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World news
Toyota's next-gen Highlander all set to conquer Kiwi roads
June 04, 2021 06:00 AM AEST| By Jasmine AnandSummary The world is slowly transiting from toxic fuel-emitting vehicles to cleaner and greener vehicles. Hybrid cars, with their sustainability and fuel-saving capacity, are an answer to the future. Toyota Highlander 2021, the latest hybrid c.....
Cyber security fraud incidents in New Zealand rise sharply in Q1
June 03, 2021 05:00 PM AEST| By SonalSummary Cyber security incidents rose by 25% in Q1 since the same quarter in 2020, CERT NZ reported. Nearly 23% of the breaches resulted in direct financial losses. About 500 vulnerable Microsoft Exchange email servers were found in Q1. A.....
APAC markets trade in green; ASX200 jumps 0.71%
June 03, 2021 04:11 PM AEST| By Furquan MoharkanSummary Markets in green as investors react to data from Australia and China. South Korean markets are the outperformers. Thai and Hong Kong markets are in the red. The equity markets in Asia Pacific (APAC) region were mostly trading in t.....
New Zealand on guard, asks Melbourne arrivals to undergo COVID-19 testing
June 03, 2021 01:51 PM AEST| By Jasmine AnandSummary New Zealand asks for self-isolation and testing for all the travellers arriving from Melbourne between 20-25 May. Contact tracing team working out ways to figure out relevant flights in case of future occurrences. The NZ vaccination ro.....
Did Mudrick Capital rush into selling AMC shares?
June 03, 2021 01:03 PM AEST| By Furquan MoharkanSummary Meme stock, AMC Entertainment Holdings is once again in news as company raises US$230 million. Mudrick Capital Management, L.P. flips shares post the private placement. Is long-term investing a passe? On Tuesday, AMC Entertainment.....
The new economy: 6 ways how the coronavirus has changed the global economy
June 03, 2021 11:25 AM AEST| By Team Kalkine MediaSummary The lockdown period has brought about many necessary innovations and realizations pertaining to better and more efficient ways to conduct business. The COVID-19-led lockdowns have accelerated this trend as companies have been forced to .....
Why AMC shares doubled in one session
June 03, 2021 11:16 AM AEST| By Furquan MoharkanThe shares of American movie theatre chain AMC Entertainment Holdings Inc (NYSE:AMC) almost doubled in just one trading session as Reddit-driven frenzy continued to grip the retail investors. The shares of the company closed at US$62.55 each in Ne.....
Did Kiwi Cloud Storage Firm Fall Victim To Malware Attackers?
June 03, 2021 10:12 AM AEST| By Neha SimpyAuckland-domiciled cloud storage firm has been cautioned by the Federal Bureau of Investigation (FBI) of possibly being misused by cyberattackers. Source: Copyright © 2021 Kalkine Media What is the Cloud storage company’s take on th.....
How did US stocks perform on Wednesday?
June 03, 2021 08:13 AM AEST| By Team Kalkine MediaBenchmark US stock indices saw muted gains on Wednesday, although the segments broadly remained subdued as investors took cues from the recent spike in oil prices and inflation data. The S&P 500 was up 0.14% to 4,208.12. The Dow Jones rose 0.07%...
E-commerce giant Amazon supports the MORE Act to legalize cannabis in the US
June 02, 2021 05:22 PM AEST| By Tripti JoshiSummary Amazon disclosed that it would actively support the MORE Act for the federal legalization of marijuana in the US. The e-commerce behemoth has revealed that it will stop screening its job applicants for cannabis use. The Company will al.....
A Red-Letter Day: Zespri Delivers Record Results, Introduces Zespri Red
June 02, 2021 04:53 PM AEST| By Jasmine AnandBeing the largest marketer of kiwifruit across the globe, Zespri International Limited, which was founded in 1997, supplies high-quality Zespri Kiwifruit to retail and wholesale customers. Source: 18302049 © Gennaro86 | Megapixl.com Zespri.....
Opinion: India will take years to wipe off the bruise marks wreaked by COVID-19
June 02, 2021 04:50 PM AEST| By Furquan MoharkanAs the second wave of the COVID-19 pandemic seems to be finally receding in India, the trail of tragedies that it has left behind is beyond imagination. It will probably take years to come out of it. Officially, 335,114 Indians have lost their lives...
Cyber attacks on the rise in Australia as cyber criminals spare no sector
June 02, 2021 02:55 PM AEST| By Sonal SinhaA cyber attack is an intentional and malicious attempt by individuals or corporations to breach an individual’s or a corporation’s information system. In this process, the attacker tries to seek benefit from disturbing the network of th.....
Explained: The pros and cons of using social media in the healthcare space
June 02, 2021 11:46 AM AEST| By Tripti JoshiSummary Social media can be channelized in quite constructive ways to help the healthcare sector. Prudent use of social networking sites and platforms in the healthcare sector can help promote individual and public health. In times of crisis, .....
NZ Government Comes Up With Funds to Support Flood-Hit Canterbury Region
June 02, 2021 11:43 AM AEST| By Jasmine AnandKiwis residing in the Canterbury region of the South Island witnessed a complete inundation on Sunday when heavy downpours raised water levels and caused severe floods. Source: © Flynt | Megapixl.com Massive downpour hits Canterbury region.....
Zoom posts blockbuster earnings but cautious of slowdown
June 02, 2021 10:48 AM AEST| By Furquan MoharkanSummary Revenue almost triples; earnings up 9x The company expects slowdown going forth. Shares zoom in the aftermarket. The revenues of Zoom Video Communications, Inc. (NASDAQ:ZM) multiplied about three-times in the first quarter of curr.....
US Stocks Pull Back Amid Rising Oil Prices
June 02, 2021 08:04 AM AEST| By Sanjeeb BaruahUS stock markets closed flat on Tuesday following a lacklustre session as investors took cues from the rising international oil prices that can potentially aggravate the inflation rate. The S&P 500 was down 0.05% to 4,202.04. The Dow Jones rose...
APAC markets mixed; ASX200 drops 0.33% ahead of RBA decision
June 01, 2021 02:14 PM AEST| By Furquan MoharkanSummary The APAC markets are trading on a mixed note. Private survey shows Chinese factory activity expanding in May. Investors await interest rate decision by RBA. The equity markets in the Asia Pacific (APAC) region were mixed on Tuesda.....
What does the US budget mean for cryptocurrencies?
June 01, 2021 01:01 PM AEST| By Team Kalkine MediaSummary US President Joe Biden’s budget proposal, released on Friday, includes new reporting requirements for crypto investors, which means the US Treasury Department would require additional information surrounding cryptocurrency assets b.....
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Van Dairy sells 12 Farms to Australian Dairy Investment Manager
June 01, 2021 12:58 PM AEST| By RomaSummary 12 farms from Van Dairy sold to the Australian investment entity. The Company was previously facing environment-related issues. Tasmania appears to be the favoured region for dairy farming. In a recent announcement, it has been fo.....
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