World news
What do we mean by medical billing and coding?
August 03, 2021 10:03 PM EDT| By Tripti JoshiSummary Medical billing and coding help healthcare facilities manage insurance claims, invoices, and payments. In medical coding, the billable information is extracted from clinical documentation, and medical billing uses those codes to generat.....
US markets edge higher on earnings optimism
August 03, 2021 05:46 PM EDT| By Sanjeeb BaruahBenchmark US indices closed higher on Tuesday, August 3, boosted by gains in healthcare and technology stocks and optimism about strong quarterly earnings of blue-chip companies. The S&P 500 was up 0.82% to 4,423.15. The Dow Jones gained 0.80% t...
Australia’s biggest buyout: What you need to know about Square-Afterpay takeover deal
August 03, 2021 01:49 AM EDT| By Furquan MoharkanCalifornia-based financial services and digital payments company Square Inc (NYSE:SQ) has announced its acquisition of Australian Fintech major Afterpay Ltd (ASX:APT). With the transaction valued at US$29 billion (AU$39 billion), this is the biggest...
APAC markets open mixed ahead of RBA decision
August 02, 2021 09:34 PM EDT| By Furquan MoharkanThe 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...
US markets end flat; consumer, healthcare stocks gain
August 02, 2021 05:46 PM EDT| By Sanjeeb BaruahBenchmark US indices closed flat on Monday, August 2, as investors started trading in the new month with a subdued note amid concerns over rising cases of covid infections from delta mutant. The S&P 500 was down 0.18% to 4,387.16. The Dow Jones...
The burgeoning fame of "buy now, pay later" entices a US$29 billion deal between Square and Afterpay
August 02, 2021 08:09 AM EDT| By Team Kalkine MediaSummary In a US$29 billion agreement, Square will purchase Australia's Afterpay. Square and Afterpay had inked a Scheme Implementation Deed following the requirements of a court-approved Scheme of Arrangement. Afterpay will accelerate Square's.....
Why to keep an eye on the 6 global stocks in 2021?
August 02, 2021 02:22 AM EDT| By ManikaInvestors today prefer to build their portfolio by diversifying their risks. There are several opportunities for investing in stocks of other countries these days. Gone are the days when it was unthinkable to invest in stocks of foreign companies s.....
APAC markets in green; US ups the ante on Chinese firms’ IPOs
August 02, 2021 12:53 AM EDT| By Furquan MoharkanSummary Japan leads the APAC rally. ASX200 touches a new record level. Afterpay shares surge 19% after the acquisition announcement. The equity markets across the Asia Pacific region seemed to move past the gloom of last week, as they tra.....
A week when central banks meet
August 01, 2021 10:58 PM EDT| By Furquan MoharkanIf the economy and the financial system were a ship, the captain of that ship would be the central bank of that economy. That conveys the importance of central banks across economies. While central banks may not be hogging as much limelight as govern...
Climate pledges to the UN: India, China miss deadline, smaller nations submit ambitious plans
August 01, 2021 05:06 AM EDT| By Kamalika GhoshSummary China and India failed to comply with the UN deadline on submitting fresh pledges for reducing greenhouse emissions. A smaller group of nations submitted more ambitious pledges, which directly mounted considerable pressure on larg.....
What is nanotechnology and where can it be applied?
July 31, 2021 10:54 AM EDT| By Team Kalkine MediaNanotechnology, which grew considerably during the period 1960-1990, is expected to hit US$70 billion in the next five years, according to a recent study by Global Industry Analysts Inc. Nanotechnology is essentially the study of minute particles,.....
What is mindful eating and why is it important?
July 31, 2021 10:13 AM EDT| By Team Kalkine MediaSummary Mindful eating is about being aware of what we eat, how we eat and how much we eat. Mindful eating can benefit you in many ways, from weight control to kindling positive feelings in you. Binge eating, stress eating, and eating for crav.....
US stock indices slip into red amid mixed cues
July 30, 2021 05:17 PM EDT| By Sanjeeb BaruahBenchmark US indices slipped into the red on Friday, July 30, dragged down by losses in most sectors and closing the trading week on a subdued note. The S&P 500 fell 0.54% to 4,395.26. The Dow Jones declined 0.42% to 34,935.47. The NASDAQ Compos...
Big Tech: How did these five companies worth US$9.25 trillion fare in June quarter?
July 30, 2021 10:20 AM EDT| By Furquan MoharkanThe last week of July has been a momentous one, with the most valued companies in the US disclosing their quarterly earnings report. All the big tech companies announced their quarterly results this week – some did better than expected, others...
How hard has COVID-19 hit the commercial value of Tokyo Olympics?
July 30, 2021 10:10 AM EDT| By Team Kalkine MediaSummary Tokyo Olympics is being held under a state of emergency with no spectators to prevent it from becoming a super spreader event. The COVID-19 pandemic has badly hit the commercial value of the event and impaired trade flows at domes.....
What does Credit Suisse investigation into Archegos fiasco reveal?
July 30, 2021 10:07 AM EDT| By Furquan MoharkanAn external investigation into the dealings of Credit Suisse with the collapsed US hedge fund manager Archegos Capital has revealed that the Swiss banking major had failed “to effectively manage risk.” The investigation, which was led by...
What is net neutrality? Here’s what you need to know
July 30, 2021 10:05 AM EDT| By Sonal SinhaSummary In net neutrality, data available on the internet are treated equally by the internet service providers, businesses, and government. In its absence, internet service providers can prevent users from visiting specific websites by s.....
Chinese tech stocks drag APAC markets back in red
July 30, 2021 01:01 AM EDT| By Furquan MoharkanThe equity markets across the Asia Pacific region were trading in the red on Friday, as shares of the Chinese technology companies in Hong Kong were battered yet again. The Hang Seng Index of Hong Kong was down 1.96%. Most stocks that had rebounded...
US stocks advance on GDP data, economy outlook
July 29, 2021 05:50 PM EDT| By Sanjeeb BaruahBenchmark US indices closed higher on Thursday, July 29, after the latest government data showed that the GDP grew marginally from the pre-pandemic peak of 2019 in the second quarter. The S&P 500 was up 0.42% to 4,419.15. The Dow Jones rose 0.44...
APAC markets in green as Hong Kong shares snap losing streak
July 29, 2021 02:18 AM EDT| By Furquan MoharkanHaving been battered earlier this week, Hong Kong stocks rebounded today after a comforting statement from the Chinese market regulator. Meanwhile, equity markets in Asia-Pacific also rose after the US Federal Reserve left its benchmark interest rate...