News

Clean Sweep for Biden anticipated, how is Wall Street placed?
October 07, 2020 12:10 AM AEDT| By Team Kalkine MediaA dismal blend of coronavirus worries, and presidential uncertainty has grappled Washington, leaving investors worried amid a volatile environment. Coronavirus has infected more than 7 million people in the US and resulted in more than 215,0.....

Is the Australia New Zealand travel bubble a viable solution?
October 06, 2020 08:10 PM AEDT| By Team Kalkine MediaAustralia is New Zealand's largest target market, and as per July 2020’s update, Australians contribute ~1.5 million tourists’ arrival, which is 40 per cent of New Zealand's total arrivals on yearly basis. Moreover, the Australians had .....

Share Buybacks and Dividends still under Fed leash: Extends Restrictions
October 06, 2020 05:06 PM AEDT| By Team Kalkine MediaDividend stocks have been one of the favourite picks for many investors across time. Companies formulate dividend pay-out policies to cater to the expected needs of investors post taking the capital allocation decision into consideration. There has.....

Where can you use bitcoin?
October 06, 2020 04:05 PM AEDT| By Edita IvancevicEver since cryptocurrencies are getting recognised by more and more people, the price of bitcoin has drastically gone up. The high price caused an even higher demand, which resulted in more stores and companies accepting bitcoin as a way of payment.....

3 start-ups that have passed the COVID-19 test unscathed
October 05, 2020 12:30 AM AEDT| By Team Kalkine MediaThere is no special report required to see the economic devastation knocking off many countries' economies down. Australia's small businesses are not immune to it either. Since March, most retail shops are closed, restaurants are closed, busy stree.....

Lens over New Zealand Government debt, what does it mean for the NZD?
October 05, 2020 12:00 AM AEDT| By Team Kalkine MediaNew Zealand is currently facing the worst recession, it has ever seen in the last few decades after the country imposed strict measures to control the spread of coronavirus. On 18 September, Stats NZ disclosed that NZ economy shrank by 12.2% in the.....

Elections around the corner - How is NZX entering October 2020? Few Sectors to look out for
October 03, 2020 02:34 PM AEST| By Team Kalkine MediaThe year 2020 till now has been under the grasp of the COVID-19 crisis. The coronavirus stricken world is looking for an effective treatment for the virus to restore both health and the economy. The virus, which originated at Wuhan city of China, i.....

Short on Foreign Workers, Farming Sector A New Ray Of Hope for People on JobSeeker
October 03, 2020 12:58 AM AEST| By Team Kalkine MediaThe pandemic has redefined all sectors; its effects have forced countries to focus on strengthening domestic primary industries than globalisation. When the COVID-19 crisis began in 2020, the world experienced an unprecedented situation that was f.....

JPMorgan pays $920 Million to settle the US Justice Department and CFTC Probe
October 02, 2020 10:00 AM AEST| By Team Kalkine MediaOne of the largest banks in the United States, JP Morgan Chase was found engaged in placing manipulative trades in the secondary market, which consists of futures tied to precious metals and Treasury bonds. JP Morgan has been asked to pay a fine of.....

Both Donald And Melania Trump Tested Positive For Coronavirus
October 02, 2020 05:20 AM AEST| By Team Kalkine MediaIn his most recent tweet, the US President Donald J. Trump announced that both him and his wife Melania Trump contracted COVID-19. After Mr Trump’s close adviser Hope Hicks revealed her positive coronavirus test, the President revealed that .....

Yield and Liquidity Farming - Tools to Generate Alpha in the Crypto Space
October 02, 2020 03:55 AM AEST| By Team Kalkine MediaDeFi or decentralised finance is the new talk of the town with the disruptive application of the blockchain technology keeping the cryptocurrency ablaze in the market. Blockchain technology is behind almost every DeFi application in the market place...

AstraZeneca Share Price Topples as FDA Widens its Inquiry on COVID-19 Vaccine
October 01, 2020 12:00 PM AEST| By Team Kalkine MediaShare price of British-Swedish multinational pharma and biotech company AstraZeneca Plc (LON:AZN) tumbled by 0.56% to close the market at US$54.80 on 30 September 2020. The U.S. Food and Drug Administration (FDA) is still to give approval to Astra.....

How are developing world economies preparing for COVID-19 vaccine deployment and testing?
September 30, 2020 07:07 PM AEST| By Team Kalkine MediaThe ongoing COVID-19 pandemic has affected nearly 33.25 million individuals, including ~1 million deaths, as reported to the WHO as of 5:08 PM CEST on 28 September 2020. Many healthcare companies are engaged in the development of vaccines, treatmen.....

Has lockdown been a turning point for the Retail Sector?
September 30, 2020 03:32 PM AEST| By Team Kalkine MediaIn the recent times, coronavirus has been the biggest challenge faced by businesses around the world, along with the retailers. Supermarket sales have been up (both in-stores and online) when the country was at Alert Level 4 as buyers stocked up on.....

‘SWOT Analysis’ of NZ Travel Industry Reeling from COVID-19 Crisis
September 30, 2020 02:50 PM AEST| By Team Kalkine MediaWhile Kiwi Land’s stringent lockdown restrictions enabled it to gain control over the COVID-19 spread, these curbs delivered a crushing blow to the flourishing travel sector. At the time when NZ is pulling out all the stops to reboot its mult.....

Mr Trump’s latest affair is not doing him any favours
September 29, 2020 08:53 PM AEST| By Edita IvancevicSince the last presidential election held in the US back in 2016, controversies from the current American President Donald Trump have not stopped flooding the news articles on every media outlet. Trump’s newest affair revealed by the globall.....

NZX bounces back after cyber-attacks, new website goes live
September 29, 2020 08:12 PM AEST| By Team Kalkine MediaCyber-attacks are increasingly becoming a norm on New Zealand stock exchange and has also been extended to websites, which involve banks as well as media firms. New Zealand stock exchange fell victim to a distributed denial of service (DDoS) cyber.....

Uber Remains Available in London, Licence Granted for 18 Months
September 29, 2020 08:11 PM AEST| By Edita IvancevicUber has secured a new licence to operate in London, after a court ruled in favour of the ride hailing service in an appeal against Transport for London (TfL). With a number of conditions, the licence has been granted for a period of 18 months. &nb.....

Global tech major Microsoft strengthens its ties with Telstra
September 28, 2020 10:26 PM AEST| By Team Kalkine MediaWorld's leading technology giant Microsoft Corporation (NASDAQ:MSFT), and Australia's leading telecommunications company Telstra Corporation Limited (ASX:TLS) are focusing on fast-tracking the development and unveiling of various cloud-based servic.....

Glance at US tech sector; FAANG stocks remain volatile
September 28, 2020 09:41 PM AEST| By Team Kalkine MediaThe FAANG stocks or the tech darlings in the US stock market are crucial for Wall Street trading as their performance influences the broader movement of the equity markets. The FAANG stocks include five prominent American technology .....