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Here’s Why Cboe Global Markets is Acquiring Chi-X Asia Pacific
March 26, 2021 12:02 PM AEDT| By Team Kalkine MediaSource: Who is Danny Shutterstock Summary Cboe Global Markets has reached a deal to acquire Chi-X Asia Pacific Holdings, which has core operations in Australia and Japan. The acquisition will accelerate Cboe's global expansion plans....
US Stocks End Higher Amid Jobs Data, Mixed Global Cues
March 26, 2021 09:27 AM AEDT| By Team Kalkine MediaSource:Ronnie Chua , Shutterstock Summary US unemployment rate fell to 6.2 percent in February after 379,000 people joined workforce. Chinese social media users blast Nike, H&M over comments on Uyghurs in Xinjiang. Chinese listed companie...
TSX Composite index up 0.12% to 18,651 Level amid recovery in Energy & Healthcare sector.
March 26, 2021 08:54 AM AEDT| By Team Kalkine MediaCopyright © 2021 Kalkine Media Pty Ltd. After three days losing streak, the TSX Composite Index went up by 0.12% on Thursday to 18,651.10, buoyed by healthcare, utilities and consumer cyclicals sectors. Total volume on the TSX was 257.21 millio...
Oil Prices Retreat Amid Rising Volatility Over Suez Canal Blockage
March 26, 2021 03:17 AM AEDT| By AnujSource: zhengzaishuru, Shutterstock Commodity prices plunged on Thursday morning as the investors tracked the massive oil vessel wedged across the Suez Canal. Oil prices saw a surge of nearly 6 per cent yesterday. As of 10 AM ET on March 25, Crude...
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1.5 Mn Canadians Accessed Employment Insurance In January: StatCan
March 26, 2021 03:09 AM AEDT| By Shreya BiswasSource: H_Ko, Shutterstock Summary About 1.5 million Canadians accessed regular Employment Insurance (EI) benefits in the month of January 2021, reported Statistics Canada. This number records a month-over-month (MoM) jump of 11.2 per cent, or...
Supreme Court Rules Carbon Tax As Constitutional: All You Need To Know
March 26, 2021 02:59 AM AEDT| By Shreya BiswasSource: Aerial Mike, Shutterstock Summary The Supreme Court of Canada, on Thursday, March 25, greenlit the Trudeau government’s carbon price plan as constitutional. The landmark decision, which came after a 6:3 ruling, gives a vital boos...
Think Twice Before You Spend Your Bitcoin For A Tesla!
March 26, 2021 02:56 AM AEDT| By Team Kalkine MediaImages: Pixabay Summary In the past, Elon Musk has been vocal about bitcoin and has backed it on Twitter. It is important to know about the tax implications in case you are planning to buy a Tesla car using bitcoin. To buy a car using bitcoin...
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3 Reddit Meme Stocks To Keep At An Arm’s Length
March 26, 2021 02:13 AM AEDT| By Shreya BiswasSource: whiteMocca, Shutterstock Summary The trend of Reddit-fueled meme stocks has been resurfacing since the end of January this year. But just as rapidly as they rocketed to the stars, many of these meme stocks also collapsed back to the ea...
Canadian Federal Budget 2021: Will Liberals Announce Stimulus Package?
March 26, 2021 01:50 AM AEDT| By Team Kalkine MediaSource: fizkes, Shutterstock After a two-year long wait, Finance Minister Chrystia Freeland is all set to announce the federal budget on April 19. So, what can we expect from the budget? For starters, Canadians would like to have extended income su...
Is Black Gold Entering a Bearish Phase?
March 25, 2021 07:27 PM AEDT| By Team Kalkine MediaSource: Avigator Fortuner, Shutterstock Summary Recently, WTI Crude Oil plunged on demand concerns due to new pandemic curbs, however reversed sharply after Suez Canal was blocked. Germany and France expected to extend lockdown restrictions du...
Are Upcoming EV fleets An Answer To Rising Carbon Emissions?
March 25, 2021 07:23 PM AEDT| By Team Kalkine MediaSource: AVC Photo Studio, SHutterstock Of late, there have been increasing talks on the need for the shift to energy-efficient appliances, improvement in fuel efficiency, and usage of electric vehicles, amid increasing concerns on climate change. E...
Canada backs AstraZeneca’s COVID-19 vaccine but includes coagulation warning
March 25, 2021 04:50 PM AEDT| By Team Kalkine MediaSource:rafapress, Shutterstock Summary Health Canada confirmed AstraZeneca’s COVID-19 vaccine safety and stated that it had not obtained any reports citing thrombosis so far. The health department to add a warning indication to the vacci...
TSX Index Plunges For 3rd Consecutive Days
March 25, 2021 08:58 AM AEDT| By Team Kalkine MediaCopyright © 2021 Kalkine Media Pty Ltd. The TSX Composite Index plunged for the third consecutive day this week to 18,628.29 and recorded decline of 0.22% from previous day, as investors shifted from technology sector to Energy, Financials, and...
US Stocks End Lower Despite Fightback
March 25, 2021 08:35 AM AEDT| By Team Kalkine MediaSource: SFIO CRACHO, Shutterstock Summary S&P 500 ticked down 0.55%, Dow Jones fell 0.01%, and NASDAQ plunged 2.01%. Chinese ride-hailing firm Didi Chuxing aims for a US$100-billion valuation in IPO debut. Intel Corp. to spend US$20...
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EV Maker Arrival To Debut Tomorrow Post Merger With SPAC CIIG
March 25, 2021 03:45 AM AEDT| By Shreya BiswasSource: eamesBot, Shutterstock Summary British electric vehicle (EV) Arrival Ltd took a step closer to its public listing after blank check company CIIG Merger Corp (NASDAQ:CIIC) shareholders approved their reverse merger plans. Arrival had en...
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Does Canada Have A Stock Market?
March 25, 2021 03:20 AM AEDT| By Team Kalkine MediaSource: JomNicha, Shutterstock When it comes to Canada, what do you think? Chilly weather, Toronto skyline and ice hockey? Well, the country is more than that, especially if you're looking to invest your hard-earned money by diversifying your portfo...
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Bank of Canada To Wind Up COVID-Triggered Liquidity Programs
March 25, 2021 12:39 AM AEDT| By Shreya BiswasSource: Portrait Image Asia, Shutterstock Summary The Bank of Canada (BoC) said on Tuesday that it will be rolling back the support programs it had extended to help the economy through the pandemic. The central bank plans to suspend or discont...
Dented Risk Appetite Pushes Greenback to Four-Month High
March 24, 2021 11:15 PM AEDT| By DaminiSource: Deacons docs, Shutterstock Summary The US Dollar traded near its four-month high level on Wednesday as global markets’ concerns waned investors’ risk appetite. The potential US tax hikes, shutdowns in Europe and the intensi...
Will Egypt's Suez Canal Blockage Impact Canada?
March 24, 2021 09:12 PM AEDT| By AnujSource: Oil and Gas Photographer, Shutterstock Suez Canal, the world’s busiest waterway, went standstill after a gigantic container vessel was stranded on Tuesday, March 23. This blockage may lead to severe disruptions across the global energy...
Canada Sets Budget Date After 2 Years: What We Know
March 24, 2021 09:09 PM AEDT| By Shreya Biswasfor FM Freeland, who took over the office after Bill Morneau resigned last year. The Canadian government will finally table a fresh budget for 2021 on April 19. Finance Minister Chrystia Freeland made the announcement on Tuesday, March 23. The....
