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World news
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.....
Why Do Markets Not React Much To GDP Data?
June 01, 2021 10:59 AM AEST| By Furquan MoharkanThe COVID-19 pandemic wreaked havoc last year, turning the world upside down. While the world economy was probably hammered with one of the worst recessions since 1930s, the stock markets were going gaga. Markets started to seem tone-deaf to the act...
Australia’s richest person for the 2nd year in a row: The story of Gina Rinehart
May 31, 2021 06:33 PM AEST| By Tripti JoshiSummary Gina Rinehart has topped the AFR Rich List for the second year in a row, aided by surging iron ore price. In the last two years, Mrs Rinehart has more than doubled her net worth, which currently stands at a whopping AU$31.06 The mining.....
RBNZ Publishes Results of Data Breach Review
May 31, 2021 05:23 PM AEST| By Neha SimpyRBNZ was the target of the cyberattack on the third-party file sharing application it had utilised for the purpose of keeping and sharing data during Christmas last year. KPMG was roped in to autonomously evaluate and finalise RBNZ’s .....
Mixed open for APAC markets; China’s PMI data out
May 31, 2021 02:17 PM AEST| By Furquan MoharkanThe equity markets across the Asia Pacific (APAC) region were a mixed bag on Monday, as China reported less-than-expected growth in its manufacturing activity. Mainland Chinese stocks were in the red, with the Shanghai Composite down by 20 basis p.....
COVID-19: The Latest World Wrap-Up
May 31, 2021 01:09 PM AEST| By RomaSummary Asian countries still deep under the COVID-19 fire. The US hits an all-time low COVID-19 infection rate. Efforts being made by governments to help travel recovery. With over a year of the world struggling with the coronavirus pand.....
Global Markets: Key events to watch out for this week
May 31, 2021 01:01 PM AEST| By Furquan MoharkanIt was a mixed bag for the global markets last week – with gains and corrections. However, with a barrage of macro numbers likely this week, markets would be reacting more frequently than ever. Here are four key events of the week: Australia...
Climate Change Commission delivers final report to New Zealand Government
May 31, 2021 12:27 PM AEST| By SonalSummary Climate Change Commission will give the final plan to cut carbon emissions to NZ government on Monday. Over 15k submissions have been made on the Commission’s draft advice given in January. Government would require adapting an el.....
Will China Take Centrestage in Talks Between Scott Morrison and Jacinda Ardern?
May 31, 2021 12:07 PM AEST| By ManikaAustralia's Prime Minister Scott Morrison is visiting New Zealand from Sunday for high-level talks with its neighbouring country after New Zealand signaled that it was backing Australia in its dispute with China on barley tariffs. &n.....
What has the COVID-19 pandemic taught us? A look at five key lessons
May 30, 2021 12:41 AM AEST| By Tripti JoshiSummary The ongoing global COVID-19 crisis has underlined the requirement of international collaboration to combat any global pandemic. Social distancing has become a buzzword worldwide, with the importance of practising hygiene highlighted mor.....
E-Mobility firm Tritium to list on Nasdaq: Here’s all you need to know
May 30, 2021 12:26 AM AEST| By Chitranjan KumarAustralian electric vehicle fast-charger Tritium has decided to go public in the United States through a special purpose acquisition company (SPAC) route, valuing the company at US$1.2 billion (AU$1.55 billion). .....
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