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Why APAC indices are in choppy waters today
July 09, 2021 07:50 AM CEST| By Furquan MoharkanThe benchmark indices of equities across the Asia Pacific (APAC) region slumped on Friday following an overnight sell-off on Wall Street. But in the APAC region, COVID-19 seems to be resurfacing, leading to a panic sell-off across the region. Morgan...
Know the 10 biggest retail companies around the world in 2021
July 09, 2021 07:41 AM CEST| By ManikaThe year 2020 was the best and the worst year for the retail sector. It was the best year as shoppers who were working from home had a new set of needs, especially the need for online shopping. Retailers had to reinvent themselves to develop online.....
No spectators at Tokyo Olympics as COVID-19 is rearing its ugly head again
July 09, 2021 06:42 AM CEST| By Furquan MoharkanLast year, when the Tokyo Organising Committee (TOCOG) and the International Olympic Committee (IOC), despite their initial resentment, postponed the Tokyo Summer Olympics 2020 to a rescheduled date “beyond 2020 but not later than summer 2021&r...
Where do major auto companies get their lithium from?
July 09, 2021 06:39 AM CEST| By Team Kalkine MediaThe demand for lithium is heating up, sparking concerns about tight supplies of the metal. Lithium is the main component of chargeable batteries, which are crucial for the electric vehicle (EV) revolution. The prices of lithium carbonate recently .....
QUAD needs to think economics. Here is why
July 09, 2021 05:29 AM CEST| By Furquan MoharkanAs the world is trying to battle its way out of the COVID-19 pandemic, the skepticism towards China has multiplied manifold in the past one and half year. Whether this skepticism is diplomatically right or wrong, is a question of debate. Many have a...
Look at the top 8 cryptocurrency exchanges operating in New Zealand
July 09, 2021 01:26 PM AEST| By Jasmine AnandSummary Just like stock exchanges, which offer trading in shares, cryptocurrency exchanges offer trading in digital assets. These exchanges help customers trade in a wide range of crypto assets. Apart from ensuring safety and security of digit.....
NZ railways to get NZ$1.3-billion investment in next 3 years
July 09, 2021 02:35 AM CEST| By RomaSummary Three-year rail investment program pledges NZ$1.3-billion investment. KiwiRail can begin a new era of consistency and success. Responsible for the GDP of the country, this is a much-needed support for KiwiRail. Railways in New Zea.....
Is Neo a good cryptocurrency? Is it better than Ethereum?
July 09, 2021 09:40 AM AEST| By SonalSummary NEO is a blockchain project of China and is committed to creating a smart economy. Neo uses a consensus mechanism to protect its blockchain and maintain its distributed network of computers in sync. Neo enjoys certain advantages that E.....
Wall Street stocks retreat on economic concerns
July 08, 2021 02:46 PM PDT| By Sanjeeb BaruahAll major US stock markets closed their sessions in red on Thursday, July 8, as a continued demand and supply imbalance raised concerns about the health of the American economy, and investors pulled back from risky bets. The S&P 500 was down 0.8...
Top 10 cryptos to look at
July 09, 2021 12:15 AM AEST| By Kamalika GhoshSummary Cryptocurrency is a virtual currency that works as a mode of payment for buying goods and services. As of 8 July 2021, the market cap of all the cryptocurrencies was more than $1.38 trillion. Cryptocurrency is a virtual curre.....
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Which were the hottest global tech IPOs in 2021?
July 08, 2021 11:03 AM CEST| By SonalCompanies are compelled to employ technology to rethink virtually every aspect of their business as a result of the COVID-19 outbreak. The adoption of digital technologies has sped up with changes in the ways businesses operate. Subsequently, funding...
Which are the hottest names in the crypto space this year?
July 08, 2021 08:33 AM CEST| By Furquan MoharkanCryptocurrencies have been selling like hot cakes this year. It has been one of the most talked-about asset classes, of late. From Tesla Inc (NASDAQ:TSLA) CEO Elon Musk-backed rally of the meme cryptocurrency – Dogecoin, to the controversy surr...
What’s fuelling the global microchip shortage and what are its ramifications?
July 08, 2021 05:20 AM CEST| By Team Kalkine MediaSummary Microchips are used in almost all electronic devices, automobiles, and portable products. The demand for microchips has surged to record high levels. Chip shortage is one of the main reasons for the delay in the deliveries of vehicles .....
Resignations galore as India’s Modi rejigs Cabinet
July 08, 2021 03:26 AM CEST| By Furquan MoharkanAs many as 13 ministers of the current Indian government resigned on Wednesday, as the country’s Prime Minister Narendra Modi went for a reshuffle of his cabinet – a move which many see as a bid to set the house in order with an eye on up...
Which coins are Stablecoins? What are the most popular Stablecoins?
July 08, 2021 09:55 AM AEST| By SonalSummary Stablecoin is a type of a cryptocurrency whose value is pegged to other assets like USD or gold. There are 3 categories of stablecoins that include fiat-backed, cryptocurrency-backed and commodity-backed stablecoins. Stablecoins provid.....
What does staking mean in crypto?
July 08, 2021 08:19 AM AEST| By Kiran MuraliSummary Staking is a process of validating a blockchain transaction with cryptocurrencies that run on a Proof-of-Stake mechanism. Staking helps to earn passive income with cryptocurrency through the interests. The crypto holders are rewarded w.....
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US markets edge higher, lifted by real estate, healthcare stocks
July 07, 2021 02:55 PM PDT| By Sanjeeb BaruahBenchmark US indices closed higher on Wednesday, July 7, pulled up by gains in real estate and healthcare stocks after the Fed held its first discussion on the bond purchase, accepting that inflation has been a cause of worry but deciding to keep the...
Wise to go public via direct listing: All you need to know about the process
July 07, 2021 11:03 AM CEST| By Furquan MoharkanOn 2 July 2021, the UK-based fintech company Wise PLC approved the plan to get listed on 7 July 2021. The company’s prospectus said, “Application has been made to the FCA for all of the Class A Shares to be admitted to the standard listi...
More Kiwis show confidence in financial markets, prefer shares to term deposits
July 07, 2021 08:59 AM CEST| By ManikaSummary Confidence in financial markets has risen in the last one year. Investors shifting to shares from term deposits. Investors taking more to online platforms in a DIY mode. Confidence in financial markets has continued to rise in the.....
Cryptocurrency Monero’s analysis indicates a bullish trend
July 07, 2021 04:18 PM AEST| By Daniel Paul JohnsSummary Monero was launched in 2014 by a team of developers led by Ricardo Spagni and is currently the 26th largest cryptocurrency. In Monero’s original white paper, its creators argued that Bitcoin’s main flaw was its traceability,.....