News

Victoria Declares Week-Long Lockdown, Kiwi Travellers Concerned

Summary Week’s Lockdown declared in Victoria. Kiwis urged to stay put and follow guidelines. Travellers from Melbourne asked to isolate in...

Africa’s predicament: WHO says the continent needs 20mn vaccine jabs...

COVID-19 vaccination campaigns across Africa are facing significant delays because of Oxford-AstraZeneca’s COVID-19 vaccine export ban imposed b...

New Zealand’s Filled Job Numbers Hit a New High in April 2021

Summary Stats NZ revealed that filled jobs rose and hit a new high in April 2021. Construction, healthcare and construction were amongst the bigge...

NZ raise Concerns over growing Dependence on the Chinese market

The Jacinda Ardern-led government does not want to take the nation to a trade conflict with China; the same that one can witness between its neighbour...

New ‘meme stock’? AMC Entertainment’s shares surge

The shares of American movie theater chain, AMC Entertainment Holdings Inc (NYSE:AMC), surged 47% on Thursday, as speculative trading by Reddit-obsess...

US Markets Gain As Industrial, Financial Stocks Advance

US stock markets saw significant gains on Thursday, May 27, after new economic data lifted investors’ spirits, with the S&P 500 gaining back...

Bitcoin 'Time to Buy' Ad Banned by the UK Watchdog for Being Mislead...

The UK's Advertising Standards Authority (ASA) has banned Bitcoin buying ad by Luno, terming it as misleading and irresponsible. The UK watchdog state...

RBNZ Governor Says Housing Inflation is Temporary

Summary Housing prices in New Zealand could cool down soon. Reserve Bank Governor analyses the current scenario. Government efforts to control ho...

Why are the oil prices volatile in May?

Crude oil is one of the highly traded commodities, globally. Its prices are extremely sensitive to factors such as supply-and-demand balance, weather,...

APAC markets mostly open in red; ASX200 flat

Summary Most APAC markets have opened in the red. ASX200 opens flat in green. China macros disappoint. Most of the equity markets across the...

Pepin Island’s Ownership Comes Back to a New Zealander

Summary Pepin Island has been sold to a NZ buyer, details, and sale price of which are confidential. Previous owners did a lot of work for preserv...

China’s Inner Mongolia doubles down on Bitcoin ban, outlines punishm...

Chinese autonomous region of Inner Mongolia region is planning to further crack down on cryptocurrencies by proposing punishments for companies and in...

Move over Bezos & Musk, the world has a new richest man - Bernard Ar...

Stirred up by the pandemic, the word volatility has been trending across all areas of life and business. The Forbes’ Real Time Billionaires rank...

New Zealand replaces Provincial Growth Fund with a Smaller Fund

Summary The New Zealand government replaced Provincial Growth Fund with a smaller fund. The fund will provide seed funding for regional projects....

Was COVID-19 virus leaked from Wuhan lab? Biden seeks detailed repor...

US President Joe Biden has upped the ante on investigation into the origins of the COVID-19 pandemic, ordering the US intelligence officials to conduc...

Why Fubo TV, Li Auto Stocks Popped Wednesday?

Summary Fubo TV and Li Auto stocks rallied up to 17 percent. FuboTV will produce original programming for the upcoming Qatar World Cup. Beijing-b...

Australian EV charger developer Tritium to make debut on NASDAQ via...

Brisbane-based Tritium, a developer and manufacturer of direct current fast chargers for electric vehicles (EVs), has entered into a definitive agreem...

US Markets Close Higher As Energy, Consumer Stocks Lead Broad Rally

All benchmark US indices closed higher on Wednesday, May 26, as investors resumed their bets on economy-linked stocks after inflation worries began to...

COVID-19 Vaccine Development: A Glance at the Latest Updates around...

With several global pharmaceutical companies launching their respective vaccines for the adult population, they are now evaluating them in adolescents...

Will EV Market Help New Zealand Reach Zero Carbon Level?

Summary Clean Car Standard Scheme keeps a tab on the supply of automobiles reaching the NZ region. Budget 2021 has made a substantial allocation t...