News
How is virtual reality transforming the healthcare sector?
June 07, 2021 12:19 PM AEST| By Tripti JoshiSummary Virtual reality (VR) in the healthcare sector is in a nascent stage. However, it is gaining popularity as many healthcare organizations have started implementing virtual reality. VR solutions allow both patients and healthcare professio.....
What is PMI and why is it important?
June 07, 2021 11:03 AM AEST| By Furquan MoharkanThe Purchasing Managers’ Index (PMI) has been in news all through the last two weeks. Many countries across the world released their PMI numbers for the month of May – which determined the trend in their stock markets. So, what is PMI?...
Bitcoin As Legal Tender: El Salvador First Nation To Back Cryptocurrency
June 06, 2021 07:02 PM AEST| By Raza NaqviSummary This move could change the course of the crypto industry globally. Cryptocurrencies are not accepted as legal tender and El Salvador's move may set a new benchmark. President Bukele’s political party Nuevas Ideas controls the El .....
Will China’s Crackdown On Bitcoin Mining Start An Exodus?
June 06, 2021 05:48 PM AEST| By Raza NaqviChina is a leader in many aspects, including crypto mining – a process that consumes massive electricity to generate new coins through specialized power-hungry machines known as mining rigs. Based on the study of the University of Cambridge's...
G7 Group Strikes Deal On Taxing Multinationals
June 06, 2021 05:33 PM AEST| By Raza NaqviIn an unprecedented move on Saturday, June 5, the Group of Seven (G7) countries struck a historic deal to overhaul international laws stopping corporate tax avoidance by large multinational companies.Under the new agreement put forward by the Finan.....
Which are the three best-performing stock indices this year?
June 06, 2021 12:36 AM AEST| By Furquan MoharkanThe stock markets across the globe have continued the last year’s bull-run in 2021. Most markets across the globe have seen huge wealth creation for investors, as global liquidity continues to remain high. Many experts are certain that this bul...
How is China progressing towards its sustainable development goals?
June 06, 2021 12:17 AM AEST| By Team Kalkine MediaSummary China is the world’s leading greenhouse gases polluter, as per the World Bank report. The country’s current 5-year plan aims at shifting investment from coal to sustainable technology. China plans to achieve carbon neutrali.....
Wellness During Times of COVID-19
June 05, 2021 02:39 PM AEST| By Team Kalkine MediaA global pandemic is any form is an uninvited guest. And COVID-19 has, by far, overstayed its visit. But since this disease does not seem to be going anywhere anytime soon, people are coming up with different ways to live with it. Fortunately, this...
TSX Ends Above 20,000 For The 1st Time Ever, Denison & Ero Top Movers
June 05, 2021 07:30 AM AEST| By Team Kalkine MediaThe S&P/TSX Composite Index rocketed past the 20,000-mark to close at a historic level of 20,029.19 for the first time ever on Friday, June 4, up 87.80 points or 0.44%. The base metal sector climbed 1.5% as spot gold added 1.1%. The energy secto...
US Markets End Week On High Note As Tech Stocks Roar Back
June 05, 2021 07:29 AM AEST| By Sanjeeb BaruahBenchmark US indices closed the week on a high note on Friday, June 5, as all segments saw broad gains led by bluechip technology stocks and reassuring labor data helped shed investors’ concerns over the recent uncertainties in the markets. Th...
10 Best Junior Green Stocks To Invest in 2021
June 05, 2021 04:15 AM AEST| By Team Kalkine MediaGreen stocks are the market buzzword. With the Canadian government policy aiming to increase the participation of companies in green businesses, these junior stocks are likely to soar soon. We explore the performance of 10 junior TSX Venture Exchange...
Digital Currencies, the Concept of Utility, and Undue Deployment of Resources
June 05, 2021 03:53 AM AEST| By Team Kalkine MediaWhen one walks into a grocery store or a shopping mall, the act of purchasing any good or availing any service is underpinned by its utility or functionality value. Textbooks on finance or economics have pages dedicated to the concept of utility. The...
Is It Smart To Buy Stocks At A Young Age?
June 05, 2021 02:58 AM AEST| By Raza NaqviInvesting in equity markets is not child’s play, but it does not have to be an old man’s game either. In fact, if done carefully and with rigorous research, there is a chance that a smart portfolio can help you grow your investment in the...
The Rise of Vegan Cuisine in North America
June 05, 2021 12:42 AM AEST| By Team Kalkine MediaChange has been the only thing constant since the beginning of the human race. Had there been no change, we would have still been out hunting for food instead of posting pictures of our meals on social media. A significant shift is underway in the w...
Rritual makes deeper inroads in the US with product launch on Rite Aid e-commerce platform
June 04, 2021 06:44 PM AEST| By Team Kalkine MediaSummary Functional superfood company Rritual Superfoods has rolled out its superfood product line at the e-commerce platform of Rite Aid. Rritual has been delighted with the initial response, observing that its listed products are trending on t.....
What are the factors that influence global crude oil prices?
June 04, 2021 03:44 PM AEST| By Team Kalkine MediaSummary Crude oil prices have grown more than 40% this year on the back of robust vaccination programs and global economic recovery. OPEC and its allies play a vital role in stabilising the crude oil prices. A potential US-Iran deal is expecte.....
APAC markets in green; ASX200 up 0.37%
June 04, 2021 03:15 PM AEST| By Furquan MoharkanSummary APAC markets have been unaffected by Biden ban China markets among top performers in the region Australia markets continue winning streak for 4th day in a row. The equity markets across the Asia Pacific (APAC) region were mostly .....
Biden bans US investments into 59 Chinese firms
June 04, 2021 01:46 PM AEST| By Furquan MoharkanSummary Biden bars American from investing in 59 more companies. The US president has signed an executive order to this effect. Trump had already banned 48 companies. US President Joe Biden on Thursday prohibited American entities from in.....
How does a meme stock work?
June 04, 2021 12:34 PM AEST| By Furquan MoharkanGameStop, AMC Theatres, Nokia, BlackBerry Enterprise, Reddit, Robinhood application icons grouped in Meme Stocks folder on smartphone. If 2020 was a year of unprecedented bull run, 2021 would be remembered as the year of memes – a year when me...
US Stocks Retreat, Weighed Down By Bluechip Stocks
June 04, 2021 07:40 AM AEST| By Sanjeeb BaruahUS stock markets closed lower on Thursday, June 3, dragged down by bluechip stocks as investors waited for the latest economic data from the Labor Department in a lacklustre session. The S&P 500 shed 0.36% to 4,192.85. The Dow Jones dropped 0.07...