News

APAC markets in green; ASX200 up 0.37%

Summary APAC markets have been unaffected by Biden ban China markets among top performers in the region Australia markets continue winning strea...

Biden bans US investments into 59 Chinese firms

Summary Biden bars American from investing in 59 more companies. The US president has signed an executive order to this effect. Trump had already...

How does a meme stock work?

GameStop, AMC Theatres, Nokia, BlackBerry Enterprise, Reddit, Robinhood application icons grouped in Meme Stocks folder on smartphone. If 2020 was a...

US Stocks Retreat, Weighed Down By Bluechip Stocks 

US stock markets closed lower on Thursday, June 3, dragged down by bluechip stocks as investors waited for the latest economic data from the Labor Dep...

What’s happening in Australia’s wind energy space?

The world is rushing towards adapting to wind power, thanks to renewable energy being the need of the hour. So much so, the world set a new record in...

Why is BHP Group (ASX:BHP) an important blue chip stock to track?

BHP Group Ltd (NYSE:BHP, ASX:BHP) is committed to its strategy focused on creating long-term value and high returns with the best capabilities, best c...

APAC markets trade in green; ASX200 jumps 0.71%

Summary Markets in green as investors react to data from Australia and China. South Korean markets are the outperformers. Thai and Hong Kong mark...

How crude oil dynamics influence the upstream and downstream sectors

Summary Crude oil prices have witnessed a dramatic journey, rising from a negative territory in 2020 to the pre-pandemic levels in 2021. The dynam...

April retail sales rise as shoppers brush aside pandemic woes; consu...

Summary Australia’s retail sales rose in April on expected lines as cafés, restaurants and takeaway food services reported encouraging...

Did Mudrick Capital rush into selling AMC shares?

Summary Meme stock, AMC Entertainment Holdings is once again in news as company raises US$230 million. Mudrick Capital Management, L.P. flips shar...

Why is iron ore rally hurting these two sectors?   

Summary The prices of iron ore have almost doubled in the last one year, on account of strong economic growth, globally. China's decision to curb...

The new economy: 6 ways how the coronavirus has changed the global e...

Summary The lockdown period has brought about many necessary innovations and realizations pertaining to better and more efficient ways to conduct b...

Why AMC shares doubled in one session

The shares of American movie theatre chain AMC Entertainment Holdings Inc (NYSE:AMC) almost doubled in just one trading session as Reddit-driven frenz...

How did US stocks perform on Wednesday?

Benchmark US stock indices saw muted gains on Wednesday, although the segments broadly remained subdued as investors took cues from the recent spike i...

What’s brewing in the mining industry as ESG debate heats up

Summary The mining industry is witnessing growing calls to adopt new standards to meet Environmental, Social and Governance (ESG) compliance. Vari...

 What does the future of shale oil market look like?

Summary Advancements in oil and gas drilling technology have unlocked huge reserves of oil, earlier untapped by oil and gas players. Shale oil is...

E-commerce giant Amazon supports the MORE Act to legalize cannabis i...

Summary Amazon disclosed that it would actively support the MORE Act for the federal legalization of marijuana in the US. The e-commerce behemoth...

Opinion: India will take years to wipe off the bruise marks wreaked...

As the second wave of the COVID-19 pandemic seems to be finally receding in India, the trail of tragedies that it has left behind is beyond imaginatio...

Cyber attacks on the rise in Australia as cyber criminals spare no s...

A cyber attack is an intentional and malicious attempt by individuals or corporations to breach an individual’s or a corporation’s informa...

Australia’s March quarter GDP rises 1.8%, beats estimates

The Australian economic activity recovered to be above pre-coronavirus levels and grew by 1.8% in the March quarter. With this, the annual growth stoo...