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News
COVID-19 Survivors May Need Only One Dose Of Vaccine, Says Study
April 18, 2021 06:13 PM AEST| By Shreya BiswasSource: Sorapop Udomsri, Shutterstock Summary A latest study has found that a single dose of the Pfizer-BioNTech or Moderna vaccine may be enough to provide immunity to COVID-19 survivors. The study was conducted by researchers at Los Angeles&...
Is A Third Vaccine Shot Required To Beat COVID-19? Pfizer Plans To Go Ahead With It
April 18, 2021 06:10 AM AEST| By Team Kalkine MediaSource: joel bubble ben, Shutterstock Summary Pfizer’s CEO expresses thoughts on administrating a third dose of the COVID-19 vaccine. It is pointed out that the present Pfizer vaccine is almost 95% effective in fighting the COVID-19...
NZ PM Ardern announces Trans-Tasman bubble. How are airlines preparing for it?
April 18, 2021 06:00 AM AEST| By Team Kalkine MediaSource: Jag_cz, Shutterstock Recently, a two-way quarantine-free bubble was announced by the New Zealand Prime Minister, Jacinda Ardern, which shall commence from 19 April 2021. This news was welcomed by Australia. Source: © Travelling-light...
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Bitcoin, an Irrational Exuberance?
April 17, 2021 09:11 PM AEST| By Team Kalkine MediaSource: Mc_Cloud, Shutterstock Bitcoin mania is everywhere. Read the last sentence again. The word ‘mania’ holds a lot of significance. By contrast, bitcoin itself is yet to find undisputed acceptance in global trade and commerce. A bri...
Record properties sold in March, S&P expects NZ house prices to drop
April 17, 2021 06:00 AM AEST| By Team Kalkine MediaSource: 89stocker, Shutterstock Summary The highest number of properties were sold in March. The NZ government announced many measures to fix housing crisis. S&P Global expects the NZ house prices to fall. Latest REINZ statistics for...
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Indian IT ADRs more than double in 1 year
April 17, 2021 05:16 AM AEST| By Furquan MoharkanSource: Jirapong Manustrong, Shutterstock The American Depository Receipts (ADRs) – Infosys Ltd (NYSE:INFY) and Wipro Ltd (NYSE: WIT) of two Indian companies have more than doubled in the past one year. And both have a similar story: both comp...
Facebook In Trouble Again, Faces Major Legal Action Over 2019 Data Leak
April 17, 2021 12:55 AM AEST| By Shreya BiswasSource: Camilo Concha, Shutterstock Summary Digital Rights Ireland(DRI), a digital rights advocacy agency, has announced that it will be initiating a “mass action” to sue Facebook over the massive user data breach of 2019. User inf...
Morgan Stanley net profits surge 150% in Q1
April 17, 2021 12:43 AM AEST| By Team Kalkine MediaUS$ 3.4 billion versus US$ 950 million last year. Quarter results also highlight a loss of US$ 911 million tied to Archegos. The American Banking major Morgan Stanley (NYSE:MS) has reported a blockbuster quarterly performance, with its net pro....
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Google misled Australians over data collection: ACCC
April 16, 2021 09:17 PM AEST| By Team Kalkine MediaSource: New Africa, Shutterstock In a world-first, a federal body has stated that US-based tech giant Google tricked its users in Australia. The Australian Competition & Consumer Commission (ACCC), on Friday, shared that the Federal Court has di...
Is GlaxoSmithKline PLC getting ready to take off?
April 16, 2021 07:05 PM AEST| By Team Kalkine MediaSource: Poring Studio, Shutterstock Summary GlaxoSmithKline PLC (LON: GSK) gained 4.56% percent in the last trading session. The stock soared almost ~16.64 percent in the last eight weeks, the price has broken out of its falling channel patter...
Lower Ending Stocks & Tight Supplies Push Corn Prices Higher
April 16, 2021 05:08 PM AEST| By Team Kalkine MediaSource: Africa Studio, Shutterstock Summary Corn prices are continuously trading in the northward direction for the past 9 months. Prices broke the downward sloping trendline in January 2021 and since then the upside momentum strong. Global C...
COVID-19 Weekly Roundup: Latest developments around the world
April 16, 2021 05:00 PM AEST| By Team Kalkine MediaSource: Moonhonor, Shutterstock Summary The EU Commission has opted not to renew contracts for the COVID-19 vaccine from Oxford-AstraZeneca and Johnson & Johnson. Researchers at the University of Oxford introduced a Com-Cov study to evalua...
Citibank kicks off Australian retail bank sale, confirms CEO
April 16, 2021 02:59 PM AEST| By Furquan MoharkanA signboard of Citibank seen outside a building in Manhattan, New York. © Noodles73 | Megapixl.com US banking behemoth Citigroup Inc (NYSE:C) has commenced the sale of its consumer banking business in Australia, a top official from the bank con...
Goldman Sachs Consolidating Around Trend Line Support
April 16, 2021 01:36 PM AEST| By Team Kalkine MediaSource: soul_studio, Shutterstock Summary Goldman Sachs Group Inc. (NYSE: GS) has been on an upward trajectory since October 2020. The price has broken crucial resistance level and hit an all-time high. Stock prices are trading above an upwar...
Stats NZ: Businesses to carry out R&D despite COVID-19
April 16, 2021 12:32 PM AEST| By Team Kalkine MediaSource: SmartPhotoLab, Shutterstock Summary Research and development activity is expected to stay steady in the future despite COVID-19. 41% businesses have planned to increase their R&D spend over the next financial year. COVID-19 caused...
Dow smashes a milestone by shooting past 34K-mark
April 16, 2021 10:39 AM AEST| By Furquan MoharkanThe 30-share large cap index of the US market – Dow Jones Industrial Average (Dow30) – surged past the 34,000-mark for the first time on Thursday, as global equities continue to rally. Although the benchmark opened almost flat at...
Ethereum Hits Record High, Up 2x Against Bitcoin In 2021
April 15, 2021 11:22 PM AEST| By AnujSource: pedrosek, Shutterstock Most investors pick Bitcoin as their first crypto choice. But Ethereum, which surpassed the largest cryptocurrency with a double margin year-to-date (YTD), is a great option too. Since its launch in 2015, Ether...
Crypto Kings: Extraordinary Tale of Coinbase Founders Brian Armstrong, Fred Ehrsam
April 15, 2021 07:18 PM AEST| By Team Kalkine MediaSource: DSkorynko, Shutterstock Summary Although Coinbase made a smashing debuted on NASDAQ, opening 4% higher than the reference price, the Company had humble beginnings. Co-founders Fred Ehrsam and Brian Armstrong met on Reddit and built the...
Is It A Good Time To Invest In Dogecoin & XRP?
April 15, 2021 06:50 PM AEST| By AnujSource: Virrage Images, Shutterstock Ripple’s XRP token is back on its bull-run even despite the ongoing legal tussle to resolve litigation from the US Securities and Exchange Commission (SEC). Ripple’s XRP token has grown more than doub...
Failing On Targets, GameStop CEO Forfeits US$98 Million In Shares
April 15, 2021 01:26 PM AEST| By Furquan MoharkanGamestop store in Kahala Mall Shopping Center, Honolulu, Hawai. © Brodogg1313 | Megapixl.com The CEO of gaming company GameStop Corp (NYSE:GME), Sherman George E Jr has forfeited 587,000 restricted shares after failing to meet his performance t...
