News
Altan Rio (TSXV:AMO.H) appoints mining specialists hoping to fast track the development of the Southern Cross Gold Project
April 23, 2021 10:48 AM AEST| By Team Kalkine MediaAustralia focused gold explorer Altan Rio Minerals Limited (TSXV:AMO.H) announced the appointment of Mr Keith Ross as Vice President Mining Operations. This is the second appointment announcement this week. The Company is strengthening its team at .....
Altan Rio (TSXV:AMO.H) brings in more depth to the management team, appoints Strategic Advisor
April 23, 2021 10:42 AM AEST| By Team Kalkine MediaThe Canadian listed gold explorer Altan Rio Minerals Limited (TSXV:AMO.H) announced the appointment of Mr David Talbot as Strategic Advisor for the North America time zone. The appointment has taken place precisely when Altan Rio is making ne.....
S&P/TSX Composite Index Down 0.58% to 19,031 Weighed By Oil Stocks & Biden Tax Proposal
April 23, 2021 07:48 AM AEST| By Team Kalkine MediaCanada’s TSX composite index fell on Thursday, April 22, as resurgence in coronavirus infections across Asian countries raised concerns over oil demand, leading Energy index to drop by 1.06%. The third largest consumer of oil, India reported wo...
How To Invest in Bitcoin & Ether Funds?
April 23, 2021 01:28 AM AEST| By AnujCrypto markets are volatile and keeping a watch on them round the clock is impossible. However, the Toronto Stock Exchange-listed crypto funds provide an exposure to real-time bitcoin and ether token prices. Earlier this year, TSX became the world&r...
Bitcoin Rally May Be Over, Warns JPMorgan Chase
April 22, 2021 11:08 PM AEST| By Team Kalkine MediaSummary Strategists at JPMorgan Chase have cautioned that if Bitcoin’s value does not breach the US$ 60,000-mark soon, it can lose its momentum. Bitcoin hit a record high value of US$ 64,000 earlier in April amid a massive crypto rally fu.....
Zymergen Raises $500Mn In Upsized IPO: A ‘Biofacturing’ Firm To Watch
April 22, 2021 08:37 PM AEST| By Team Kalkine MediaSummary Biotechnology company Zymergen Inc is said to have generated US$ 500 million in proceeds in its upsized initial public offering (IPO) on Wednesday. It reportedly sold 16.13 million shares at US$ 31 apiece at its upsized IPO. Zymergen, .....
Crypto Safemoon Dives Leading to Scam Claims
April 22, 2021 08:12 PM AEST| By Team Kalkine MediaCryptocurrency Safemoon has plunged today, losing two-thirds of its value in just an hour. The crypto dove from AU$0.000015 to AU$0.000005 on Thursday morning, later recovering to AU$0.000007. The recent plunge has led to naysayers claiming that S.....
Technical Alert: IBM Successfully Pierces Through its Price Resistance
April 22, 2021 07:21 PM AEST| By Team Kalkine MediaSummary International Business Machines Corp (NYSE: IBM) gained 3.90% percent in the last trading session. Post breaking out of a crucial resistance level the stock hit a new 52-week high. The stock has broken the rising channel pattern on the.....
BoC’s Record Low Policy Rate Is A Shot In The Arm After Budget Stimulus
April 22, 2021 07:10 PM AEST| By Team Kalkine MediaSummary Bank of Canada maintains benchmark interest rate at 0.25 per cent. Bank says Canadian and global economy will rebound quickly, with Canada GDP growth at 6.5 per cent in 2021. Inflation is high as prices in same month last year plunged .....
Are the Vaccines Working? When will Covid-19 end?
April 22, 2021 07:00 PM AEST| By Kiara KhannaThe deadly coronavirus pandemic was first reported from Wuhan, China in December 2019 and spread across the globe leaving economies of the biggest countries come to a standstill. No one had predicted what the outbreak could cost, and sadly it did c.....
SOS calls giving way to obits as COVID-19 rips through India
April 22, 2021 05:21 PM AEST| By Furquan MoharkanToday morning, I woke up to the devastating news of three fellow journalists passing away – all of them young. The trio fought a long battle with COVID-19 but succumbed to the monster virus. Among the three, I knew one personally, and other t.....
Apple launches new products, fails to impress investors
April 22, 2021 05:16 PM AEST| By Team Kalkine MediaSummary Apple Inc launched a series of new products including iPad Pro and iMac loaded with upgraded and high-tech features. Preorders can be booked from this week, and the shipments will begin later this month. US-based tech giant, A.....
SPAC IPOs top US$100 billion in 2021
April 22, 2021 02:00 PM AEST| By Furquan MoharkanSummary The IPOs through the SPAC route have raised more than US$100 billion annually There has been a huge surge in volume as well However, the average ticket size has dipped by 3.3% The initial public offerings (IPOs) through the specia.....
UiPath Share Price Leaps 23% on NYSE Debut
April 22, 2021 01:40 PM AEST| By Team Kalkine MediaSummary UiPath shares surged 23% on the New York Stock Exchange debut on Wednesday. The company and its shareholders raised US$1.3 billion in one of the biggest software IPOs in the US. The firm sold almost 24 million shares to investors at US.....
Budget 2021: What’s In It For Corporate Canada?
April 22, 2021 12:00 PM AEST| By Team Kalkine MediaIn the wake of pandemic-induced lockdowns and stressed financials, private investment is under pressure for most companies. But Chrystia Freeland’s Federal Budget 2021 has enough elements to cheer businesses. The federal budget hits the right...
Tesla car crash sparks off a debate about self-driven car’s safety parameters
April 22, 2021 11:17 AM AEST| By RomaSummary Elon Musk reacts to the Texas car crash in a tweet. Concerns about self-driven cars’ safety spark. One of the victims identified was a Doctor. With the recent Texas car crash that involved a self-driven Tesla Car, there were.....
Safemoon hurtling to the moon; but is it really safe?
April 22, 2021 11:11 AM AEST| By Team Kalkine MediaSummary Safemoon was launched three weeks ago and has grown by 2,900% since then. Safemoon is a decentralised finance token, which means that anyone can trade it without an intermediary such as a bank or a broker. Despite its recent steep surg.....
What’s powering Dogecoin’s astronomical April rally?
April 22, 2021 11:08 AM AEST| By Team Kalkine MediaSummary With Dogecoin price hitting an all-time high, fans celebrated 20 April as 'Doge Day'. The meme-based cryptocurrency recorded a new high of US$0.42 per unit on Tuesday. The market cap of Dogecoin crossed US$50 billion, higher than that .....
TSX Rises To 19,143 On Positive Corporate Earnings
April 22, 2021 07:37 AM AEST| By Team Kalkine MediaBuoyed by positive corporate earnings, upbeat investors sentiments and anticipation of rapid economic recovery, the S&P/TSX Composite index advanced by 0.54% to settled at 19,143.25 on Wednesday. However, falling oil prices limited the gains....
Volkswagen Enters EV Space, Set To Unveil ID.4 GTX Model
April 22, 2021 06:00 AM AEST| By Team Kalkine MediaSummary Volkswagen will soon unveil one of its first performance electric vehicles, ‘4 GTX’. The new model will be sportier in appearance with a lower ride height. The car is ready to be launched on 28 April 2021. Source: &c.....