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News
What has COVID-19 taught us about insurance?
June 30, 2021 02:33 PM AEST| By Furquan MoharkanPandemics, in general, come with many lessons. They bring to table new ways of leading life, stimulate scientific explorations into uncharted territories and end up shaking the existing world order. COVID-19 is no different. It has stoked a range of...
How is crude oil extracted?
June 30, 2021 12:13 PM AEST| By Nitish KumarSummary The earliest known oil wells were drilled in ancient China around 200-300 A.D. John D. Rockefeller, the first billionaire of the modern world, earned his fortune through the oil business. Oil and gas exploration uses modern and state-o.....
Crypto picks up speed: Formula 1 signs a US$100M deal with crypto.com
June 30, 2021 11:13 AM AEST| By Furquan MoharkanThe Formula 1 fans should brace themselves to find a new name on the tracks – and the one that coincides with disruption and changing times. And no, it not Mick Schumacher – the son of celebrated legend Michael Schumacher – or any...
What is crypto fear and greed index?
June 30, 2021 10:55 AM AEST| By AayushSummary A crypto fear and greed index is essentially an oscillator, which quantitively depicts the sentiments of crypto investors/speculators. Generally, it ranges in value from 0 to 100, with 0 depicting extreme fear and 100 being extreme gree.....
The power of Facebook to help counter climate change
June 30, 2021 09:22 AM AEST| By RomaSummary Facebook joins the climate change wagon pledges to promote change As part of the EU commission the aim is to educate and inform Wide reach and impact of social media could be of crucial in the matter In a recent development, Faceb.....
Top five travel stocks for long-term investors
June 30, 2021 09:09 AM AEST| By Team Kalkine MediaSummary United Airlines Holdings (NASDAQ: UAL) plans to introduce over 500 aircraft by 2024. Its stock rose 49% in the past year. Booking Holdings Inc.’s (NASDAQ-GS: BKNG) P/E ratio is 127.93. Its share price rose 38.5% in the past 12 mon.....
Learning app Duolingo (DUOL) IPO: Things to know
June 30, 2021 08:18 AM AEST| By Kiran MuraliEducation platform Duolingo Inc. has filed for an initial public offering. The company is planning to trade its shares on NASDAQ under the ticker “DUOL,” according to the IPO prospectus. Duolingo is yet to disclose the pricing and timi.....
Formula One, Crypto.com strike sponsor deal: Here’s what we know so far
June 30, 2021 08:03 AM AEST| By Team Kalkine MediaSummary Crypto.com will present its brand at Formula 1 races and events and will also get promotional time slots along the tracks during races. The deal is worth US$100 million for five years. com also had signed a contract with the National H.....
US stocks end flat on positive economic outlook
June 30, 2021 07:36 AM AEST| By Sanjeeb BaruahBenchmark US indices closed flat on Tuesday, June 29, after technology and economy-linked stocks logged modest gains in intraday trading marked by high enthusiasm following consecutive record closings of the S&P 500 and NASDAQ Composite in the pr...
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Deep Instinct IPO: Is the cybersecurity firm heading for public debut?
June 30, 2021 12:44 AM AEST| By Kiran MuraliSummary Deep Instinct’s cybersecurity platform provides a platform that offers predictive threat prevention. The cybersecurity startup received a total investment of US$200 million to date. Deep Instinct CEO reportedly said it would two .....
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What is Nansen Crypto?
June 29, 2021 08:08 PM AEST| By Suhita PoddarNansen Crypto can be defined as an analytics platform for Ethereum, which combines data on chain with an ever-growing database that has millions of wallet addresses. It was established in April 2020 as a subscription-based product, which was .....
RBNZ’s Statement of Intent says vulnerabilities remain despite recovery
June 29, 2021 06:46 PM AEST| By SonalSummary RBNZ provided Statement of Intent 2021-2024 on June 29. Economic activity in NZ returned to pre-COVID-19 levels. However, there are still vulnerabilities with more monetary and fiscal support needed for the recovery process. RBNZ .....
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What is coking coal, and where is it used?
June 29, 2021 06:01 PM AEST| By Team Kalkine MediaCoking coal, generally known as metallurgical coal, is a naturally occurring sedimentary rock. When heated, coking coal creates coke, which is a key material for the production of ste.....
Major APAC markets tread in the red zone
June 29, 2021 04:40 PM AEST| By Furquan MoharkanMost of the equity markets in the Asia Pacific (APAC) region were in the red on Tuesday, despite Wall Street indices clocking a record high overnight. In Mainland China, stocks were down by the afternoon: the Shanghai Composite Index was trading 95...
Wall Street banks are hosting a dividend party. Here’s why
June 29, 2021 03:33 PM AEST| By Furquan MoharkanEvery year, investors eagerly wait for capital allocation from the companies they hold positions in. Capital allocation can happen through dividend payouts, buybacks, and issue of bonus shares, among others. Among these, dividend is one of the most...
Klay, Binance and the ban: All this happened within a week
June 29, 2021 02:46 PM AEST| By Furquan MoharkanKlaytn, the public blockchain project of the South Korean Internet giant Kakao, on June 24, announced the official listing of its KLAY token on Binance -- world's largest crypto exchange by volume. On that day, the cryptocurrency seemed to have reve...
What is Floki coin, and why is it trending?
June 29, 2021 02:40 PM AEST| By Daniel Paul JohnsSummary Floki is a relatively unknown coin with an unknown market cap and a current price of US$0.00000155. The fact that Floki is a fringe cryptocurrency with only a small number of holders is what makes it so volatile and subject to significa.....
What is a net zero economy? Is it possible?
June 29, 2021 01:03 PM AEST| By Team Kalkine MediaSummary Net zero refers to removing carbon emissions from the atmosphere by shifting to renewable energy and compensating for the existing levels of the gas. Net zero emissions is different from gross zero emissions as the latter projects an un.....
Why are crude oil prices on fire in 2021?
June 29, 2021 01:00 PM AEST| By Team Kalkine MediaSummary Crude oil prices have surged more than 84% in the past one year (as of 28 June 2021), on the back of robust economic recovery and accelerated COVID-19 vaccination. As demand comes roaring back, oil prices are expected to touch new highs.....
Facebook joins the trillion-dollar club for the first time
June 29, 2021 11:33 AM AEST| By Furquan MoharkanAmerican tech multinational giant Facebook Inc (NASDAQ:FB) became the latest company to cross US$1 trillion valuation mark, joining the elite club of tech only companies. The shares of the company that operates some of the largest social media platf...
