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World news
What is fintech and what are its major applications?
August 07, 2021 12:15 AM AEST| By Sonal SinhaSummary Fintech, or financial technology, refers to emerging technologies that help financial institutions enhance the delivery of their services. Fintech supports customers, corporates, and business owners better manage their financial o.....
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Covid vaccine: Why Novavax's approval process is getting delayed
August 06, 2021 08:47 PM AEST| By Kamalika GhoshSummary Novavax Inc announced that it would delay its application for emergency use authorisation to FDA until Q4. The company said it has filled for regulatory authorisation in India, Indonesia and the Philippines. The share prices of t.....
How are APAC markets faring on the last day of the week?
August 06, 2021 06:43 PM AEST| By Furquan MoharkanThe equity markets across the Asia-Pacific (APAC) region, with exception of Japan and Australia, were trading in the red. The negative sentiment in the markets crept as investors awaited the release of a closely watched US jobs report. The private s...
Important steps to safeguard your business from cyber attacks
August 06, 2021 03:55 PM AEST| By Sonal SinhaSummary Despite advancements in technologies, cyber attacks remain a significant concern for governments, businesses, and people. Malware, phishing, denial of service attacks, password cracking, ransomware are the common forms of cyber attack. .....
Why WHO wants rich nations to defer COVID-19 booster jabs
August 06, 2021 01:59 PM AEST| By Team Kalkine MediaThe outbreak of the COVID-19 pandemic saw no bounds. The virus did not discriminate on the basis of gender, religion, or riches. By the same token, our response to the pandemic too needs to be even-handed if we wish to end it. However, the present .....
Biden revs up EV push, sets goal for 2030
August 06, 2021 12:53 PM AEST| By Furquan MoharkanUS President Joe Biden aims at making half of the country’s auto fleet electric by 2030, in a bid to slash US greenhouse gas emissions. Mr Biden signed an executive order on Thursday setting the move into motion. “I’m signing an e...
Look at these five attractive global penny stocks
August 06, 2021 12:49 PM AEST| By Jasmine AnandSummary Penny stocks are a preferred choice of investment for small-time investors and newcomers to stock markets. Chinese education giant, OneSmart International Education Group, has planned its Annual General Meeting in August end. Sundial G.....
What exactly is London Hard Fork and how will it transform Ethereum?
August 06, 2021 12:16 PM AEST| By Furquan MoharkanThe world’s second largest cryptocurrency, Ether, is set to see an upgrade as open-source blockchain Ethereum has undergone a major revamp in the form of ‘London Hard Fork’. The upgrade was done on 5 August 2021 and since then the p...
Robinhood fails to win investors on NASDAQ debut
August 05, 2021 04:45 PM AEST| By Team Kalkine MediaSummary The share price of Robinhood Markets Inc on its first day of trading closed at US$34.82, which is 8.36% less than the Company’s initial public offering price of US$38.00. Robinhood Market Inc shares are trading on Nasdaq under the.....
What’s happening in APAC markets today?
August 05, 2021 03:00 PM AEST| By Furquan MoharkanThe equity markets across the Asia Pacific (APAC) region were mixed on Thursday, with Japan and Australia basking in the green, China mixed and South Korea in the red. Investors were closely tracking the Hong Kong-listed shares of firms related to t...
Tencent CEO Pony Ma has US$14 billion wiped off his fortune; here’s why
August 05, 2021 12:48 PM AEST| By Furquan MoharkanMa Huateng, also known as Pony Ma, is the founder and Chief Executive of Asia tech major Tencent Holdings Ltd. Mr Huateng is among the top six richest Asians – just one rank below Jack Ma of Alibaba Holding Ltd. But he seem to be running out o...
Robinhood shares rally 100% this week
August 05, 2021 11:09 AM AEST| By Furquan MoharkanShares of California-based American financial services company Robinhood Markets Inc (NASDAQ:HOOD) have rallied 100% in the current week, as the stock surged by a whopping 50.41% overnight in Wall Street. During the day, the trading of the company&r...
These 10 European companies are taking business world by storm
August 05, 2021 10:02 AM AEST| By Jasmine AnandSummary Europe being a technically advanced continent, boasts some of the biggest companies across the globe, which are also leaders in their respective market segments. Nestle, a consumer goods company, has a huge variety of products liked by .....
APAC markets mixed: ASX200 tries to shed policy blues, China tech tumbles
August 04, 2021 02:30 PM AEST| By Furquan MoharkanSentiments in the equity markets across the Asia Pacific region were mixed on Monday as investors got mixed cues from different countries. Morgan Stanley Capital International’s broadest index of Asia-Pacific shares outside Japan traded 1.46%...
Deadlier than Spanish Flu? Global COVID-19 caseload tops 200 million mark
August 04, 2021 12:53 PM AEST| By Furquan MoharkanThe ongoing COVID-19 pandemic has breached yet another unwanted milestone in its one-and-a-half-year life: more than 200 million people have contracted the virus. Yes, on Tuesday, as the world reported 601,293 fresh daily cases and almost 10,000 dai...
What do we mean by medical billing and coding?
August 04, 2021 12:03 PM AEST| By Tripti JoshiSummary Medical billing and coding help healthcare facilities manage insurance claims, invoices, and payments. In medical coding, the billable information is extracted from clinical documentation, and medical billing uses those codes to generat.....
Australia’s biggest buyout: What you need to know about Square-Afterpay takeover deal
August 03, 2021 03:49 PM AEST| By Furquan MoharkanCalifornia-based financial services and digital payments company Square Inc (NYSE:SQ) has announced its acquisition of Australian Fintech major Afterpay Ltd (ASX:APT). With the transaction valued at US$29 billion (AU$39 billion), this is the biggest...
APAC markets open mixed ahead of RBA decision
August 03, 2021 11:34 AM AEST| By Furquan MoharkanThe equity markets in Asia-Pacific (APAC) region traded mixed on Tuesday morning as investors are keenly looking out for the Reserve Bank of Australia’s latest monetary policy decision. In Japan, the benchmark Nikkei 225 slipped 0.34% in early...
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The burgeoning fame of "buy now, pay later" entices a US$29 billion deal between Square and Afterpay
August 02, 2021 10:09 PM AEST| By Team Kalkine MediaSummary In a US$29 billion agreement, Square will purchase Australia's Afterpay. Square and Afterpay had inked a Scheme Implementation Deed following the requirements of a court-approved Scheme of Arrangement. Afterpay will accelerate Square's.....
Why to keep an eye on the 6 global stocks in 2021?
August 02, 2021 04:22 PM AEST| By ManikaInvestors today prefer to build their portfolio by diversifying their risks. There are several opportunities for investing in stocks of other countries these days. Gone are the days when it was unthinkable to invest in stocks of foreign companies s.....
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