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News
Crude oil prices reach 3-year high on US supply disruptions
September 27, 2021 11:46 AM AEST| By Arpit Vermath supplies from Canada and Iraq. Members of OPEC+ struggle to raise their output. Crude oil rose to a near three-year highest levels on Monday. Brent Crude oil futures for December delivery last traded at US$78.05 a barrel, up 1.06%, whereas W...
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UK mulls ban on China’s investment in the nuclear energy sector
September 26, 2021 07:13 PM AEST| By Sreenivas D AjankarThe UK government plans to bring guidelines for the nuclear power stations that would ban the Chinese firms’ investments in the UK nuclear energy sector. The government’s plan to restrict investment from China is because of security con.....
German general election 2021: Who could replace chancellor Merkel?
September 26, 2021 06:29 PM AEST| By Sreenivas D AjankarHighlights Germany is voting today to elect a new chancellor. Eligible voters will cast their votes to elect members for 598 seats across 299 districts. The new government’s biggest challenge will be bringing Germany back on a growt.....
The story of cryptocurrencies – past, present, future
September 26, 2021 12:34 AM AEST| By Rini ZachariahTrading in cryptocurrency is a current fad among many investors looking for making quick money. However, loosing money while trading in crypto is equally possible. A cryptocurrency is a digital currency that uses an online ledger with a stron.....
How to plan your perfect hybrid work schedule?
September 25, 2021 12:00 PM AEST| By Ipsita SarkarHighlights Many employees find hybrid work attractive due to the flexibility it offers. Forty-seven percent of workers who participated in a study said they prefer a hybrid work plan. Managers’ office days should be the team members offi.....
Why did Canoo (GOEV), Meredith (MDP) stocks jump on Friday?
September 25, 2021 10:28 AM AEST| By Team Kalkine MediaHighlights Canoo Inc. (NASDAQ: GOEV) reported a net loss of US$112.55 million in Q2, FY21. The GOEV stock tumbled 40.64 percent YTD. The total revenue of Meredith Corporation (NYSE: MDP) surged 17% YoY in Q4, FY21. The stocks of Canoo Inc.....
US indices close week mixed, weighed down by tech stocks
September 25, 2021 07:44 AM AEST| By Sanjeeb BaruahBenchmark US indices closed the trading week mixed on Friday, September 24, pulled down by losses in technology and healthcare sectors amid mixed global cues. The S&P 500 was up 0.15% to 4,455.48. The Dow Jones rose 0.10% to 34,798.00. The NASDA...
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All Crypto Transactions Are Illegal, Says China's PBOC
September 24, 2021 10:36 PM AEST| By Manu ShankarHighlights The People’s Bank of China (PBOC) has said that as cryptocurrencies don’t form a part of the payment system. On Friday, Bitcoin was perhaps one of the first one to react to the statement as its prices immediately dropped .....
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PBOC Says All Crypto-Related Transactions Are Illegal
September 24, 2021 08:22 PM AEST| By Manu ShankarIn a major crackdown on the cryptocurrency market, China’s central bank, The People’s Bank of China, announced that all the cryptocurrencies in the country will now be deemed illegal and should be banned from trading. The People’.....
7 Roadblocks every EV customer is facing
September 24, 2021 07:12 PM AEST| By Mohammad ZaidHighlights Electric car sales touched 2.1 million worldwide, surpassing the numbers in 2018. EV adoption is gaining pace across the globe, but there are numerous roadblocks to the adoption of EVs by customers. Overcoming these challenges.....
Why China Evergrande Group shares sank 12% today
September 24, 2021 06:30 PM AEST| By Chitranjan KumarHighlights China Evergrande Group shares nosedived over 12% on Friday. The stock has tumbled 46% in past one month and 83% since the beginning of this year. The real estate giant’s debt deadline for US$83.5 million interest payment elaps.....
How soaring inflation might sway interest rates
September 24, 2021 06:19 PM AEST| By Furquan MoharkanHighlights The BoE and Fed have indicated rate hikes and taper early next year. The RBA has already truncated its bond buying programme. Inflation is pushing central banks to adopt hawkish policy. Inflation is running hot and it may drive.....
Did you miss these one-year gains on Ethereum?
September 24, 2021 05:56 PM AEST| By Akanksha VashishtEthereum has cemented its place in the crypto world as the world’s first programmable money. Being the second largest cryptocurrency in the world, Ethereum surpassed Bitcoin in terms of the crypto’s price rise during early 2021. Such m.....
How much would you have made in Bitcoin in one year?
September 24, 2021 05:36 PM AEST| By Akanksha VashishtBitcoin has been the star of the cryptocurrency realm, with all eyes fixed on the price movements of the internet’s favourite cryptocurrency. The previous year has been exceptional for Bitcoin owing to some major developments affecting its pr.....
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Internet sensation Chloe Clem to sell her iconic meme as NFT
September 24, 2021 04:51 PM AEST| By SamtaThe famous meme girl “Side-eyeing Chloe’’ is selling her “disapproving look” meme – an iconic reaction photo used as meme over the internet -- as an NFT. Representative Image Source: © Jirsak | Megapixl.c.....
Debt, mortgage and collateral: Decoding the jargons
September 24, 2021 02:55 PM AEST| By Furquan MoharkanThe Evergrande fiasco has brought back the focus on debt, a term that motivates as well as scares people. The Chinese property developer, hit by a severe liquidity crunch, sits on a pile of debt worth US$305 billion – 2.1% of the country&rsquo...
Five factors that affect Bitcoin’s price
September 24, 2021 02:00 PM AEST| By AayushLike most cryptocurrencies, Bitcoin is quite volatile. The largest crypto in the world has fallen over 50% from its peak of ~US$64,800 after delivering a mammoth gain this year. Before investing in Bitcoin, an investor should ask this question &nda.....
Now, using Twitter can help you earn bitcoin
September 24, 2021 11:23 AM AEST| By AshishHere is a piece of good news for Twitter users. Now, you can get paid in bitcoins by your followers for the content you create on the social media platform. On Thursday, CEO Jack Dorsey announced that it will allow Twitter users to tip their favou.....
Earnings Alert: Accenture (ACN), Nike (NKE) post strong revenue growth
September 24, 2021 09:14 AM AEST| By Ipsita SarkarHighlights Accenture plc’s (NASDAQ: ACN) revenue was US$13.41 billion in Q4, FY21, compared to US$10.83 billion in the year-ago quarter. Nike, Inc’s (NYSE: NKE) revenue surged 16 percent YoY to US$12.24 billion in Q1, FY22. Accentu.....
Argo Plc (ARBK) stock jumps 13% in NASDAQ debut
September 24, 2021 08:50 AM AEST| By Team Kalkine MediaHighlights Argo Blockchain Plc (Nasdaq: ARBK) stocks soared 13.20% in Nasdaq debut. The London-based blockchain company raised US$112 million in an IPO. Argo owns land in Texas, where it will construct a crypto mining facility. The stock.....
