News
Why NZ House Buying Spree Refuses to Die Down
April 20, 2021 06:38 PM PDT| By Team Kalkine MediaProperties are being snapped up in New Zealand quickly. Several properties in various regions are experiencing a decline in the time a house is sold in the market as compared to 2020. As per the latest data from real-estate consultant Trade Me, an a...
Why Netflix remains the king of streaming giants
April 20, 2021 06:08 PM PDT| By Team Kalkine MediaOnline streaming sites have been gaining steam since the COVID-19 pandemic arrived. The huge success of Netflix prompted many Over-the-Top (OTT) players to test their luck in the subscription-based streaming business. Players such as Walt Disney (N.....
Wall Street Ends Lower as Financials, Energy Stocks Decline
April 20, 2021 03:17 PM PDT| By Team Kalkine MediaThe major U.S. stock market benchmark indexes closed lower on April 20, 2021, for the second consecutive day after reaching record highs last week. S&P 500 lost 28 points while Dow Jones Industrial Average lost 256 points. Financials and energy s...
Juventus Shares Slip 9% After 18% Gain on Super League Inclusion Plans
April 20, 2021 07:08 AM PDT| By AbhijeetSummary Shares of Juventus FC SpA retreated sharply in the afternoon deals on Tuesday, 20 April The stock witnessed immense selling pressure in the wee hours of trading On 19 April, shares of Manchester United and Juventus rallied on Super Lea.....
Semiconductor Shortage Chipping Away at EV industry Production
April 20, 2021 02:17 AM PDT| By Team Kalkine MediaSummary The global auto industry is facing an acute shortage of semiconductors, derailing production estimates for 2021. The coronavirus pandemic-induced challenges hit supply chain of semiconductors last year. Though the auto industry picked u.....
A glance at five Important Cryptocurrencies other than Bitcoin and Ethereum
April 20, 2021 06:48 PM AEST| By Team Kalkine MediaSummary Besides Ethereum and Bitcoin, there are over 4000 cryptocurrencies, some of which have performed well in recent times and are worth examining. Litecoin, a decentralised peer-to-peer crypto, is currently trading at US$253.78 compared to .....
The Monumental Trans-Tasman Touchdown
April 20, 2021 01:14 AM PDT| By RomaSummary Trans-Tasman Bubble finally opens, first flight touched down successfully. People from both the countries welcomed the event with celebrations. Decision about other countries’ travel situation remains pending. There were the.....
Will Trans-Tasman bubble give a respite to the NZ economy?
April 19, 2021 11:07 PM PDT| By Team Kalkine MediaSummary The AU-NZ travel bubble news came as a respite for many families and tourist operators. Jacinda Ardern had announced that trans-Tasman bubble would begin from 19 April. Travel bubble could give a boost to NZ economy by $1 billion. .....
In New Report, Concerns Raised About New Zealand’s Productivity
April 19, 2021 09:48 PM PDT| By RomaSummary Concerns about New Zealand productivity after new report. Product Commission Chair advices innovation to New Zealand businesses. Smart work over hard work, need of the hour. Smart work has always fetched better results than hard w.....
Countries move to ban travel from India as COVID-19 unleashes havoc
April 19, 2021 08:31 PM PDT| By Furquan Moharkanour next week India reported more than 250,000 cases for three days in row The countries across the globe have started to ban travel from India, as the world’s second most populous country is grappling with heavy surge in the COVID-19 cas...
New Zealand Not Happy About Five Eyes Alliance Growth
April 19, 2021 07:17 PM PDT| By Team Kalkine MediaSource: Tang Yan Song, Shutterstock Summary The Five Eyes Alliance was formed for co-operation on signals intelligence. However, the member countries are giving opinions and raising concerns about issues outside the stated realm, such as Hong...
Trip.com Jumps on Hong Kong Debut
April 19, 2021 06:07 PM PDT| By Team Kalkine MediaSource: Oleksiy Mark, Shutterstock Summary Trip.com shares traded 4% higher from their issue price on the first day of trading in Hong Kong. Proceeds are planned to be used for the expansion of offerings and improving user experience and...
US Stocks End in Red; S&P 500, Dow Jones Drop from Record Highs
April 19, 2021 03:08 PM PDT| By Team Kalkine MediaSource: Copyright © 2021 Kalkine Media LLC All the major U.S. stock market benchmarks closed lower on Monday, April 19, 2020. The S&P 500 and the Dow Jones Industrial Average slipped from their all-time highs set on last Friday. Technology...
PPG Industries Inc. Is at Record Peak, What to Expect Ahead?
April 19, 2021 03:24 AM PDT| By Team Kalkine Mediaositive trend for the stock but at the same time, an overbought condition. PPG Industries Inc. (NYSE: PPG) is a manufacturer of a wide range of coatings and specialty materials. PPG’s price has broken out of its all-time high on Friday and se...
Are Bitcoin Bears Gaining Strength or Bulls Retreating To Take a Leap?
April 19, 2021 03:00 AM PDT| By Team Kalkine Mediar band of channel pattern and the RSI (14-period) has formed a negative divergence. Bitcoin in just 3 months had rallied ~ 125.77 percent from the low of USD 28,745.55 made on January 2021 to a new lifetime high of USD 64,899.97 tested on...
Is Advanced Micro Devices Inc. Catching Momentum from Crucial Support Zone?
April 19, 2021 03:00 AM PDT| By Team Kalkine MediaSource: Macro photo, Shutterstock Summary Advanced Micro Devices (NASDAQ: AMD) gained 5.68% percent in the last trading session and was one of the top gainers in the NASDAQ 100 index. Last week, AMD had pierced through a downward trendline and...
Dogecoin has a tiger’s roar, soars 440% in a week
April 19, 2021 07:34 PM AEST| By Team Kalkine Mediaed as the cryptocurrency soars on sheer popularity and not on the underlying asset. Dogecoin has witnessed a rise of a staggering 18,000% from a year ago with the current market value of ~US$49 billion, according to CoinMarketCap. Over the past-...
Music to your ears? How podcasting is taking traditional media by storm
April 19, 2021 02:00 AM PDT| By Team Kalkine Mediado not. Joe Rogan’s Spotify deal is the largest in podcasting history. The COVID-19 pandemic has seen a plethora of listeners migrate to various niche podcasts. Most notably, the genre of true crime has attracted a large portion of liste....
Indian markets feel the heat as COVID-19 rattles the country
April 18, 2021 11:30 PM PDT| By Team Kalkine Mediaber of daily COVID-19 deaths – displacing Brazil The raging COVID-19 pandemic has wreaked havoc in India, the world’s second most populous country. On Monday, the equities in the country opened deep in red, despite most of its...
Asia markets open in green, COVID-19 wreak havoc in India
April 18, 2021 09:43 PM PDT| By Furquan MoharkanSource: REDPIXEL.PL, Shutterstock The Asian markets on Monday morning are seeing a positive opening with investors keenly watching developments in China’s Alibaba Group Holding Ltd (NYSE:BABA) and India’s worsening COVID-19 situation....