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How hard has COVID-19 hit the commercial value of Tokyo Olympics?
July 31, 2021 12:10 AM AEST| By Team Kalkine MediaSummary Tokyo Olympics is being held under a state of emergency with no spectators to prevent it from becoming a super spreader event. The COVID-19 pandemic has badly hit the commercial value of the event and impaired trade flows at domes.....
What does Credit Suisse investigation into Archegos fiasco reveal?
July 31, 2021 12:07 AM AEST| By Furquan MoharkanAn external investigation into the dealings of Credit Suisse with the collapsed US hedge fund manager Archegos Capital has revealed that the Swiss banking major had failed “to effectively manage risk.” The investigation, which was led by...
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What is net neutrality? Here’s what you need to know
July 31, 2021 12:05 AM AEST| By Sonal SinhaSummary In net neutrality, data available on the internet are treated equally by the internet service providers, businesses, and government. In its absence, internet service providers can prevent users from visiting specific websites by s.....
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How have the COVID-19 lockdowns affected employment in Australia?
July 31, 2021 12:00 AM AEST| By Daniel Paul JohnsSummary Until the beginning of July, Australia was doing very well in terms of recovery. According to the Australian Bureau of Statistics (ABS), in June 2021, unemployment decreased to 4.9% from 5.1% in the previous month. The recent lock.....
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SAS IPO: When can you buy the analytics firm’s stock?
July 30, 2021 10:55 PM AEST| By Raza NaqviArtificial intelligence software developer and data analytics giant SAS Institute Inc is preparing for a public debut. The North Carolina-based company is looking to go public to attract talented tech enthusiasts by offering stock options to the e.....
Another boost to brand Rritual: RSF to meet top buyers at Kroger Natural & Organic Innovation Summit
July 30, 2021 05:12 PM AEST| By Team Kalkine MediaIn what would help Rritual Superfoods’ (RSF:CSE) directly interact with top buyers, the Company highlighted that it would participate in the Kroger Natural & Organic Innovation Summit. The Kroger Natural & Organic Innovation Summit, .....
Chinese tech stocks drag APAC markets back in red
July 30, 2021 03:01 PM AEST| By Furquan MoharkanThe equity markets across the Asia Pacific region were trading in the red on Friday, as shares of the Chinese technology companies in Hong Kong were battered yet again. The Hang Seng Index of Hong Kong was down 1.96%. Most stocks that had rebounded...
Is Cardano better than Ethereum? What is so good about Cardano?
July 30, 2021 12:40 PM AEST| By SonalInvestors rushed to digital currencies amid times of economic instability created by the pandemic, making 2020 a great year for all digital coins. However, in 2021, several top cryptocurrencies set new highs, indicating even more remarkable growth......
What does the second half of 2021 hold for Ether?
July 30, 2021 11:25 AM AEST| By Daniel Paul JohnsSummary A panel of cryptocurrency experts predicted this week that Ethereum’s price might hit US$4,600 by year-end. This would be nearly double the price as of 29 July 2021, which sits at approximately US$2,319. Coinbase reported Ether ra.....
US stocks advance on GDP data, economy outlook
July 30, 2021 07:50 AM AEST| By Sanjeeb BaruahBenchmark US indices closed higher on Thursday, July 29, after the latest government data showed that the GDP grew marginally from the pre-pandemic peak of 2019 in the second quarter. The S&P 500 was up 0.42% to 4,419.15. The Dow Jones rose 0.44...
Elon Musk inspires a cryptocurrency - What’s there to know about ELONGATE?
July 30, 2021 07:45 AM AEST| By Daniel Paul JohnsSummary Another crypto that started as a joke, ELONGATE, has gained significant popularity of late. As per its website, ELONGATE’s goal is to grow a global movement that goes against traditional financial systems by linking profitab.....
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TSX rises on material & energy sector
July 30, 2021 07:30 AM AEST| By Team Kalkine MediaThe broader Canadian equity index remained in green zone for the third consecutive trading session, gaining 81.38 points or 0.40% to close at 20,311.78. The market was boosted by material and energy sector, which climbed on the back of rising g...
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Riskified IPO: How to buy the anti-fraud firm's stock?
July 29, 2021 11:01 PM AEST| By Raza NaqviSummary Riskified’s IPO is expected to take place at market open on Thursday, July 29. Israel-based Riskified Ltd. is an anti-fraud firm that enables merchants to identify fraudulent customers. Riskified aims to raise US$ 402.5 million a.....
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Bitcoin vs Ethereum: Their journeys so far
July 29, 2021 08:45 PM AEST| By Kamalika GhoshAfter losing almost 53% between April and July, Bitcoin has bounced back by gaining 32% in the past week. Cryptocurrencies are linked to volatility and investors are used to such unnerving moments fall and rise. In the last one year, the cryptocurr.....
What is SafeMoon coin? Is SafeMoon a good cryptocurrency?
July 29, 2021 05:58 PM AEST| By Jasmine AnandOne of the most talked-about cryptocurrencies of recent time is known as SafeMoon. Being launched in March 2021, SafeMoon took inspiration for its slogan (safely to the moon) from the English phrase-to the moon. And, in such a short span of time, i.....
APAC markets in green as Hong Kong shares snap losing streak
July 29, 2021 04:18 PM AEST| By Furquan MoharkanHaving been battered earlier this week, Hong Kong stocks rebounded today after a comforting statement from the Chinese market regulator. Meanwhile, equity markets in Asia-Pacific also rose after the US Federal Reserve left its benchmark interest rate...
What is value-based pricing in healthcare?
July 29, 2021 02:10 PM AEST| By Tripti JoshiSummary Value-based pricing in the healthcare sector can offer patients access to better health services and treatments at a lower cost. In healthcare value-based pricing, the value of relevant drugs, components or services is identified, measu.....
Big Tech crushes earnings estimates: How have their shares reacted?
July 29, 2021 02:06 PM AEST| By Furquan MoharkanThree big tech companies – Apple Inc (NASDAQ:AAPL), Microsoft Corporation (NASDAQ:MSFT), and Alphabet Inc (NASDAQ:GOOG) – with a combined worth of over US$5 trillion, announced their second quarter results on Tuesday. All the three compa...
Bitcoin hits US$40,000; how high can it go in 2021?
July 29, 2021 12:03 PM AEST| By Furquan MoharkanBitcoin, Ethereum and Ripple coins - largest cryptocurrencies by market capitalisation. When the world’s largest cryptocurrency – Bitcoin -- crashed below the US$30,000-mark on 20 July 2021, no one would have thought that it would...
Can Bitcoin again shoot past US$50,000 in 2021?
July 29, 2021 10:15 AM AEST| By AshishThis week is turning out to be an eventful one for the world’s largest cryptocurrency. After the recent sell-off, bitcoin rallied this week and topped US$40,000 for the first time since June. The major catalysts for this surge emerged from th.....
