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Economy
Should Australia take a leaf out of India’s book to handle economy amid COVID-19?
August 23, 2021 12:10 PM AEST| By Furquan MoharkanBack in November 2018, when Australian Prime Minister Scott Morrison and Indian Prime Minister Narendra Modi adopted the India Economic Strategy 2035 at Hotel Amora Jamison in Sydney, an excited Mr Morrison spent a considerable part of speech on his...
Are NZ retail companies feeling the heat of level 4 lockdown?
August 21, 2021 06:00 AM AEST| By RomaHighlights Retailers are concerned about the new Delta variant, which is potentially more transmissible. The government urged to clarify what qualifies as an essential service, amidst the Level 4 lockdown announcement. Prime Minister says it i.....
The week ahead: Key economic events to watch
August 20, 2021 06:43 PM AEST| By Team Kalkine MediaHighlights The recent wave of the Delta variant has posed a significant roadblock in the path to global economic recovery. The key economic announcements lined up ahead would provide better insight into how world leaders are planning to fight t.....
Canada snap election 2021: How a Tory win could impact stock markets
August 20, 2021 01:39 AM AEST| By Ankit SethiHighlights Progressive Conservatives have upset the Liberal party in the Nova Scotia snap election. Conservatives are promising billions of dollars in new spending and balancing the budget. The Canadian stock market growth is owed to t.....
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Afterpay Day 2021: Check out the best fashion and tech deals
August 19, 2021 04:31 PM AEST| By AshishHighlights Afterpay is back with its sale event, which occurs twice a year. The four-day Afterpay sale, which began at 7 AM (AEST) on 19 August, is offering discounts as high as 70% on popular brands. Major deals are spread across fashion, bea.....
A quick look at 10 most influential economists
August 19, 2021 12:27 PM AEST| By Team Kalkine MediaAs a field of study, economics has taken a diverse path over years, which is characterised by rapid developments and changing philosophies. Meanwhile, the field has witnessed several monumental changes/new ideologies over the course of time and has.....
RBNZ Governor faces a tough choice in view of Level-4 lockdown
August 18, 2021 09:32 AM AEST| By ManikaIn view of new cases of Coronavirus in Auckland city and resultant Level-4 lockdown, the Reserve Bank Governor will face a difficult choice in deciding whether to hike the OCR now or not. A rate hike which looked imminent some days back due t.....
Canada snap election 2021: How a Liberal win could impact stock markets
August 18, 2021 01:59 AM AEST| By Ankit SethiHighlights Liberals are in favor of increased government spending amid the shock of the pandemic. The S&P/TSX Composite Index touched the 20,000-level for the first time in June 2021. The Opposition has criticized the Federal Budge.....
Canada snap election 2021: Here is all you need to know
August 17, 2021 12:37 AM AEST| By Ankit SethiCanadian Prime Minister Justin Trudeau has announced that the country will be heading for a snap election next month, an announcement that has left many intrigued. What is a snap election? A snap election, as the name plainly suggested, is a poll.....
What is greenwashing?
August 16, 2021 11:24 PM AEST| By Kamalika GhoshThe Boris Johnson government has announced that it would go for a review on how energy retailers are marketing ‘green’ electricity tariffs to consumers amid growing concerns that many companies are exaggerating how ecofriendly their pro.....
RBNZ to raise OCR on Wednesday, by how much, is the question?
August 16, 2021 01:06 PM AEST| By ManikaThe latest employment numbers announced by Stats NZ reinforced the expectations of economists and analysts alike on the news of interest rate hike by the Reserve Bank of New Zealand (RBNZ). Some have been talking of a double hike of the official Ca.....
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How are low interest rates helping Canada & US?
August 13, 2021 11:30 PM AEST| By Ankit SethiHighlights In March 2020, the Bank of Canada cut its benchmark interest rates to 0.25 per cent. In the wake of the pandemic, the US Federal Reserve has also maintained interest rates at record-low levels. Inflation is high in both the US and C.....
The week ahead: Key economic data to watch
August 13, 2021 05:33 PM AEST| By Team Kalkine MediaSummary Most countries remain positioned to face higher levels of inflation as economic recovery takes shape across the globe. The economic revival has not been uniform across nations, with some countries still struggling to contain the v.....
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When will Australia lift international travel ban?
August 13, 2021 04:26 PM AEST| By AshishSneh Gandha, a 63-year-old from Jalandhar, India, has been, without fail, tracking updates daily on the existing coronavirus scenario in Australia. Her elder son Sumeet resides in Sydney, the capital city of New South Wales (NSW), which was last he.....
US home prices refuse to cool down as demand-supply woes continue
August 13, 2021 08:54 AM AEST| By Team Kalkine MediaHighlights The median home prices rose by more than 10% in most of the metro areas surveyed by NAR. At a national level, the average sales price of a single-family existing home rose by 22.9% in the quarter to US$357,900 compared to figures in .....
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How UK’s fintech sector reached an all-time high
August 12, 2021 08:05 PM AEST| By Kamalika GhoshFinancial technology, or fintech, is a globally emerging industry which uses technology to enhance and improve the delivery of financial services and related processes. UK’s fintech investments have recently hit a new record after its £.....
US inflation rises slowly in July but remains at a 13-year high
August 12, 2021 04:42 AM AEST| By Team Kalkine MediaSummary The data showed the consumer price index (CPI), which measures the average change in prices, rose marginally by 0.5% last month compared to 0.9% in June. In July, prices for used cars and trucks rose by 0.2%, indicating a sharp drop fro.....
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UK’s fintech investments hit a record £17.7 billion in H1 2021, KPMG report
August 11, 2021 09:43 PM AEST| By Suhita PoddarUK’s fintech sector investment reached £17.7 billion ($24.5 billion) in H1 2021, making the country the second-largest fintech investment hub in the world behind the US, where investment for the same period stood at $42.1 billion, accor.....
How will the Melbourne lockdown affect the economy?
August 11, 2021 06:01 PM AEST| By Daniel Paul JohnsSummary Victorian Premier Daniel Andrews has extended Melbourne’s lockdown by another week. Yesterday, Victoria recorded 20 newly acquired COVID-19 cases from 41,571 test results. The federal government said the country would reopen agai.....
5 things that markets can expect from this week’s US inflation data
August 10, 2021 05:07 AM AEST| By Team Kalkine MediaSummary The latest consumer and producers price index figures will be out this week. The Federal Reserve might announce a timeline for tapering monetary stimulus. The robust July jobs report released on August 6 will play a role in Fed’s.....
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