News

Can The New Government Grant Solve New Zealand’s Housing Crisis?

Summary New grant announced by the NZ government to tackle housing woes. First-time homeowners reluctant to invest. Action required to help rehab...

NZ-WA flights put on hold after COVID-19 outbreak in Perth

Source: Copyright © 2021 Kalkine Media Pty Ltd The opening of the trans-Tasman travel bubble since 19 April saw a surge among the travellers to...

APAC markets open flat; Bank of Japan, COVID-19 crisis in focus

The shares in Asia Pacific (APAC) countries opened marginally lower on Tuesday morning as investors kept a close watch on Bank Of Japan’s (BoJ)...

Cryptocurrency Surge Gives Way to an Increase in Number of Scams

Summary ASIC has recorded a recent rise in crypto-related scams. Banks are not legally obligated to return customer’s money lost to crypto s...

Tesla Shares Drop Despite Record Earnings For Q1’21

Shares of Tesla Inc. (NASDAQ: TSLA) fell up to 3 percent in the after-market trading on Monday despite the company posting record earnings for the fir...

S&P 500, NASDAQ Close at New Records Ahead Of Major Tech Earnings

The U.S. stock market benchmark indexes S&P 500 and NASDAQ Composite Index ended higher on Monday, April 26, marking new closing records ahead of...

Are you being conned? Here's how to identify cryptocurrency scams

Summary Despite a host of new cryptocurrencies to add to the 4000+ that are currently out there, investors should be wary of which companies are le...

NFT Art Finance: A New Crypto In Focus

Developers of the Non-Fungible Token (NFT) Art Finance project are focused on creating a list of digital fine artworks, music and testimonial of owner...

Elongate: How Elon Musk's ‘Joke’ Became A Cryptocurrency

In March, Tesla owner Elon Musk jokingly requested in a tweet that if there ever is a scandal about him, it should be named ‘Elongate’. He...

Where The Future Lies For NZ House Prices

Summary House prices in NZ have soared 24% in March 2021. RBNZ expect property prices to slow down after housing initiatives taken by the governme...

AUD & NZ Kiwi Weak On Biden’s Plan To Tax The Weathiest

Summary Australian and New Zealand dollars weaken after Joe Biden’s tax news. Investors started moving to safter assets like the US dollars...

Bitcoin reclaims US$50,000-mark after plunging to lowest in two mont...

Bitcoin, the world’s largest cryptocurrency, plunged to a two-month low on Monday, before rallying to reclaim the psychological mark of US$50,00...

Musk's SpaceX Seeks FCC Nod For Additional Starlink Satellites

Summary SpaceX’s Starlink has sought approval from FCC to launch another 2,824 satellites at 550km altitude.  Other near-space broadban...

Muted opening for APAC markets amid mixed global cues

The equity markets in the Asia Pacific (APAC) region witnessed a muted opening for the week on Monday morning, due to mixed global cues. Most of the...

COVID-19: World comes to rescue as oxygen shortage chokes India

As the world is witnessing a raging second wave of COVID-19 pandemic, for India – the world’s second most populous country – the mon...

Wall Street guarded ahead of action-packed week

The futures of various US indices were trading marginally in red as investors braced for one of the busiest weeks of the earnings season. The futures...

Capital markets will be key going forth

The estimates of economic recovery may be sent for a toss, if COVID-19 pandemic does not relent anytime soon. While Europe is also witnessing rise in...

Markets next week: Key things to watch out for

The global equity markets were flat last week – primarily on back of mixed global cues. While COVID-19 took the sheen away from the markets, yet...

World sees 5.7 million cases in a week as COVID-19 wreaks mayhem

Summary World clocked 5.71 million new cases last week and 88,738 deaths India reports 2.17 million cases in a week and 15,142 deaths These are t...

A Revolution in The Making: How EVs Are Stealing Oil Vehicles’ Thund...

Summary Governments are encouraging the adoption of electric vehicles to address climate change issues. Many automakers are transitioning to the E...