News

2degrees ropes in Ericsson to build its 5G network in New Zealand

Source: ShutterOK, Shutterstock Summary 2degrees is collaborating with Ericsson to provide Kiwis advanced 5G network. First cell sites would be...

High on Coinbase’s IPO news, Bitcoin sets a new record 

Source: Bordovski Yauheni, Shutterstock Summary Bitcoin prices rose above the $63,700 level for the first time on Tuesday. Other popular c...

White House in firefighting mode after pause on J&J jabs

Source: RajCreatives, Shutterstock  Summary 6 bloodclots reported among the US citizens after J&J vaccine CDC, FDA analysing the...

S&P 500, NASDAQ Close Higher, Dow Jones Slips

Source: Copyright © 2021 Kalkine Media Pty Ltd The U.S. stock market benchmarks the S&P 500 and the NASDAQ Composite Index closed higher on...

Bitcoin Breaches US$63K Mark Ahead Of Coinbase’s Public Debut

Source: Andreanicolini, Shutterstock Bitcoin crossed the US$ 63,000-mark for the first time on Tuesday morning, April 13, a day before US crypto exch...

What’s Making Australian Dollar Weak And NZD Firm?

Source: Atstock Productions, Shutterstock Australia’s slow vaccine roll-out had an impact on the investor sentiment and the Australian dollar o...

Opinion: Banks may be reluctant lenders this year

Representative Image: A still-life with a home loan mortgage application, home loan calculator on smartphone and keys. © Cammeraydave | Mega...

New Zealand passes climate change law for financial companies

Source: CrizzyStudio, Shutterstock Summary NZ has become the first country to introduce a law that would need financial firms to explain the imp...

Uber clocks record bookings in March on vaccination boost

Source: Viacheslav Lopatin, Shutterstock Summary Uber’s gross bookings touched record high in March as consumer demand revives. Mobility...

WHO says COVID surge is ‘exponential’ right now

A picture of a closed shop, due to the surge of novel Coronavirus COVID-19 pandemic, © Chfonk | Megapixl.com The World Health Organisation...

Will NZ economic activity gather momentum in March quarter?

Source:Freedomz, Shutterstock Summary NZ has performed strongly in the race to combat COVID-19. A think tank’s latest quarterly survey ha...

US Stocks Decline Ahead of Earnings Season

Copyright © 2021 Kalkine Media Pty Ltd. The three major U.S. stock market indexes the S&P 500, Dow Jones Industrial Average and NASDAQ Compo...

New Upside Rally for PVH Corporation on the Cards?

Source: Daniel Fung, Shutterstock Summary PVH Corp. (NYSE: PVH) prices almost quadruple in the 8 months (from March 2020 to January 2021) and ma...

Evolution Gaming Seals Deal to Acquire Big Time Gaming for EUR450M

Source: Emanuele Ravecca, Shutterstock Sweden-headquartered Evolution Gaming Group AB (NASDAQ:EVO) is set to acquire Big Time Gaming Pty Ltd in a dea...

Are Kiwis inclining towards Australia amid soaring house prices?

­Source: Alexander Raths, Shutterstock The NZ government has taken several measures to curb the unsustainable rise in house prices. House prices...

Investors lose US$83 billion in one hour in India

Source: Indypendenz, Shutterstock The investors in Indian equities lost a whopping INR 6.24 trillion (US$73 billion) in the first hour of trade, on b...

Selling in APAC shares on US earnings test

Source: katjen, Shutterstock The shares across the Asia-Pacific (APAC) region are treading in red on Monday morning, as investors are trying to gauge...

What Is The Way Forward For Climate Change Initiatives?

Source: Sepp photography, Shutterstock Summary Climate change at industrial level will be more impactful. Strategic Government efforts shall re...

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...