News

Why Commodities Index Hit at A Nine-Year High 

Summary The Bloomberg commodity spot index surged to nine-year high levels amid robust economic recovery. Almost all the commodities are rallying...

Unemployment In Urban India Nearing Hit Double-Digit Mark As COVID-1...

The chances of economic recovery in the world’s second-most populous country – India – look bleak as the unemployment rate in the ur...

XRP Makes Waves, Soars 40% in the Past Week

Summary Cryptocurrency Ripple (XRP) has gained a 3% market share, having risen 40% in the past seven days. Ripple, first launched in 2012, was des...

RBA keeps rates unchanged, revises up GDP growth

The Reserve Bank of Australia (RBA) on Tuesday kept both official interest rate and yield target on the three-year bond yield unchanged 0.1%. The RBA,...

It’s splitsville for the Gates: Bill, Melinda end 27-year marriage

Microsoft co-founder and the world's fourth wealthiest person, Bill Gates and his wife Melinda have mutually decided to end their 27-year-long marriag...

Mixed opening for APAC markets; Japan, China and Thailand on holiday...

The Asia-Pacific markets were showing mixed trends on Tuesday, even as three major markets – China, Japan, and Thailand – are closed on ac...

RBA Monetary Policy: What market expects from the central bank

The Australian share market closed flat with positive bias on Monday as traders were cautious ahead of Reserve Bank of Australia’s (RBI) policy...

Warren Buffett Names Greg Abel As His Successor at Berkshire Hathawa...

Summary The 90-year-old business mogul said in a TV interview that if he were to step down, Mr. Greg Abel would take over reins. Buffett, who has...

Ethereum Crosses $3K-Mark To Hit All-Time High. What Next?

Ethereum (Ether), the second largest crypto by market cap, surpassed the US$ 3,000-mark for the first time ever on Sunday, May 2. The blockchain giant...

Pressure to waive off vaccine IP rights increases as COVID-19 cases...

Summary With the surmounting COVID-19 cases, the developing countries are demanding patent exemptions on items, including vaccines, diagnostic kits...

Why Berkshire’s Charlie Munger ‘hates’ Bitcoin’s meteoric rise

Summary Expressing his dislike for Bitcoin, Berkshire Hathaway’s Vice Chairman Charlie Munger on Saturday said: “Of course I hate the b...

Hot EV Stocks: How have they fared in the past year?

Summary Electric Vehicle (EV) is the booming sector and offers a huge opportunity for the investors. The shift towards sustainable development is...

COVID-19’s deadliest week kills over 93K globally, India remains wor...

The COVID-19 pandemic has claimed 93,537 lives in last seven days – in what has been the deadliest week since the onset of the pandemic. The we...

A New Copyright Lawsuit May Unveil Bitcoin’s True Founder

Summary Australian Craig Wright is filing a copyright claim against the website Bitcoin.org, claiming he is the true founder of the cryptocurrency...

Warren Buffett roots for retained earnings, rues Apple share sale

Ace investor and billionaire Warren Buffett has batted for the importance of retained earnings at a time when more and more investors are pitching for...

Good News For Crypto Lovers: Coinbase Allows Crypto Purchase Via Pay...

Summary Coinbase allows its customers to buy cryptocurrencies using bank accounts linked to PayPal. Coinbase’s users can purchase up to US$2...

Crucial events that can sway global markets this week

The rally in the global equity markets has flattened in last few months. Mixed macro numbers numbers and India’s burgeoning COVID-19 numbers are...

Is China a major threat to US national security?

Summary China is seen as a strategic competitor by the US. US-China relations revolve around competition for global power and technology usage. S...

3 Key Things That Will Shape Markets in the Coming Week

US stocks dropped on Friday but reported gains for April after expectations of strong earnings report. The week of April 30 came to a close with figu...

Global COVID-19 cases cross 152 million, India amongst top contribut...

Since the COVID-19 virus wreaked havoc on people's lives all over the world, nations have been struggling to fight infections that keep resurfacing du...