News

Explained: The pros and cons of using social media in the healthcare...

Summary Social media can be channelized in quite constructive ways to help the healthcare sector. Prudent use of social networking sites and platf...

Zoom posts blockbuster earnings but cautious of slowdown

Summary Revenue almost triples; earnings up 9x The company expects slowdown going forth. Shares zoom in the aftermarket. The revenues of Zoo...

US Stocks Pull Back Amid Rising Oil Prices

US stock markets closed flat on Tuesday following a lacklustre session as investors took cues from the rising international oil prices that can potent...

The Fickle Beast: The Problem with Bitcoin

In Darren Aronofsky’s urban horror film -  Requiem for a Dream – the two lead characters -  played by Marlon Wayans and Jared Le...

Gold rush on the cards amidst rising inflation and weak dollar

Summary Gold prices surged 8% during May, the highest monthly gain since July 2020. Fear of rise in inflation and weakening of dollar are catalysi...

Private housing approvals in Australia hit an all-time high in April

Summary Total dwelling units approved fell by 8.6%. However, private sector house approvals jumped to a record high. Victoria has been the worst...

RBA holds fire on interest rate, flags low inflation

The Reserve Bank of Australia (RBA) has kept its monetary policy unchanged with interest rate near zero at its June meeting. Strengthen your Portfoli...

Economic Charter: Check out latest developments and further expectat...

Summary Even as the RBA’s monetary policy decision is highly anticipated, a few other critical data releases are already out. The Australian...

Australia house prices continue to heat up

Summary CoreLogic’s national Home Value Index is up 2.2%. The surge in prices was led by capital cities. Hobart index rose the fastest....

APAC markets mixed; ASX200 drops 0.33% ahead of RBA decision

Summary The APAC markets are trading on a mixed note. Private survey shows Chinese factory activity expanding in May. Investors await interest ra...

What does the US budget mean for cryptocurrencies?

Summary US President Joe Biden’s budget proposal, released on Friday, includes new reporting requirements for crypto investors, which means t...

Why Do Markets Not React Much To GDP Data?

The COVID-19 pandemic wreaked havoc last year, turning the world upside down. While the world economy was probably hammered with one of the worst rece...

Australia’s richest person for the 2nd year in a row: The story of G...

Summary Gina Rinehart has topped the AFR Rich List for the second year in a row, aided by surging iron ore price. In the last two years, Mrs Rineh...

Mixed open for APAC markets; China’s PMI data out

The equity markets across the Asia Pacific (APAC) region were a mixed bag on Monday, as China reported less-than-expected growth in its manufacturing...

COVID-19: The Latest World Wrap-Up

Summary Asian countries still deep under the COVID-19 fire. The US hits an all-time low COVID-19 infection rate. Efforts being made by government...

What are Rare Earth Elements and what’s their strategic significance...

Summary Rare earth elements (REE) are a set of 17 metallic elements, which are not rare despite what the name suggests. REEs are widely used in th...

Global Markets: Key events to watch out for this week

It was a mixed bag for the global markets last week – with gains and corrections. However, with a barrage of macro numbers likely this week, mar...

Will China Take Centrestage in Talks Between Scott Morrison and Jaci...

Australia's Prime Minister Scott Morrison is visiting New Zealand from Sunday for high-level talks with its neighbouring country after New Zealand sig...

Bitcoin at $35K, Ethereum at $2300: Why prices of cryptocurrencies a...

The cryptocurrency market continued a bearish trend on Sunday following a roller-coaster week of trading, with major digital currencies such as Bitcoi...

How Cryptocurrencies as Form of Payment can Potentially Benefit Cons...

Summary There is a growing debate around the implications of using cryptocurrencies as a form of payment over the coming years. While highly volat...