News

Democrats win Senate majority, woman shot dead during White House chaos
January 07, 2021 03:35 PM AEDT| By Edita Ivancevicockdown, as Trump supporters started protesting against the president-elect Biden. The state of Georgia concluded an ongoing political run-off between Democrats and Republicans after Democrat Jon Ossoff secured the party’s majority in the...

Searchspring Ropes in Former JCurve (ASX:JCS) CMO to Aid Regional Expansion
January 07, 2021 03:10 PM AEDT| By Team Kalkine MediaSearchspring, a US-based e-commerce site providing merchandising solutions, has reached another milestone as part of its regional expansion efforts. The American company has hired Kate Massey, the ex-Chief Marketing Officer of JCurve Solution.....

Pro-Trump Protesters Attack US Capitol Hill, One Dead
January 07, 2021 02:25 PM AEDT| By Team Kalkine MediaShocking after-effects of the US presidential election seem far from coming to an end. Amid the prolonged tense situation where the incumbent President Trump has been refusing to accept the election results, the course of events took an ugly turn o.....

Is China a factor for a steep rise in Dairy products’ prices in NZ?
January 07, 2021 02:18 PM AEDT| By Kunal SawhneyDairy products prices reached their highest in 12 months in the global auction held this week. This was the fourth consecutive rise in all dairy products, up by almost 3.9%, amounting to US$33306 per metric tonne (MT). This came as a pleasant surp.....

Hollywood Star Mark Wahlberg’s food chain Wahlburgers to enter the Kiwi Market
January 07, 2021 02:08 PM AEDT| By Team Kalkine MediaThe family burger chain owned by Hollywood superstar Mark Wahlberg, is all set to venture into the New Zealand Market. Working with United Cinemas, the food chain is planning individual restaurants as well as cinema outlets throughout the country. .....

NYSE now confirms delisting of three Chinese telcos
January 07, 2021 12:32 PM AEDT| By Kunal SawhneyFor the second time in less than a week, the New York Stock Exchange (NYSE) has said it would delist the NYSE-listed shares of three Chinese telecommunications companies. Source: Pixabay The exchange had reversed its original decision aft.....

China denies entry to the WHO team probing COVID-19 origin
January 06, 2021 08:51 PM AEDT| By Kunal SawhneyA team from the World Health Organization (WHO), scheduled to investigate the origins of COVID-19 in Wuhan, has been refused entry by China. Of the two associates of the investigation team who had already set out on their visit, one member has now .....

Evolve Education (NZX:EVO) showed evolution in learning during 2020; Stock up by ~5%
January 06, 2021 08:10 PM AEDT| By Team Kalkine MediaOn 6 January 2021, Evolve Education Group Limited (NZX:EVO) last traded 4.72% up at a price of NZ$1.33. Image source: Shutterstock The early childhood education provider based in New Zealand has over 110 centres in the nation and has seen chang.....
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Bitcoin Hits Another Milestone, Crosses US$35,000-Mark
January 06, 2021 07:06 PM AEDT| By Team Kalkine MediaBitcoin has yet again set a new price record, breaching the US$ 35,000-mark on January 6, 2021. After crossing US$ 34,000 on January 3, the crypto giant tumbled approximately 17 per cent on January 4, displaying volatility. It was highest single day...
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Kiwi air travellers would not require quarantine while travelling to few Australian cities
January 06, 2021 06:12 PM AEDT| By Team Kalkine MediaIt was reported on January 6, 2021, that the passengers travelling from Auckland to Brisbane will not have to undergo a quarantine period of 14 days on arrival. This comes after the analysis of the current COVID-19 situation in NZ, which is control.....

Jack Ma: The face of China?
January 06, 2021 04:12 PM AEDT| By Kunal SawhneyWith the recent news coming on Mr Jack Ma's disappearance, the entire world is glued to the internet to know the e-commerce billionaire's whereabouts. Before Jack Ma went out of the public eye, he took a few crucial steps, such as stepping back fro.....

NZ property market likely to stay on its wild trajectory in H1 2021
January 06, 2021 04:03 PM AEDT| By Kunal SawhneyNZ property market has been on a wild trajectory, witnessing persistent increase in the housing prices. Property market leader CoreLogic’s house price index (HPI) increased by 2.6% in December, up by 11.1% from a year earlier, taking the gro.....

NZ farmers make a splash despite COVID-19 pandemic, eye a blockbuster 2021
January 06, 2021 03:52 PM AEDT| By Team Kalkine MediaDespite initial predictions that global trade was heading for a slowdown, New Zealand farmers had a good year in 2020. For an exporting country like New Zealand, the factor that caused fears in the farmers was that the demand would slow down, and t.....

Asian stocks slip as political uncertainty grips markets
January 06, 2021 03:50 PM AEDT| By Team Kalkine MediaWith uncertainty looming large over the outcome of Georgia Senate runoff elections, Asian stocks were trading largely in red at the time of writing. The crucial runoffs which would determine the Senate’s future, are too close to call, as per.....

China goes dark thanks to Coal Shortage Unfolds
January 06, 2021 01:49 PM AEDT| By Kunal SawhneySeveral cities across China are facing power outages as authorities limit usage in the wake of coal shortage. Image Source: Shutterstock The trade dispute between China and Australia is now showing some consequences with coal prices shooting high...

Tesla short sellers faced hefty losses in 2020
January 06, 2021 01:43 PM AEDT| By Kunal SawhneyDespite Tesla, Inc (NASDAQ:TSLA) share prices going up year after year, short-sellers have been sticking to their point of view. Usually, when investors continuously lose money, they stop wasting their time and effort after a while. Regardless, Tes.....

Crude Oil Rallies to 10-Month High After Production Cut Decision
January 06, 2021 01:30 PM AEDT| By Hina ChowdharyThe oil producer group OPEC+ concluded a meeting over oil production levels in coming months on Tuesday, 5 January 2021. The resurgence of new strains of COVID-19 virus in different parts of the world is spooking oil producers. In a recent developm.....

JP Morgan bets on Bitcoin’s win over Gold, predicts $146,000 level for Bitcoin
January 06, 2021 12:49 PM AEDT| By Hina ChowdharyBitcoin’s Gigantic rally which picked up steam during the last quarter of 2020 and ultimately surpassed its historic $20,000 mark, is now catching Wall Street's attention. The investment banking giant, JP Morgan Chase & Co (NYSE: JPM) has.....

Medicinal cannabis industry in NZ is set to boom despite hurdles
January 06, 2021 12:37 PM AEDT| By Kunal SawhneyNew Zealand passed a law, making medical cannabis widely available to help treat patients for whom the drug was the sole option to provide relief in pain. The government eased prohibitions on the medication cannabidiol (CBD) in 2017, authorising g.....

Why Did UK PM Boris Johnson Cancel His Trip To India?
January 06, 2021 12:26 PM AEDT| By Team Kalkine MediaNew Year 2021 is full of hope with COVID-19 vaccine developments getting around, but it has not started on a good note, especially for the UK. In a televised address, UK Prime Minister Boris Johnson has instructed approximately 56 million people .....