocks closely watched by investors?

  • January 13, 2022 04:48 PM NZDT
  • Sonal

The year 2021 did not exactly turn out to be the way investors were expecting as COVID-19 vaccines failed to stop the virus spread, disturbing supply chains and raising inflation to record levels. Trading volumes have stayed light as the country s...

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Know more about Enprise Group’s associate, Datagate

Know more about Enprise Group’s associate, Datagate

High-tech software and services investment company Enprise Group Limited (NZX:ENS) has investments in five businesses, one of them being Datagate Innovation Limited. ENS holds 33.12% stake in Datagate, which offers online billing and reporting por...

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NZ’s building approvals struck new highs in November

NZ’s building approvals struck new highs in November

  • January 13, 2022 01:54 PM NZDT
  • Sonal

Highlights Stats NZ data revealed that 48,552 homes were given consents in the year ended November 2021, up 26% on pcp. Auckland crossed the 20k threshold for the first time in new home consents. The latest statistics from Stats NZ release...

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Iran plans to allow cryptocurrencies for international trade

Iran plans to allow cryptocurrencies for international trade

  • January 13, 2022 11:53 AM NZDT
  • Ashish

Highlights Iran is planning to build a groundwork for the use of cryptocurrencies for international trade. The Central Bank of Iran (CBI) has reached an agreement with the Ministry of Trade to link its payment platform to such a trade system. ...

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US stocks edge higher after inflation data

US stocks edge higher after inflation data

Benchmark US indices closed higher on Wednesday, January 12, despite the consumer prices data showing that inflation is at its highest level in nearly four decades. However, the gains in the technology stocks helped the market to maintain a steady mo...

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IMF- emerging economies must prepare for Fed policy tightening

IMF- emerging economies must prepare for Fed policy tightening

Highlights What happened in 2021 lays a ground for how the market would react amid a pandemic.  According to the IMF, the coming months look challenging for emerging economies, keeping in mind factors like elevated inflation and high publi...

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What is Crypto Skulls NFT? Does it make a good investment?

What is Crypto Skulls NFT? Does it make a good investment?

Highlights Like CryptoPunks, which is a project by Larva Labs, Crypto Skulls are selling as NFTs NFTs have their own dedicated exchange platforms, including OpenSea, which is a multi-billion-dollar project Crypto Skulls will also have its own ...

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Northern Bass cancelled due to COVID-19 threat, plus other major NZ updates

Northern Bass cancelled due to COVID-19 threat, plus other major NZ updates

Highlights Northland’s popular music festival, Northern Bass, gets cancelled in the wake of rising Omicron cases. NZ’s construction sector offered maximum jobs last year, cites Stats NZ. Summerset Group Holdings to publish its FY21...

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World Bank slashes China’s growth figures

World Bank slashes China’s growth figures

Coronavirus pandemic has played havoc on world economies. As the new year began, people globally were optimistic and had high hopes that their lives would be restored to normal, and their Country’s economy would come on track. However, it doe...

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