News
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Aotearoa Circle's Sustainable Finance Forum Out; NZGIF under the Spotlight
November 03, 2020 03:19 PM AEDT| By Team Kalkine MediaThe latest report by Aotearoa New Zealand’s Sustainable Finance Forum (SFF), representing the collective initiatives of the SFF undertaken from January last year to November 2020, is grabbing headlines lately. The report sets out priorities a.....

Is the NZ housing market set to thrive?
November 02, 2020 05:48 PM AEDT| By Team Kalkine MediaThe housing market of NZ has been surging substantially after the Alert level 4 lockdown ended, partly due to low interest rates, removal of loan to value ratio restrictions temporarily and scarcity of homes for sale. People are flocking to purcha.....

Amex, Visa and Mastercard hit hard by subdued international travel
November 02, 2020 04:09 PM AEDT| By Team Kalkine MediaInternational travel continues to be one of the areas suppressed by pandemic implications. Although international travel has resumed in channels, the return to pre-pandemic levels is far. In the light of rising infections in Europe, countrie.....

Weak iPhone sales dragged Apple stock price in after-hours trading
November 02, 2020 12:46 PM AEDT| By Team Kalkine MediaApple Inc. shares declined by 5.2% in after-hours trading on 29 October as the Company once again failed to offer a financial outlook amid the ongoing certainty surrounding the coronavirus outbreak. Since coronavirus related delay caused the new s.....

Staycation and workation becoming the latest trends in the hospitality segment
November 01, 2020 01:20 AM AEDT| By Kunal SawhneyCOVID-19 has pushed people to come out of their daily routine and adapt to living in the new normal. The crisis has led the hospitality industry to bring innovation and modifications in their services as countries reopen gradually after seve.....

Why electric trucks are gaining more popularity?
November 01, 2020 12:11 AM AEDT| By Edita IvancevicElectric cars are likely to replace traditional vehicles in the upcoming years, as the demand for sustainable energy grows by the day. However, companies such as Tesla do believe that humanity can get out of the mess it created. Electric vehicles a.....

10 reasons why Bitcoin might not be the best investment
October 31, 2020 02:02 AM AEDT| By Edita IvancevicWhile traditional stock markets are prone to experiencing high volatility due to changing economic or political situations in the world, cryptocurrencies are not affected in the same way. They tend to be influenced by unprecedent, almost overnight .....

Negative official rates and FLP a downer for bank profits
October 30, 2020 07:24 PM AEDT| By Team Kalkine MediaLast month, in September, RBNZ (Reserve Bank of New Zealand) announced that the term funding for the FLP (Funding for Lending Programme) would be ready by the end of 2020 before it cuts OCR (Official Rate Cut) prior to March 2021, as there was a ne.....

ANZ's new emissions policy welcomed by conservationists but irks senior Nationals MPs
October 30, 2020 04:00 PM AEDT| By Team Kalkine MediaAustralia and New Zealand Banking Group (ASX:ANZ) and (NZX:ANZ) is a dual listed stock that unveiled its latest climate change policy, which will see the Bank moving away from funding thermal coal and switching to a zero-emissions economy by 2.....
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New Zealand votes for Euthanasia, Cannabis legalisation gets a thumbs down
October 30, 2020 03:41 PM AEDT| By Team Kalkine MediaIn a significant development, majority of the New Zealanders have voted yes to legalise Euthanasia. Preliminary results are out after the New Zealander cast their votes in two referendums – one for the End of Life Choice Act and second for th.....
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Is Tesla (NASDAQ:TSLA) maintaining its lead in the Battery Electric Vehicle race in Europe?
October 30, 2020 02:55 PM AEDT| By Team Kalkine MediaAutomotive industry giant Tesla Inc (NASDAQ:TSLA) grabbed world attention after it recently stated that it would export electric vehicles to Europe. Leading electric vehicle company reportedly announced that it has started to export Made-in-China M.....

Six NZ banks to start trial of regional banking hub in November
October 29, 2020 07:29 PM AEDT| By Team Kalkine MediaAs more and more customers shift to online banking, banks have been shutting their branches in small regional cities, adding to concerns that getting cash could become difficult in certain regions. But a consortium of banks has come up with a prop.....

Stargaze this weekend, The Mount John Summit reopens
October 29, 2020 03:15 PM AEDT| By Team Kalkine MediaTekapo tourist attraction the Mount John Summit Experience has reopened from Thursday, October 29. Mount John Observatory tours are famous for stargazing and are finally welcoming astronomy enthusiasts seven months after it was closed due to the CO.....

Microsoft & Netflix trading flat despite robust results, Here’s Why
October 28, 2020 06:18 PM AEDT| By Team Kalkine Mediaul> NASDAQ-listed Microsoft Corporation slipped lower on Tuesday post releasing its FY2021 Q1 earnings results as the tech giant fell short of analysts’ consensus over future earnings guidance. The stock settled ~ 2.84 per cent lower on 27...

PayPal Goes Active on Crypto Space, Slew of News
October 27, 2020 08:04 PM AEDT| By Team Kalkine MediaPayPal Introduces New Service Enabling Users to Transact Cryptocurrency: On 21 October 2020, PayPal announced the release of a new service that would allow the users to buy, hold & sell cryptocurrency straight from the PayPal account. The Comp.....

Woolworths ropes in KIWI executive Pejman Okhovat to overhaul Big W in Australia
October 27, 2020 05:09 PM AEDT| By Team Kalkine MediaHigh Street retail chain the Woolworths Group Limited (ASX:WOW) has hired Pejman Okhovat as Managing Director to take the transformation journey ahead for BIG W with its leadership team. Pejman will report to Claire Peters, who has joined as Managi.....
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Jack Ma’s Giant Ant Set to Make World’s Biggest Stock Market Debut
October 27, 2020 04:29 PM AEDT| By Team Kalkine MediaJack Ma’s Ant Group is set to raise US$34 billion when its shares start trading on the Hong Kong and Shanghai stock market in the upcoming weeks. With this, Ant Group’s IPO would become the world’s largest stock market debut on re.....
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COVID-19 Cases Resurge in US and UK, Vaccine Trials Back on Track
October 27, 2020 01:58 PM AEDT| By Team Kalkine MediaThe COVID-19 crisis threw the whole world into a dilemma of lives and livelihoods. The global virus crisis has engulfed almost the entire year, and till now, there is no effective treatment available to tackle the situation. The measures one can f.....

Meet HelloFresh, your home cooking companion!
October 26, 2020 11:13 PM AEDT| By Team Kalkine MediaHelloFresh SE (XETRA: HFGG), a German meal-kit delivery firm, is seeing higher demand as the pandemic-hit consumers are desperate to add some jazz to their home-cooked meals amid strict lockdown. Ready-to-cook food delivery service HelloFresh prom.....

Facebook and Twitter bosses issued subpoena, content moderation practices under lens
October 26, 2020 04:43 PM AEDT| By Team Kalkine MediaIn Washington's latest attack on Big Tech, the United States Senate Commerce Committee unanimously voted to issue subpoenas to the CEOs of Facebook, Google and Twitter, that will compel them to testify in front of Congress Facebook, Twitter and Go.....