News

A New Copyright Lawsuit May Unveil Bitcoin’s True Founder

Summary Australian Craig Wright is filing a copyright claim against the website Bitcoin.org, claiming he is the true founder of the cryptocurrency...

NZ PM Hints At Disagreements With China At The China Business Summit

Summary Jacinda Ardern at the China Business Summit highlighted the strong trading relationships of China with New Zealand despite disagreement on...

Do you know which premium pet NZ food company has KKR bought?

Summary Investment firm, KKR has bought a NZ-based pet food firm, Natural Pet Food Group, which will use funds for its growth in NZ and worldwide....

Renewable Energy: Which Source Can Be Harnessed the Most?

In the world renewable energy scenario, there are several countries pitching in to strike a balance. It was recently announced that Vietnam could be t...

Warren Buffett roots for retained earnings, rues Apple share sale

Ace investor and billionaire Warren Buffett has batted for the importance of retained earnings at a time when more and more investors are pitching for...

MYOB Business Monitor: NZ SMEs still wary about economic recovery in...

The annual MYOB small and medium enterprise survey shows that SME sector of New Zealand remains wary about the possibility of further economic recover...

Good News For Crypto Lovers: Coinbase Allows Crypto Purchase Via Pay...

Summary Coinbase allows its customers to buy cryptocurrencies using bank accounts linked to PayPal. Coinbase’s users can purchase up to US$2...

Crucial events that can sway global markets this week

The rally in the global equity markets has flattened in last few months. Mixed macro numbers numbers and India’s burgeoning COVID-19 numbers are...

Is China a major threat to US national security?

Summary China is seen as a strategic competitor by the US. US-China relations revolve around competition for global power and technology usage. S...

3 Key Things That Will Shape Markets in the Coming Week

US stocks dropped on Friday but reported gains for April after expectations of strong earnings report. The week of April 30 came to a close with figu...

Global COVID-19 cases cross 152 million, India amongst top contribut...

Since the COVID-19 virus wreaked havoc on people's lives all over the world, nations have been struggling to fight infections that keep resurfacing du...

Global dealmaking is booming; and Wall Street is cashing on it

The global banks are seeing a massive surge in the revenues generated from their investment banking division as the global dealmaking is booming. Eur...

Guess Why Tesla Stock (NASDAQ-TSLA) Is Trending Today?

While the reasons may vary, one close guess could be the news of its ‘super’ charging station near the Everest base camp. The EV maker has...

Wall Street Closes Lower As Energy, Technology Stocks Fall

Major U.S. stock market benchmark indexes closed lower on Friday, April 30, as shares in the energy and technology sectors were on downward trajectory...

Exxon Mobil, Chevron Shares Decline Despite Reporting Quarterly Prof...

Shares of oil and gas majors Exxon Mobil Corporation (NYSE: XOM) and Chevron Corporation (NYSE: CVX) fell on April 30 after both the companies reporte...

How Central Banks' domestic gold purchase plan can formalise artisan...

Summary Artisanal and small-scale mining has grown significantly since the start of this century. There are various drawbacks of artisanal gold mi...

Big Tech gets bigger in March quarter

In the week gone by, five biggest tech companies – Apple Inc (NASDAQ:AAPL), Microsoft Corporation (NASDAQ:MSFT), Alphabet Inc (NASDAQ:GOOG), Ama...

Didi, ByteDance among top Chinese firms set for US IPO in 2021

Summary As many as 60 Chinese companies are lined up to launch IPO in the US. China's biggest unicorns ByteDance and Didi Chuxing may hit the US c...

Can Ethereum Surpass Bitcoin In Terms Of Market Cap?

Ethereum made headlines this week in April as the European Investment Bank (EIB) launched its "digital bond" sale worth US$128 million using the block...

Ether Hits All-Time High Taking the Spotlight Away from Bitcoin

Summary Ether rose to AU$3,500 on Thursday, achieving an all-time high for the cryptocurrency. The crypto’s rise has weakened Bitcoin’...