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News
How has Bitcoin fared in 2021?
July 09, 2021 05:44 PM AEST| By Daniel Paul JohnsSummary Bitcoin is currently valued at US$32,859.70. If one were to only look at its price at the beginning of January and saw it was valued at US$29,111.52, one might assume the price had been gradually rising over the past six months. In Febr.....
Why APAC indices are in choppy waters today
July 09, 2021 03:50 PM AEST| By Furquan MoharkanThe benchmark indices of equities across the Asia Pacific (APAC) region slumped on Friday following an overnight sell-off on Wall Street. But in the APAC region, COVID-19 seems to be resurfacing, leading to a panic sell-off across the region. Morgan...
Know the 10 biggest retail companies around the world in 2021
July 09, 2021 03:41 PM AEST| By ManikaThe year 2020 was the best and the worst year for the retail sector. It was the best year as shoppers who were working from home had a new set of needs, especially the need for online shopping. Retailers had to reinvent themselves to develop online.....
No spectators at Tokyo Olympics as COVID-19 is rearing its ugly head again
July 09, 2021 02:42 PM AEST| By Furquan MoharkanLast year, when the Tokyo Organising Committee (TOCOG) and the International Olympic Committee (IOC), despite their initial resentment, postponed the Tokyo Summer Olympics 2020 to a rescheduled date “beyond 2020 but not later than summer 2021&r...
Where do major auto companies get their lithium from?
July 09, 2021 02:39 PM AEST| By Team Kalkine MediaThe demand for lithium is heating up, sparking concerns about tight supplies of the metal. Lithium is the main component of chargeable batteries, which are crucial for the electric vehicle (EV) revolution. The prices of lithium carbonate recently .....
QUAD needs to think economics. Here is why
July 09, 2021 01:29 PM AEST| By Furquan MoharkanAs the world is trying to battle its way out of the COVID-19 pandemic, the skepticism towards China has multiplied manifold in the past one and half year. Whether this skepticism is diplomatically right or wrong, is a question of debate. Many have a...
Look at the top 8 cryptocurrency exchanges operating in New Zealand
July 09, 2021 01:26 PM AEST| By Jasmine AnandSummary Just like stock exchanges, which offer trading in shares, cryptocurrency exchanges offer trading in digital assets. These exchanges help customers trade in a wide range of crypto assets. Apart from ensuring safety and security of digit.....
NZ railways to get NZ$1.3-billion investment in next 3 years
July 09, 2021 10:35 AM AEST| By RomaSummary Three-year rail investment program pledges NZ$1.3-billion investment. KiwiRail can begin a new era of consistency and success. Responsible for the GDP of the country, this is a much-needed support for KiwiRail. Railways in New Zea.....
Is Neo a good cryptocurrency? Is it better than Ethereum?
July 09, 2021 09:40 AM AEST| By SonalSummary NEO is a blockchain project of China and is committed to creating a smart economy. Neo uses a consensus mechanism to protect its blockchain and maintain its distributed network of computers in sync. Neo enjoys certain advantages that E.....
Are ETFs good investment options for beginners?
July 09, 2021 08:42 AM AEST| By Team Kalkine MediaSummary There are more than 2100 Exchange Traded Funds (ETF) in market. ETFs present the combination of mutual fund and stocks. There are active and passive ETFs with different expense ratio. Where to invest money in the stock market? Tha.....
Moving iMage (MITQ) IPO: Stock jumps 700% on NYSE debut
July 09, 2021 08:09 AM AEST| By Kiran MuraliSummary The California-based digital cinema company priced its IPO at US$3 per share. Moving iMage stock ended first-day trading on NYSE at US$24. The company raised US$12.6 million by offering 4.2 million shares Moving iMage Technologies.....
Carver (CARV), Urban One (UONE): 2 rising stocks on Thursday
July 09, 2021 07:57 AM AEST| By Team Kalkine MediaSummary Carver Bancorp’s stock price more than tripled, while Urban One jumped over 20 percent. Carver Bancorp’s share price is up approximately 425 percent this year. Urban One stock gained approximately 108 percent year to date. .....
Wall Street stocks retreat on economic concerns
July 09, 2021 07:46 AM AEST| By Sanjeeb BaruahAll major US stock markets closed their sessions in red on Thursday, July 8, as a continued demand and supply imbalance raised concerns about the health of the American economy, and investors pulled back from risky bets. The S&P 500 was down 0.8...
Top Chinese stocks to watch on Nasdaq, NYSE
July 09, 2021 06:20 AM AEST| By Team Kalkine MediaSummary Tencent Music Entertainment Group (NYSE: TME) reported revenue of US$20.6 billion in Q1, 2021, an increase of 25 percent YoY. com, Inc. (Nasdaq: JD) reported net revenue of US$131 billion in Q1, 2021, up by 39 percent YoY. Baidu, Inc. .....
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Planet Labs (PL): All you need to know about $2.8B SPAC deal
July 09, 2021 12:25 AM AEST| By Kiran MuraliSummary The earth data and analytics company will become public following a reverse merger. California-based Planet Labs will be valued at US$2.8 billion after the transaction. Planet Labs will trade on the NYSE under the ticker “PL&rdqu.....
Top 10 cryptos to look at
July 09, 2021 12:15 AM AEST| By Kamalika GhoshSummary Cryptocurrency is a virtual currency that works as a mode of payment for buying goods and services. As of 8 July 2021, the market cap of all the cryptocurrencies was more than $1.38 trillion. Cryptocurrency is a virtual curre.....
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D-Day: I3 Energy announces maiden dividend and successful corporate strategy execution
July 08, 2021 10:44 PM AEST| By Team Kalkine MediaSummary AIM-listed energy company I3 Energy (LON: I3E) announced its maiden special dividend after court cancelled its share premium account. The dividend payout of 0.16 pence per share is scheduled for 6 August, while its ex-dividend date is 1.....
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Which were the hottest global tech IPOs in 2021?
July 08, 2021 07:03 PM AEST| By SonalCompanies are compelled to employ technology to rethink virtually every aspect of their business as a result of the COVID-19 outbreak. The adoption of digital technologies has sped up with changes in the ways businesses operate. Subsequently, funding...
Which are the hottest names in the crypto space this year?
July 08, 2021 04:33 PM AEST| By Furquan MoharkanCryptocurrencies have been selling like hot cakes this year. It has been one of the most talked-about asset classes, of late. From Tesla Inc (NASDAQ:TSLA) CEO Elon Musk-backed rally of the meme cryptocurrency – Dogecoin, to the controversy surr...
What’s fuelling the global microchip shortage and what are its ramifications?
July 08, 2021 01:20 PM AEST| By Team Kalkine MediaSummary Microchips are used in almost all electronic devices, automobiles, and portable products. The demand for microchips has surged to record high levels. Chip shortage is one of the main reasons for the delay in the deliveries of vehicles .....
