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US benchmarks end week in green as tech stocks rise
July 23, 2021 04:41 PM EDT| By Sanjeeb BaruahAll major US stock markets closed the week on a positive note on Friday, July 23, as the mega-cap technology and consumer stocks rallied, lifting the S&P 500 and NASDAQ Composite to record closes. The S&P 500 was up 1.01% to 4,411.79. The Do...
What is bond market telling us about inflation?
July 23, 2021 10:53 AM EDT| By Furquan MoharkanA month back, fears over growing inflation gripped the financial system across the globe. The global economy seemed overheated. The global central banks were caught in a dilemma: economies had just crawled out of recession and needed some support; i...
What is a virtual private network? How does it work?
July 23, 2021 10:41 AM EDT| By Sonal SinhaSummary A virtual private network (VPN) is an encrypted connection over the internet from a device to the network. A VPN helps to determine the way data would be routed via a connection. A virtual private network operates on the network .....
What is vertical farming?
July 23, 2021 10:16 AM EDT| By Sonal SinhaSummary Vertical farming is a farming technique in which plants and crops are grown indoors in vertically stacked layers and under an artificially controlled environment. Hydroponics, aquaponics, and aeroponics are three techniques of vertical .....
Pegasus ‘snoopgate’ scandal: What we know so far
July 23, 2021 06:57 AM EDT| By Ankit SethiPegagus, highly sophisticated spy software developed by Israel-based cyber intelligence company NSO Group, can infiltrate even the most secure systems. Allegedly used as a surveillance tool by both state and non-state actors, the software has captu.....
Which are the most valuable companies in China?
July 23, 2021 12:52 AM EDT| By Furquan MoharkanHate me or love me, but you can’t ignore me: this is the statement that China might be humming to the world right now. Over the years, especially since the turn of the millennium, has grown at an unbelievable rate. By 2020, China had cemented...
Is India’s central bank set to roll out its own digital currency?
July 22, 2021 10:44 PM EDT| By Furquan MoharkanIndia – the world’s most populous country and a start-up hub – is likely to start its official central bank-backed digital currency (CBDC) soon. “RBI is currently working towards a phased implementation strategy and examining...
US stocks end flat after spike in jobless benefits claims
July 22, 2021 05:34 PM EDT| By Sanjeeb BaruahUS stocks closed flat on Thursday, July 22, after two consecutive sessions of solid gains as investors weighed a sudden spike in unemployment benefits claims and threats from Covid’s Delta mutant. The S&P 500 was up 0.20% to 4,367.48. The...
What does Biden administration’s latest move on cryptocurrency mean for investors?
July 21, 2021 11:41 PM EDT| By Furquan MoharkanThere have long been concerns surrounding the underground economy supported by cryptocurrencies. Few years back, the global drug trafficking was also alleged to be supported by digital currencies. With more and more formalisation of cryptocurrencies,...
What is brewing in the APAC markets?
July 21, 2021 10:51 PM EDT| By Furquan MoharkanIt has been a mixed week for the Asia Pacific (APAC) equity markets – at least till now. While the key benchmarks across the region tanked in the beginning of the week, they recovered most of the losses in Wednesday’s rally. The trigger...
Worried about COVID-19? Here’s what you can do to stave off the virus
July 21, 2021 09:33 PM EDT| By Furquan MoharkanIn May, when India hit the second wave peak, the world hoped that the virus might have been gone for good. But the tenacious virus seems to have another plan. The virus can beat any mobile phone maker fair and square, when it comes to upgrades. The v...
US stocks surge on robust earnings reports
July 21, 2021 05:47 PM EDT| By Sanjeeb BaruahBenchmark US indices closed higher on Wednesday, July 21, continuing their gains from the previous session as positive quarterly earnings reports lifted the investors' sentiments. The S&P 500 was up 0.82% to 4,358.69. The Dow Jones gained 0.83%...
How Bitcoin went from offering 122% YTD return to being an underperformer
July 21, 2021 12:03 AM EDT| By Furquan MoharkanBitcoin, Ethereum and Ripple coins - largest cryptocurrencies by market capitalisation In April 2021, when the world’s largest cryptocurrency – Bitcoin – touched the US$64,000 mark, it enthralled its investors with a whopping year-...
APAC markets bounce back in green on Wall Street rebound
July 20, 2021 10:03 PM EDT| By Furquan MoharkanSummary APAC markets have made a strong comeback. Australia, Japan are among the region’s star performers. Chinese shares remain flat. The equity markets in the Asia Pacific region rebounded on Wednesday after a day of huge losses y.....
COVID-19 fears continue to loom large on Tokyo Olympics
July 20, 2021 09:09 PM EDT| By Furquan MoharkanThe fears about a resurgence of the COVID-19 pandemic are still weighing heavy on Olympics 2020, as officials didn’t rule out the eleventh-hour cancellation. More and more athletes have started testing positive for the virus, and sponsors have...
US market rebounds, closes higher
July 20, 2021 05:58 PM EDT| By Team Kalkine MediaBenchmark US indices snapped Monday’s losses to close higher on Tuesday, July 20. Wall Street had witnessed a broad selloff yesterday amid concerns about the increasing coronavirus cases. However, investors today rushed to buy more shares from...
‘Best day ever’, says Jeff Bezos on Blue Origin spaceflight launch
July 20, 2021 12:40 PM EDT| By Sanjeeb BaruahA glorious new chapter was added to the international commercial space tourism program on Tuesday. In 10 minutes and 10 seconds, Amazon founder Jeff Bezos along with a three-member crew, successfully reached space and landed back on Earth. In thes.....
Britain’s complete unlock a calculated risk or a wild blunder?
July 20, 2021 02:22 AM EDT| By Team Kalkine MediaSummary The UK government has announced easing of almost all COVID-19 restrictions. Experts have sounded alarm on Britain’s unlock strategy, calling it a threat to the world and a potential ground for the emergence of COVID-19 variants th.....
Take a look at top 10 global renewable energy stocks
July 20, 2021 01:56 AM EDT| By ManikaGreen energy has been a hot topic for some years now. With companies pumping in trillions of dollars the potential for growth in clean energy stocks in huge. However, so far, the green energy stocks haven't always performed very well. Even w.....
APAC markets in red as Wall Street sees steepest decline in nine months
July 19, 2021 11:01 PM EDT| By Furquan MoharkanSummary APAC follows Wall Street into losses Hong Kong Markets worst hit India markets likely to open on positive note The ripples of Wall Street crash overnight in US were felt in the Asia Pacific region on the Tuesday morning, as the ma.....
