News
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Are Investors Exiting Tech Stocks For Other Growth Sectors?
February 24, 2021 10:46 AM AEDT| By Team Kalkine Medias. NASDAQ is down around 6% from its peak on February 12. Blue-chip tech stocks have seen a sixth-straight decline in recent days, but could this be a temporary market deviation or a deliberate shift of investors to other high-growth sectors?...

US Markets End Flat Despite Fed’s Supportive Rate Pledge
February 24, 2021 08:41 AM AEDT| By Team Kalkine Mediaarkets to maintain low rates, rules out inflation pressure for now. US stock markets ended flat for a second consecutive day on Tuesday despite the Federal Reserve’s reassertion to keep the interest rates unchanged and positive retail earn...

Facebook ‘re-friends’ Australia, set to lift news ban
February 23, 2021 08:32 PM AEDT| By Team Kalkine MediaSource: Shutterstock In a major triumph for Australia, US tech giant Facebook has finally struck a reconciliatory note with the country’s Federal Government. Australian Treasurer Josh Frydenberg informed that Facebook boss Mark Zuckerber...
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Bitcoin rally hits a roadblock; price falls after Musk's tweet
February 23, 2021 06:36 PM AEDT| By Team Kalkine Mediacoin is an unpredictable asset, fearing investors might take a hit. The most popular cryptocurrency in the world, bitcoin, sank nearly 10% on Monday, dipping below the 50K-mark at one point and traded at USD 48,383.0. Bitcoin trading is hi...

Bill Gates' game plan on how to avert a climate disaster
February 23, 2021 03:22 PM AEDT| By Team Kalkine MediaSource: Shutterstock “How to Avoid a Climate Disaster”, the latest book by tech philanthropist Bill Gates is the talk of the town. From environmentalists to governments, all want to dig into the thoughts of the Microsoft legend about the...
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Is Australia also staring at a housing crisis, will RBA impose lending restrictions like NZ?
February 23, 2021 12:49 PM AEDT| By Manikaedia.com/storage/uploads/original/1614045223_60346027d5526_mceclip0.png" /> After the Reserve Bank of New Zealand (RBNZ) took steps to cool off the property market and reinstate lending restrictions for property investors, Australia is also closel...

US Markets End Lower, Weighted Down By Tech Stocks, Consumer Cyclicals
February 23, 2021 08:37 AM AEDT| By Team Kalkine Mediaignal higher optimism in the markets of a faster economic recovery. US stock markets ended lower on Monday, weighted down by traditional blue-chip stocks which appeared less attractive as more options open-up for investors amid improvement in th...

‘Dojo 4 Doge’: Elon Musk’s Dogecoin Tweeting Spree Continues
February 23, 2021 02:34 AM AEDT| By AnujSource: Shutterstock Tesla owner has once again tweeted on his favorite meme-based cryptocurrency, Dogecoin. This time, just three words: “Dojo 4 Doge.” Elon Musk’s followers and the Reddit legion have started speculating on this...

Bitcoin Joins the Trillion Dollar Club, Surpasses Facebook’s Market Cap
February 23, 2021 01:49 AM AEDT| By Team Kalkine MediaThe digital currency Bitcoin is once again storming the headlines with its market capitalisation surpassing USD 1 trillion mark on 19 February 2021 as its price crosses USD 55,000. Copyright © Kalkine Media Pty Ltd Bitcoin Surpasse.....

Is NZ Tourism living up to its campaign ‘100% Pure New Zealand’?
February 22, 2021 04:37 PM AEDT| By Kunal Sawhneyterrains, and interests, which separates it from rest of the world. NZ’s Parliamentary Commissioner for the Environment, Simon Upton, on 18 February 2021, voiced his opinion in his 2nd report of Tourism’s Environmental Effects, and c...
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Canada-based Geothermal Start-up Bags USD 40 Million from Oil Giants Chevron & BP
February 22, 2021 01:35 PM AEDT| By Team Kalkine MediaSource: Sutterstock Eavor Technologies – a Canada-based geothermal energy start-up has received backing from global oil giants Chevron and BP for its geothermal technology. Eavor has secured USD 40 million in the funding round along with few...
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Crude Oil at One Year High; Stocks Under Radar - BP Spon & Exxon Mobil Corp.
February 22, 2021 11:59 AM AEDT| By Team Kalkine MediaIn the last couple of weeks WTI crude oil prices have surged on account of a production cut that was announced by the OPEC+ members coupled with a deep halt in the U.S. South that shut wells and oil refineries in Texas. World crude oil .....

Facebook is back with negotiations after blocking AU news pages
February 21, 2021 07:02 PM AEDT| By Hina ChowdharyAustralian PM Scott Morrison said Facebook Inc (NYSE:FB) has come up with some negotiating discussions after rising tensions regarding the disabling of many pages in the country, including some health and emergency pages. On 18 February 2021, Face.....

Looking for cryptocurrencies in 2021, here are top 10 other than Bitcoin
February 21, 2021 07:00 PM AEDT| By Kunal SawhneyWorld’s largest and most admired, Bitcoin, continues to take the lead in the cryptocurrency market. On 19 February 2021, Bitcoin saw yet another record high increase in its market capitalisation to US$1 trillion. Over the past 12 mon.....

COVID-19 vaccine updates from Nook and Corner
February 21, 2021 05:19 PM AEDT| By Team Kalkine MediaThe pressure is on for nations to vaccinate people against COVID-19, especially when the new strain is also picking the pace. As per media reports, close to 200 million people have been vaccinated, covering more than 85 countries. With the launch o.....

Excitement In Air As Nasa’s Perseverance Rover Lands On Mars
February 21, 2021 12:58 PM AEDT| By Ipsita SarkarScientists at the National Aeronautics and Space Administration (NASA) were in an ecstasy of joy after the Perseverance Rover made a historic landing on Mars Thursday. NASA is expected to release some of the rare photos of the landing and nearby ar.....

Fishing in troubled waters: Illegal fishing in NZ thrives amid pandemic
February 21, 2021 12:49 AM AEDT| By ManikaFishing is an important primary industry and is an important source of food for most Kiwis. In fact, for the early settlers, it was the main source of food. New Zealand is also blessed with the largest area and seabed in the world and it’s better...

What’s all the buzz about Cryptocurrency? Is it boosting economy?
February 21, 2021 12:32 AM AEDT| By Kunal SawhneyThe journey of cryptocurrencies has progressed from being an obscure trend to becoming an extraordinary means of investment. The initial doubts surrounding cryptocurrencies have long been snuffed out with the arrival of new entrants like Litecoin, .....

Bitcoin Hits $1 Trillion Market Value As Crypto Rally Continues
February 20, 2021 01:05 PM AEDT| By Ipsita SarkarWorld’s largest and most popular cryptocurrency, Bitcoin, saw yet another record high on Friday, raising its market cap to $1 trillion, even as the crypto rally continues. Bitcoin’s spectacular rise, gaining some 350 per cent over the .....

US Stock Indexes End Week On Positive Note; Energy, Real Estate Gain
February 20, 2021 12:55 PM AEDT| By Team Kalkine MediaUS stock markets ended Friday’s session on a positive note, buoyed by encouraging manufacturing data and brightening prospects of economic recovery as investors bet big on energy, and real estate. The S&P 500 shed 0.19% to 3906.71. The D.....