Economy
Wetherspoons joins the list of firms hit by supply chain crisis in UK
September 02, 2021 02:12 AM EDT| By Nidhi GuptaWetherspoons on Wednesday joined the list of effected firsm as it reported that its Carding and Coors beers are the latest casualty of the supply chain crisis as most pubs are not receiving deliveries. Its brewers, Molson Coors, said that the suppl.....
Asia Pacific markets close in green
August 30, 2021 06:35 AM EDT| By Furquan MoharkanHighlights Most APAC markets began the week on a positive note. Australia recorded an unprecedented surge in fresh COVID-19 cases. Investors are keeping track of Meituan results. Asia Pacific shares on Monday closed mostly in the green, w.....
How is cloud computing shaping the future of the healthcare industry?
August 27, 2021 10:10 AM EDT| By Tripti JoshiHighlights Cloud computing in healthcare is making a positive change in several ways, including cost reduction in health-related services. Telemedicine, artificial intelligence, virtual reality, internet of medical things are some key tre.....
Asia Pacific markets mixed; all eyes on Powell’s Jackson Hole speech
August 27, 2021 02:11 AM EDT| By Furquan MoharkanAsia-Pacific shares were trading mixed on Friday as investors remained guarded ahead of the Federal Reserve’s annual Jackson Hole symposium where Fed Chair Jerome Powell will be speaking. In Australia, the benchmark ASX200 pared early losses o...
How many international airlines are still flying to Australia?
August 25, 2021 10:54 PM EDT| By AshishEven as the international borders remained closed for passengers for the last many months, a few airlines flew in and out of Australia, benefitting from quarantine-free travel corridors and specially organised repatriation flights. More airlines a.....
APAC markets start the week on a high, major indices surge 2%
August 23, 2021 04:21 AM EDT| By Furquan MoharkanEquity markets in the Asia Pacific (APAC) region were rallying on Monday morning after the Hong Kong markets bounced back from last week’s bearish trend. By Monday afternoon, the benchmark Hang Seng Index of Hong Kong was trading 1.78% higher,...
The week ahead: Key economic events to watch
August 20, 2021 04:43 AM EDT| By Team Kalkine MediaHighlights The recent wave of the Delta variant has posed a significant roadblock in the path to global economic recovery. The key economic announcements lined up ahead would provide better insight into how world leaders are planning to fight t.....
Canada snap election 2021: How a Tory win could impact stock markets
August 19, 2021 11:39 AM EDT| By Ankit SethiHighlights Progressive Conservatives have upset the Liberal party in the Nova Scotia snap election. Conservatives are promising billions of dollars in new spending and balancing the budget. The Canadian stock market growth is owed to t.....
Afterpay Day 2021: Check out the best fashion and tech deals
August 19, 2021 02:31 AM EDT| By AshishHighlights Afterpay is back with its sale event, which occurs twice a year. The four-day Afterpay sale, which began at 7 AM (AEST) on 19 August, is offering discounts as high as 70% on popular brands. Major deals are spread across fashion, bea.....
A quick look at 10 most influential economists
August 18, 2021 10:27 PM EDT| By Team Kalkine MediaAs a field of study, economics has taken a diverse path over years, which is characterised by rapid developments and changing philosophies. Meanwhile, the field has witnessed several monumental changes/new ideologies over the course of time and has.....
Canada snap election 2021: How a Liberal win could impact stock markets
August 17, 2021 11:59 AM EDT| By Ankit SethiHighlights Liberals are in favor of increased government spending amid the shock of the pandemic. The S&P/TSX Composite Index touched the 20,000-level for the first time in June 2021. The Opposition has criticized the Federal Budge.....
Canada snap election 2021: Here is all you need to know
August 16, 2021 10:37 AM EDT| By Ankit SethiCanadian Prime Minister Justin Trudeau has announced that the country will be heading for a snap election next month, an announcement that has left many intrigued. What is a snap election? A snap election, as the name plainly suggested, is a poll.....
How are low interest rates helping Canada & US?
August 13, 2021 09:30 AM EDT| By Ankit SethiHighlights In March 2020, the Bank of Canada cut its benchmark interest rates to 0.25 per cent. In the wake of the pandemic, the US Federal Reserve has also maintained interest rates at record-low levels. Inflation is high in both the US and C.....
The week ahead: Key economic data to watch
August 13, 2021 03:33 AM EDT| By Team Kalkine MediaSummary Most countries remain positioned to face higher levels of inflation as economic recovery takes shape across the globe. The economic revival has not been uniform across nations, with some countries still struggling to contain the v.....
When will Australia lift international travel ban?
August 13, 2021 02:26 AM EDT| By AshishSneh Gandha, a 63-year-old from Jalandhar, India, has been, without fail, tracking updates daily on the existing coronavirus scenario in Australia. Her elder son Sumeet resides in Sydney, the capital city of New South Wales (NSW), which was last he.....
Crude oil marks worst run in four months as COVID-19 hits demand outlook
August 09, 2021 08:50 PM EDT| By Furquan MoharkanCrude oil prices are witnessing their worst run in about four months as concerns about the softened demand have resurfaced in the global oil market. The prices of Brent Crude Oil Futures for October 2021 have crashed 9.3% in the current month as the...
How hospitality sector desires to overcome ‘Pingdemic’ hurdles
August 06, 2021 08:09 AM EDT| By AbhijeetSummary Hospitality sector has been the worst-hit industries in last 16 months Pingdemic is hurting the businesses and operations as firms face staff shortages UKHospitality has welcomed the proactive initiative of pinging the people Th.....
Online Scams: UK consumers clueless on how to avert frauds
August 04, 2021 03:31 AM EDT| By Kamalika GhoshA recent report by Which? has stated that the UK’s biggest banks are failing to provide proper support to fraud victims, leaving them feeling vulnerable and abandoned at a time of crisis and exposed to future scams. In last one year, as per a.....
RBA to cut bond buying program by 20% after a month
August 03, 2021 03:02 AM EDT| By Furquan MoharkanThe Reserve Bank of Australia (RBA) will trim its bond purchase program by 20% after a month despite the need for more liquidity in a system which has been hit hard by the COVID-19 pandemic. The Australian central bank said that it will purchase gov...
APAC markets open mixed ahead of RBA decision
August 02, 2021 09:34 PM EDT| By Furquan MoharkanThe equity markets in Asia-Pacific (APAC) region traded mixed on Tuesday morning as investors are keenly looking out for the Reserve Bank of Australia’s latest monetary policy decision. In Japan, the benchmark Nikkei 225 slipped 0.34% in early...