Economy


 Wetherspoons joins the list of firms hit by supply chain crisis in UK

Wetherspoons joins the list of firms hit by supply chain crisis in UK

September 02, 2021 02:12 AM EDT| By Nidhi Gupta

Wetherspoons 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

Asia Pacific markets close in green

August 30, 2021 06:35 AM EDT| By Furquan Moharkan

Highlights 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?

How is cloud computing shaping the future of the healthcare industry?

August 27, 2021 10:10 AM EDT| By Tripti Joshi

Highlights  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

Asia Pacific markets mixed; all eyes on Powell’s Jackson Hole speech

August 27, 2021 02:11 AM EDT| By Furquan Moharkan

Asia-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?

How many international airlines are still flying to Australia?

August 25, 2021 10:54 PM EDT| By Ashish

Even 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%

APAC markets start the week on a high, major indices surge 2%

August 23, 2021 04:21 AM EDT| By Furquan Moharkan

Equity 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

The week ahead: Key economic events to watch

August 20, 2021 04:43 AM EDT| By Team Kalkine Media

Highlights 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

Canada snap election 2021: How a Tory win could impact stock markets

August 19, 2021 11:39 AM EDT| By Ankit Sethi

Highlights 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

Afterpay Day 2021: Check out the best fashion and tech deals

August 19, 2021 02:31 AM EDT| By Ashish

Highlights 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

A quick look at 10 most influential economists

August 18, 2021 10:27 PM EDT| By Team Kalkine Media

As 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

Canada snap election 2021: How a Liberal win could impact stock markets

August 17, 2021 11:59 AM EDT| By Ankit Sethi

Highlights 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

Canada snap election 2021: Here is all you need to know

August 16, 2021 10:37 AM EDT| By Ankit Sethi

Canadian 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?

How are low interest rates helping Canada & US?

August 13, 2021 09:30 AM EDT| By Ankit Sethi

Highlights 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

The week ahead: Key economic data to watch

August 13, 2021 03:33 AM EDT| By Team Kalkine Media

Summary  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?

When will Australia lift international travel ban?

August 13, 2021 02:26 AM EDT| By Ashish

Sneh 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

Crude oil marks worst run in four months as COVID-19 hits demand outlook

August 09, 2021 08:50 PM EDT| By Furquan Moharkan

Crude 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

How hospitality sector desires to overcome ‘Pingdemic’ hurdles

August 06, 2021 08:09 AM EDT| By Abhijeet

Summary  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

Online Scams: UK consumers clueless on how to avert frauds

August 04, 2021 03:31 AM EDT| By Kamalika Ghosh

A 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

RBA to cut bond buying program by 20% after a month

August 03, 2021 03:02 AM EDT| By Furquan Moharkan

The 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

APAC markets open mixed ahead of RBA decision

August 02, 2021 09:34 PM EDT| By Furquan Moharkan

The 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...

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