News
US stocks close in a sea of red as tax hike fears grow
September 18, 2021 07:09 AM AEST| By Sanjeeb BaruahUS stocks closed the week in a sea of red on Friday, September 17, after technology shares led the broad losses across segments and tax hike fears dragged the benchmark indices down. The S&P 500 fell 0.91% to 4,432.99. The Dow Jones fell 0.48% t...
How do you become a stock trader in Canada?
September 18, 2021 02:48 AM AEST| By Shreya BiswasStock trading can be a fascinating way to earn money, but it is a path best taken when you are well-versed with the equity market mechanism. When trading in stocks, one must remember that while the primary goal is to make maximum profit from the s.....
Is gold as attractive as Bitcoin?
September 18, 2021 01:01 AM AEST| By Arpit VermaSource: Copyright © 2021 Kalkine Media The euphoria of cryptocurrencies has dimmed the appeal of gold which is traditionally considered as an important asset class for investment. The gold price has grown significantly in the past 20 years an.....
How Covid rent debt crisis will get worse with Universal Credit cut
September 17, 2021 11:15 PM AEST| By Rishika RainaHighlights StepChange debt charity has warned that Universal Credit cut will worsen the £360m Covid rent debt crisis. The research suggested one in every ten renters anticipated eviction from their homes due to their debts within the next.....
A week when APAC markets were in mostly in red
September 17, 2021 09:44 PM AEST| By Furquan MoharkanThe Asia Pacific markets were mostly in red during the week amid regulatory concerns surrounding sectors such as technology and casinos in China and the COVID-19 pandemic in Australia. The Morgan Stanley Capital International (MSCI), which is the .....
Elrond Crypto Experiences Rapid Growth – But Why?
September 17, 2021 06:14 PM AEST| By Daniel Paul JohnsThe price movements of various cryptocurrencies can be mysterious even to the most avid crypto market enthusiasts. Sudden price surges and rapid falls are often unexpectedly, and it’s only after the movement do people rationalise the reasons......
Here’s how AI can help treat COVID-19 patients
September 17, 2021 06:11 PM AEST| By Tripti JoshiHighlights Artificial intelligence and machine learning in healthcare can help in disease prevention, diagnosis, as well as in developing customised treatments. The current COVID-19 pandemic has sparked new research to use artificial inte.....
TSX dips over falling oil prices, loonie down
September 17, 2021 03:30 PM AEST| By Team Kalkine MediaThe TSX Composite Index was down on Friday, September 17, due to falling oil prices resulting in a decline in the energy sector by 1.95%. Additionally, the base metal sector which includes precious metals declined by 2.79% owing to a fall in gold and...
Decoding inflation: What is it and how does it impact economy of a country?
September 17, 2021 01:18 PM AEST| By Furquan MoharkanGovernments across the world bother about mostly two economic indicators – inflation and gross domestic product (GDP). The latter shows the economic might of the country; higher the GDP growth of the country, the better positioned its governmen...
‘Fuming over Australia's submarine deal, France cancels US gala’
September 17, 2021 12:52 PM AEST| By Team Kalkine MediaFrance has moved to cancel the gala to commemorate the “240th Anniversary of the Battle of the Capes,” after Australia abruptly cancelled submarine contract with the European nation and opted for a one with the US. Representative Ima.....
US stocks retreat after mixed economic data
September 17, 2021 07:37 AM AEST| By Sanjeeb BaruahBenchmark US indices drifted lower on Thursday, September 16, after mixed economic data showed that retails sales rose in August, but unemployment benefits claims also increased last week. The S&P 500 fell 0.16% to 4,473.75. The Dow Jones shed 0...
AUKUS: Australia, UK, US join forces to stave off Chinese threat
September 16, 2021 08:15 PM AEST| By Furquan MoharkanHighlights US, UK and Australia have joined hands to thwart the Chinese influence in Indo Pacific The partnership has been named as AUKUS. This follows up Quad – a partnership between US, Australia, Japan and India &ndash.....
Healthcare giants on track to develop COVID-19 booster shot over waning post-vaccine immunity
September 16, 2021 06:50 PM AEST| By Tripti JoshiA COVID-19 booster shot is an additional dose administered after the protection obtained from the original doses starts to drop. The booster or a third dose is meant to help people maintain their immunity level for a longer period. RELATED ARTICLE.....
Looking for an NFT-based business? Here are 10 ideas
September 16, 2021 05:37 PM AEST| By AayushNon-fungible tokens, commonly known as NFTs, have gained phenomenal popularity over the last few months. All this craze has led people to invest tons of money into this revolutionary technology. These tokens are “non-fungible”, which me.....
TSX sinks as metal & energy stocks fall, loonie down
September 16, 2021 03:30 PM AEST| By Team Kalkine MediaThe main Canadian stock index was left depressed on Thursday, September 16, amid the anticipations surrounding the federal election due next week and the US Federal Reserve’s plans of shrinking its stimulus. The index was primarily pulled down...
Top 10 altcoins institutional investors are focusing on
September 16, 2021 02:57 PM AEST| By AshishAltcoins or alternative coins is a term used to describe all cryptocurrencies other than Bitcoin. As alternatives of Bitcoin and traditional fiat money, these cryptocurrencies are known as altcoins. These coins have characteristics similar to Bitco.....
Australia to get nuclear submarines amidst growing tension in South-China Sea
September 16, 2021 02:31 PM AEST| By Priyanka PayalHighlights US President Joe Biden has said that the US will share secret nuclear technology to assist Australia in shifting to nuclear-powered boats. A trilateral partnership was unveiled Wednesday between US, UK and Australia. The new partner.....
Five DeFi coins charting an upward trajectory
September 16, 2021 01:58 PM AEST| By AayushDecentralised finance or more commonly known as DeFi is a technology which essentially aims to recreate the traditional financial system with blockchain based technology. What sets DeFi applications apart is that they can operate without the interf.....
Confused about crypto jargons? Here are 10 basic terms to know
September 16, 2021 11:11 AM AEST| By Furquan MoharkanWith the cryptocurrency mania gripping the world, the digital asset is attracting more and more investors with time. With the increasing investor base, there has to be an increase in investor awareness. While most people have heard of cryptocurrency,...
US stocks gallop ahead after deals, product launches lift sentiments
September 16, 2021 08:14 AM AEST| By Sanjeeb BaruahAll benchmark US indices closed in the green on Wednesday, September 15, after a flurry of deals, acquisitions, buybacks, and product launches of top companies lifted investors’ spirits. The S&P 500 was up 0.85% to 4,480.70. The Dow Jones...