World news

Australia to produce its next astronaut; invests A$65M to Australian Space Agency

February 25, 2022 08:18 PM AEDT| By Ritwika

Highlights The Australian federal government has launched an investment plan to support the growth of the space industry in the nation. The objective of the investment is to find the successor or Andy Thomas. Andy Thomas was the last Australia.....

Portugal’s EDP Renewables to make Singapore its APAC clean energy hub

February 25, 2022 07:37 PM AEDT| By Sukriti Nair

Highlights Portugal’s EDP Renewables invests SG$1.1 billion in Singapore’s Sunseap. EDPR looks forward to making Singapore its APAC region clean energy hub. EDPR and Sunseap to reap synergy benefits of Singapore Green Plan 2030. .....

What is NATO? What is its role in the Russia-Ukraine conflict?

February 25, 2022 06:29 PM AEDT| By Akanksha Vashisht

Highlights Russian military forces recently entered Ukraine armed with missiles and artillery. NATO has agreed to stand in solidarity with Ukraine. Since Ukraine is technically not a member of NATO, its involvement in the issue has raised some.....

Here’s why Ukraine is so important for Russia and the West

February 24, 2022 05:35 PM AEDT| By Sukriti Nair

Highlights Russia will begin military operations in Eastern Ukraine, announced President Putin today Europe and West would bear the brunt of Putin’s move as supplies from Russia and Ukraine might get impacted. Russia-Ukraine crisis can p.....

Russia declares war on Ukraine: How Biden & other world leaders are reacting

February 24, 2022 04:19 PM AEDT| By Khushboo Joshi

In a significant development, Russian President Vladimir Putin today (February 24) announced a ‘special military operation’ in Ukraine. Putin has also warned other nations that if they try to interfere with this Russian activity, it wou.....

Russia announces ‘military operation’ in Ukraine, warns West

February 24, 2022 03:09 PM AEDT| By Bhawna Gupta

Russia will begin military operations in Eastern Ukraine, according to Russian President Vladimir Putin, in what appears to be the final build-up to an attack that the US and its European allies have been trying to avoid for weeks through diplomati.....

US indices fall sharply on Ukraine crisis, TSLA, AMZN among top losers

February 23, 2022 03:06 PM PST| By Versha Jain

Benchmark US indices retreated for the second-consecutive day on Wednesday, February 23, after Ukraine declared a state of emergency and asked citizens to immediately leave the territory as a Russian military offensive on Kiev was ‘imminent&rsq...

Ukraine crisis: What Western sanctions mean for Russia?

February 23, 2022 03:56 AM AEDT| By Sanjeeb Baruah

The United States and its allies are considering a series of sanctions against Moscow in the wake of the Russian annexation of the two “breakaway” regions of Ukraine this week. President Vladimir Putin on Monday ordered troops into Don.....

Apple supplier Luxshare plans to raise US$2.1B for expansion plans

February 22, 2022 06:09 PM AEDT| By Bhawna Gupta

Highlights Apple supplier Luxshare plans to issue a total of 2.1 billion shares to up to 35 investors. The new share issue is subject to shareholders and regulatory approvals. The company will use the money to manufacture intelligent wearable .....

Crypto firm Amber Group gets a Temasek valuation of US$3B

February 22, 2022 04:22 PM AEDT| By Sukriti Nair

Crypto firm Amber Group has bagged in a valuation of US$3 billion from investment company Temasek. Amber group has raised US$200 million in its recent funding round led by the Singapore based Temasek. Besides Temasek, Sequoia China, Tiger Global Ma.....

Jetstar announces AU$22 domestic flights sale, site crashes

February 22, 2022 01:34 PM AEDT| By Bhawna Gupta

Highlights The Jetstar sale offers incredibly low fares to more than 50 locations. The flights will take place between mid-October and late-November 2022. VTL flights from Phuket, Clark, Manila, and Perth to Singapore will also increase the nu.....

US stocks edge lower again on war fears; ROKU, DKNG fall sharply

February 18, 2022 03:43 PM PST| By Versha Jain

Benchmark US indices closed the session lower for the second-consecutive day on Friday, February 18, amid Ukraine border tension and weak forecasts by companies. The S&P 500 declined 0.72% to 4,348.87. The Dow Jones fell 0.68% to 34,079.18. The...

Is HyperVerse (HVT) crypto a Ponzi scam?

February 19, 2022 08:12 AM AEDT| By Rupam Roy

Highlights HyperVerse (HVT) has a circulating supply of 18 million. HVT reached an all-time high of US$7.74 in January 2022. Binance said the HVT token is not listed on its platform for trading or any service. The crypto market is witness.....

BYD to launch first electric SUV Atto 3 in Australia

February 18, 2022 09:14 PM AEDT| By Bhawna Gupta

Highlights Last year in Feb, BYD had informed that it was planning to build electric utes in Australia. Following this, the Chinese manufacturer BYD is all set to roll out its first electric vehicle in Australia on Saturday night. A .....

One out of five Australians left their jobs last year: NAB

February 18, 2022 05:48 PM AEDT| By Priyanka Payal

Highlights NAB study reveals that one among five Aussies have changed jobs in the last 12 months. The research says that job turnover was highest for general unskilled workers, followed by labourers and other IT and technology workers. S.....

What did Charlie Munger say on cryptocurrencies? 5 things to know

February 18, 2022 01:36 AM AEDT| By Rupam Roy

While the cryptocurrency market has many supporters, a few loathed it. Its opponents see many drawbacks in cryptocurrencies, including persistent volatility, and wish they are banned. One such opponent is the billionaire investor and Berkshire Hath.....