News
Oil Stamps Domination: Atleast That’s What Benchmarks Tell
April 06, 2021 02:59 AM PDT| By Furquan MoharkanShare Index while green index rejig has impacted New Zealand stock market The stock markets have been on steroids after the central banks across the globe started pumping in the liquidity in their respective economies. As monies started flowing....
COIN Stock: All You Need To Know About Coinbase’s Nasdaq Debut
April 06, 2021 06:48 PM AEST| By Team Kalkine Mediaoinbase opted for a direct listing rather than traditional initial public offering. The U.S. Securities and Exchange Commission (SEC) has green lit Coinbase Global, Inc.’s plans for direct listing, the cryptocurrency exchange informed on F...
Will CBOT soybean price continue to soar or cool off?
April 06, 2021 01:32 AM PDT| By Team Kalkine Mediayear high, however, RSI (14-period) is trading in the overbought zone. CBOT Soybean price has soared on strong demand from China and growing demand for soybean crush in Brazil and the United States. The world’s soybean import increased to...
Things you should know about quarantine-free trans-Tasman travel
April 06, 2021 12:54 AM PDT| By Team Kalkine MediaSource: Jo Panuwat D, Shutterstock Summary The two-way corridor between Australia and NZ will open on April 18. However, the travel will be more restricted than it was before COVID-19. Air NZ and Qantas plan to increase flights between Austra...
Will Crypto Craze Subside Anytime Soon?
April 06, 2021 03:57 PM AEST| By Daminicted to continue garnering importance in the mainstream investment portfolio. The cryptocurrency fever has been taking hold of both institutional and retail clients over the recent months, stimulating demand for crypto assets like Bitcoin. The b...
Kiwi renters are struggling despite government’s housing market changes
April 05, 2021 10:06 PM PDT| By Team Kalkine MediaSource: godshutter, Shutterstock Last week, Ardern had announced many changes to the housing market, which included removal of interest as a taxable expense for landlords, increased income caps for first home buyers and extension of bright line test...
Australia-NZ Travel bubble to begin in 2 weeks: Ardern
April 05, 2021 09:21 PM PDT| By Team Kalkine Mediaheir plans. The bubble is expected to be there before April end. After a cabinet meeting Tuesday, NZ PM Jacinda Ardern announced that the trans-Tasman bubble with Australia will begin from 18 April at 11:59 pm. The travel bubble will allow Ki...
With scrips rising 10x, GameStop aims US$1 billion equity mop-up
April 05, 2021 09:04 PM PDT| By Team Kalkine MediaSource: Julio Ricco, Shutterstock American videogaming company GameStop Corp (NYSE: GME) is looking to raise US$ 1 billion, as it tries to capitalise on the massive rally its stock has seen this year. © Marangifoto | Megapixl.com The capita...
Solar giant LONGi Green set to foray into hydrogen space
April 05, 2021 07:38 PM PDT| By Team Kalkine MediaSource: Gyuszko-Photo, Shutterstock Summary The world’s largest solar company is all set to enter the hydrogen market. The adherence to the Parris Agreement on climate change has made the renewable energy sector highly lucrative, and mos...
Strong Macros Propel Dow 30 To Historic High
April 06, 2021 11:30 AM AEST| By Team Kalkine MediaSource:ESB Professional, Shutterstock The Dow Jones Industrial Index (Dow 30) – the 30-share, large-cap benchmark of Wall Street -- closed on historic high levels on Monday, on the back of strong macro numbers coming in from the world’s...
US Stocks Rally over Strong Jobs Report
April 05, 2021 05:45 PM PDT| By Team Kalkine MediaThe economy added 916,000 jobs in March, the highest growth since August 2020. U.S. is reportedly working with G20 nations on a global minimum corporate tax rate. The U.S. stock market benchmarks the S&P 500 and the Dow Jones Industrial Av....
What’s new in the EV segment? A sneak peek at latest updates
April 04, 2021 07:01 AM PDT| By Team Kalkine MediaSource: Travelpixs, Shutterstock Summary With the booming EV sector, several new players are entering the space. Governments are investing in EV infrastructure to sustain growth. Semiconductor shortage is an area of concern not just for the E...
Are rising Crude Oil Prices a concern for energy hungry nations?
April 03, 2021 06:37 AM PDT| By AkshaySource: Anan Kaewkhammul, Shutterstock Summary The Brent crude oil futures surged to US$63.79 a barrel on 1 April 2021 at 6:22 PM AEDT. The slower vaccine roll-outs and the imposition of lockdowns in France and other European nations may affec...
Preparing for future: Global Leaders back treaty to fight potential pandemics
April 02, 2021 09:51 AM PDT| By Team Kalkine MediaSource: Nhemz, Shutterstock Summary Several nations have come together to support a global treaty to protect them from future health emergencies as they continue to grapple with the ongoing pandemic. The proposed treaty will guarantee universal...
US Stocks Surge On Recovery Hopes, S&P 500 breaches 4000 mark
April 01, 2021 08:17 PM PDT| By Team Kalkine MediaSource:Copyright © 2021 Kalkine Media Pty Ltd Summary All the three benchmarks ended trading on Thursday higher. Jobless claims during the week ended March 27 increased to 719,000. Biden’s US$2 trillion infrastructure funding plan...
Worrying about rising bond yields? Here’s how to protect your portfolio
April 01, 2021 10:43 AM PDT| By AayushSource: Andrii Yalanskyi, Shutterstock Summary Having a judicious mix of debt with equity provides stability to the portfolio returns. Picking up a value stock at a bargain could provide a decent margin of safety during market sell-off. An in...
Why Has NZ Refused to Join The Chorus Against WHO Report on Coronavirus?
April 01, 2021 02:49 AM PDT| By ManikaSource: Andrii Vodolazhskyi, Shutterstock New Zealand has refused to join the countries who cast a shadow of doubt on the World Health Organisation’s (WHO) findings on the origin of Coronavirus. New Zealand government said it would take an ind...
Price Rise: NZ Housing Crisis Continues To Bite Kiwis
April 01, 2021 02:08 AM PDT| By Team Kalkine MediaSource: Artazum Shutterstock Summary NZ middle-class and first-time home buyers sweat it out, as affordable accommodation appears to be distant dream. Housing issue continues as their prices escalate to a record high of 16.1% since 2006. Gove...
How are battery metals Lead and Zinc poised on charts
April 01, 2021 12:52 AM PDT| By Team Kalkine Mediane in January 2021 and since then trading below the breakout level. Lead Futures (SHFE: SPBc1) prices are trading above an upward sloping trend line (orange color line in the below chart) for the past 1 year, indicating an uptrend for the commod...
Fujifilm Undergoes Name Change as A Part of Revamp 101
March 31, 2021 10:25 PM PDT| By RomaSource:SFIO CRACHO, Shutterstock Summary Fujifilm undergoes name change, gears up for total revamp Ending association with Fujifilm Xerox, a big move Company hopes to deliver innovative new technologies to its clients in the near future...