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Economy
Global Snapshot: COVID-19 Numbers and Jobless Claims
May 01, 2020 09:16 PM AEST| By Team Kalkine MediaThe COVID-19 outrage hit the economy hard amid an already challenging social, as well as security condition. The outlook of economy has worsened considerably, and the development and growth are projected to decelerate to below 1%, amid already r...
Restart in China Construction Blossoms Economic Prospects
April 30, 2020 03:48 AM AEST| By Team Kalkine MediaA new paradigm of evolution is forged in the crucible of uncertainty as the world slowly starts to acknowledge the light at the end of the tunnel. After a long fight with the pandemic, the world has gradually started registering a decline in the infe...
Are US Stocks Rebounding At The Back Of Government Stimulus?
April 27, 2020 04:59 PM AEST| By Team Kalkine MediaThe novel coronavirus is spewing surprises everyday at global stock exchanges. Are the hefty government stimulus packages enough to build investor sentiment? A straightforward answer to the above much-discussed topic is- no one knows, yet. With no f...
J.P. Morgan Global Composite Output Index Reaches 133-Month Low: Things to Know
April 27, 2020 02:15 PM AEST| By Team Kalkine MediaThe Global Composite PMI data has confirmed the shocking economic impacts that COVID-19 measures are having on economies around the globe. As reported on 3 April 2020, the J.P. Morgan Global Composite Output Index, which is produced by J.P. Morgan an...
Could major tax reforms be the solution to help the economy? RBA thinks so!
April 25, 2020 03:15 PM AEST| By Team Kalkine MediaThe markets that were once soaring high with unrestricted growth now stand uncertain regarding the scenario over the next few months. Covid-19 driven health and financial turmoil has exposed the glitches of the existing economic paradigm. The...
COVID 19 Relief Fund Update- USA Launches New Stimulus Package Worth USD 484 Billion
April 25, 2020 01:01 PM AEST| By Team Kalkine MediaUp until a few weeks back, we discussed the United States of America as the efficient world leader and the globe’s top economy. In this article, we discuss the country as the most- victimised region of a pandemic. With its epicenter in Wuhan C...
COVID-19 or No COVID-19: Billionaires Getting Richer While Pledging Support to Most Impacted
April 24, 2020 08:32 PM AEST| By Team Kalkine MediaAs many of the companies and business leaders are suffering due to one of the toughest phases amidst the COVID-19 crisis, American billionaires including Jeff Bezos, Elon Musk and others are actually getting richer. Billionaires Adding More Billions...
A Deep Contraction OR Recession - RBA's take on Australian Economy
April 23, 2020 01:07 PM AEST| By Team Kalkine MediaWhile the novel 2019 Coronavirus pandemic may be a public health issue, it has posed a major impact on the economies and the financial systems with restricted movement of people, halted business operations and stringent social distancing measures in...
Economies On COVID-19 Fight, Will Their Measures Suffice?
April 22, 2020 01:46 PM AEST| By Team Kalkine MediaWhen was the last time you woke up to a motivational good morning greeting from your folks, a steaming cup of coffee while scrolling Instagram just to see where your friends went hiking? We reckon it has been weeks! With the pandemic engulfing us al...
Sectors to benefit from the shrinking Chinese economy
April 22, 2020 01:07 AM AEST| By Team Kalkine MediaThe Chinese economy has suffered its first decline in over 40 years in the first quarter of the year 2020 as a result of the halt in the production, as well as spending due to Covid-19 outbreak in the country. China’s Wuhan has been the epicent...
Time to look at stocks with EV exposure – Tesla and others
April 21, 2020 02:48 AM AEST| By Team Kalkine MediaThere has been a market buzz surrounding the Electric Vehicles (EV) for some time now. The EV revolution, which started in 2010, is all set to accelerate in 2020. The stock values of companies dealing in electric vehicles have gone up recently, and t...
Europe May Need A Second Phase of Funding of About €500 Billion
April 20, 2020 10:04 PM AEST| By Team Kalkine MediaEuropean Union’s tryst in the fight against the coronavirus pandemic continues to become bigger and broader by every passing day. During the weekend, the managing director of European Stability Mechanism, Klaus Regling, while speaking on the is...
US Retail Space Under Scanner, March Sales Witness 8.7% Record Decline
April 20, 2020 01:53 PM AEST| By Team Kalkine MediaWith the skyrocketing figures of COVID-19 cases around the globe, the US seems to be the worst hit with ~0.7 million confirmed cases and more than 30K deaths. Coronavirus pandemic has affected 54 countries and territories in the US, as directed by P...
Markets positive on US but in fear amid an oil supply glut
April 20, 2020 12:41 AM AEST| By Team Kalkine MediaCoronavirus cases worldwide have had topped 2 million with more than 1,50,000 fatalities and still rising, at the time of writing. The global economy, gripped with lockdowns, is experiencing the worst economic fallouts it has not seen in decades. Ca...
Learn the art of investing during a bear market - Warren Buffet’s style
April 19, 2020 02:29 AM AEST| By Hina ChowdharyThe investors seem to struggling and looking for safer and attractive bets to smoothly glide through the vexing roller coaster ride of the stock market volatility. The businesses are bedevilled by the marring impact of the coronavirus that has shoved...
Pour Yourself a Cup of Coffee and Catch Sight of Global Unemployment Scenario
April 17, 2020 09:33 PM AEST| By Team Kalkine MediaCoronavirus pandemic has put the world in a tailspin, with workers bearing the maximum brunt of the disease, particularly due to lockdown. Surging welfare claims, increasing job losses and freezing economic activities are exhibiting a gloomy portrait...
Where is the economy heading to- RBA’s Eye
April 08, 2020 09:05 PM AEST| By Team Kalkine MediaWith supply and trade disruptions, schools and businesses closed, people working remotely, and events being cancelled, the coronavirus outbreak is dragging down economies around the world. The virus has bumped markets, businesses, financial institut...
COVID 19 Stimulus Packages & Donations- When Pandemic Strikes, Government & Philanthropists Unite!
April 08, 2020 12:00 AM AEST| By Team Kalkine MediaThey say that charity starts at home and we agree. But, should it end there? At least currently, we beg to differ! We hope that you are safe, practicing self-isolation and praying that the world is soon our recovered home. The novel coronavi...
Saudi-Russia Oil Price Deal Delayed; Oil Prices Fall After Last Week’s Recovery
April 07, 2020 03:02 AM AEST| By Team Kalkine MediaFollowing a significant recovery in the Oil prices last week on the back of the Saudi Arabia-Russia talks amid the US intervention, the oil prices fell almost 4%. The Russia-Saudi Arabia negotiations have been postponed for now. The negotiation betwe...
US entering ‘deepest recession’ ever with record claims filed for jobless benefits
April 04, 2020 03:13 PM AEDT| By Team Kalkine MediaThe coronavirus pandemic shock has ended the longest-ever expansion cycle of the US economy with unanimity on the economy falling into recession. Now, increasing restrictions by the government on public gatherings and business to stop the virus sprea...
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