News

Do you know how long it takes to mine one Bitcoin?

Summary Bitcoin, a decentralised digital currency, hit its all-time high of US$64,899 in April this year. In the past one year, Bitcoin has delive...

Confluent (CFLT) IPO: Stock jumps 25% on market debut

Summary Confluent stock rose 25 percent on its first day trading in NASDAQ to close at US$45.02. The California-based data cloud company raised ap...

Asia’s richest man moves to internationalise his company

Asia’s richest man – billionaire Mukesh Ambani – has announced the appointment of Yasir Al-Rumayyan, Chairman of Saudi Aramco and Go...

APAC markets, except NZ, bask in a sea of green on US cues

All the equity markets in the Asia Pacific (APAC) region, save New Zealand, were trading in green on Friday, following in the footsteps of its peers i...

Why are policymakers averse to cryptocurrency?

Rarely do we find a situation when policymakers are averse to allow any new asset class in their domain. Policymakers usually treat an asset class as...

How does one buy cryptocurrency in New Zealand? Is investing in cryp...

Summary Cryptocurrency is a digital currency, which allows to send and receive payments to anyone and does not rely on any central authority to ver...

Huge import increases in May give hope to ideal NZ trade recovery

Summary Things looking up for the NZ trade, imports witness an encouraging rise. May 2021 has been the most productive year for car imports. Dair...

COVID-19: What is Delta plus? Is it more dangerous than other strain...

The Delta plus variant of COVID-19 has been fast spreading across the globe. This has raised alarm bells among the policy makers – with some of...

Eight IPOs to watch out next week

The US IPO market braces for an exciting and busy last week of June, with eight initial public offerings, while seven of them are scheduled on the las...

Why did NZ cease its travel bubble with NSW?

Summary New Zealand has recently opened its borders for the two-way quarantine free travel between Australia and Cook Islands However, the trans-T...

Are NZ companies thinking of investing in solar energy?

Summary Solar energy is being looked at as a fulltime energy supplier. Increasing prices cause companies to look for alternatives. The reliabilit...

Why Rite Aid (RAD), Carnival (CCL) stocks dropped Thursday?

Summary Rite Aid and Carnival stock declined as much as 15 percent and 2.5 percent, respectively. Rite Aid issued an outlook for fiscal 2022 after...

NASDAQ, S&P 500 hit all-time highs after infra deal, labor recovery

Blue-chip S&P 500 and NASDAQ Composite closed at all-time highs on Thursday, June 24, after markets responded positively to the news of President...

i3 Energy Plc, a powerhouse for multiple opportunities

Summary i3 Energy Plc, a promising energy company that has established itself as a strong player in the Western Canadian Sedimentary Basin in Alber...

APAC markets end flat on mixed sentiments

The equity markets in the Asia Pacific (APAC) region closed mostly flat on a day when the sentiments across the geography seemed mixed. In Mainland C...

Is it wise to buy Bitcoin?

Summary A big part of Bitcoin’s post-May decline has been majorly influenced by China’s crackdown on bitcoin trading and mining. A dec...

Is Grayscale Bitcoin trust an ETF?

The world’s largest cryptocurrency, Bitcoin, has been one of the world’s most talked-about assets in 2021. Bitcoin prices, displaying a vo...

Is blockchain only for cryptocurrencies? What are the risks of block...

Summary Cryptocurrency Bitcoin was the first to utilise blockchain technology in 2008 when its anonymous creator, Satoshi Nakamoto, decided he want...

Does investment maestro Warren Buffet trade in penny stocks?

Warren Buffett, undoubtedly, has been the world’s most successful serial investor. With a net worth of over US$100 billion, Mr Buffett at one po...

NZ Super Fund recovers remarkably from the lows of pandemic

On 23 June, the NZ Super Fund declared that it had made a remarkable comeback after being hit hard by the COVID-19 crisis in 2020. The Fund witnessed...