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World news
Legacy Automakers Transitioning to EV by 2030
March 09, 2021 12:53 PM AEDT| By Mark O'DonnellSource: Virrage Images,Shutterstock Summary Legacy Automakers are ramping up EV production, with many signalling a complete transition to EV within the decade. Electrified versions of popular makes and models are being pushed out over the...
US Stocks End Mixed Amid Recovery Hopes, Bond Selloff
March 09, 2021 08:43 AM AEDT| By Team Kalkine Mediaden’s US$1.9 trillion relief bill set for a final Senate vote on Tuesday. US stocks ended mixed on Monday ahead of a crucial Senate vote on President Joe Biden’s US$1.9 trillion stimulus package this week, even as investors continued...
Why Is Goldman Sachs Group Inc Planning to Resume Its Cryptocurrency Desk?
March 09, 2021 12:56 AM AEDT| By AbhijeetSource: Chinnapong, Shutterstock Summary A study by Goldman Sachs has found renewed interest in the group’s digital assets. Media reports had said that the group would now be dealing in bitcoin futures, non-deliverable forwards. Ami...
Rocket Lab Refuels To Compete With SpaceX
March 08, 2021 06:06 PM AEDT| By Mark O'DonnellSource: Oleg_Yakovlev, Shutterstock Summary Rocket Lab is set to list on the Nasdaq in the second quarter of 2021. Rocket Lab will use the listing to gain funds to build bigger rockets. The US-NZ Company is targeting SpaceX’s marketspac...
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Paul Abbot Hired As The New CEO Of Destination Queensland
March 08, 2021 05:40 PM AEDT| By Team Kalkine Medialistening and learning in order to gauge the issues being faced by the shareholders. As per the latest media reports, Mr. Paul Abbot has been appointed as the new Chief Executive for Destination Queensland. Mr. Abbot previously worked as the Ch....
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NZ Government Obtains Life Savers, 8.5 Million COVID-19 Shots for Its Citizens
March 08, 2021 05:01 PM AEDT| By Team Kalkine MediaSource: solarseven, Shutterstock On 8 March 2021, New Zealand Prime Minister, Jacinda Ardern asserted 2021 as the ‘Year of the Vaccine’ and assured that the government is leaving no stone unturned to beat this ghastly pandemic. ...
Merck/Ridgeback’s COVID-19 oral drug shows promising Phase 2 data
March 08, 2021 03:25 PM AEDT| By Team Kalkine MediaSource:zstock,Shutterstock American pharmaceutical behemoth Merck (NYSE:MRK) and Ridgeback Biotherapeutics LP disclosed preliminary findings from Phase 2a double-blind, placebo-controlled, randomised trial for evaluating the safety, tolerability, an...
Social Media Buzz: What Is VanEck Vectors ETF?
March 08, 2021 02:52 PM AEDT| By Mark O'DonnellSource: Peshkova ,Shutterstock A new ETF was launched last Thursday in the US. The ETF is designed to track the stocks receiving considerable social media mentions and attention. VanEck Vectors Social Sentiment ETF (BUZZ:NYSE Arca) is comprised...
Who topped the list of US Economic Freedom Index, who got axed
March 08, 2021 12:56 PM AEDT| By SonalSource: MotionEmo,Shutterstock Summary Heritage Foundation unveiled its annual ranking of freest economies in the world. Singapore tops the list with Vietnam stepping into moderately free category for the 1st However, Hong Kong was remov...
Will New Caledonian Deal Allay Tesla's Nickel Shortage Fears?
March 08, 2021 12:53 PM AEDT| By Team Kalkine MediaSource: franz12,Shutterstock Summary Tesla has secured greater control over nickel supply with the execution of a partnership with the New Caledonian government. The decision comes amid surging demand for electric vehicles and growing con...
Bitcoin Stays Below $50,000 As Worries Over Digital Yuan Resurface
March 07, 2021 09:09 PM AEDT| By Abhijeetrsquo;s expected launch of a CBDC has seemingly jeopardised the prospects of crypto-assets Bitcoin has been trading below the level of $50,000 for the last couple of days as worries surrounding the introduction of digital yuan resurfaced with th...
EU To Ask the US to Export AstraZeneca/Oxford Vaccine: Report
March 07, 2021 08:58 PM AEDT| By Suhita Poddarn programme in December but is lagging behind the UK and US due to a shortage of jabs. Unable to address the supply shortage of AstraZeneca’s Covid-19 vaccines, the European Union has turned to the United States to export the millions of d...
US Stocks Edge Higher On Positive Jobs Report, Stimulus Hopes
March 06, 2021 12:19 PM AEDT| By Team Kalkine MediaSource: solarseven, Shutterstock Summary S&P 500 gained 1.95%, Dow Jones was up 1.85%, and NASDAQ added 1.55%. Senate finalizes President Joe Biden’s US$1.9 trillion relief bill for approval. Brent crude oil futures rise as OPEC &am...
Electric Vehicles Then & Now: Tracing The Near 200-Year History
March 06, 2021 02:55 AM AEDT| By Shreya Biswas©Kalkine Group 2021 What’s the first thought that comes to your mind when you think ‘electric vehicle’? Expensive? Eco-friendly? Sleek? Have you ever thought, “Hmm, that’s from a couple of hundred years ago,&rdqu...
Can Stocks Beat Inflation and Bond Worries To Wrap Up The Week?
March 05, 2021 09:31 PM AEDT| By Ipsita SarkarSource: macgyverhh, Shutterstock Summary Rising treasury bond yields may continue to play spoilsport for the stock markets. Improvement in the economy has opened doors for other investment options. Fed likely to maintain an easy monetary poli...
Did you miss these updates on Oxford University-AstraZeneca’s COVID-19 Vaccine?
March 05, 2021 03:34 PM AEDT| By Team Kalkine MediaSource:Viacheslav Lopatin,Shutterstock Summary German vaccination authority has given the green light to Oxford-AstraZeneca’s COVID-19 vaccine for use in seniors. Canada has received the initial shots of the Oxford-AstraZeneca COVID-19 v...
Tsunami alert lifted in NZ, residents asked to return to homes
March 05, 2021 02:31 PM AEDT| By RomaSource: FocusDzign ,Shutterstock Summary With Tsunami warning subsided, people asked to return to homes in New Zealand. This comes after a series of earthquakes gave rise to Tsunami threats in North Island. Though Tsunami warning is over...
NZ to Vaccinate South Auckland & Tamaki Makaurau Residents Soon
March 05, 2021 02:14 PM AEDT| By Team Kalkine MediaSource:solarseven ,Shutterstock With just around 9,431 receiving the first shot of Pfizer/BioNTech Covid-19 vaccine as on Tuesday (2 March), New Zealand is all set to administer the vaccine to the other priority groups. Source: Copyright © 2...
4 Foreign Stocks Hitting It Out Of The Park In The US
March 05, 2021 01:56 PM AEDT| By Mark O'Donnellbled as it firmly establishes itself as the go-to e-Commerce brand across South America. Investors have typically been conservative while acquiring foreign stocks, preferring to stick with home-based businesses. Source: © Danp68 | Megapi...
US Stocks End Lower Amid Recovery Woes, Mortgage Rate Spike
March 05, 2021 08:46 AM AEDT| By Team Kalkine MediaSource: Copyright © 2021 Kalkine Media Pty Ltd. Summary S&P 500 was down 1.34%, Dow Jones shed 1.11%, and NASDAQ plunged 2.11%. Ten-year treasury bond yields were up 5.33% to 1.548 on Thursday. The 30-year mortgage rates rose...
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