News

New Zealand’s Waikato Milking Systems spreads its wings into China
January 26, 2021 01:53 PM AEDT| By Team Kalkine MediaYet another company from New Zealand has taken its business overseas to China. Waikato Milking systems is in the process of installing 80 bail Orbit rotary parlours that are made of concrete in New Hope Animal Husbandry located at Chengdu, China. .....

Bitcoin Takes a Breather After Worst Week Since March 2020, What’s Next?
January 26, 2021 02:24 AM AEDT| By Hina ChowdharyBitcoin prices are finally taking a breather after witnessing two consecutive worst weeks since its rally began in March 2020. Also Read: Ether At All-time High; Outperforming Bitcoin, Things You Should Know! Speculative Reasons Behind the Recent P...

Gung-ho about crypto? Here are 5 tips on how to trade Bitcoin
January 26, 2021 02:15 AM AEDT| By Kunal SawhneySince Bitcoin kicked off its rally from US$11,000 all the way to US$42000, it has been on the radar of many traders and investors. On top of that, seeing big funds and billionaire investors getting their hands on Bitcoin might give the retail trade.....

Graeme Hart made NZ$3.5 bn during pandemic, Oxfam study suggests wealth tax
January 25, 2021 07:00 PM AEDT| By Team Kalkine MediaThe fact that Graeme Hart, New Zealand’s richest man, made fortunes of NZ$ 3.5 billion during COVID-19 pandemic alone, the inequalities in the economic system were highlighted once again. This also brought forth the need for a wealth tax.&nbs.....

China dethrones US as the highest FDI recipient in 2020
January 25, 2021 06:28 PM AEDT| By Team Kalkine MediaAccording to an UNCTAD report released in January 2021, China was able to secure Foreign Direct Investment worth US$163 billion in the previous year, surpassing the FDI inflow received by the US worth US$134 billion. The UN published its Investment.....

How would Joe Biden becoming the U.S President prove beneficial for New Zealand?
January 25, 2021 06:14 PM AEDT| By Team Kalkine MediaWith Joe Biden swearing in as the new President of the Unites States of America on his inauguration day held in the capitol on January 20, 2021, the world seems to be looking towards the dawn of a new era. After a rather eventful 4-year term spent .....
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What is NZ COVID-19 vaccination schedule? Who will be given priority?
January 25, 2021 05:39 PM AEDT| By Team Kalkine MediaThe vaccination program of New Zealand is set to begin in 2021. In the programme, the priority will be given to border workers, frontline staff, and older adults. However, work is in progress for some communities that might be trickier to reach to....
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Sydney Airport Tightened Screening Process as New Case Found in NZ
January 25, 2021 04:54 PM AEDT| By Kunal SawhneySydney is again on the tight spot as the Sydney Airport has increased its passenger screening protocols. Recently the state of New South Wales celebrated its eight-day without acquiring any new COVID-19 case. However, the testing is conducted in lo.....
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Fire at serum institute, will this impact vaccine rollout?
January 25, 2021 02:18 PM AEDT| By Hina ChowdharyOn 21 January 2021, at least five construction workers lost their lives in a massive fire at the world's biggest vaccine manufacturer’s site in Western India. The Serum Institute of India's (SII) plant in Pune region caught fire. The S.....

What will be the impact of Brexit on NZ’s primary industry exporters?
January 24, 2021 06:27 PM AEDT| By Team Kalkine MediaThe United Kingdom (UK) broke off from the European Union completely on January 1, 2021. In the transition period between declaring breakaway from Brexit and actually exiting, there were months of arduous negotiations and certain conclusions were r.....

Covid may prove a boon for US tech companies
January 24, 2021 06:56 AM AEDT| By Team Kalkine MediaSource:fizkes, Shutterstock The pandemic has elevated the need for contactless technologies for human interaction as the risk of contracting the disease increased. Although that may have become a reality eventually, the massive crisis has forced go...

Iconic Talk Show Host Larry King Dies At 87
January 24, 2021 02:28 AM AEDT| By Team Kalkine MediaLarry King, the iconic American talk show host and journalist, who charmed millions with his TV and radio programs, breathed his last on January 23, 2021. He was 87. Mr King passed away at Cedar-Sinai Medical Center in Los Angeles, US, said a statem...

How has COVID-19 impacted unemployment levels in New Zealand?
January 24, 2021 12:57 AM AEDT| By Kunal SawhneyWith the unfurling of the pandemic, the entire world witnessed ups and downs never seen before. Right from being cooped up at homes due to the fear of infection, to the novel routines of social distancing and wearing masks, the disease brought with.....

Ether At All-time High; Outperforming Bitcoin, Things You Should Know!
January 24, 2021 12:24 AM AEDT| By Kunal SawhneyEthereum or Ether, the world’s second largest cryptocurrency has climbed an all-time high of USD 1,429.00. The cryptocurrency is a major token that empowers the ethereum blockchain network, on which a majority of DeFi-based applications are bei...

Investors Gung-Ho on Electric Vehicle Start-up Rivian
January 24, 2021 12:22 AM AEDT| By Hina ChowdharyThe electric vehicle space has been revving up lately, on account of growing support from consumer, industry, and government for the transition to clean fuel vehicles. With technological advancements and rollout of new models, the future looks brig.....

Prisa (BME: PRS) shares skyrocket 21% as Vivendi (EPA: VIV) agrees to acquire 7.6% stake
January 23, 2021 02:42 AM AEDT| By Hina ChowdharyShares of Madrid-headquartered media conglomerate Prisa, Promotora de Informaciones, SA, (BME: PRS), skyrocketed more than 21 per cent, on Friday, after the Paris-based media giant Vivendi (EPA: VIV) agreed to acquire 7.6 per...

Is it time for Australian traditional financial institutions to embrace cryptocurrencies?
January 23, 2021 02:05 AM AEDT| By Team Kalkine MediaIn Australia, cryptocurrency adoption is rising as more and more people are getting aware of the trending virtual currency. According to a recent survey carried by Independent Reserve, and the Australian crypto exchange, 18.4 per cent of Australian.....

EU car sales report worst-ever decline 2020, thanks to the COVID-19 Pandemic
January 23, 2021 01:57 AM AEDT| By Hina ChowdharyDespite moving into the new year, the pandemic-related challenges continue to affect the world economy with no quick-fix in sight at the moment. 2020 was a defining year in many ways due to the significant challenges faced by societies and busines.....

How will Biden's Presidency impact the US energy industry?
January 23, 2021 01:54 AM AEDT| By Kunal SawhneyShutterstock Image Joe Biden sworn in as the 46th U.S. president on Wednesday evening, just seven days after Donald Trump's allies declined to acknowledge the then incumbent President's defeat. On the very first day after taking the charge,.....

Volatile Bitcoin Plunges 11%, Ethereum Reclaims US$-1200 Mark
January 23, 2021 01:51 AM AEDT| By Hina ChowdharyBitcoin continued displaying volatility, dipping by 10.8 per cent on Friday morning. The virtual token plunged to US$ 28,845.31, after opening at US$ 32340.44*. The fall came over increased regulation concerns on cryptocurrencies. This also reflec.....