News
Efficacy of a net-zero target
July 24, 2021 12:36 AM AEST| By Team Kalkine MediaSummary Countries worldwide are proceeding towards net-zero targets by strategising and implementing green policies. The net-zero emission target is significant to keep the global temperature within 1.5 degrees celsius. To detail a successful .....
What is vertical farming?
July 24, 2021 12:16 AM AEST| By Sonal SinhaSummary Vertical farming is a farming technique in which plants and crops are grown indoors in vertically stacked layers and under an artificially controlled environment. Hydroponics, aquaponics, and aeroponics are three techniques of vertical .....
Form Energy IPO: How to invest in this clean stock?
July 23, 2021 11:56 PM AEST| By Raza NaqviSummary Clean tech firm Form Energy, in its latest round of funding, raised about US$ 200 million The energy storage builder saw a significant investment of US$ 25 million from steel producer ArcelorMittal. The innovative technology star.....
Ant Group IPO: Is the fintech firm going public year?
July 23, 2021 10:35 PM AEST| By Raza NaqviSummary Ant Group was supposed to launch the world's largest-ever IPO in November 2020. Affiliated with the Alibaba Group, the fintech company has emerged as the world's leading and profitable financial payment services company. The grou.....
Pegasus ‘snoopgate’ scandal: What we know so far
July 23, 2021 08:57 PM AEST| By Ankit SethiPegagus, highly sophisticated spy software developed by Israel-based cyber intelligence company NSO Group, can infiltrate even the most secure systems. Allegedly used as a surveillance tool by both state and non-state actors, the software has captu.....
Which are the most valuable companies in China?
July 23, 2021 02:52 PM AEST| By Furquan MoharkanHate me or love me, but you can’t ignore me: this is the statement that China might be humming to the world right now. Over the years, especially since the turn of the millennium, has grown at an unbelievable rate. By 2020, China had cemented...
Five exciting cryptocurrencies to look at
July 23, 2021 01:02 PM AEST| By Daniel Paul JohnsCryptocurrency has continued to rise in popularity this year as more and more people try to get in on digital currency's modern gold rush. There are currently over 4,000 cryptocurrencies globally – a far cry from 2009 when the first cryptocu.....
Is India’s central bank set to roll out its own digital currency?
July 23, 2021 12:44 PM AEST| By Furquan MoharkanIndia – the world’s most populous country and a start-up hub – is likely to start its official central bank-backed digital currency (CBDC) soon. “RBI is currently working towards a phased implementation strategy and examining...
US stocks end flat after spike in jobless benefits claims
July 23, 2021 07:34 AM AEST| By Sanjeeb BaruahUS stocks closed flat on Thursday, July 22, after two consecutive sessions of solid gains as investors weighed a sudden spike in unemployment benefits claims and threats from Covid’s Delta mutant. The S&P 500 was up 0.20% to 4,367.48. The...
TSX sinks as healthcare & metals decline, Mullen & CAE top gainers
July 23, 2021 07:30 AM AEST| By Team Kalkine MediaThe main Canadian stock market index sank on Thursday, July 22, under the pressure of declining healthcare, base metals and energy stocks. While the base metal sector dwindled by 0.25% due to falling gold futures, the energy sector plummeted 0.13% e...
7 ESG ETFs to buy for responsible investing
July 23, 2021 03:31 AM AEST| By Ipsita SarkarSummary Exchange-traded funds (ETFs) can help expand your wealth while simultaneously controlling your risk. They can also be a helpful addition for portfolio diversification as they generally include an assortment of stocks. As the preference.....
Lucid Motors (LCID) set to merge with Churchill Capital: Buy call?
July 23, 2021 01:03 AM AEST| By Raza NaqviSummary CCIV shareholders will vote on July 22 to decide whether Lucid Motors should merge with Churchill Capital. Lucid Motors will likely merge with the blank-check company, and its stock will trade on the NYSE. Investors have been waiting f.....
Wealthsimple IPO: Can you buy the trading app's stock?
July 22, 2021 11:16 PM AEST| By Raza NaqviSummary Canada reportedly saw the completion of 88 initial public offerings (IPO) the first half of 2021, which raised C$ 6.92 billion in total gross proceeds. An Ernst & Young (EY) report points that Q2 2021 has been the best performing qu.....
Can you avoid paying taxes on your Bitcoin profits?
July 22, 2021 08:35 PM AEST| By Suhita PoddarSummary Putting resources into bitcoins doesn't mean you are excluded from tax liabilities. In Europe, Bitcoin isn't liable to tax burden except for the UK. The cost of bitcoin has taken off dramatically the last year, allowing finan.....
Core Scientific IPO: How to buy this blockchain firm’s stock?
July 22, 2021 08:32 PM AEST| By Raza NaqviBlockchain firm Core Scientific announced on Wednesday, July 21, that it plans to go public by merging with blank check company Power & Digital Infrastructure Acquisition Corp. (NASDAQ:XPDI). With increasing crackdown on cryptocurrency operati.....
What does Biden administration’s latest move on cryptocurrency mean for investors?
July 22, 2021 01:41 PM AEST| By Furquan MoharkanThere have long been concerns surrounding the underground economy supported by cryptocurrencies. Few years back, the global drug trafficking was also alleged to be supported by digital currencies. With more and more formalisation of cryptocurrencies,...
Does Dash have the upper hand over Bitcoin?
July 22, 2021 01:02 PM AEST| By Jasmine AnandSummary Dash, a derivative of Bitcoin, was introduced with the aim of increasing transactional speed and maintaining privacy. Bitcoin, though the most popular cryptocurrency around the world, has few shortcomings, which were improvised upon by .....
What is brewing in the APAC markets?
July 22, 2021 12:51 PM AEST| By Furquan MoharkanIt has been a mixed week for the Asia Pacific (APAC) equity markets – at least till now. While the key benchmarks across the region tanked in the beginning of the week, they recovered most of the losses in Wednesday’s rally. The trigger...
Worried about COVID-19? Here’s what you can do to stave off the virus
July 22, 2021 11:33 AM AEST| By Furquan MoharkanIn May, when India hit the second wave peak, the world hoped that the virus might have been gone for good. But the tenacious virus seems to have another plan. The virus can beat any mobile phone maker fair and square, when it comes to upgrades. The v...
US stocks surge on robust earnings reports
July 22, 2021 07:47 AM AEST| By Sanjeeb BaruahBenchmark US indices closed higher on Wednesday, July 21, continuing their gains from the previous session as positive quarterly earnings reports lifted the investors' sentiments. The S&P 500 was up 0.82% to 4,358.69. The Dow Jones gained 0.83%...