World news


 US Stocks Retreat, Weighed Down By Bluechip Stocks 

US Stocks Retreat, Weighed Down By Bluechip Stocks 

June 04, 2021 07:40 AM AEST | By Sanjeeb Baruah

US stock markets closed lower on Thursday, June 3, dragged down by bluechip stocks as investors waited for the latest economic data from the Labor Dep...

 APAC markets trade in green; ASX200 jumps 0.71%

APAC markets trade in green; ASX200 jumps 0.71%

June 03, 2021 04:11 PM AEST | By Furquan Moharkan

Summary Markets in green as investors react to data from Australia and China. South Korean markets are the outperformers. Thai and Hong Kong mark...

 Did Mudrick Capital rush into selling AMC shares?

Did Mudrick Capital rush into selling AMC shares?

June 03, 2021 01:03 PM AEST | By Furquan Moharkan

Summary Meme stock, AMC Entertainment Holdings is once again in news as company raises US$230 million. Mudrick Capital Management, L.P. flips shar...

 The new economy: 6 ways how the coronavirus has changed the global economy

The new economy: 6 ways how the coronavirus has changed the global e...

June 03, 2021 11:25 AM AEST | By Team Kalkine Media

Summary The lockdown period has brought about many necessary innovations and realizations pertaining to better and more efficient ways to conduct b...

 Why AMC shares doubled in one session

Why AMC shares doubled in one session

June 03, 2021 11:16 AM AEST | By Furquan Moharkan

The shares of American movie theatre chain AMC Entertainment Holdings Inc (NYSE:AMC) almost doubled in just one trading session as Reddit-driven frenz...

 How did US stocks perform on Wednesday?

How did US stocks perform on Wednesday?

June 03, 2021 08:13 AM AEST | By Team Kalkine Media

Benchmark US stock indices saw muted gains on Wednesday, although the segments broadly remained subdued as investors took cues from the recent spike i...

 E-commerce giant Amazon supports the MORE Act to legalize cannabis in the US

E-commerce giant Amazon supports the MORE Act to legalize cannabis i...

June 02, 2021 05:22 PM AEST | By Tripti Joshi

Summary Amazon disclosed that it would actively support the MORE Act for the federal legalization of marijuana in the US. The e-commerce behemoth...

 Opinion: India will take years to wipe off the bruise marks wreaked by COVID-19  

Opinion: India will take years to wipe off the bruise marks wreaked...

June 02, 2021 04:50 PM AEST | By Furquan Moharkan

As the second wave of the COVID-19 pandemic seems to be finally receding in India, the trail of tragedies that it has left behind is beyond imaginatio...

 Cyber attacks on the rise in Australia as cyber criminals spare no sector

Cyber attacks on the rise in Australia as cyber criminals spare no s...

June 02, 2021 02:55 PM AEST | By Sonal Sinha

A cyber attack is an intentional and malicious attempt by individuals or corporations to breach an individual’s or a corporation’s informa...

 Explained: The pros and cons of using social media in the healthcare space

Explained: The pros and cons of using social media in the healthcare...

June 02, 2021 11:46 AM AEST | By Tripti Joshi

Summary Social media can be channelized in quite constructive ways to help the healthcare sector. Prudent use of social networking sites and platf...

 Zoom posts blockbuster earnings but cautious of slowdown

Zoom posts blockbuster earnings but cautious of slowdown

June 02, 2021 10:48 AM AEST | By Furquan Moharkan

Summary Revenue almost triples; earnings up 9x The company expects slowdown going forth. Shares zoom in the aftermarket. The revenues of Zoo...

 US Stocks Pull Back Amid Rising Oil Prices

US Stocks Pull Back Amid Rising Oil Prices

June 02, 2021 08:04 AM AEST | By Sanjeeb Baruah

US stock markets closed flat on Tuesday following a lacklustre session as investors took cues from the rising international oil prices that can potent...

 APAC markets mixed; ASX200 drops 0.33% ahead of RBA decision

APAC markets mixed; ASX200 drops 0.33% ahead of RBA decision

June 01, 2021 02:14 PM AEST | By Furquan Moharkan

Summary The APAC markets are trading on a mixed note. Private survey shows Chinese factory activity expanding in May. Investors await interest ra...

 What does the US budget mean for cryptocurrencies?

What does the US budget mean for cryptocurrencies?

June 01, 2021 01:01 PM AEST | By Team Kalkine Media

Summary US President Joe Biden’s budget proposal, released on Friday, includes new reporting requirements for crypto investors, which means t...

 Why Do Markets Not React Much To GDP Data?

Why Do Markets Not React Much To GDP Data?

June 01, 2021 10:59 AM AEST | By Furquan Moharkan

The COVID-19 pandemic wreaked havoc last year, turning the world upside down. While the world economy was probably hammered with one of the worst rece...

 Australia’s richest person for the 2nd year in a row: The story of Gina Rinehart

Australia’s richest person for the 2nd year in a row: The story of G...

May 31, 2021 06:33 PM AEST | By Tripti Joshi

Summary Gina Rinehart has topped the AFR Rich List for the second year in a row, aided by surging iron ore price. In the last two years, Mrs Rineh...

 Mixed open for APAC markets; China’s PMI data out

Mixed open for APAC markets; China’s PMI data out

May 31, 2021 02:17 PM AEST | By Furquan Moharkan

The equity markets across the Asia Pacific (APAC) region were a mixed bag on Monday, as China reported less-than-expected growth in its manufacturing...

 COVID-19: The Latest World Wrap-Up

COVID-19: The Latest World Wrap-Up

May 31, 2021 01:09 PM AEST | By Roma

Summary Asian countries still deep under the COVID-19 fire. The US hits an all-time low COVID-19 infection rate. Efforts being made by government...

 Global Markets: Key events to watch out for this week

Global Markets: Key events to watch out for this week

May 31, 2021 01:01 PM AEST | By Furquan Moharkan

It was a mixed bag for the global markets last week – with gains and corrections. However, with a barrage of macro numbers likely this week, mar...

 Will China Take Centrestage in Talks Between Scott Morrison and Jacinda Ardern?

Will China Take Centrestage in Talks Between Scott Morrison and Jaci...

May 31, 2021 12:07 PM AEST | By Manika

Australia's Prime Minister Scott Morrison is visiting New Zealand from Sunday for high-level talks with its neighbouring country after New Zealand sig...

Two ASX Listed Stocks Giving Bullish Indications

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