News

COVID-19: Auckland Slips Back Under Lockdown 3
February 27, 2021 10:29 PM PST | By Manikatrong> Rest of New Zealand is under under lockdown 2 New Zealand’s biggest city Auckland is under a lockdown level-3 for seven days...

Easy-To-Use J&J COVID-19 Vaccine: How Effective Is It?
February 27, 2021 10:24 PM PST | By Manikai> It’s efficacy in preventing severity is 82% The big question about Covid-19 today is: Will the new variants outpace the vaccines? W...

America’s $1.9 trillion COVID-19 Relief Package Passed in the House,...
February 27, 2021 10:15 PM PST | By Manikang the Bill passed as the previous employment aid programe expires America’s major rescue plan of $1.9 trillion for coronavirus pandemic...

Airbnb Raises Recovery Optimism Despite Weak Results
February 27, 2021 06:09 PM PST | By Suhita Poddarhe whole of 2020. However, the company has fared better than its rival companies. The coronavirus pandemic continues to weigh on the travel indu...

Two COVID-19 vaccines that are helping the world get over the pandem...
February 27, 2021 05:20 AM PST | By Team Kalkine MediaSource: siam.pukkato, Shutterstock Summary Pfizer-BioNTech and Oxford-AstraZeneca’s respective COVID-19 vaccines were found to have reduce...

Cryptocurrency Boom: Blockchain Stocks to Look for In 2021
February 26, 2021 10:37 PM PST | By AbhijeetSource: pedrosala, Shutterstock Summary Investors might consider taking indirect exposure in digital currencies by investing in London listed bl...

US Stocks End Week Mixed on Rate Fears, Bond Yield Rise
February 26, 2021 01:32 PM PST | By Team Kalkine MediaSource: Cezary Piwowarski ,Shutterstock Summary S&P 500 shed 0.48%, Dow Jones plunged 1.50%, and NASDAQ was up 0.56%. Real estate, fin...

Bitcoin: A New Asset Class Or Greatest Bubble Of All Time?
February 26, 2021 01:01 PM PST | By Team Kalkine MediaSource: 3Dsculptor , Shutterstock Summary Bitcoin as a cryptocurrency does not completely fulfills the mandatory qualities of an asset clas...

How Are NZ Businesses Progressing on Climate Change and Sustainabili...
February 26, 2021 10:18 AM PST | By RomaSource: cornfield, Shutterstock Summary The Paris Agreement gives sustainability goals to countries. Several organisations from the world over...

Blue Origin, Virgin Galactic delay trip to space
February 26, 2021 04:01 AM PST | By Team Kalkine Mediaits spaceflight test from February 2021 to May 2021 due to corrective work going on. As per the reports, two major space ventures have postponed...

US Tech Stocks Down Due To Attractive Bond Yields
February 25, 2021 08:57 PM PST | By Mark O'Donnellopments. Stocks are down globally, including the ones listed with the NZX and ASX. The US stocks experienced large sell-offs during the trading s...

Tesla (NASDAQ:TSLA) Competing With Fast-Growing China Based EVs
February 25, 2021 07:14 PM PST | By Mark O'DonnellSource: Ascannio ,Shutterstock Summary Investors in China based EV manufacturers hope the companies would build upon their success in China...

MicroStrategy spends US$1 billion to buy more Bitcoins
February 25, 2021 02:28 PM PST | By AayushSource:Yourg ,Shutterstock Summary MicroStrategy has bought 19,452 more Bitcoins for an average price of US$52,765 per Bitcoin, totalling to a w...

Bitcoin Mania- Bubble or Boom?
February 25, 2021 02:11 PM PST | By AayushSource: Phongphan,Shutterstock Every asset’s price that moves quite rapidly in a very short span of time often gets dragged into the debate of...

Wall Street Ends Lower; What Weighed On Stocks
February 25, 2021 01:58 PM PST | By Team Kalkine MediaSource: G-Stock Studio, Shutterstock Summary S&P 500 fell 2.45%, NASDAQ dropped 3.52%, and Dow Jones shed 1.75%. Industrials, technolo...

Square (NYSE:SQ) Bitcoin Stake Reaches US$220 Million
February 24, 2021 08:49 PM PST | By Mark O'DonnellroStrategy’s CEO believes Bitcoin could be worth US$100 trillion one day. Square Inc (NYSE:SQ) has recently reported the purchase of US$170...
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Is GameStop (NYSE:GME) Rallying Again?
February 24, 2021 05:39 PM PST | By Mark O'Donnelltop after testifying before the House Financial Services Committee. The share price of the gaming retailer GameStop Corp (NYSE:GME) was halted at...
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US Stocks Roar Back on Fed Reassurance, Recovery Hopes
February 24, 2021 01:39 PM PST | By Team Kalkine MediaBrands, and others to present earnings reports after markets close. After a brief lull, US stock markets came back strongly to end the session hi...

Federal Reserve says US unemployment scenario far worse than seen
February 24, 2021 04:56 AM PST | By Team Kalkine MediaSource: Shutterstock Summary Federal Reserve chair Jerome H. Powell said that the US economic revival is incomplete and uneven...

How is the Needle Moving on Greenback Amid Powell’s Latest Comments
February 24, 2021 02:12 AM PST | By Team Kalkine MediaAfter a tumultuous start to 2021, the US Dollar continues to remain volatile with bleak expectations of recovery for the remaining year. Bank experts...