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Mixed open for APAC markets; China’s PMI data out
May 31, 2021 06:17 AM CEST| By Furquan MoharkanThe equity markets across the Asia Pacific (APAC) region were a mixed bag on Monday, as China reported less-than-expected growth in its manufacturing activity. Mainland Chinese stocks were in the red, with the Shanghai Composite down by 20 basis p.....
COVID-19: The Latest World Wrap-Up
May 31, 2021 05:09 AM CEST| By RomaSummary Asian countries still deep under the COVID-19 fire. The US hits an all-time low COVID-19 infection rate. Efforts being made by governments to help travel recovery. With over a year of the world struggling with the coronavirus pand.....
What are Rare Earth Elements and what’s their strategic significance?
May 31, 2021 05:03 AM CEST| By Team Kalkine MediaSummary Rare earth elements (REE) are a set of 17 metallic elements, which are not rare despite what the name suggests. REEs are widely used in the manufacturing of consumer electronics, medical equipment, electric vehicles, and defence and cle.....
Global Markets: Key events to watch out for this week
May 31, 2021 05:01 AM CEST| By Furquan MoharkanIt was a mixed bag for the global markets last week – with gains and corrections. However, with a barrage of macro numbers likely this week, markets would be reacting more frequently than ever. Here are four key events of the week: Australia...
Climate Change Commission delivers final report to New Zealand Government
May 31, 2021 04:27 AM CEST| By SonalSummary Climate Change Commission will give the final plan to cut carbon emissions to NZ government on Monday. Over 15k submissions have been made on the Commission’s draft advice given in January. Government would require adapting an el.....
Will China Take Centrestage in Talks Between Scott Morrison and Jacinda Ardern?
May 31, 2021 04:07 AM CEST| By ManikaAustralia's Prime Minister Scott Morrison is visiting New Zealand from Sunday for high-level talks with its neighbouring country after New Zealand signaled that it was backing Australia in its dispute with China on barley tariffs. &n.....
Bitcoin at $35K, Ethereum at $2300: Why prices of cryptocurrencies are falling
May 30, 2021 04:51 PM AEST| By Chitranjan KumarThe cryptocurrency market continued a bearish trend on Sunday following a roller-coaster week of trading, with major digital currencies such as Bitcoin and Ether witnessing a drop in their value, triggered by a growing crackdown in China and rising.....
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How Cryptocurrencies as Form of Payment can Potentially Benefit Consumers & Businesses
May 30, 2021 12:54 AM AEST| By DaminiSummary There is a growing debate around the implications of using cryptocurrencies as a form of payment over the coming years. While highly volatile in terms of trading, cryptocurrencies can offer several advantages to consumers and businesses.....
What has the COVID-19 pandemic taught us? A look at five key lessons
May 29, 2021 04:41 PM CEST| By Tripti JoshiSummary The ongoing global COVID-19 crisis has underlined the requirement of international collaboration to combat any global pandemic. Social distancing has become a buzzword worldwide, with the importance of practising hygiene highlighted mor.....
E-Mobility firm Tritium to list on Nasdaq: Here’s all you need to know
May 29, 2021 04:26 PM CEST| By Chitranjan KumarAustralian electric vehicle fast-charger Tritium has decided to go public in the United States through a special purpose acquisition company (SPAC) route, valuing the company at US$1.2 billion (AU$1.55 billion). .....
US Stocks Rise On Budget Hopes, Inflation Data
May 28, 2021 11:35 PM CEST| By Team Kalkine MediaAll benchmark US indices closed the week with modest gains on Friday as investors weighed the Federal Reserve’s new inflation data and President Joe Biden’s first federal fiscal budget for 2022. The S&P 500 was up 0.08% to 4,204.11....
Explained: Climate Change and the Role of Mining Industry
May 28, 2021 11:37 AM CEST| By Team Kalkine MediaSummary The Paris Agreement on climate change has laid down a long-term goal of lowering the global average temperature by 20C compared to pre-industrial levels. Produced primarily from industrial activities, carbon dioxide emissions contribute.....
Where will you get Cash Prize Money to get Vaccinated?
May 28, 2021 11:17 AM CEST| By Kiara KhannaCalifornia has announced one of the most luring vaccination lottery program called VAX FOR THE WIN today. Governor of California Gavin Newson revealed the state vaccine lottery of more than 116 million dollars in cash prizes to fully vaccinated Cal.....
APAC markets rally on Wall Street cues, ASX200 rises 1.16%
May 28, 2021 07:33 AM CEST| By Furquan MoharkanSummary Asian markets rally, following cues from Wall Street. Japan leads the rally with 2.11%. Australia is the third best performer in the region. The equity markets in the Asia-Pacific (APAC) rallied on Friday morning on the back of st.....
How climate change policies are impacting oil giants: opportunity vs risk
May 28, 2021 06:48 AM CEST| By Team Kalkine MediaSummary The oil & gas sector needs to address the global calls for lowering carbon emissions. The sector’s operations and the products produced create considerable global emissions. The introduction of climate change policies can hel.....
Should organizations pay wages in bitcoin?
May 28, 2021 02:21 PM AEST| By Sonal SinhaCryptocurrency is digital money considered safer than real money. Cryptocurrencies use cryptography to make the transaction secure. They first came into existence in 2009. Since then, there has been a massive surge with thousands of cryptos current.....
Victoria Declares Week-Long Lockdown, Kiwi Travellers Concerned
May 28, 2021 05:50 AM CEST| By RomaSummary Week’s Lockdown declared in Victoria. Kiwis urged to stay put and follow guidelines. Travellers from Melbourne asked to isolate in NZ. A recent update says there is going to be a weeklong lockdown in Victoria, and this.....
Africa’s predicament: WHO says the continent needs 20mn vaccine jabs urgently
May 28, 2021 05:21 AM CEST| By Tripti JoshiCOVID-19 vaccination campaigns across Africa are facing significant delays because of Oxford-AstraZeneca’s COVID-19 vaccine export ban imposed by India as the country grapples with the rapidly spreading strains of coronavirus. Oxford-As.....
New Zealand’s Filled Job Numbers Hit a New High in April 2021
May 28, 2021 04:21 AM CEST| By SonalSummary Stats NZ revealed that filled jobs rose and hit a new high in April 2021. Construction, healthcare and construction were amongst the biggest drivers of the increase in filled job numbers. Filled jobs have resumed to a more upward trend.....
NZ raise Concerns over growing Dependence on the Chinese market
May 28, 2021 03:15 AM CEST| By Jasmine AnandThe Jacinda Ardern-led government does not want to take the nation to a trade conflict with China; the same that one can witness between its neighbouring country, Australia, and China in the current times. Source: © Nionx | Megapixl.com Ne.....