World news
Digitalisation to push mobile payments to double-digit growth by 2028
September 11, 2021 11:55 PM EDT| By Sonal SinhaMany industries have taken the front-row lead during the COVID-19 pandemic. One of the industries that indeed received a kick during the pandemic was the mobile payment industry. With lockdown and restrictions, people chose the mobile payment syste.....
9/11 repercussions continue to reflect 20 years on
September 10, 2021 10:10 AM EDT| By Furquan MoharkanIt was around 7 pm Indian Standard Time on a September Tuesday evening, 20 years back. I was a kid back then. My father came into the living room and switched on the television in a hushed and worried way. I wondered why! As soon as the TV switched...
Why Psychological distress matters for Australia?
September 10, 2021 10:00 AM EDT| By Tripti JoshiHighlights Mental health is affected by various socioeconomic considerations and affects the individual and the people around them. The Australian government is focusing on the two key priorities- mental health and suicide prevention. In.....
China lobbies Australia for support to join CPTPP despite row
September 10, 2021 07:35 AM EDT| By Team Kalkine MediaHighlights China is lobbying the Australian Government for help to join Trade Pact despite worsening geopolitical issues. The Chinese embassy highlighted that China is Australia’s largest trading partner. The call for support came .....
Amazon smart TV sets to go on sale in October
September 10, 2021 04:49 AM EDT| By Team Kalkine MediaOne of the most customer-centric companies, Amazon has evidently fuelled users’ relationship with the virtual world with its collection of smart products. Its wide range of tech-appointed smart home devices and systems, such as Smart Desk, Sm.....
APAC markets see a muted week; China emerges as outperformer
September 10, 2021 04:45 AM EDT| By Furquan MoharkanHighlights China, Japan markets have outperformed other markets. COVID-19 continues to weigh heavy on Aussie equities. The KOSPI has been the worst performer in the region. In a muted week for the Asia Pacific equities, Chinese shar.....
COVID-19: A week that wreaked havoc in Australia
September 10, 2021 03:36 AM EDT| By Furquan MoharkanHighlights The country saw 32% jump in the weekly cases. Thursday witnessed the highest number of cases reported by the country since the pandemic’s onset. Almost two-thirds of the country have now been vaccinated – at least with o.....
What took Elon Musk a step closer to supervillain status?
September 10, 2021 03:03 AM EDT| By Team Kalkine MediaTesla Inc (NASDAQ:TSLA) has been granted a new patent right that can drastically change the previous way of cleaning off debris and water from the windshield. The electric car has introduced a new laser beam technology that not only cleans windshie.....
Joe Biden moves to vaccinate millions, as his ‘patience wears thin’
September 09, 2021 10:54 PM EDT| By Furquan MoharkanCovid-19 vaccine jab administered by a doctor Highlights US President passes executive orders on vaccinating federal workers Biden says his patience is wearing thin with the unvaccinated. Meanwhile, a study hints that COVID-19 may have origin...
US stocks retreat after jobless claims data
September 09, 2021 03:10 PM PDT| By Sanjeeb BaruahBenchmark US indices closed in red on Thursday, September 9, after the latest labor data showed the number of jobless benefits claims dropped to the lowest level in 18 months. The S&P 500 was down 0.46% to 4,493.28. The Dow Jones fell 0.43% to 3...
Lockdown to end soon? NSW inching closer to 70% vaccination milestone
September 09, 2021 04:35 AM EDT| By Furquan MoharkanHighlights NSW will start reopening the state after three months of COVID-19 lockdown. Australia is set to start vaccine passport services within weeks. Airline stocks continue to be battered. Australia’s most populous provinc.....
Doha negotiators sidelined in new Taliban regime
September 08, 2021 08:12 PM EDT| By Furquan MoharkanHighlights Mullah Hassan Akhund has been appointed as Afghanistan’s Prime Minister. Mullah Baradar – a comrade of Mullah Omar – has been appointed as his deputy. India fears Pakistan hand in Taliban’s government formati.....
US markets close in red as delta variant spells trouble
September 08, 2021 03:04 PM PDT| By Sanjeeb BaruahBenchmark US indices retreated on Wednesday, September 8, as the delta variant stalked the country prompting investors to withdraw from growth stocks. The S&P 500 was down 0.13% to 4,514.07. The Dow Jones fell 0.20% to 35,031.07. The NASDAQ Comp...
Employees are resigning in droves: What’s fuelling the Big Quit?
September 08, 2021 03:57 AM EDT| By Furquan MoharkanOne of my favourite mentees, Sonal Gupta (name changed), who has turned out to be a competitive journalist, was recently talking to me about her professional career. She suddenly sprung a surprise, saying she might quit journalism. When I prodded f.....
Asia Pacific: Closed borders, porous markets
September 08, 2021 02:35 AM EDT| By Furquan MoharkanHighlights Other than India and Vietnam, not many equity markets have seen abnormal returns in 2021 Lot of major economies in the region have shut their borders to foreigners. The reopening of borders is still shrouded in ambiguity. The A.....
EI Salvador grabs the spotlight adopting Bitcoin as its official currency
September 07, 2021 08:21 PM EDT| By Team Kalkine MediaHighlights EI Salvador became world’s first country to make Bitcoin its official currency. The country bought 400 bitcoins running ahead of the roll-out, planning to buy a lot more of them. Salvadoran Government launched its wallet app.....
US stocks drift on slow pace of economic recovery
September 07, 2021 03:00 PM PDT| By Sanjeeb BaruahS&P 500 and Dow Jones slipped on Tuesday, September 7, dragged down by fears of a slowdown in economic recovery, while Nasdaq was marginally up after firms like Apple and Facebook saw gains. The S&P 500 was down 0.34% to 4,520.03. The Dow Jo...
After space mission, Jeff Bezos eyes age reversal solutions
September 07, 2021 04:17 AM EDT| By Nidhi GuptaAltos Labs, a startup that works on reversing biological aging, plans to open a Cambridge UK-based research lab. The company is funded by Amazon’s founder Jeff Bezos and has raised about £231 million ($270 million) to develop biological.....
Which are the 5 best AI companies worldwide?
September 07, 2021 02:17 AM EDT| By ManikaArtificial intelligence is simulation of human intelligence by combining several technologies and computer systems. Some of the applications of AI are natural language processing, speech recognition and machine vision. AI will be impacting t.....
Can’t afford Bitcoin? Here are top three cryptocurrencies under US$1
September 06, 2021 10:02 PM EDT| By Furquan MoharkanHighlights While some cryptocurrencies are trading at abnormal prices; some of them are below US$1 The star performer below US$1 has been Dogecoin Some other digital assets below US$1 include USD Coin and Stellar Cryptocurrencies have bee.....