News

What is BNPL and why is it important?

The buy now pay later (BNPL) is an age-old concept, revived in a trendy way by Fintech companies across the world. To put it simply, it means a custom...

UN urges countries to focus on quick COVID-19 vaccination

Summary The UN urges countries for the prioritisation of quick vaccine delivery. The UN says monetary gains should be left secondary. Why is ther...

New Zealand May 2021’s Card Spending witnesses a Surge

Summary New Zealand sees an increase in its retail card spending owing to the successful handling of the pandemic and opening of the trans-Tasman b...

Bitcoin bulls receive reality check at massive Miami Conference

The largest-ever Bitcoin conference was held in Miami over the weekend as thousands of crypto enthusiasts attended the Mana Wynwood Convention Center...

APAC markets in green; ASX200 up 0.44%

The equity markets in the Asia-Pacific (APAC) region were trading in the green, even as the Dow Jones Industrial Average continued its losses for the...

Bitcoin surges 16% as El Salvador makes crypto a legal tender

In a major boost for the cryptocurrency market, El Salvador has officially adopted Bitcoin as a legal tender after Congress gave its nod to President...

Which Are 10 Largest Stocks On Dow Jones Index?

The Dow Jones Industrial Average is a major stock market index in the U.S. It tracks 30 blue-chip stocks from the NYSE and NASDAQ. Here, we explore t...

2 Trending Stocks In Meme Stock Frenzy: Clean Energy, GEO Group

Summary Clean Energy stock ended Wednesday’s trading at US$13.02, up 31.52 percent. Geo Group stock rallied 38.36 percent at closed at US$8....

US Stocks Edge Lower As Financials, Industrials Slip

Benchmark US indices closed lower on Wednesday after financials, industrials, and consumer stocks led a broad retreat in the markets amid mixed global...

Why Was NYSE Created?

Summary NYSE was established on May 17, 1792. Transactions are done either electronically or through the brokers directly on the floor. Thus, it i...

What China’s record factory-gate prices mean for global economy

Summary China’s factory-gate prices hit a 12-year high in May on higher commodity prices. The producer price index (PPI) rose to 9% in May,...

Bitcoin Is Now A Legal Tender In El Salvador

In a bold move, President Nayib Bukele-led El Salvadoran passed the Bitcoin Law, allowing the use of the world’s largest cryptocurrency as a leg...

Climate Commission advises NZ Government on meeting low-emission goa...

Summary Climate commission advised the Government, outlining ways to achieve its climate related objectives. The New Zealand Government has time u...

COVID-19 vaccine booster shots: do we really need them?

Summary There’s been a lot of discussion around COVID-19 booster shots, considering the emergence of new variants in recent months. Experts...

New Zealand’s Auckland tops the chart of EIU’s Annual Global Liveabi...

Summary Auckland tops the rankings for the most liveable city globally, replacing Vienna, which had been holding the position since 2018. The Kiwi...

APAC markets mixed as China inflation soars to 12-year high

Summary APAC markets are mixed with the Japanese and South Korean markets trading in the red. China factory gate inflation surges to highest in 12...

March 2021 quarter sees a jump in electricity, wholesale sales in Ne...

The business financial data released today revealed actual sales values of 26 industries for the March 2021 quarter . The data comprises purchases, sa...

US revises travel ratings for 110 nations; eases restrictions

In a major sigh of relief for the sports lovers across the world, the US has eased travel restrictions on over 110 countries including Japan, just bef...

Bitcoin tumbles 8% after US nabs US$2.3M crypto ransom from Colonial...

In yet another cryptocurrency meltdown, Bitcoin prices tanked overnight once again, as officials in the US were able to recover most of the ransom pai...

Trending Stocks: Clover Health, Wendy’s, Lordstown Motors

Summary Clover Health and Wendy’s stocks rallied as much as 109 percent and 28 percent, respectively. Lordstown Motors shares are declining...