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Stephen Hickson

Stephen Hickson

Economics Lecturer and Director Business Taught Masters Programme, University of Canterbury
I am a Senior Teaching Fellow in the Department of Economics and Finance at the University of Canterbury. I am currently the Director of the Business Taught Masters Programmes.

Negative equity is looming for some home owners – but you only need to worry if you need to sell

Nov 09, 2022 03:41 am UTC| Economy Real Estate

It feels like a perfect storm is building. The rising cost of living and higher interest rates are putting household budgets under stress, and falling house prices could push some home owners into negative equity. On...

Inflation is 2022’s boogeyman

Jul 19, 2022 15:00 pm UTC| Economy

An entire generation has never experienced life with high inflation. But that is set to change. Countries like Australia, Canada, the United Kingdom and others are reporting rising inflation. In New Zealand, inflation has...

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Economy

Louis Vuitton picks Shanghai as site for first furniture and homewares store

Louis Vuitton will open a dedicated furniture and homewares store in Shanghai as it aims to expand further into lifestyle offerings to affluent Chinese clients. The store is a world first for the French luxury brand....

Lionel Messi is first global ambassador of named as Indonesia's J&T Express

Soccer icon Lionel Messi will launch a series of social media and marketing campaigns with JT Express to become the Indonesia-based logistics service providers first-ever global brand ambassador. The campaigns will...

Japanese value retailer Daiso to increase US stores 10-fold

Value retailer Daiso Industries Co aims to increase the number of its stores in the US more than 10-fold to 1,000, as more American consumers to look for high-quality products on a budget. The Japanese 100-yen shop...

Fried chicken stores enjoy spike in sales on day of S. Korea’s first Wprld Cup match

Sales by fried chicken franchises increased by as much as 200 percent on the day of South Koreas first football match at the 2022 Qatar World Cup. The BHC Group reported a 200-percent sales jump from the previous month,...

Sandbox Network announces restructuring plans to recover losses and grow the company

Sandbox Network, the South Korea-based digital entertainment company that provides multi-channel network services for digital content, announced its corporate restructuring plans for the company to survive. Sandbox...

Politics

Russia-Ukraine war: US considers sending 100-mile strike weapons to Ukraine

The US Pentagon is considering a proposal by defense manufacturer Boeing to send strike weapons that could reach behind Russian lines to Ukraine. The proposal comes amidst the increasing need for more sophisticated weapons...

US Supreme Court to hear 2016 New York corruption cases

The United States Supreme Court is set to hear two cases dating back to 2016 that could make it difficult to pursue public corruption prosecutions. The eventual rulings would affect the three people charged in corruption...

US talks with Russia on Griner, Whelan release ongoing, says diplomat

The talks between Washington and Moscow over securing the release of detained American nationals Brittney Griner and Paul Whelan are still ongoing, according to a diplomat. Despite ongoing negotiations, the US says Russia...

Iran rejects UN probe into protests

Iran rejected the United Nations investigation into the ongoing protests taking place across the country. Officials said Tehran does not intend to cooperate with the UNs fact-finding probe citing the political nature of...

Science

S. Korean scientists detect antibiotic material in spider venom using AI

South Korean scientists have developed an artificial intelligence (AI)-based peptide detection model that can predict the antibiotic functionality of peptides antibiotic for hay bacillus, colon bacillus, staphylococcus...

Scientists test mRNA technology for universal flu vaccine

An experimental vaccine was found to potentially open a pathway to a universal flu shot that might help prevent future pandemics, according to a US study. In initial tests in mice and ferrets, the two-dos vaccine...

Unilever explores the use of “cow-free” ingredients for ice creams

Unilever has begun looking at utilizing precision fermentation technology to create cow-free dairy products or use them within its ice cream portfolio A spokesperson for Unilever said that the companys RD team is in...

S. Korean researchers develop wearable OLED that can cure jaundice in infants

Researchers from the Korea Advanced Institute of Science and Technology (KAIST) have developed a wearable green organic light-emitting diode (OLED) with a 470-nanometer (nm) wavelength that can cure jaundice in...

It was the first time scientists confirmed that nitrous oxide increases if nitrogenous fertilizers are used excessively for rice farming.

The excessive use of nitrogenous fertilizers for rice farming results in a sharp increase in the emission of nitrous oxide, the major greenhouse gas contributor, according to study by the Gyeonggi-do Agricultural Research ...

Technology

Twitter is rolling out Blue, Gold, and Grey verification plans after suspending Twitter Blue

Twitter announced it may debut its new verification plans soon. Based on the account type, Elon Musk said they would roll out the blue, gold, and gray badges for platform users. The Twitter chief executive officer said...

CD Projekt considers more TV series adaptations following ‘Cyberpunk: Edgerunners’ success

Many video game fans might agree that Cyberpunk 2077 has already had its redemption, especially after its latest major update that coincided with the release of the Netflix anime adaptation Cyberpunk: Edgerunners. Now,...

Xiaomi 13 release date: Company confirms launch event this week for the flagship series and MIUI 14

Smartphone makers are in a race to unveil new flagship devices powered by a next-generation chip from Qualcomm. And Xiaomi confirmed that its Xiaomi 13 lineup, likely to include Snapdragon 8 Gen 2, will be launched this...

‘Gran Turismo’ PC port is possible but not without some compromises, series creator confirms

Sony has made it clear that more of its first-party games for PlayStation will be released to PC, and that could include Gran Turismo. Kazunori Yamauchi, the creator of the racing sim series, confirmed the possibility of...

‘Call of Duty: Modern Warfare II’ is getting a spin-off campaign about Ghost, leaker claims

Infinity Ward is reportedly developing a Call of Duty: Modern Warfare II spin-off campaign focused on the fan-favorite character Simon Ghost Riley. But it might not be an entirely standalone premium game. Leaker...
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