News

US markets draw the curtain on a topsy-turvy week with positive note

July 10, 2021 07:06 AM AEST | By Sanjeeb Baruah

Benchmark US indices recovered the previous day’s losses to end the week on a high note on Friday, July 9, with the S&P 500 notching another...

How one can trade Bitcoin in New Zealand? How is the country explori...

July 10, 2021 06:00 AM AEST | By Sonal

The cryptocurrency market has grown in popularity in recent years, opening up a slew of possibilities for traders to bet on market values. Significant...

Former NYSE President Tom Farley’s Far Peak Acquisition to merge wit...

July 10, 2021 01:33 AM AEST | By Invezz

Far Peak Acquisition Corp Class A (NYSE: FPAC) will bring crypto exchange Bullish public as part of a SPAC deal. When the deal concludes, Thomas Farle...

What is the COVID-19 lambda variant, and how fast is it spreading?

July 10, 2021 12:44 AM AEST | By Tripti Joshi

Summary The lambda variant of the novel coronavirus originated in Peru, South America, and has spread to 30 countries so far. On 14 June 2021, the...

Banking on Crypto: When will we fully embrace the crypto revolution?

July 10, 2021 12:35 AM AEST | By Daniel Paul Johns

2008 saw the largest global financial meltdown since the Great Depression. The period immediately following and up till today saw a brutal dissection...

Is future of NZX renewable energy stocks promising?

July 09, 2021 06:27 PM AEST | By Sonal

Summary About 80% of electricity in New Zealand is produced using renewable sources. There is a strong rationale for renewable energy investment b...

Third shot of COVID-19 vaccine: Pfizer to seek US authorization

July 09, 2021 06:15 PM AEST | By Tripti Joshi

Summary Researchers are investigating the third dose of the COVID-19 vaccine to provide better protection against the emerging variants of the coro...

How has Bitcoin fared in 2021?

July 09, 2021 05:44 PM AEST | By Daniel Paul Johns

Summary Bitcoin is currently valued at US$32,859.70. If one were to only look at its price at the beginning of January and saw it was valued at US$...

Why APAC indices are in choppy waters today

July 09, 2021 03:50 PM AEST | By Furquan Moharkan

The benchmark indices of equities across the Asia Pacific (APAC) region slumped on Friday following an overnight sell-off on Wall Street. But in the A...

Know the 10 biggest retail companies around the world in 2021

July 09, 2021 03:41 PM AEST | By Manika

The year 2020 was the best and the worst year for the retail sector. It was the best year as shoppers who were working from home had a new set of need...

No spectators at Tokyo Olympics as COVID-19 is rearing its ugly head...

July 09, 2021 02:42 PM AEST | By Furquan Moharkan

Last year, when the Tokyo Organising Committee (TOCOG) and the International Olympic Committee (IOC), despite their initial resentment, postponed the...

Where do major auto companies get their lithium from?

July 09, 2021 02:39 PM AEST | By Team Kalkine Media

The demand for lithium is heating up, sparking concerns about tight supplies of the metal. Lithium is the main component of chargeable batteries, whic...

QUAD needs to think economics. Here is why

July 09, 2021 01:29 PM AEST | By Furquan Moharkan

As the world is trying to battle its way out of the COVID-19 pandemic, the skepticism towards China has multiplied manifold in the past one and half y...

Look at the top 8 cryptocurrency exchanges operating in New Zealand

July 09, 2021 01:26 PM AEST | By Jasmine Anand

Summary Just like stock exchanges, which offer trading in shares, cryptocurrency exchanges offer trading in digital assets. These exchanges help c...

NZ railways to get NZ$1.3-billion investment in next 3 years

July 09, 2021 10:35 AM AEST | By Roma

Summary Three-year rail investment program pledges NZ$1.3-billion investment. KiwiRail can begin a new era of consistency and success. Responsibl...

Is Neo a good cryptocurrency? Is it better than Ethereum?

July 09, 2021 09:40 AM AEST | By Sonal

Summary NEO is a blockchain project of China and is committed to creating a smart economy. Neo uses a consensus mechanism to protect its blockchai...

Are ETFs good investment options for beginners?

July 09, 2021 08:42 AM AEST | By Team Kalkine Media

Summary There are more than 2100 Exchange Traded Funds (ETF) in market. ETFs present the combination of mutual fund and stocks. There are active...

Moving iMage (MITQ) IPO: Stock jumps 700% on NYSE debut

July 09, 2021 08:09 AM AEST | By Kiran Murali

Summary The California-based digital cinema company priced its IPO at US$3 per share. Moving iMage stock ended first-day trading on NYSE at US$24....

Carver (CARV), Urban One (UONE): 2 rising stocks on Thursday

July 09, 2021 07:57 AM AEST | By Team Kalkine Media

Summary Carver Bancorp’s stock price more than tripled, while Urban One jumped over 20 percent. Carver Bancorp’s share price is up app...

Wall Street stocks retreat on economic concerns

July 09, 2021 07:46 AM AEST | By Sanjeeb Baruah

All major US stock markets closed their sessions in red on Thursday, July 8, as a continued demand and supply imbalance raised concerns about the heal...