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 China exports grow 7.2pc in July while clouds loom over Australia-China relations

China exports grow 7.2pc in July while clouds loom over Australia-China relations

August 10, 2020 07:50 PM AEST| By Team Kalkine Media

Summary China's exports rose 7.2% in July, while imports fell 1.4% compared to a year ago. The rise in exports came due to the rising demand for medical supplies, and automobiles as coronavirus restrictions eased around the world. China's trad.....

 Dip for Chinese Tech Stocks – Do not Forget to Look at the 5 Tech-Related Trends

Dip for Chinese Tech Stocks – Do not Forget to Look at the 5 Tech-Related Trends

August 10, 2020 04:49 PM AEST| By Team Kalkine Media

Summary Subsequent to numerous actions taken by economies across the world against Chinese companies, specifically the US with its executive order has led to a fall in the share price of the Chinese companies such as Tencent and Alibaba, falling.....

 RBA charts out Economic Recovery Forecasts apparently with 'No Vaccine Roll-out' assumption 

RBA charts out Economic Recovery Forecasts apparently with 'No Vaccine Roll-out' assumption 

August 10, 2020 03:11 PM AEST| By Team Kalkine Media

Summary A rise in the number of coronavirus cases in Victoria post June has deteriorated the broader outlook of the Australian economy. The economy is expected to shrink by 6% in 2020 with a growth of 5% in 2021, while the unemployment rate is .....

 Equitable Distribution- A possibility or a repeat of 2009 pandemic?

Equitable Distribution- A possibility or a repeat of 2009 pandemic?

August 09, 2020 02:43 AM AEST| By Team Kalkine Media

Summary WHO is working on a list of priority recipients comprising first-responder healthcare workers, the elderly and immunocompromised individuals. Most of coronavirus vaccines are already reserved, many countries are signing deals with vacci.....

 Climate Change, Reduced Engine Cost, High Subsidy – Throttles The EV Industry

Climate Change, Reduced Engine Cost, High Subsidy – Throttles The EV Industry

August 09, 2020 02:39 AM AEST| By Team Kalkine Media

Summary EV sales across the global front are now gaining traction EV makers drop price to cash-in on the government subsidy and increase sales. In the recent past, China further extended the subsidy on EV purchase with scaled reductions from 10.....

 Leaf Through Three Key Factors Defining Travel Space Recovery Scenario

Leaf Through Three Key Factors Defining Travel Space Recovery Scenario

August 09, 2020 01:26 AM AEST| By Team Kalkine Media

Despite Australian Prime Minister’s recent statement on continuation of international travel restrictions for some months amid COVID-19 pandemic, the share prices of multiple travel players demonstrated considerable strength on Friday, closin.....

 Weekly Economic Calendar: Upcoming Global Updates Under the Spotlight

Weekly Economic Calendar: Upcoming Global Updates Under the Spotlight

August 09, 2020 12:10 AM AEST| By Team Kalkine Media

Summary Amidst COVID-19 storm, economies all across the globe have started to reopen in the hope of registering a pyrrhic victory post a bleak first half 2020. After suffering thick and fast, America, China, Australia and New Zealand brace to r.....

 Can Negative Interest Rates Become A Reality For The British Economy?

Can Negative Interest Rates Become A Reality For The British Economy?

August 09, 2020 12:01 AM AEST| By Team Kalkine Media

Summary Benefits of a negative interest rate regime not very clear, especially in a very subdued demand scenario, due to the deadly impact of the coronavirus pandemic Banks already have a large amount of bad debts in their balance sheets, and n.....

 Five-Point Action Plan to Survive COVID-19 Storm

Five-Point Action Plan to Survive COVID-19 Storm

August 09, 2020 12:00 AM AEST| By Team Kalkine Media

Summary The nation’s job market seems to be on track to defeat the pandemic, widening the professional skill set is crucial. Given the potentially positive signs emerging so far, the economic indicators deserve closer attention while gaug.....

 Trump Cuts US ties with ByteDance and Tencent 

Trump Cuts US ties with ByteDance and Tencent 

August 08, 2020 02:47 PM AEST| By Team Kalkine Media

US-China tensions flaring over the pandemic and economic damage have emerged again on the investors’ plate. Earlier, US President Donald Trump had targeted Huawei and other technology companies citing concerns over jeopardising national secu.....

