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Electronic Medical Records (EMR): What are they, and why do we need them?
June 10, 2021 08:39 AM CEST| By Tripti JoshiSummary Electronic Medical Records (EMR) are real-time patient records that provide medical information immediately and securely to authorized users. EMRs are developed to share information with other health care providers (HCPs) and organizati.....
What is BNPL and why is it important?
June 10, 2021 07:04 AM CEST| By Furquan MoharkanThe buy now pay later (BNPL) is an age-old concept, revived in a trendy way by Fintech companies across the world. To put it simply, it means a customer taking home their purchase but paying for it on a later date. In BNPL, a customer buys the produ...
UN urges countries to focus on quick COVID-19 vaccination
June 10, 2021 06:46 AM CEST| By RomaSummary The UN urges countries for the prioritisation of quick vaccine delivery. The UN says monetary gains should be left secondary. Why is there a need to expedite the process of vaccination? With the vaccine roll-out underway in differ.....
New Zealand May 2021’s Card Spending witnesses a Surge
June 10, 2021 06:12 AM CEST| By Jasmine AnandSummary New Zealand sees an increase in its retail card spending owing to the successful handling of the pandemic and opening of the trans-Tasman bubble The consumer confidence levels have now increased, resulting in strong growth in Kiwis&rsqu.....
Bitcoin bulls receive reality check at massive Miami Conference
June 10, 2021 01:26 PM AEST| By Daniel Paul JohnsThe largest-ever Bitcoin conference was held in Miami over the weekend as thousands of crypto enthusiasts attended the Mana Wynwood Convention Center to celebrate and pay homage to the world’s largest digital currency. On top of that, thousan.....
APAC markets in green; ASX200 up 0.44%
June 10, 2021 04:49 AM CEST| By Furquan MoharkanThe equity markets in the Asia-Pacific (APAC) region were trading in the green, even as the Dow Jones Industrial Average continued its losses for the third consecutive day. Japan’s Nikkei 225 was trading 29 basis points (bps) higher while th.....
Bitcoin surges 16% as El Salvador makes crypto a legal tender
June 10, 2021 11:26 AM AEST| By Chitranjan KumarIn a major boost for the cryptocurrency market, El Salvador has officially adopted Bitcoin as a legal tender after Congress gave its nod to President Nayib Bukele’s proposal to embrace the digital coin. With this, the Central American nation .....
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US Stocks Edge Lower As Financials, Industrials Slip
June 10, 2021 12:13 AM CEST| By Sanjeeb BaruahBenchmark US indices closed lower on Wednesday after financials, industrials, and consumer stocks led a broad retreat in the markets amid mixed global and domestic cues. The S&P 500 was down 0.18% to 4,219.55. The Dow Jones shed 0.44% to 34,447....
What China’s record factory-gate prices mean for global economy
June 09, 2021 11:34 AM CEST| By Chitranjan KumarSummary China’s factory-gate prices hit a 12-year high in May on higher commodity prices. The producer price index (PPI) rose to 9% in May, up from 6.8% reported in April 2021. The consumer price index surged to 1.3% in May, compared to .....
Bitcoin Is Now A Legal Tender In El Salvador
June 09, 2021 05:42 PM AEST| By Ipsita SarkarIn a bold move, President Nayib Bukele-led El Salvadoran passed the Bitcoin Law, allowing the use of the world’s largest cryptocurrency as a legal tender, alongside the US dollar. The small Central American nation is now the only country glob.....
Climate Commission advises NZ Government on meeting low-emission goal
June 09, 2021 09:15 AM CEST| By Neha SimpySummary Climate commission advised the Government, outlining ways to achieve its climate related objectives. The New Zealand Government has time until December this year to establish the initial three emissions budgets out to 2035. PM Ardern o.....
COVID-19 vaccine booster shots: do we really need them?
June 09, 2021 07:00 AM CEST| By Tripti JoshiSummary There’s been a lot of discussion around COVID-19 booster shots, considering the emergence of new variants in recent months. Experts highlight that people will likely need a third dose, or a booster shot, of the COVID-19 vaccine af.....
New Zealand’s Auckland tops the chart of EIU’s Annual Global Liveability list
June 09, 2021 06:55 AM CEST| By Jasmine AnandSummary Auckland tops the rankings for the most liveable city globally, replacing Vienna, which had been holding the position since 2018. The Kiwi nation fared well in the list because of its successful policies in eliminating the pathogen with.....
APAC markets mixed as China inflation soars to 12-year high
June 09, 2021 05:53 AM CEST| By Furquan MoharkanSummary APAC markets are mixed with the Japanese and South Korean markets trading in the red. China factory gate inflation surges to highest in 12-years. Philippine markets are the best performers in the region. The equity markets in the .....
March 2021 quarter sees a jump in electricity, wholesale sales in New Zealand
June 09, 2021 04:07 AM CEST| By SonalThe business financial data released today revealed actual sales values of 26 industries for the March 2021 quarter . The data comprises purchases, sales, wages and salaries as well as operating profit from most market industries in the NZ economy....
US revises travel ratings for 110 nations; eases restrictions
June 09, 2021 03:43 AM CEST| By Furquan MoharkanIn a major sigh of relief for the sports lovers across the world, the US has eased travel restrictions on over 110 countries including Japan, just before the start of the Olympics. The new ratings by the US Centers for Disease Control and Prevention...
Bitcoin tumbles 8% after US nabs US$2.3M crypto ransom from Colonial hackers
June 09, 2021 03:03 AM CEST| By Supriya KumariIn yet another cryptocurrency meltdown, Bitcoin prices tanked overnight once again, as officials in the US were able to recover most of the ransom paid to hackers that targeted Colonial Pipeline – the largest pipeline system for refined oil pro...
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US Stocks Wobble On Inflation Worries
June 08, 2021 11:49 PM CEST| By Sanjeeb BaruahUS stocks saw subdued trade in Tuesday’s session, with all major indices ending flat as inflation worries weighed on the markets. The S&P 500 was up 0.02% to 4,227.26. The Dow Jones declined 0.09% to 34,599.82. The NASDAQ Composite gained...
All you need to know about stablecoin
June 08, 2021 08:24 PM AEST| By Daniel Paul JohnsSummary The unstable tendency of many cryptocurrencies has caused investors to search for safer alternatives. One such alternative, which is currently on the radar, is a crypto called stablecoin. What separates stablecoin from other cryptocurre.....
AMC, GameStop, other meme stocks delivered multibagger returns in 2021
June 08, 2021 11:31 AM CEST| By Chitranjan KumarSummary AMC, GameStop, BlackBerry and other meme stocks ended higher on Wall Street on Monday. AMC shares have rallied 2,636% in 2021, while GameStop has zoomed over 1,500% year to date. The valuation of meme stocks is based on social media hy.....