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World news
Global semiconductor shortage may stretch to 2023
September 06, 2021 10:00 PM EDT| By Team Kalkine MediaHighlights The COVID-19 pandemic-induced challenges have badly hit the manufacturing and supply of semiconductor chips in the global market. The worsening global chip shortage is causing harm to the production lines of the global automotive ind.....
Jewish people ring in new year with Rosh Hashanah celebrations
September 06, 2021 04:49 AM EDT| By Team Kalkine MediaHighlights Rosh Hashanah, the Jewish New Year, is a time of annual celebrations for the Jewish people across the globe to embrace the coming year. As per the Jewish culture, the 48-hour-long period must be dedicated for intense retrospection an.....
COVID-19 in Australia: No letup in sight despite continuous lockdowns
September 06, 2021 04:27 AM EDT| By Furquan MoharkanSome of the Australia’s major cities have been under lockdown for almost three straight months now to contain the third wave of the COVID-19 pandemic. Yet, the net result seems to be opposite of what the government aimed for. The epicentre of...
What is Bitcoin mining? Why is it not yet ESG compliant?
September 05, 2021 10:58 PM EDT| By Team Kalkine MediaBitcoin and cryptocurrencies are gaining traction. The global economy has gone through a rough patch over the last one year, which has impacted the Bitcoin mining sector along with cryptocurrency, in general. However, an upward trajectory could be .....
Two decades after 9/11, the wounds are still fresh!
September 05, 2021 10:24 PM EDT| By Team Kalkine MediaHighlights The world abided together to fight terrorism after the horrifying 9/11 terror attacks. After years of struggle to fight and combat terrorism, the Taliban captured Afghanistan once again last month. Be it the Americans or the Afghans.....
Australia’s ASX200 features among APAC top performers over last year
September 05, 2021 10:19 PM EDT| By Furquan MoharkanA stock market ticker shows financial gains and losses Highlights ASX200 is among the top gainers in the APAC region. Vietnam’s VN30 has emerged as the top performer across the globe. Vietnam, India, South Korea, Taiwan have performed b...
COVID-19 pandemic: have we reached endemic stage?
September 04, 2021 10:35 AM EDT| By Tripti JoshiAt the endemic phase, a disease might not always be prevalent with elevated spread levels but may continue there for a longer duration with intermittent rises. On 24 August 2021, the Chief Scientist of the WHO, Dr Soumya Swaminathan, stated that in.....
US stocks end mixed on weak jobs data
September 03, 2021 02:13 PM PDT| By Sanjeeb BaruahBenchmark US indices closed the week mixed on Friday, September 3, after weak jobs data raised uncertainty about the economic recovery. The tech-heavy Nasdaq Composite gained as the weaker-than-expected job data eased fears over Fed’s tapering...
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Japan PM Suga set to resign, Tokyo stock markets at a 30-year high
September 03, 2021 09:39 AM EDT| By Rishika RainaHighlights Japan PM Yoshihide Suga is set to resign amid public dissatisfaction over his handling of Covid-19 and the Olympics. Serving for less than a year, Suga is scheduled to step down on 30 September. Following the news, Japan&rsquo.....
Energy stocks lift US indices higher after OPEC OKs production hike
September 02, 2021 03:06 PM PDT| By Sanjeeb BaruahBenchmark US indices closed higher on Thursday, September 2, pulled up by gains in energy stocks after global oil cartel OPEC decided to go ahead with its planned production increase. The S&P 500 was up 0.28% to 4,536.95. The Dow Jones gained 0....
Five stocks Warren Buffett is still pursuing
September 02, 2021 03:18 AM EDT| By AayushWarren Buffett, 91, is arguably the most successful investor of the 20th century and that’s the reason why Wall Street keeps a close eye on his portfolio. He is one of those few investors whose entry or exit from a stock holding creates a buz.....
APAC markets mixed; ASX200 in red despite positive GDP numbers
September 01, 2021 02:41 AM EDT| By Furquan MoharkanHighlights ASX is trading in the red despite better-than-expected GDP numbers China markets are in the green. Japan is the biggest gainer in the region. Asia Pacific shares were trading mixed on Wednesday, with Australian shares in negati.....
How many jabs of vaccine are needed to protect you from COVID-19?
August 31, 2021 10:56 PM EDT| By Team Kalkine MediaWith 221 countries and territories affected till now, the COVID-19 cases, as on date stand in excess of 218 million – sending the world economy into a wild goose chase. Even though the World Health Organization (WHO) has approved a list of v.....
US stocks slip on consumer confidence data
August 31, 2021 03:08 PM PDT| By Sanjeeb BaruahBenchmark US indices closed lower on Tuesday, August 31, after blue-chip technology stocks retreated amid coronavirus fears and new economic data showed declining consumer confidence. The S&P 500 fell 0.13% to 4,522.68. The Dow Jones shed 0.11%...
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Why are investors eyeing Nasdaq Listed NIU Technologies?
August 31, 2021 04:56 AM EDT| By Team Kalkine MediaHighlights NIU technologies is a China-based electric two-wheeler maker and seller. The company is listed on NASDAQ. The company has reported robust earnings in its second quarter ending 30 June 2021. NASDAQ listed NIU technologies .....
Longest war in US history comes to an end as last US troops exit Afghanistan
August 30, 2021 09:53 PM EDT| By Furquan Moharkanrime accused in 9/11 terror attacks In last days of the war, the US evacuated about 120,000 people out of Afghanistan The US has ended its long-drawn-out war in the Central Asian country of Afghanistan after two decades, as it completed final e...
S&P 500, Nasdaq extend gains on tech boost
August 30, 2021 02:58 PM PDT| By Sanjeeb BaruahBlue-chip S&P 500 and tech-heavy Nasdaq Composite continued their gains on Monday, August 30, from the previous week’s record closes after technology and consumer discretionary stocks rallied. The S&P 500 was up 0.43% to 4,528.79. The...
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.....
COVID-19: NSW records highest ever single-day tally
August 30, 2021 03:02 AM EDT| By Furquan MoharkanHighlights New South Wales has reported the highest number of single day infections. Most cases in the country are locally transmitted. NSW mulls to open up pubs, cafes, and restaurants once 70% of the population is vaccinated. Aust.....
Hurricane Ida lashes Louisiana, natural gas output hit
August 29, 2021 11:13 PM EDT| By Furquan MoharkanHighlights Hurricane Ida made landfall in Louisiana, US on Sunday. Ida is one of the strongest hurricanes in 16 years. The storm has left over half a million people without power. Hurricane Ida made landfall in Louisiana, US, on Sunday as.....
