News

Bitcoin Rally May Be Over, Warns JPMorgan Chase

Summary Strategists at JPMorgan Chase have cautioned that if Bitcoin’s value does not breach the US$ 60,000-mark soon, it can lose its moment...

Zymergen Raises $500Mn In Upsized IPO: A ‘Biofacturing’ Firm To Watc...

Summary Biotechnology company Zymergen Inc is said to have generated US$ 500 million in proceeds in its upsized initial public offering (IPO) on We...

Crypto Safemoon Dives Leading to Scam Claims

Cryptocurrency Safemoon has plunged today, losing two-thirds of its value in just an hour. The crypto dove from AU$0.000015 to AU$0.000005 on Thursday...

Technical Alert: IBM Successfully Pierces Through its Price Resistan...

Summary International Business Machines Corp (NYSE: IBM) gained 3.90% percent in the last trading session. Post breaking out of a crucial resistan...

BoC’s Record Low Policy Rate Is A Shot In The Arm After Budget Stimu...

Summary Bank of Canada maintains benchmark interest rate at 0.25 per cent. Bank says Canadian and global economy will rebound quickly, with Canada...

Are the Vaccines Working? When will Covid-19 end?

The deadly coronavirus pandemic was first reported from Wuhan, China in December 2019 and spread across the globe leaving economies of the biggest cou...

SOS calls giving way to obits as COVID-19 rips through India

Today morning, I woke up to the devastating news of three fellow journalists passing away – all of them young. The trio fought a long battle wit...

Apple launches new products, fails to impress investors

Summary Apple Inc launched a series of new products including iPad Pro and iMac loaded with upgraded and high-tech features. Preorders can be book...

SPAC IPOs top US$100 billion in 2021

Summary The IPOs through the SPAC route have raised more than US$100 billion annually There has been a huge surge in volume as well However, the...

UiPath Share Price Leaps 23% on NYSE Debut

Summary UiPath shares surged 23% on the New York Stock Exchange debut on Wednesday. The company and its shareholders raised US$1.3 billion in one...

Budget 2021: What’s In It For Corporate Canada?

In the wake of pandemic-induced lockdowns and stressed financials, private investment is under pressure for most companies. But Chrystia Freeland&rsqu...

Tesla car crash sparks off a debate about self-driven car’s safety p...

Summary Elon Musk reacts to the Texas car crash in a tweet. Concerns about self-driven cars’ safety spark. One of the victims identified wa...

Safemoon hurtling to the moon; but is it really safe?

Summary Safemoon was launched three weeks ago and has grown by 2,900% since then. Safemoon is a decentralised finance token, which means that anyo...

What’s powering Dogecoin’s astronomical April rally?

Summary With Dogecoin price hitting an all-time high, fans celebrated 20 April as 'Doge Day'. The meme-based cryptocurrency recorded a new high of...

TSX Rises To 19,143 On Positive Corporate Earnings

Buoyed by positive corporate earnings, upbeat investors sentiments and anticipation of rapid economic recovery, the S&P/TSX Composite index advanc...

Volkswagen Enters EV Space, Set To Unveil ID.4 GTX Model

Summary Volkswagen will soon unveil one of its first performance electric vehicles, ‘4 GTX’. The new model will be sportier in appeara...

3 Lessons To Learn From Chauvin’s Conviction In George Floyd Case

The world watched on Tuesday, April 20, as former Minneapolis police officer Derek Chauvin was convicted of murder and manslaughter in the George Floy...

Canada’s Annual Inflation Rate Spiked To 2.2% In March. Here’s Why

Summary Canada’s Consumer Price Index (CPI) shot up by 2.2 per cent year-over-year (YoY) in March 2021, reported Statistics Canada. This was...

Is A Sharp Dip In Bitcoin A Buy Call?

The world’s largest blockchain-operated token has continued its rollercoaster ride after episodes of high volatility in 2021. Bitcoin was tradin...

How To Invest In Lion Electric Stocks?

Summary Investors’ interest in Lion Electric Company was renewed after reports said that IKEA and its delivery partner Second Closet plans to...