News

Pfizer-BioNTech’s COVID-19 vaccine shows 100% efficacy in young adol...

Source: solarseven, Shutterstock Summary Pfizer-BioNTech’s COVID-19 vaccine has proved to be 100% effective in young adolescents (12-...

How The Collapse Of Hedge Fund Archegos Capital Led To Global Banks...

Source: wutzkohphoto, Shutterstock Summary The Archegos Capital’s collapse may lead to massive loss for global banks such as Goldman Sachs...

Tourism Infrastructure Fund: Is The Government Ready To Shell Out NZ...

Source: PhotonCatcher, Shutterstock NZ government plans to re-introduce Tourism Infrastructure Fund to give impetus to the economy, as updated by Hon...

Is NZ Business Confidence Moving Down?

Source: Panumas Yanuthai, Shutterstock Summary ANZ releases Business Outlook report, which shows falling confidence. Housing weaker than before...

Is NZ Moving In The Right Direction To Resolve Its Housing Market Di...

Source: godshutter, Shutterstock Summary New Zealand is witnessing a surge in its housing prices almost for a year now. The Government has intr...

RBNZ Eases Dividend Restrictions on Banks Due to Signs of Economic R...

Source:Peshkova, Shutterstock Summary The RBNZ partially removes restrictions on dividend payouts by banks. Allows banks to pay up to 50% as di...

5 Major US IPOs to Watch Out For In 2021

an-based EV truck-maker Rivian expects a US$$50-billion valuation after IPO. Several companies have drawn up plans to go public this year after t...

US Markets Edge Lower, Weighed Down By Tech, Healthcare Stocks

Source: Copyright © 2021 Kalkine Media Pty Ltd.   Summary IMF to raise the global economy forecasts for 2021 and 2022 next week. The...

Canadian Securities To Regulate Crypto Platforms

Source: Wit Olszewski, Shutterstock Canadian Securities Regulators and the Investment Industry Regulatory Organization of Canada (IIROC) unveiled the...

Wisk Set to Start Trials of Unmanned Electric Air Taxi Soon in NZ

Source: travellight, Shutterstock Summary Wisk under AITP of NZ Government will start trials of unmanned electric air taxis soon Wisk which is...

A look at the latest updates on COVID-19 vaccines across the globe

Source: New Africa, Shutterstock Summary Pfizer-BioNTech and Moderna’s COVID-19 shot reduced the risk of infection by 80% after the first...

NZ government ties up with Leaft Foods to produce greener foods

Source Fotokostic, Shutterstock Summary The NZ Government has partnered with Leaft Foods on a new R&D programme. The programme's mission is...

Will Australia go the NZ way of checking house prices?

Source:Brian A Jackson, Shutterstock Summary Housing affordability worries could result in more Kiwis shifting to Australia. House prices in NZ...

S&P 500, NASDAQ End in Red While Dow Jones Gains

loss arising from transactions with a client in the U.S. Trade route through Suez Canal reopened on Monday. Wall Street closed on a mixed note o...

Nickel prices are under pressure after a steep rally, what are the c...

Source:Evgeny_V, Shutterstock Summary Recent fall in SHFE Nickel price backed by demand concerns arising due to slow economic recovery from the...

Bitcoin’s Roller-Coaster Continues In March

Source: 3Dsculptor, Shutterstock The month of March has been quite special for the world’s largest cryptocurrency, Bitcoin, which recorded an a...

Will Suez Canal Blockage Cause Major Supply Chain Disruptions?

Source: Travel mania, Shutterstock Latest in news is that Ever Given, the giant ship that was stuck at the Suez Canal since the last 6 days, has been...

Firstgas Announces its Decarbonisation Plan and Timeline

Source: Timofey Zadvornov, Shutterstock Firstgas Group, which is a major gas provider to homes and businesses, announced its timeline to decarbonise...

Experts believe vaccinating children is key to achieving herd immuni...

Source: siam.pukkato, Shutterstock Summary With the world getting millions of COVID-19 vaccines daily, experts believe that herd immunity can on...

Are Gold and Silver Losing shine?

Source: Olivier Le Moal, Shutterstock Summary Gold gave its first quarterly negative returns since September 2018. The rising bond yields...