AUS
NZ
UK
CA
USA
FRA
GER
ESP
ITA
NLD
PRT
SWE
GRC
IND
POL
BRA
ZAF
RUS
CHN
UAE
World news
China’s Evergrande isn’t a Lehman Brothers type of crisis: Experts
September 21, 2021 04:49 AM AEST| By Team Kalkine MediaHighlights China’s second-largest real estate firm Evergrande has a debt of US$300 billion. The sharp fall of the company’s stocks dragged down the Hang Seng Index. The investors might opt for the American real estate market over .....
China-Australia: The present and future
September 20, 2021 07:02 PM AEST| By Furquan MoharkanAustralia has recently decided to buy nuclear submarines from the US, as part of a trilateral pact with the US and the UK – called AUKUS. The trigger: growing military influence of China in Indo-Pacific. How is China militarily growing in Indo...
Evergrande executives face “severe punishment” securing early redemptions
September 20, 2021 06:39 PM AEST| By Team Kalkine MediaHighlights Six senior executives of a Chinese property group – Evergrande Real Estate Limited face severe punishment for securing early redemptions. The company owes an estimated US$300 billion to the other suppliers and creditors. Everg.....
Evergrande woes resonate in Wall Street: Dow, S&P futures in red
September 20, 2021 06:23 PM AEST| By Furquan MoharkanHighlights Wall Street options trading in red ahead of the market open US indices have now logged three consecutive weekly losses Evergrande woes weigh heavy in Wall Street US futures were trading in the red on early Monday morning after .....
Has AUKUS caused an irreparable dent in Australia-France relationship?
September 20, 2021 06:21 PM AEST| By Furquan MoharkanHighlights French and other NATO countries are at loggerheads with each other. The French are upset about Aussies unilaterally scrapping the NATO deal This has caused clear fissures in NATO In 2014, they were fighting shoulder to shoulder.....
What’s behind Hong Kong bloodbath? Evergrande sinks to all-time-low, Hang Seng Property bleeds
September 20, 2021 05:31 PM AEST| By Furquan MoharkanHighlights Evergrande shares have crashed to an all-time low; Hang Seng Index is at 52-week low; and Hang Seng Property Index has sunk to its lowest since the global recession. Other Chinese property stocks are also down by double digits in int.....
Australia Post to hire 5,000 people to meet its Christmas target
September 20, 2021 02:00 PM AEST| By Team Kalkine MediaHighlights Australia Post has expanded its recruitment drive with an aim to hire to hire 5,000 more people around Christmas. The vacancies are available across every state and territory across the country for wide range of posts. Australia Pos.....
Why did Christian Porter resign, dashing his prime ministerial aspirations?
September 20, 2021 12:50 PM AEST| By Team Kalkine MediaThe Minister for Industry, Science and Technology - Christian Porter, has resigned from Scott Morrison’s ministry a week after admitting using blind trust for his legal suit against news channel ABC. Porter had to decide between quitting fro.....
Facebook responds to WSJ’s accusations
September 19, 2021 05:02 PM AEST| By Neha SimpyHighlights Recently, Facebook has reacted to the allegations made by the Wall Street Journal. WSJ’s one of the allegations were on FB owned Instagram affecting mental health. FB’s vice-president of global affairs acknowledged the c.....
Why is France upset over Aukus submarine deal?
September 19, 2021 04:58 PM AEST| By Neha SimpyHighlights Lately, Australia has inked Aukus deal with the US and the UK, providing Australia the technology to develop submarines with nuclear powers. Reacting to the deal France recalled two of the French ambassadors to the US and Australia t.....
Space X’s Inspiration4 alights successfully on Earth after 3-day mission
September 19, 2021 04:56 PM AEST| By Neha SimpyOn Saturday, 18 September, a crew of four individuals made a safe come back to the planet Earth post orbiting in space for 3 days. After landing on Earth, the crew members boarded the helicopter to NASA’s Kennedy Space Center. Source: Copy.....
Jeff Bezos and Elon Musk slug it out in space
September 19, 2021 12:27 AM AEST| By Team Kalkine MediaThe equation between Tesla Inc (NASDAQ:TSLA) CEO Elon Musk and the Amazon Inc (NASDAQ:AMZN) founder Jeff Bezos has been publicly sour for the last 15 years. Recently, the two executives clashed over their respective pursuits for glory in the .....
COVID-19 border closures stymie Australia’s population growth
September 19, 2021 12:24 AM AEST| By Furquan MoharkanAustralia’s population growth has slowed to a near-zero level in the year ended March 2021 as international borders have been closed due to the COVID-19 pandemic. The country’s population grew by just 35,700 people (0.1% in the percent.....
Want to pay off your student loan faster? Here’s how, when to start
September 19, 2021 12:01 AM AEST| By Sanjeeb BaruahStudent loan debt in the US stood at a staggering US$1.54 trillion last year, an all-time high. So, if you are worried about your loan repayment, you are not alone. Millions of students are currently facing such challenges, with the covid pandemic .....
China’s Evergrande debt bomb: Here’re key developments
September 18, 2021 12:38 PM AEST| By Sanjeeb BaruahHighlights Chinese real estate giant Evergrande Group has a debt of US$300 billion. It is under a severe cash crunch and signaled it out this week, worrying investors. Evergrande’s rating has been downgraded by Fitch, Moody last week, an.....
.jpg)
World Bank to discontinue ‘Doing Business’ report after data row
September 18, 2021 12:32 PM AEST| By Team Kalkine MediaHighlights The World bank on Thursday said it will discontinue its Doing Business report. The report ranks countries based on ease of doing-business and other parameters. IMF chief Kristalina Georgieva is accused of pressuring staff to improve.....
A week when APAC markets were in mostly in red
September 17, 2021 09:44 PM AEST| By Furquan MoharkanThe Asia Pacific markets were mostly in red during the week amid regulatory concerns surrounding sectors such as technology and casinos in China and the COVID-19 pandemic in Australia. The Morgan Stanley Capital International (MSCI), which is the .....
China requests to join Pacific trade pact with eyes on boosting economic clout
September 17, 2021 07:52 PM AEST| By Team Kalkine MediaHighlights China applies to join Asia - Pacific trade pact to boost economic position. Created by the US to counter Chinese influence, the pact eventually became the Comprehensive and Progressive Agreement for Trans-Pacific Partnership or the .....
Has Australia’s third COVID-19 wave plateaued? Growth of fresh cases dips
September 17, 2021 07:42 PM AEST| By Furquan MoharkanHighlights In the last seven days, fresh cases have grown 8%. The third wave of the pandemic seems to be plateauing. One million doses of Moderna set to be rolled out next week. The growth in fresh COVID-19 cases has slowed down in Austra.....
Sigh of relief for Aussie farmers as adequate rainfall improves farm produce
September 17, 2021 07:33 PM AEST| By Priyanka PayalHighlights The report released by the Agriculture Department’s research branch Tuesday revealed that the farmers in the country are likely to sell AU$73 billion farms produce in the current fiscal year. Poor yields from drought-hit countr.....
Top Penny Picks under 20 Cents to Fit Your Pocket! Get Exclusive Report on Penny Stocks For FREE Now.