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Why should world worry about Evergrande collapse?
September 21, 2021 12:58 PM AEST| By Furquan MoharkanHighlights Fears of default are looming large for China’s Evergrande Group. The property developer owes US$305 billion in debt across markets. This would be the biggest test for China’s financial system in years. In August of .....
US markets close in red, dragged down by energy, financial stocks
September 21, 2021 07:49 AM AEST| By Sanjeeb BaruahAll benchmark US indices closed in the red on Monday, Sep 20, after energy and financial stocks led broad losses across segments and China’s Evergrande default fears loomed. The S&P 500 fell 1.70% to 4,357.73. The Dow Jones fell 1.78% to 3...
Why has Biden’s approval rating fallen to the lowest?
September 21, 2021 05:00 AM AEST| By Toshiva JainHighlights A recent poll magnified people’s attitude towards Biden’s government. It showed that most people are dissatisfied with Biden’s performance. The poll revealed that around 71% Americans believe that the USA&rsqu.....
Can Evergrande’s great fall in China impact Canadian stock markets?
September 21, 2021 01:49 AM AEST| By Shreya BiswasStock markets around the world felt tremors as Chinese real estate giant Evergrande Group nosedived on Monday, September 20. As China Evergrande Group’s stocks on the Hong Stock Exchange (HKEX) plunged by more than 10 per cent on Monday, the.....
VersaBank eyes Nasdaq IPO. How to buy this Canadian bank's stock?
September 20, 2021 08:07 PM AEST| By Raza NaqviVersaBank, Canada's first financial institution to go fully digital, is planning to list its shares in the US stock market. Established in 1980, VersaBank was founded as a trust company, and it is a chartered bank. At the moment, VersaBank's share.....
Is Cosmos Potentially the Most Important Project in the Crypto Space?
September 20, 2021 07:28 PM AEST| By Daniel Paul JohnsThe world of blockchain technology is an ever-evolving industry, with each newly created project aspiring to address the imperfections of the preceding projects. Ever since Ethereum’s launch, which marked the first smart contract-driven bloc.....
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Canada snap election 2021: How debt & inflation can impact TSX Index
September 20, 2021 07:26 PM AEST| By Ankit SethiThe Canada snap election is just around the corner. The two major political parties are looking to win majority seats in the House. Bloc Quebecois, New Democratic and others hope to increase their hold. Before Canadians step out to cast their vote.....
China-Australia: The present and future
September 20, 2021 07:02 PM AEST| By Furquan MoharkanAustralia has recently decided to buy nuclear submarines from the US, as part of a trilateral pact with the US and the UK – called AUKUS. The trigger: growing military influence of China in Indo-Pacific. How is China militarily growing in Indo...
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How Do I Choose the Correct Cryptocurrency?
September 20, 2021 06:50 PM AEST| By Daniel Paul JohnsSource: © Melpomenem | Megapixl.com While everyone has heard of cryptocurrency at this point, given its meteoric rise in popularity and its penetration into the public consciousness over the last two years, the vast majority of those who ha...
Evergrande executives face “severe punishment” securing early redemptions
September 20, 2021 06:39 PM AEST| By Team Kalkine MediaHighlights Six senior executives of a Chinese property group – Evergrande Real Estate Limited face severe punishment for securing early redemptions. The company owes an estimated US$300 billion to the other suppliers and creditors. Everg.....
Evergrande woes resonate in Wall Street: Dow, S&P futures in red
September 20, 2021 06:23 PM AEST| By Furquan MoharkanHighlights Wall Street options trading in red ahead of the market open US indices have now logged three consecutive weekly losses Evergrande woes weigh heavy in Wall Street US futures were trading in the red on early Monday morning after .....
Has AUKUS caused an irreparable dent in Australia-France relationship?
September 20, 2021 06:21 PM AEST| By Furquan MoharkanHighlights French and other NATO countries are at loggerheads with each other. The French are upset about Aussies unilaterally scrapping the NATO deal This has caused clear fissures in NATO In 2014, they were fighting shoulder to shoulder.....
Inside Australia’s blossoming love affair with cryptocurrencies
September 20, 2021 06:02 PM AEST| By AayushWith cryptocurrencies exploding in popularity, it is becoming evident that these virtual coins are here to stay for a long time. Australia and its native people are not shying away from joining the trend. According to a new research by YouGov, as m.....
What’s behind Hong Kong bloodbath? Evergrande sinks to all-time-low, Hang Seng Property bleeds
September 20, 2021 05:31 PM AEST| By Furquan MoharkanHighlights Evergrande shares have crashed to an all-time low; Hang Seng Index is at 52-week low; and Hang Seng Property Index has sunk to its lowest since the global recession. Other Chinese property stocks are also down by double digits in int.....
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Top 10 NFT games in UK in 2021
September 20, 2021 04:34 PM AEST| By Priya BhandariThe decentralized gaming is one of the trending topics in the crypto space as the world is trying to explore more ways to leverage blockchain technology. Play-to-earn is a new model in decentralized games that allow players to play, own and sell th.....
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TSX down in every sector amid Canada election & Evergrande crisis
September 20, 2021 03:30 PM AEST| By Team Kalkine MediaThe substantial bankruptcy by Chinese property developer Evergrande triggered an economic slowdown on Monday, September 20, across the globe, which is impacting the financial systems. Additionally, the upcoming Fed’s action for pumping stimulus...
Will People Really Buy a Movie Ticket With Cryptocurrency?
September 20, 2021 02:39 PM AEST| By Daniel Paul JohnsCrypto adoption has been a popular theme in the digital currency space and has seen increasing encroachment on behalf of the crypto space into mainstream finance and culture. The last manifestation of this is the decision by popular movie theatre .....
Facebook responds to WSJ’s accusations
September 19, 2021 05:02 PM AEST| By Neha SimpyHighlights Recently, Facebook has reacted to the allegations made by the Wall Street Journal. WSJ’s one of the allegations were on FB owned Instagram affecting mental health. FB’s vice-president of global affairs acknowledged the c.....
Why is France upset over Aukus submarine deal?
September 19, 2021 04:58 PM AEST| By Neha SimpyHighlights Lately, Australia has inked Aukus deal with the US and the UK, providing Australia the technology to develop submarines with nuclear powers. Reacting to the deal France recalled two of the French ambassadors to the US and Australia t.....
Space X’s Inspiration4 alights successfully on Earth after 3-day mission
September 19, 2021 04:56 PM AEST| By Neha SimpyOn Saturday, 18 September, a crew of four individuals made a safe come back to the planet Earth post orbiting in space for 3 days. After landing on Earth, the crew members boarded the helicopter to NASA’s Kennedy Space Center. Source: Copy.....
