News

APAC shares under pressure as COVID-19, US LTCG woes weigh heavy

The shares across the Asia-Pacific (APAC) region opened in red on Friday morning, as sentiments were subdued due to the multiple global concerns. Aus...

US Stocks Decline on Reports of Higher Tax Rate

The major U.S. stock market benchmark indexes - the S&P 500, Dow Jones Industrial Average and NASDAQ Composite – ended lower on Thursday, Ap...

How To Invest in Bitcoin & Ether Funds?

Crypto markets are volatile and keeping a watch on them round the clock is impossible. However, the Toronto Stock Exchange-listed crypto funds provide...

Bitcoin Rally May Be Over, Warns JPMorgan Chase

Summary Strategists at JPMorgan Chase have cautioned that if Bitcoin’s value does not breach the US$ 60,000-mark soon, it can lose its moment...

Crypto Safemoon Dives Leading to Scam Claims

Cryptocurrency Safemoon has plunged today, losing two-thirds of its value in just an hour. The crypto dove from AU$0.000015 to AU$0.000005 on Thursday...

Technical Alert: IBM Successfully Pierces Through its Price Resistan...

Summary International Business Machines Corp (NYSE: IBM) gained 3.90% percent in the last trading session. Post breaking out of a crucial resistan...

Are the Vaccines Working? When will Covid-19 end?

The deadly coronavirus pandemic was first reported from Wuhan, China in December 2019 and spread across the globe leaving economies of the biggest cou...

SOS calls giving way to obits as COVID-19 rips through India

Today morning, I woke up to the devastating news of three fellow journalists passing away – all of them young. The trio fought a long battle wit...

Apple launches new products, fails to impress investors

Summary Apple Inc launched a series of new products including iPad Pro and iMac loaded with upgraded and high-tech features. Preorders can be book...

Is Transport The Main Driver For NZ Inflation in Q1 2021?

Summary Increase in transport costs was the main reason for quarterly inflation. But there were other reasons too, like the housing prices. The i...

SPAC IPOs top US$100 billion in 2021

Summary The IPOs through the SPAC route have raised more than US$100 billion annually There has been a huge surge in volume as well However, the...

Will Opening of Trans-Tasman Bubble Serve Its Purpose?

Summary With the opening of Tasman borders, people across both sides of the counties are elated to meet their loved ones after more than a year. T...

UiPath Share Price Leaps 23% on NYSE Debut

Summary UiPath shares surged 23% on the New York Stock Exchange debut on Wednesday. The company and its shareholders raised US$1.3 billion in one...

ANZ slashes variable mortgage rates by up to 90bps

Australia And New Zealand Banking Group (NZX:ANZ, ASX:ANZ) is the first bank to slash variable mortgage interest rates in 2021. ANZ has cut off up to...

Tesla car crash sparks off a debate about self-driven car’s safety p...

Summary Elon Musk reacts to the Texas car crash in a tweet. Concerns about self-driven cars’ safety spark. One of the victims identified wa...

Safemoon hurtling to the moon; but is it really safe?

Summary Safemoon was launched three weeks ago and has grown by 2,900% since then. Safemoon is a decentralised finance token, which means that anyo...

What’s powering Dogecoin’s astronomical April rally?

Summary With Dogecoin price hitting an all-time high, fans celebrated 20 April as 'Doge Day'. The meme-based cryptocurrency recorded a new high of...

US Benchmark Indexes Bounce Back After Two Days Decline

The S&P 500, Dow Jones Industrial Average and NASDAQ Composite Index closed higher on Wednesday, April 21, after declining for two consecutive day...

NZ economy would stay buoyant to external headwinds: Moody's

New Zealand’s economy is one of the most well-placed economies in the world, partly owing the credit to its hard and early response to the COVID...

Volkswagen Enters EV Space, Set To Unveil ID.4 GTX Model

Summary Volkswagen will soon unveil one of its first performance electric vehicles, ‘4 GTX’. The new model will be sportier in appeara...