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World news
Convalescent plasma therapy for COVID-19: are there any benefits?
August 23, 2021 12:06 PM AEST| By Tripti JoshiHighlights The National Institutes of Health (NIH) recently announced the final results from a study assessing convalescent plasma (CP) therapy in COVID-19 outpatients with early symptoms. The results demonstrated no significant benefit of the .....
Anti-lockdown protests turn violent in Australia; scores arrested
August 22, 2021 11:05 PM AEST| By Team Kalkine MediaHighlights Over 4,000 people took to the streets in Melbourne and Sydney to protest the extension of the covid lockdown. Police arrested some 200 protestors in Melbourne as they attacked the police personnel trying to stop them. Nine cops were .....
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Five stocks that never left Buffet’s basket despite pandemic headwinds
August 22, 2021 12:17 AM AEST| By Team Kalkine MediaHelter-skelter is the one word describing everything globally since a tiny virus crossed Chinese borders and wreaked havoc. The financial markets were no exception. Yet, it was interesting that other than the hope of overcoming the challenge, what .....
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What is big data, and what are its applications in the healthcare sector?
August 21, 2021 12:34 AM AEST| By Tripti JoshiHighlights The term big data in healthcare describes the enormous volumes of information generated by digital technologies adoption in the healthcare industry. Big data uses particular statistics in healthcare to explore new developments,.....
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Next wave of eCommerce: D2C and live selling
August 21, 2021 12:12 AM AEST| By Sonal SinhaHighlights COVID-19 has brought numerous changes in the way people live, work and purchase products. The pandemic gave a massive boost to a new wave of eCommerce - D2C and live selling. D2C eCommerce refers to the strategy through which .....
China’s rate decision dampens APAC markets
August 20, 2021 02:03 PM AEST| By Furquan MoharkanA stock market ticker shows financial gains and losses. Equity markets across the Asia-Pacific (APAC) region mostly traded in the red on Friday as China left its benchmark lending rate unchanged. The shares in Mainland China fell as the Shang...
Liquid Heist: Hackers siphon off about US$97M from Japanese crypto exchange
August 20, 2021 12:14 PM AEST| By Furquan MoharkanBitcoin, Ethereum and Ripple coins - largest cryptocurrencies by market capitalisation. Japanese cryptocurrency exchange Liquid has revealed that it has faced a cyber-attack, in which hackers have siphoned off US$97 million worth of digital co...
Over 100M US households didn’t pay federal income tax in 2020, says think tank
August 19, 2021 12:18 PM AEST| By Furquan MoharkanThe COVID-19 pandemic has jacked up the number of nontaxpayers in the US. In 2020, 61% of American taxpayers did not pay federal income tax in the US, reveals a new study. According to the Tax Policy Center estimates, last year nearly 107 million ho...
Taliban back at the helm of Afghanistan: What is in it for China?
August 18, 2021 05:05 PM AEST| By Furquan MoharkanChina, over the last couple of decades, has quickly climbed up the ladder in the power league of the global nations. The world’s second largest economy now competes directly with the US – which claims itself to be world’s “sup...
APAC markets in green; Japan extends COVID-19 state of emergency
August 18, 2021 03:10 PM AEST| By Furquan MoharkanEquity markets across the Asia Pacific (APAC) region were trading with gains on Wednesday as Japan decided to extend the COVID-19 emergency and Reserve Bank of New Zealand decided to keep the rates unchanged. At the time of writing this, all the APA...
How an allergy helped Johnny Boufarhat, 27, make it to billionaires’ club
August 18, 2021 01:32 PM AEST| By Furquan MoharkanJohnny Boufarhat has become one the youngest self-made billionaires in the world -- a news that has taken the internet by storm. Who is Boufarhat? He is a 27-year-old Australia-born British citizen and an entrepreneur. Mr Boufarhat was born on 1 J...
APAC markets fall as regulatory fears resurface in Hong Kong
August 17, 2021 04:05 PM AEST| By Furquan MoharkanEquity markets in the Asia-Pacific (APAC) region were mostly lower on Tuesday, with stocks of Chinese companies in Hong Kong falling again as regulatory fears resurfaced. The sentiments in the APAC region turned negative despite Wall Street closing...
India’s largest private lender to raise US$1 billion in foreign bonds
August 16, 2021 06:26 PM AEST| By Furquan MoharkanIndia’s largest private lender HDFC Bank will be raising US$1 billion through bond issue in the foreign markets, it informed the country’s exchanges. The bank is planning to raise money through additional tier- 1 (AT1) bonds in the overs...
Chinese data dampens mood in APAC markets
August 16, 2021 04:22 PM AEST| By Furquan MoharkanThe bleak economic data coming in from China has managed to spook investors away from equity markets in the Asia Pacific (APAC) region. The region’s most powerful economy’s industrial production grew 6.4% in the month of July – fal...
COVID-19: Which countries are winning the vaccination race?
August 16, 2021 01:05 PM AEST| By Furquan MoharkanAs COVID-19 continues unabated, wreaking havoc in the economies across the globe, the need for vaccinating population against the virus is increasing with every passing day. The pandemic has infected 207.95 million people till now, of which 4.37 mil...
Taliban take control of Kabul as president flees
August 16, 2021 11:02 AM AEST| By Furquan MoharkanThe Afghanistan government led by President Ashraf Ghani has almost collapsed as Taliban insurgents have taken over the presidential palace in Kabul – a move that would have ramifications across the borders of Afghanistan. The insurgents took...
Rainforest, lungs of the world, aren’t soaking enough CO2, NASA finds
August 15, 2021 01:25 PM AEST| By Team Kalkine MediaHighlights Tropical forests absorbed four times more carbon dioxide than temperate and boreal regions, but their capacity has declined, NASA study shows. Information on where and how plants absorb or emit carbon is critical to monitoring how th.....
Which indices have given the fattest 52-week returns to their investors?
August 14, 2021 12:35 AM AEST| By Furquan MoharkanEquity markets across the globe have been continuing their rally unabated for a year now – a year when economy was in doldrums and future looked bleaker than ever. During the past one year, the equity markets have sent every established notion...
South Korea leads losses in APAC markets as Samsung shares plummet
August 13, 2021 02:05 PM AEST| By Furquan MoharkanThe South Korean equity markets on Friday led the losses in the Asia Pacific (APAC) region as shares of multinational conglomerate Samsung and all the related companies plummeted. In the morning trade on the last day of the week, shares of all the c...
APAC markets flat as US dollar weakens
August 12, 2021 03:43 PM AEST| By Furquan MoharkanEquity markets in the Asia Pacific region were trading near the flatline as local Asian currencies strengthened vis à vis a weakened US dollar. The US dollar index, which tracks the greenback against a basket of six of its peers, fell to 92.8...
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