News
4 rising TSXV stars to buy under C$ 10
June 22, 2021 11:55 PM AEST| By Raza NaqviWhen it comes to investing money in the equity market, some investors choose to invest in large- and mid-cap stocks in the hopes of rapidly growing their capital. Others, however, often seek out small-cap companies that show growth potential and can...
Krafton’s $5bn IPO: PUBG owner on course to become a billionaire?
June 22, 2021 08:09 PM AEST| By Shreya BiswasKrafton Inc, the holding company behind popular video games such as PlayerUnknown's Battlegrounds (PUBG), is all set to go public in what could be the largest offering South Korea has ever seen. If and when that happens, it could push Krafton founde...
COVID-19 a tailwind for pet care: What does the future hold?
June 22, 2021 06:36 PM AEST| By Tripti JoshiSummary With pet owners spending more time with their pets, the animal health industry has witnessed a significant boost over the past 12 months. Amid the COVID-19 pandemic, pet therapy has become a popular medicine for humans. Several advance.....
What’s the link between ByteDance and TikTok?
June 22, 2021 04:37 PM AEST| By Tripti JoshiByteDance, the most valuable start-up in the world, is the developer of social networking services and video-sharing apps such as TikTok and Douyin. Douyin is the Chinese-specific counterpart to TikTok. ByteDance was founded by Zhang Yiming in Marc.....
Rritual Superfoods widens its US presence with The Good Trends listing
June 22, 2021 02:52 PM AEST| By Team Kalkine MediaSummary Rritual Superfoods has announced that its products are now listed on a US-based leading specialty food marketplace, The Good Trends. The B2B wholesale marketplace will promote the Rritual brand across local healthy specialty food retail.....
Bitcoin in a freefall as China doubles down on crypto crackdown
June 22, 2021 11:52 AM AEST| By Furquan MoharkanBitcoin, Ethereum and Ripple coins - largest cryptocurrencies by market capitalisation. The price of the world’s largest cryptocurrency – Bitcoin – has now crashed more than 10% in the last 24 hours as China further tightened...
What are battery metals? Why is their demand growing?
June 22, 2021 11:47 AM AEST| By Team Kalkine MediaSummary The fastest-growing storage technology, batteries play a vital role in the low-carbon transition. The demand for battery metals such as lithium, nickel and cobalt has surged amid soaring demand for electric vehicles. These metals are u.....
Which are the top cryptocurrency stocks to explore in the US?
June 22, 2021 08:27 AM AEST| By Kiran MuraliCryptocurrencies have been gaining popularity recently, and their trading exploded this year. While countries like China are clamping down on cryptocurrency transactions, financial service companies and exchanges seem to prepare for future crypto tra...
Rebound in energy, industrial stocks lift Wall Street
June 22, 2021 07:59 AM AEST| By Sanjeeb BaruahBenchmark US indices closed higher on Monday, June 21, after the Dow Jones Industrial Average jumped 580 points as energy and industrial stocks rallied sharply amid a strong economic rebound. The S&P 500 was up 1.40% to 4,224.79. The Dow Jones r...
TSX rises on energy gains, Canadian Natural Resources most active stock
June 22, 2021 07:30 AM AEST| By Team Kalkine MediaThe key composite index of Canadian equity markets inched higher on the back of energy, metal and healthcare stocks on Monday, June 21. At the close, the S&P/TSX Composite settled at 20,156.36, up 0.78 per cent. However, the junior benchmark inde...
Amazon (NASDAQ: AMZN) Prime Day sale kicks off; 2 mn deals on offer
June 22, 2021 04:09 AM AEST| By Team Kalkine MediaSummary Two-day Amazon Prime Day sale has 2 million products on offer across 20 countries. In 2020, Amazon’s Prime Day sales were up 45.2% to US$104 billion from the previous year. Macy’s, Kohl’s, Walmart, Bed, Bath & Bey.....
China intensifies crackdown on crypto mining industry
June 22, 2021 03:02 AM AEST| By Team Kalkine MediaChina has intensified a crackdown on the crypto mining industry over the weekend, renewing calls to national banks and private payment platforms such as Alipay not to offer their services to cryptocurrency exchanges and miners. The Chinese authori.....
Bitfarms (BITF) debuting on Nasdaq. A crypto stock to buy?
June 21, 2021 10:51 PM AEST| By Shreya BiswasCanadian cryptocurrency mining firm Bitfarms Ltd (TSXV:BITF) is all set to begin trading on US-based Nasdaq stock exchange, starting Monday, June 21. The crypto stock is already listed on the Toronto Stock Exchange Venture (TSXV), and will be debuti...
Is WELL Health (TSX:WELL) heading for a Nasdaq listing?
June 21, 2021 08:41 PM AEST| By Shreya BiswasWith the rising acceptance of telehealth services amid COVID-triggered lockdowns, digital health stocks have noted quite a spike in popularity as well. Among them, Vancouver-based online healthcare provider WELL Health Technologies (TSX:WELL) has bee...
What is copper and what is its strategic importance?
June 21, 2021 06:47 PM AEST| By Team Kalkine MediaSummary Copper or the red metal has wide applicability ranging from industrial uses to human health. The copper prices reached an all-time high of US$4.90 per pound in May 2021. Chile accounts for the largest copper production. CODELCO is the.....
What is all the brouhaha about the Amazon Prime Day?
June 21, 2021 05:03 PM AEST| By Furquan MoharkanShopping is one thing that almost everyone loves – that is when you have the purchasing power to buy things. You get to buy the things you have always wished for. It sparks a sense of instant gratification, elevating your dopamine levels. Howe...
This IPO raised over $29 billion, plus other biggest global IPOs of all time
June 21, 2021 03:00 PM AEST| By SonalThe first thing that is needed to start a business is money or capital due to higher costs and inconsistent revenues initially. People can get money by putting in their own capital, raising capital by getting investors or by getting loans from banks....
Massive sell-off in APAC shares; Japanese & Australian markets in deep red
June 21, 2021 01:55 PM AEST| By Furquan MoharkanThe equity markets in Asia-Pacific (APAC) region witnessed a heavy sell-off on Monday as the Federal Reserve’s hawkish stance on monetary policy continued to weigh heavily on the markets. Japan was the worst performer in the region with the Ni...
What exactly does Federal Reserve do?
June 21, 2021 01:17 PM AEST| By Furquan MoharkanA country’s economy can be compared to a chariot driven by two different horses - the government and the central bank. While the government is involved in giving broader push to economy, the central bank takes the responsibility (which may, at...
Rritual Superfoods amplifies its customer reach in the US with Vitacost.com listing
June 21, 2021 12:59 PM AEST| By Team Kalkine MediaBuilding on the recent US market expansion, Rritual Superfoods Inc (RSF:CSE) is thrilled to announce that the Company has entered into an agreement with Vitacost.com, a prominent American online retailer of health and wellness products. Owned by T.....