News

US Stock Market Retreats Ahead Of Inflation Data

The U.S. stock market benchmark indexes Dow Jones Industrial Average and S&P 500 closed lower on Tuesday, May 11, while NASDAQ Composite Index end...

Will Inflation Cut Short The US Real Estate Boom?

Summary Although borrowings became cheaper for new homebuyers, fewer houses in the market have driven up the house prices. The current housing sal...

What Is Cardano (ADA) Crypto? What Is Its Price Prediction?

Cardano (ADA) is a blockchain platform that provides peer-reviewed research and consensus protocols. Through its advanced technology, it offers a secu...

10 Upcoming US IPOs To Watch Out In 2021

Sumamry The San Francisco based Nextdoor, a social media company that runs an eponymous social networking site, is expected to go public in 2021....

After SpaceX, Will Tesla (TSLA) Start Accepting Payment In Dogecoin?

Electric vehicle (EV) giant Tesla Inc (TSLA:US, NASDAQ:TSLA) may start accepting payments in Dogecoin, or so it seems from founder Elon Musk’s r...

NZD and AUD Hold On To Gains As Commodity Prices Move Up

Summary Commodity currencies gain against the US Dollar. The USD is volatile, waiting for announcements from the Fed. NZD and AUD likely to gain...

US gets first COVID-19 vaccine for adolescents as Pfizer-BioNTech’s...

Summary Pfizer - BioNTech’s COVID-19 vaccine has obtained the Emergency Use Authorization (EUA) in the US for adolescents. The two companies...

Are You Keeping Up with the Evolving Cryptocurrency Tax Requirements...

Summary The Australian Taxation Office (ATO) will be extra vigilant this year following a surge in the number of Australians purchasing cryptocurre...

New Zealand’s Retail Expenditure Zooms Up In April 2021

Summary April 2021 recorded a huge surge of NZ$6.1 billion in New Zealand’s retail card spending. The apparel and fuel segment noted the lar...

Nomura Teams Up With Auckland-based Jarden Group To Expand Its Globa...

On May 10, Nomura Holdings Inc. announced that it would partner with Jarden Group Ltd. in New Zealand and Australia. Jarden is an Auckland-based inve...

Is Psychedelic Treatment MDMA A Cure For PTSD?

Summary Phase 3 clinical trial on MDMA complete, results encouraging. Drug might be made legal in controlled amounts in the future. PTSD patients...

What Is Tax Freedom Day in New Zealand? What Is Its Significance?

Summary May 11 is the Tax Freedom Day for New Zealand. The date is calculated every year by a business accountancy firm. It is a day when taxpaye...

Technology Stocks Drag Down US Market

The NASDAQ Composite Index plunged on Tuesday while S&P 500 and Dow Jones Industrial Average declined to close lower from their records set on Fri...

Colonial Pipeline Service To Remain Suspended For The Week

The operations of the U.S.’s biggest refined products pipeline system Colonial Pipeline Company have been temporarily shut down since Friday fol...

Dogecoin Wasn’t the Only Crypto to Fall After Musk’s SNL Appearance

This year has seen a flock of cryptocurrencies across the board make significant gains. The most well known of these – Bitcoin (BTC)  &ndas...

Forget Bitcoin! This crypto delivered nearly 450% returns so far in...

Summary Ether has witnessed a strong rally this year, with its value jumping by 450% so far in 2021. The price of Ether crossed US$4,000-mark for...

New Zealand PM Ardern To Meet Unions To Discuss Public Sector Pay Fr...

Summary The New Zealand government has drawn enough criticism from several workers on extending the pay freeze to the public sector. The step has...

Housing Crisis Deepens in New Zealand

Summary Housing crisis in the country hits new lows. The average house price witnessed a sharp surge. According to predictions, things could get...

NZ Removes NSW Travel Ban; Vaccination Of Tokyo Olympic-Bound Austra...

Summary Travel between New Zealand and New South Wales resumed from early hours of Monday. Sydneysiders are urged to follow COVID-19 protocols. V...

Market Outlook: Four key things to watch out for this week

In contrast to the markets’ flat trend last week, it is going to be a high-octane week in terms of macro announcements. The packed week will see...