News

Banks raise an alarm as RBNZ Governor prepares for Negative Interest Rate
September 14, 2020 05:47 PM AEST| By Team Kalkine MediaThe ongoing COVID-19 pandemic has hit businesses, disrupted supply chains, and threw the economies into a recession across the globe. Central banks of some of the leading countries are taking into consideration negative interest rates to combat the.....

China’s Exports Show Striking Growth Momentum While Imports Topple Amid Escalated Tensions
September 14, 2020 02:34 PM AEST| By Team Kalkine MediaChina’s hegemonic appetite serving as a major factor seems to have exacerbated the bitterness of its relationship with several nations. Despite its growing tensions with several economies, China’s trade scenario seems to ride out the st.....

Wall Street Blue-Chip Citigroup Appoints New CEO Jane Fraser; A Water Break Moment for Women Leadership?
September 13, 2020 12:15 AM AEST| By Team Kalkine MediaIn its 2030 sustainable development plan, the United Nations has outlined 17 Sustainable Development Goals (SDG) that need urgent action by all for peace and prosperity for people and the planet. One of its goals is gender equality. It means that t.....

Uber luxurious Edgewater trophy home grabbed for $95 million
September 13, 2020 12:10 AM AEST| By Team Kalkine MediaOne of the most expensive residential properties known as Edgewater is believed to be bought by the gold mining businessman "John" Changjin Li. The new buyer is believed to have purchased the waterfront trophy property for about $95 million.....

Are “Work From Home” policies biased towards parents?
September 13, 2020 12:00 AM AEST| By Team Kalkine MediaThe COVID-19 pandemic has redefined the workspace with their humble abode becoming the work zone for the majority of people, post COVID-19 infection infiltrated the society. The concept of “Work from Home” (WFH), which was limited to t.....

Are There Any Green Shoots Sprouting in the NZ Economy?
September 12, 2020 12:35 PM AEST| By Team Kalkine MediaWhile the Kiwi Land is battling with the second wave of COVID-19 infections and resultant lockdown restrictions, stronger than anticipated performance of the NZ economy has taken the world by surprise. Moreover, some optimistic signs of recovery ar.....

What is NEO?
September 12, 2020 01:29 AM AEST| By Edita IvancevicNEO is a China-based network and cryptocurrency that is based on a blockchain technology. Da Hongfei and Erik Zhan launched AntShares in 2014, which was later renamed to NEO in 2017. DO READ: What is a cryptocurrency and how to use it? The idea b.....

US elections become a target for hackers
September 11, 2020 06:36 PM AEST| By Edita IvancevicHacker activity connected to Russia, China and Iran was exposed yesterday by Microsoft, stating that they detected cybercrimes targeting upcoming US presidential elections. People and organizations that were a part of both Trump and Biden presiden.....

New Zealand’s 2-year bond yield enters negative territory for the first time: Impact on the larger economy
September 11, 2020 05:36 PM AEST| By Team Kalkine MediaNew Zealand has been leading the world in battling coronavirus. The country has been applauded globally for its effective control on coronavirus by imposing strict and early 7-week lockdown in April and May. However, the country witnessed a second .....

Before COVID Rattled Stock Markets, There Was 9/11
September 11, 2020 02:53 PM AEST| By Team Kalkine Mediafinancial resilience, while markets in European countries took longer to bounce back. Apart from the staggering levels of loss of lives and infrastructure, the 11 September 2001 terror attacks had a huge impac....
.jpg)
Water Bottle Maker, Zhong Shanshan Is The New Chinese Billionaire
September 11, 2020 02:09 PM AEST| By Team Kalkine MediaTechnology is an ever-evolving space. With improving and ever-changing features, every time something or other new thing keeps coming. Consequently, we have multiple stories of founders creating fortunes through such businesses. For instance, Zoom.....
Europe Faces the Threat of The Second Wave
September 11, 2020 01:00 PM AEST| By Team Kalkine MediaSome European countries are observing a resurgence in COVID-19 cases after successfully lowering incidences early in the year. Southern-eastern European nations, including North Macedonia, Bulgaria, Albania, Romania, and Montenegro witnessed a hig...

Election 2020: Labour to bring a 39% tax rate for top income earners
September 11, 2020 04:37 AM AEST| By Team Kalkine MediaJacinda Ardern’s ruling labour party has proposed a new higher tax rate of 39% on income earned over $180,000 implying that only 2% of the taxpayers would in reality pay it, while others would keep paying taxes at the same rate as before. Th.....

What is Stellar?
September 11, 2020 04:31 AM AEST| By Edita IvancevicLaunched in 2015 by Ripple’s co-founder Jed McCaleb, Stellar is a decentralized network that offers sending, receiving, and trading money in any form of fiat or cryptocurrencies. DO READ: The Advent of Cryptocurrencies- Popular Cryptos in Fo.....

LVMH’s Acquisition of Tiffany Gets French Government’s Veto
September 10, 2020 11:22 PM AEST| By Team Kalkine MediaThe luxury jewellery and speciality retailer from the United States (US), Tiffany & Co. got a rude shock and took legal actions against LVMH, a French multinational company that specialises in luxury goods. The lawsuit followed the crucial deve.....

What is Ripple?
September 10, 2020 12:00 AM AEST| By Edita IvancevicCryptocurrency markets are getting more recognition and investments daily. Anonymity, privacy, easy accessibility and blockchain technology are only a few advantages that attract people into buying cryptocurrencies. ALSO READ: What is a cryptocurr.....

Why has AstraZeneca paused its Phase III COVID-19 vaccine study?
September 09, 2020 07:23 PM AEST| By Edita IvancevicWhat was believed to be the most-promising coronavirus vaccine study from AstraZeneca and the University of Oxford has been paused indefinitely, due to the alleged unexplained illness that one of the participants had developed. Phase III vaccine t.....
.jpg)
What is Ethereum?
September 08, 2020 08:43 PM AEST| By Edita IvancevicTo comprehend what Ethereum really is, it is essential to comprehend Internet first. Internet history, passwords, bank details and our personal information are stored online, available for anyone who is good enough at hacking into personal compute.....
.jpg)
Can Bitcoin be converted to real currency?
September 07, 2020 08:14 PM AEST| By Edita IvancevicSummary As monetary policies keep progressing, currency in Bitcoin seems to have a bright future. With many efficient advantages, it is no wonder why investors find Bitcoin investment-worthy, mostly because all transactions can be made anywhere.....
.jpg)
What is a cryptocurrency and how to use it?
September 07, 2020 05:18 PM AEST| By Edita IvancevicCryptocurrency, also known as a digital currency, is a virtual money exchange made and managed by private consumers and organisations. Most cryptocurrencies are not legally controlled. Hence, cryptocurrency is, in theory, invulnerable to any sorts .....