World News

UK mulls ban on China’s investment in the nuclear energy sector

 UK mulls ban on China’s investment in the nuclear energy sector

The UK government plans to bring guidelines for the nuclear power stations that would ban the Chinese firms’ investments in the UK nuclear energy sector. The government’s plan to restrict investment from China is because of security con...

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7 Roadblocks every EV customer is facing

7 Roadblocks every EV customer is facing

Highlights  Electric car sales touched 2.1 million worldwide, surpassing the numbers in 2018. EV adoption is gaining pace across the globe, but there are numerous roadblocks to the adoption of EVs by customers. Overcoming these challenges...

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Why China Evergrande Group shares sank 12% today

Why China Evergrande Group shares sank 12% today

Highlights China Evergrande Group shares nosedived over 12% on Friday. The stock has tumbled 46% in past one month and 83% since the beginning of this year. The real estate giant’s debt deadline for US$83.5 million interest payment elaps...

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How soaring inflation might sway interest rates

How soaring inflation might sway interest rates

Highlights The BoE and Fed have indicated rate hikes and taper early next year. The RBA has already truncated its bond buying programme. Inflation is pushing central banks to adopt hawkish policy. Inflation is running hot and it may drive...

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Internet sensation Chloe Clem to sell her iconic meme as NFT

Internet sensation Chloe Clem to sell her iconic meme as NFT

  • September 23, 2021 11:51 PM PDT
  • Samta

Highlights  The famous iconic meme girl– ‘Side-eyeing Chloe’ again grabbed the attention selling an NFT for thousands of dollars at auction. NFT provides ownership certificate for the digital assets. The 10-year-old girl...

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Debt, mortgage and collateral: Decoding the jargons

Debt, mortgage and collateral: Decoding the jargons

The Evergrande fiasco has brought back the focus on debt, a term that motivates as well as scares people. The Chinese property developer, hit by a severe liquidity crunch, sits on a pile of debt worth US$305 billion – 2.1% of the country&rsquo...

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US stocks march on, lifted by business optimism

US stocks march on, lifted by business optimism

Benchmark US indices closed higher for the second consecutive day on Thursday, September 23, lifted by positive sentiments from Fed’s economic outlook. The S&P 500 was up 1.21% to 4,448.98. The Dow Jones rose 1.48% to 34,764.82. The NASDAQ...

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Why is Blizzard Network in limelight today?

Why is Blizzard Network in limelight today?

  • September 23, 2021 03:18 AM PDT
  • Samta

Highlights  Global industries are continuously looking out to adapt with cryptocurrency as the prices of digital currencies continue to surge across the globe. Reimagined yield farming surged in the cryptocurrency market with Blizzard net...

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Unique Crypto asset – CAGE in spotlight today

Unique Crypto asset – CAGE in spotlight today

  • September 23, 2021 02:25 AM PDT
  • Samta

Highlights CAGE stands quite apart from the typical meme tokens with zero transaction costs. The C4G3 is a complete Index platform for meme tokens including some top performing meme tokens in the cryptoverse. CAGE is trading 1.42% higher in ...

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Evergrande’s second largest shareholder to sell its entire stake

Evergrande’s second largest shareholder to sell its entire stake

Highlights China Evergrande’s second largest shareholder will sell its entire stake in the company. Chinese Estates has already sold 108 million shares of Evergrande in September. Evergrande shares soared after it made coupon payment on ...

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What causes an earthquake? All you should know

What causes an earthquake? All you should know

On Wednesday, a powerful earthquake rocked southeast Australia – a region consisting of some of the major Australian cities like Sydney, Melbourne and Adelaide. The US Geological Survey – which tracks seismic activities across the globe ...

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