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Why is it important to understand the mechanism of the Internet of Things?
June 18, 2021 10:54 AM EDT| By Mohammad ZaidSummary Internet of Things is a breakthrough technology composed of various layers that facilitate interaction to produce output to enhance productivity. The industry, as well as domestic applications of IoT, have increased significantly over t.....
Global IPO market is on fire; Q1 proceeds surge 529%
June 18, 2021 10:05 AM EDT| By Furquan MoharkanSummary Global IPO proceeds in Q1 surged by a whopping 529%. The total ECM activity picked up by 229%. SPAC deals have helped the cause of equity markets. The equity capital market (ECM) activity in quarter ended March 2021 touched an unp.....
APAC markets a mixed bag; commodity price swings in focus
June 18, 2021 02:59 AM EDT| By Furquan MoharkanThe equity markets in Asia-Pacific (APAC) region were a mixed bag on Friday, as Bank of Japan maintained status quo over the monetary policy and investors tracked moves in the commodities space. In Japan, the Nikkei 225 closed near the flatline at t...
Why are commodity prices rising and what is its impact on inflation?
June 18, 2021 02:15 AM EDT| By Furquan MoharkanThe rise in the prices in any economy gets one and all unnerved – from the government to the masses. Price rises bring down the purchasing power parity of the buyer. Simply put, it makes common man poorer in the real terms – he can now bu...
What is blockchain technology? Why is there an unbelievable hype?
June 17, 2021 11:11 PM EDT| By Furquan MoharkanAs the concept of cryptocurrencies continues to gain traction across the globe, so does the talk around the blockchain technology. For some, especially the not-so-tech-savvy lot, the blockchain technology and cryptocurrency were the same. However, i...
US markets close flat as stocks slip on inflation fears
June 17, 2021 03:24 PM PDT| By Team Kalkine MediaMajor US stock markets closed the session flat on Thursday, June 17, as key segments on the indices saw muted movements a day after the Federal Reserve signalled a rate hike by 2023 to curb prices. The S&P 500 was down 0.04% to 4,221.86. The Dow...
APAC shares in red after Fed signals rate hikes in 2023
June 16, 2021 10:43 PM EDT| By Furquan MoharkanThe equity markets in the Asia Pacific (APAC) region were trading in red on Thursday after the US Federal Reserve signalled at preponing the hike in interest rates to 2023. The move by the Fed has cut short the record run of the benchmark Australi.....
US Federal Reserve shifts its rate hike timeline to 2023
June 16, 2021 09:38 PM EDT| By Furquan MoharkanSummary The US Fed has raised the inflation expectations for this year. The central bank has brought forward the timeline for rate hikes. The Dow30 slipped in the red after the announcement. Raising the estimates for the inflation this ye.....
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US stocks dip on Fed's rate-hike plan for 2023
June 16, 2021 06:10 PM EDT| By Sanjeeb BaruahBenchmark US indices closed lower on Wednesday, June 16, after the Federal Reserve signalled that it might consider increasing the interest rates in 2023 if the inflationary pressures do not ease. The S&P 500 was down 0.54% to 4,223.70. The Dow...
Crude oil rises 44% YTD, stoking up inflationary pressure
June 16, 2021 03:10 AM EDT| By Furquan MoharkanThe prices of brent crude have surged by 44% in the calendar year 2021, which has been adding to the inflationary pressure across the economy. Brent crude oil prices, as on date, stand at US$74.62 a barrel, compared with US$51.8 a barrel on close of...
Is virtual reality the future of eSports?
June 16, 2021 01:06 AM EDT| By Sonal SinhaSummary The eSports industry grew massively in 2020 as gaming became the main source of entertainment for people restricted to their homes during the pandemic. The global digital PC games market is likely to grow at a double-digit CAGR and cros.....
APAC markets mixed as Japan export data misses estimates
June 15, 2021 11:08 PM EDT| By Furquan MoharkanSummary APAC markets mixed ahead of the US Fed’s policy decision announcement. Japan’s export data for May has missed estimates. China is set to release retail sales numbers. The shares across the Asia Pacific (APAC) region we.....
When will COVID-19 be over?
June 15, 2021 10:50 PM EDT| By Furquan MoharkanIn January 2020, I had a bout of cold. As a precautionary measure I wore a mask to the office. It was before COVID-19 became the monster it is known as now. One of my colleagues joked: “do you have Corona?”. That day, the number of globa...
How are medical chatbots transforming patient care?
June 15, 2021 10:27 PM EDT| By Tripti JoshiChatbots are software developed with machine learning (ML) algorithms for stimulating and engaging in a conversation with a user to provide real-time assistance to patients. Chatbots have applications across multiple industries including retail, ba.....
How one gesture by Ronaldo cost Coca Cola US$4 billion
June 15, 2021 10:16 PM EDT| By Furquan MoharkanCristiano Ronaldo of Real Madrid celebrating a goal during a Spanish League match against RCD Espanyol at the Power8 stadium on Maig 17 2015 in Barcelona Spain. Football star Cristiano Ronaldo’s snub to carbonated drink Coca Cola has taken a t...
Wall Street stocks drift on weak retail-sales data
June 15, 2021 05:48 PM EDT| By Sanjeeb BaruahBenchmark US indices edged lower on Tuesday, June 15, in mixed trading after the latest government data showed retail sales fell by 1.3% in May compared to figures in the previous month. The S&P 500 shed 0.20% to 4,246.59. The Dow Jones declined...
APAC markets mixed; ASX 200 rallies to record high
June 15, 2021 01:54 AM EDT| By Furquan MoharkanThe equity markets across the Asia Pacific (APAC) region were a mixed bag on Tuesday, with Australian shares outperforming peers. The Australian benchmark ASX200 was up 1.06% in the day’s trade and trading at its record high levels, as it op.....
Which countries comprise G7? What is its significance?
June 14, 2021 11:59 PM EDT| By Furquan MoharkanThe Group of Seven, popularly known as G7, is a group of seven countries – the US, the UK, Canada, France, Germany, Japan and Italy – the heads of which hold an annual summit to address the issues of mutual concern. As on date, there is a...
Is inflation here to stay? Read what Jamie Dimon of JP Morgan says
June 14, 2021 10:21 PM EDT| By Furquan MoharkanAs nations continue to recover from the COVID-19-induced recession, the highest inflation levels seen across the economies in more than a decade are roiling the markets. In China, which happens to be the world’s second largest economy, factory...
US markets close flat as technology, real estate stocks advance
June 14, 2021 05:52 PM EDT| By Team Kalkine MediaUS stocks closed flat on Monday, June 14, ahead of a crucial meeting of the Federal Reserve in which senior officials are expected to take stock of the current inflationary pressures. The S&P 500 was up 0.18% to 4,255.15. The Dow Jones declined...
