News
Will Dogecoin reach $5?
June 16, 2021 08:39 PM AEST| By Team Kalkine MediaSummary Dogecoin has been the most popular Altcoin since its inception. It has recently touched a high of US$0.64 on 8 May 2021, and investors started speculating new heights for it. Being a popular cryptocurrency, its inherent volatility is w.....
UK-Australia First Free Trade Agreement Post Brexit to Boost Boris Johnson’s Political Standing
June 16, 2021 08:35 PM AEST| By Kamalika GhoshSummary Australia and the UK signed the first free-trade agreement since Brexit. The deal would remove tariffs on swimwear, Hardy wines, Jacob’s Creek, and confectionery. It would also let people less than 35 years of age to work and liv.....
Ether vs Ethereum: What is the difference?
June 16, 2021 07:16 PM AEST| By Daniel Paul JohnsSummary Ethereum is a decentralised blockchain, within which Ether is the platform’s currency. Ethereum cannot be bought and sold, whereas Ether can be bought and sold. The difference between Bitcoin and Ethereum is, although both use blo.....
Crude oil rises 44% YTD, stoking up inflationary pressure
June 16, 2021 05:10 PM AEST| By Furquan MoharkanThe prices of brent crude have surged by 44% in the calendar year 2021, which has been adding to the inflationary pressure across the economy. Brent crude oil prices, as on date, stand at US$74.62 a barrel, compared with US$51.8 a barrel on close of...
Is virtual reality the future of eSports?
June 16, 2021 03:06 PM AEST| By Sonal SinhaSummary The eSports industry grew massively in 2020 as gaming became the main source of entertainment for people restricted to their homes during the pandemic. The global digital PC games market is likely to grow at a double-digit CAGR and cros.....
APAC markets mixed as Japan export data misses estimates
June 16, 2021 01:08 PM AEST| By Furquan MoharkanSummary APAC markets mixed ahead of the US Fed’s policy decision announcement. Japan’s export data for May has missed estimates. China is set to release retail sales numbers. The shares across the Asia Pacific (APAC) region we.....
When will COVID-19 be over?
June 16, 2021 12:50 PM AEST| By Furquan MoharkanIn January 2020, I had a bout of cold. As a precautionary measure I wore a mask to the office. It was before COVID-19 became the monster it is known as now. One of my colleagues joked: “do you have Corona?”. That day, the number of globa...
How are medical chatbots transforming patient care?
June 16, 2021 12:27 PM AEST| By Tripti JoshiChatbots are software developed with machine learning (ML) algorithms for stimulating and engaging in a conversation with a user to provide real-time assistance to patients. Chatbots have applications across multiple industries including retail, ba.....
How one gesture by Ronaldo cost Coca Cola US$4 billion
June 16, 2021 12:16 PM AEST| By Furquan MoharkanCristiano Ronaldo of Real Madrid celebrating a goal during a Spanish League match against RCD Espanyol at the Power8 stadium on Maig 17 2015 in Barcelona Spain. Football star Cristiano Ronaldo’s snub to carbonated drink Coca Cola has taken a t...
Wall Street stocks drift on weak retail-sales data
June 16, 2021 07:48 AM AEST| By Sanjeeb BaruahBenchmark US indices edged lower on Tuesday, June 15, in mixed trading after the latest government data showed retail sales fell by 1.3% in May compared to figures in the previous month. The S&P 500 shed 0.20% to 4,246.59. The Dow Jones declined...
Technology & Energy Shares Traded in Green; FTSE 100 up 0.36%
June 16, 2021 04:33 AM AEST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in red - particularly, the S&P 500 index traded 8.22 points or 0.19 per cent lower at 4,246.93, Dow Jones Industrial Average Index dipped by 121.64 points or 0.35 per cent lower at 34,272.11...
Unemployment rate slips slightly as claimant count dips sharply
June 15, 2021 10:39 PM AEST| By AbhijeetSummary The unemployment rate in the UK fell marginally in April 2021 to 4.7% Number of people seeking the unemployment benefits dropped by 92,600 Employees on payroll in May 2021 jumped by 141,000, ONS estimate suggests With the co.....
FTSE 100 Set to Open a Tad Lower Tracking Mixed Asian Equities
June 15, 2021 05:26 PM AEST| By Suhita PoddarSummary The FTSE 100 is set to open slightly lower, tracking mixed Asian cues. FTSE futures were trading down by 0.72 per cent on Tuesday early morning. The market is awaiting cues from the unemployment rate and claimant count set to be announ.....
APAC markets mixed; ASX 200 rallies to record high
June 15, 2021 03:54 PM AEST| By Furquan MoharkanThe equity markets across the Asia Pacific (APAC) region were a mixed bag on Tuesday, with Australian shares outperforming peers. The Australian benchmark ASX200 was up 1.06% in the day’s trade and trading at its record high levels, as it op.....
Which countries comprise G7? What is its significance?
June 15, 2021 01:59 PM AEST| By Furquan MoharkanThe Group of Seven, popularly known as G7, is a group of seven countries – the US, the UK, Canada, France, Germany, Japan and Italy – the heads of which hold an annual summit to address the issues of mutual concern. As on date, there is a...
Is inflation here to stay? Read what Jamie Dimon of JP Morgan says
June 15, 2021 12:21 PM AEST| By Furquan MoharkanAs nations continue to recover from the COVID-19-induced recession, the highest inflation levels seen across the economies in more than a decade are roiling the markets. In China, which happens to be the world’s second largest economy, factory...
US markets close flat as technology, real estate stocks advance
June 15, 2021 07:52 AM AEST| By Team Kalkine MediaUS stocks closed flat on Monday, June 14, ahead of a crucial meeting of the Federal Reserve in which senior officials are expected to take stock of the current inflationary pressures. The S&P 500 was up 0.18% to 4,255.15. The Dow Jones declined...
FTSE 100 Traded Above 7,100 Level; Bitcoin Price Breached $40,000
June 15, 2021 04:35 AM AEST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded on a mixed note - particularly, the S&P 500 index traded 10.54 points or 0.25 per cent lower at 4,236.90, Dow Jones Industrial Average Index dipped by 222.60 points or 0.65 per cent lower at...
Just Eat gains 2% as BlackRock buys stake, then loses over 2.5%
June 15, 2021 02:29 AM AEST| By AbhijeetSummary Just Eat Takeaway.com shares experienced a topsy-turvy trading on Monday BlackRock Inc has bought a sizable chunk of shares, taking the net holding to 6.4% Stock collapsed more than 4.5% in late trades from day’s high Shares.....
UK, US, Germany come forward to tackle climate change: Key details to know
June 15, 2021 01:12 AM AEST| By AbhijeetSummary Repercussions of climate change can be more catastrophic as expected UK, US and Germany have extended support to tackle loss due to climate disasters Nations will be judiciously using the money to fund disaster protection schemes .....