 Uber Reports Dismal Results; Mobility Losses Offset By Delivery Business Gains

Uber Reports Dismal Results; Mobility Losses Offset By Delivery Business Gains

August 08, 2020 01:34 PM AEST| By Team Kalkine Media

Uber’s latest quarterly numbers reflect the struggle brought in by COVID-19 after the company was seeking to deliver profitability. In the June quarter, its food delivery business came better off the ride services. It delivered gross booking.....

 S&P/TSX Composite Index Slips After 3-Day Surge Over US-Canada Trade Spat

S&P/TSX Composite Index Slips After 3-Day Surge Over US-Canada Trade Spat

August 08, 2020 01:00 PM AEST| By Team Kalkine Media

ON TSX: Benchmark equity S&P/TSX Composite Index traded 34.62 points or 0.21% lower against the previous close to finish the day and the week at 16,544.48. Last week, the index ended higher for three out of four trading sessions and bagged approx...

 Why Did Trump Reignite Aluminum Tariff War on Canada?

Why Did Trump Reignite Aluminum Tariff War on Canada?

August 08, 2020 12:46 AM AEST| By Team Kalkine Media

(Featured image Source: Government of Canada Photos)   Summary United States President Donald Trump imposed tariffs on aluminum imports from Canada. Canada warned of a “dollar-to-dollar” retaliatory imposition of tariffs. Th...

 JobKeeper Scheme to cost an extra $15 billion amid Victoria crisis

JobKeeper Scheme to cost an extra $15 billion amid Victoria crisis

August 07, 2020 09:51 PM AEST| By Team Kalkine Media

Summary Changes worth $15 billion were made in the extended JobKeeper scheme. Businesses will now have to prove a decline in their GST turnover for only one quarter to qualify for JobKeeper extension, and workers will also qualify for the schem.....

 Top 10 richest people in the UK

Top 10 richest people in the UK

August 07, 2020 09:27 PM AEST| By Team Kalkine Media

In the times of the coronavirus pandemic, we wake up every day to the reports of new losses in businesses, market turmoil, job cuts, etc. But today, we bring something to cheer for by talking about wealth and affluence-stories of creation of riches.....

 Farming and Food: NZ setting up a billion-dollar Apple and Pear industry in 2 years

Farming and Food: NZ setting up a billion-dollar Apple and Pear industry in 2 years

August 07, 2020 05:08 PM AEST| By Team Kalkine Media

Summary Amid COVID-19, harvesting of apples and pears in NZ continued by following strict regimes, with ~14 thousand workers harvesting ~ 600 thousand tonnes of fruit (as on 3 April 2020) for processing, as well as consumption in both domestic a.....

 Australian Billionaires Riding the Market Tide Adding More Billions?

Australian Billionaires Riding the Market Tide Adding More Billions?

August 07, 2020 05:00 PM AEST| By Team Kalkine Media

The richest people on earth are not immune to the treacherous novel coronavirus. Despite this, expert consensus opines that the globe's richest people continue to grow richer, as COVID 19 topples the world economy and pushes activities online. Loo.....

 Scoop the Stock Soup: FAANG, Tesla

Scoop the Stock Soup: FAANG, Tesla

August 07, 2020 03:05 PM AEST| By Team Kalkine Media

Summary Technology players, particularly the US FAANG companies have played a significant role in battling the pandemic, leveraging a swathe of opportunities to outshine in the crisis. Of late, tech market darlings, FAANG stocks have been sweep.....

 TSX Settled in Green for the Third Straight Day, Thursday

TSX Settled in Green for the Third Straight Day, Thursday

August 07, 2020 01:00 PM AEST| By Team Kalkine Media

ON TSX:  The broader index of the Toronto Stock Exchange – S&P/TSX Composite Index extended gains of the previous trading session and enhanced by 77.49 points or 0.47% higher to 16,579.10 and settled in green for the third day in a row...

 Canadian Insolvency Filings Decline By Record Numbers After Federal Support

Canadian Insolvency Filings Decline By Record Numbers After Federal Support

August 07, 2020 03:31 AM AEST| By Team Kalkine Media

Canada’s economic response plan and fiscal stimulus measures deployed to soften the blow of the pandemic seems to be bearing fruit. While tens of thousands of establishments shut down in the months of March and April, consumer and business in.....

Canadian AI All-Stars: Unveiling the Top Stocks for 2025

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