News

APAC markets mixed; ASX 200 rallies to record high

The equity markets across the Asia Pacific (APAC) region were a mixed bag on Tuesday, with Australian shares outperforming peers. The Australian benc...

Annual food prices in New Zealand rise 1.8% in May

Summary Increased vegetable prices were the biggest contributor to the rise in food prices in May. Tomato and capsicum prices increased while kiwi...

Which countries comprise G7? What is its significance?

The Group of Seven, popularly known as G7, is a group of seven countries – the US, the UK, Canada, France, Germany, Japan and Italy – the...

Will New Zealand’s Q1 GDP numbers have an impact on the monetary pol...

Summary March quarter GDP numbers to be revealed on 17 June. Whether GDP numbers will increase or dip, is the question? Most say, GDP will show a...

Is inflation here to stay? Read what Jamie Dimon of JP Morgan says

As nations continue to recover from the COVID-19-induced recession, the highest inflation levels seen across the economies in more than a decade are r...

US oil prices hit 2-year high as demand soars

Crude oil prices in the US hit US$71.48 a barrel on Monday, June 14, the highest in the last two-and-half-years.  Oil prices have doubled since...

Ransomware on the rise in NZ, Companies feel desperate and pay.

Summary Ransomware becoming a growing issue across the world. To pay or not to pay, that is the question! How can the number of attacks be brough...

US markets close flat as technology, real estate stocks advance

US stocks closed flat on Monday, June 14, ahead of a crucial meeting of the Federal Reserve in which senior officials are expected to take stock of th...

Can Volcanos Be Bitcoin’s Green Savior?

Power-hungry cryptocurrencies’ growing energy problem has led to many ardent proponents backing out. Investors who had warmed up to Bitcoin, one...

Deep dive into New Zealand Property Market

Given the country's tiny population and enormous geographic mass, real estate in New Zealand is relatively costly. This has been the case due to ...

Trans-Tasman neighbours witnesses The Travel boom

Summary The trans-Tasman cousins observe a rise in travellers; numbers reveal border crossings as high as 85,900 Travel between New Zealand and Co...

Are meme stocks talk of the town?

Meme stocks are equities that have recently experienced a boom in viral activity, which is typically fueled by online social media sites like Reddit a...

How does New Zealand Government Plan to Decrease emissions by 2050?

Summary New Zealand’s Climate Change Commission has suggested a roadmap to achieve its emissions target by 2050 It has recommended to lower...

Rocket Lab to return subsidy if audit finds eligibility inconsistenc...

Summary Rocket Lab states internal audit to determine subsidy discrepancy. States it shall return subsidy if eligibility glitch Pandemic related...

Why Inflation right now could add fuel to income inequality

As countries across the globe – from China to the US – have been reporting record inflation numbers, it could be having greater consequenc...

Another Milestone: Popular ‘Doge’ Meme NFT Sells For Record $4 Milli...

The 'Doge', one of the most renowned memes featuring an image of a Shiba Inu dog with a smirk, was sold as the most expensive non-fungible token (NFT)...

Do G7 nations favour investment in fossil fuels over green energy?

Summary The 47th G7 summit is scheduled for 11–13 June 2021 in the United Kingdom. Ahead of the anticipated event, Tearfund, the Internation...

Can cow manure fuel crypto mining?

Summary Many environmentalists and researchers have raised concerns over the environmental impact of cryptocurrency mining. Several businesses are...

Climate Investments Must Triple By 2030 To Save Nature: UN

Summary Currently, 86 percent of fund come from the governments, financial institutions, or climate protection groups, and the rest, 14 percent, ar...

Is cloud computing the future of all businesses?

Summary With the onset of an ongoing pandemic, every business is looking towards cloud technologies for survival and growth. Cloud service is gett...