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Gina Rinehart's fortune shines, while Roy Hill makes $4.4B profit
November 19, 2021 05:07 AM EST| By Aditi SahaHighlights Rinehart's Roy Hill made a record $4.4 billion profit as commodity prices and exports soared. Rinehart's journey was not easy, as she was burdened by massive debt, but she eventually emerged from it. Within five years, she has .....
Australia, take a deep breath. Busiest auction week is here!
November 19, 2021 02:20 AM EST| By Aditi SahaHighlights The busiest auction week of the year is approaching Sydney. Over a thousand homeowners are looking forward to selling their homes. Since early October, when restrictions were loosened, auction volumes have soared by 91.1%. .....
Will Victoria come back to life with COVID-19 restrictions ease?
November 19, 2021 01:48 AM EST| By Sukriti NairHighlights Victoria to hit 90% double vaccination milestone for above 12 on the weekend. Wide-ranging easing of COVID-19 restrictions across Victoria. Masks no longer a regulation in most settings. Life in Victoria is likely to come.....
Does Coinbase co-founder's unveiling of US$2.5 billion funds indicate an industry boom?
November 19, 2021 12:19 AM EST| By Jasmine AnandCrypto fever continuous to rise among its admirers. In fact, with the current wave of investor interest, jaw-dropping fundraises in the cryptocurrency market are the in thing. Source: Copyright © 2021 Kalkine Media One such move has been .....
US markets close mixed after jobs data
November 18, 2021 02:45 PM PST| By Versha JainBenchmark US stock indices closed mixed on Thursday, November 19, after the latest government data showed jobless claims and layoffs declined last week, showing signs of an economic recovery. The S&P 500 increased 0.34% to 4,704.54. The Dow Jone...
Decoding the premise of the Great Resignation!
November 18, 2021 02:12 AM EST| By Toshiva JainHighlights The global economy has entered another dark hour, especially the USA and the European nations- “the Great Resignation”. The trend began after April this year, and it picked up steam in August. Following the US, a s.....
What is CoinMarketCap Earn?
November 18, 2021 12:10 AM EST| By Jasmine AnandHighlights As the leading global source providing price and related information regarding cryptocurrencies, CoinMarketCap has launched an educational programme. Known as ‘CoinMarketCap Earn’, users can earn crypto rewards by success.....
US stocks retreat after lacklustre session
November 17, 2021 02:00 PM PST| By Versha JainThe benchmark US indices closed in the red on Wednesday, November 17, after most stock segments declined in a lacklustre session. The S&P 500 declined 0.26% to 4,688.67. The Dow Jones fell 0.58% to 35,931.05. The NASDAQ Composite was down...
Women use telehealth services more than men: ABS
November 17, 2021 03:09 AM EST| By Priyanka PayalHighlights The 2020-21 Patient Experience Survey reveals that females were more likely to use telehealth services than males. The ABS revelations which came today state that, those with a long-term health condition (40.1%) were more likel.....
Why does Ukraine want to be the world’s crypto capital?
November 17, 2021 02:06 AM EST| By Jasmine AnandUkraine, which is one of the poorest nations across Europe, has witnessed many financial scandals within its shores. It now aims at economic revival and wants to transform itself to be a newfound destination for international money and hence, is be.....
Watch out for Amazon’s first robotics warehouse in Australia
November 17, 2021 01:54 AM EST| By Priyanka PayalHighlights Amazon is all set to open Southern Hemisphere’s first Amazon Robotics fulfilment Centre (FC) in Western Sydney early next year. The Company believes that the Robotics site will generate 1,500 jobs for the local people. .....
Next Evergrande in the making? China’s HSR is in trouble
November 17, 2021 12:19 AM EST| By Kiara KhannaFirst, it was Coronavirus, then came the Evergrande shock. It seems China is brewing a new trouble story every day. China’s first high-speed rail (HSR) service, which commenced in the year 2009, seems to have entered a debt trap. China’s...
Why to explore TRON in 2021?
November 16, 2021 01:31 AM EST| By Jasmine AnandWith growing admiration for cryptocurrencies, tech-savvy investors are heavily investing in the crypto market. While the world's largest and the most popular cryptocurrency, Bitcoin, is valued at around US$62,000, beginners and new entrants to the.....
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US stocks close flat ahead of big retail earnings
November 15, 2021 01:54 PM PST| By Versha JainBenchmark US indices closed flat on Monday, Nov 15, ahead of big retail earnings this week and a positive global economic outlook increasing the bullish influence on the market. The S&P 500 closed flat at 4,682.80. The Dow Jones fell 0.04% to 36...
Can Elon Musk’s Sanders tweet land him in trouble?
November 15, 2021 05:37 AM EST| By Ankit SethiElon Musk has never been a man who minces his words. Seasoned investor Warren Buffett has time and again trashed blockchain-based digital currencies, but Musk, aided a little by Twitter’s Jack Dorsey, has never held back his sentiments. Musk .....
What is the ideology behind the Transhuman Coin?
November 15, 2021 01:05 AM EST| By Jasmine AnandThe cryptocurrency market is evolving every day, with new coins including distinct features being created every now and then. One such coin with an innovative ideology that has recently been launched by Dr Charles Awuzie and Peter Xing, is Transhu.....
A look at India’s biggest-ever IPO with ~US$2.5 billion target
November 14, 2021 02:23 AM EST| By Mohammad ZaidFintechs across the globe have been at the forefront during COVID-19, benefitting significantly from the boost to contactless payments. The current year has also been a record year for share listings across various financial markets. GOOD RE.....
Crude oil reports third weekly decline after a week of volatility
November 14, 2021 01:18 AM EST| By Mohammad ZaidCrude oil prices decline Oil prices have surprised greatly in the past and reported a third weekly drop on Friday after a week full of volatility. On Friday, the fall in oil price wiped out gains from the earlier session on the back of worries th.....
Nations conclude climate agreement after last-minute compromise on fossil fuels
November 13, 2021 11:43 PM EST| By Mohammad ZaidGovernments from nearly 200 countries had participated in the COP26 summit held in Glasgow. Various delegates at the summit had struggled to resolve significant points, including phasing out coal, fossil fuel subsidies and financial help to low-inc.....
UN: Food prices hit a 10-year high record
November 13, 2021 08:13 AM EST| By Toshiva JainHighlights Food prices have been increasing globally for the last three months. Additionally, agriculture food prices have increased significantly in 2021. Fluctuations in international food prices are caused by the interconnected changes happ.....
