News

RBNZ’s Monetary Review:  Will OCR Be Raised On Wednesday?

Source: Freedomz, Shutterstock Summary Monetary Policy Review to be done on Wednesday. Will the Central Bank fiddle with the OCR is the questio...

EVs are environment friendly, but too unfriendly on Kiwis’ pockets

Source: THINK A, Shutterstock Summary The cost of EVs is a problem for most car shoppers in NZ. Kiwis might go for used EVs but there certain t...

Saudi Aramco Raises $12.4 Bn By One of The World’s Largest Energy In...

Source: 63ru78, Shutterstock Summary Saudi Aramco will be selling a minority stake in a newly formed Pipeline Rights Unit. The deal involves 25...

Alibaba Fined A Record $2.75 Billion By Chinese Authorities

Source: Andrii Yalanskyi, Shutterstock Summary The Chinese tech behemoth owned by one of the most successful entrepreneurs Jack Ma has been fine...

What’s in President Biden’s 2022 Budget Proposal

hike in government spending, a whopping 40% increase from the 2021 fiscal year. President Joe Biden is seeking more funds for education, healthca...

Wheat Futures taking a breather?

Source:sutadimages, Shutterstock Summary Global production of Wheat hit record levels in March 2021 thanks to bumper crop in Australia. Wheat F...

India’s Rising COVID Cases A Cause of Worry

© Marbenzu | Megapixl.com The rising Covid-19 cases in world’s second most populous country – India – is a very worrying trend...

Tech stocks, BNPL players taking stock markets higher

Source: TZIDO SUN,Shutterstock As major economies of the world continue to shake off the damages done by the pandemic, the major stock markets h...

Are NZ’s new property investment curbs distasteful?

Source: xiaoyuguai, Shutterstock Summary PM Jacinda Ardern announced many changes in housing policy of NZ in March. Property investors are not...

What To Expect From Bank Of Japan's CBDC Pilot

Image: Pixabay The Bank of Japan (BoJ) unveiled its central bank digital currency (CBDC) pilot project earlier this week. The experiment will analyze...

S&P 500, Dow Jones Set New Records As Healthcare, Tech Stocks Rally

Source: Copyright © 2021 Kalkine Media Pty Ltd. The US benchmark indices S&P 500 and Dow Jones Industrial Average set new closing records on...

Will JPMorgan Continue to Soar?

Source: pcruciatti, Shutterstock Summary JPMorgan Chase & Co. (NYSE: JPM) hit a new lifetime high and delivered a return of ~27 percent in t...

What Does IMF’s World Economic Outlook Say in Detail?

Source: MuhsinRina, Shutterstock When the International Monetary Fund (IMF) raised global growth forecast in its April update, there was a certain de...

Prince Philip, Queen Elizabeth II’s Husband, Passes Away At 99

Source: Pixabay Prince Philip, husband of Britain’s Queen Elizabeth II, passed away on Friday, April 9, the Buckingham Palace has announced. He...

Medical Kiwi Not To Be listed On NZX For Now

Source: Stereo Lights, Shutterstock In the latest update, Medical Kiwi, which is dealing in medicinal cannabis, has not received a greenlight to trad...

AstraZeneca’s COVID-19 vaccine: A look at recent challenges

e links of blood clots after the administration of AstraZeneca’s jab. The COVID-19 vaccine manufactured by Oxford University and AstraZenec...

What you should know about Bitcoin mining

coin miner uses his computing power to verify a transaction by solving the puzzle. Since the introduction of Bitcoin (BTC) in 2009 by Satoshi Nak...

2 Warren Buffet Stocks with Stellar Performance

Source:Explode, Shutterstock Summary Berkshire Hathaway holds a 5.28 percent and 8.49 percent stake in Apple and RH, respectively. Apple, which...

HP New Zealand Proposes RPM to the Commerce Commission

Source:Lukmanazis, Shutterstock Summary HP proposes RPM for new market conditions. Several aspects such as pricing, competition, and market con...

ICE Cotton prices in a correction mode, more pain to continue?

Source:Agnes Kantaruk, Shutterstock Summary Global production of Cotton is expected to rise by ~4.70 percent in 2021/22. Global consumption of...