Opinion

Of cryptocurrencies, tulips, Elon Musk and Janet Yellen

Jenny Ruth
Sun, 28 Feb 2021

Former Federal Reserve chair and US Treasury Secretary Janet Yellen.

Jenny Ruth
Sun, 28 Feb 2021

Fund managers are calling it a new asset class while buses in Sydney are carrying ads exhorting people to buy it, as are celebrities from Tesla's Elon Musk to rock star Gene Simmons from the band, Kiss.Cryptocurrencies have been making headlines because their prices have been hitting dizzying highs and sickening lows.A cryptocurrency trading platform, Coinbase, filed to go public on the Nasdaq exchange last week and was valued at US$100 billion ahead of listing.It reported earnings of US$322 million on revenues of US$1.14b for 2020, much of...

Try free for 10 days

Trustworthy, balanced journalism every day from our growing team of New Zealand business reporters and commentators, plus more in our weekend magazine section, The Life.

Instant News Alerts based on keywords you choose or journalists you follow
Our Daily Digest of all stories at 6am, midday or 6pm
A custom library of your saved stories
An industry-leading search engine
Try for 10 days without paying and if you’re not convinced cancel with just two clicks.

Support quality New Zealand journalism by subscribing today.

Find out more

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Opinion

How can we encourage property investors to pivot into tech?

Peter Griffin | Thu, 15 Apr 2021

Existing property investors may look to put an increasing portion of their wealth into other asset classes and that’s an opportunity for cash-hungry tech companies and the venture funds that can invest in tech on their behalf.

Opinion FREE

Failure to enforce face masks a ticking time bomb

Jacques Steenkamp | Thu, 15 Apr 2021

While the risk of another lockdown is growing, dozens of people are continuing to ignore the mandatory requirement to wear face masks on public transport.

Coronavirus

Govt flying blind on unknown number of MIQ workers

Pattrick Smellie | Wed, 14 Apr 2021

More than a year on from border closures, there is still no single source of truth about border and MIQ worker covid testing, or the total numbers of workers involved.

Partner Content

Highlights from the New Zealand company earnings season

The February earnings season has provided a snapshot of the impact covid-19 has had on different sectors over the last six months and expectations for the year ahead.

Of cryptocurrencies, tulips, Elon Musk and Janet Yellen

Not convinced yet?

Your company has a subscription

Team