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Why is FreeRiver grabbing the spotlight?
September 21, 2021 05:09 PM AEST| By Team Kalkine MediaChoosing the best cryptocurrency involves choosing an exchange or trading platform that supports deposit and withdrawal of the local fiat currency, hence it is important to consider all factors before starting our investment. The global cryptocurr.....
China holiday softens Evergrande crisis impact on investors
September 21, 2021 04:39 PM AEST| By Furquan MoharkanHighlights Japanese Indices have crashed 1.5% after a long weekend. Chinese share markets are closed on account of holiday. The ASX has recovered by 26 basis points. Equities in the Asia-Pacific (APAC) region were mixed in Tuesday’.....
A Peek into latest developments in General Insurance sector
September 21, 2021 03:29 PM AEST| By Sonal SinhaHighlights The Australian general insurance industry offers insurance coverage to insurers and reinsurers for various property and vehicle, travel, and directors and officers. ICA has announced measures to improve the affordability and availabi.....
Will France retaliate by hampering EU-Australia FTA?
September 21, 2021 03:06 PM AEST| By Team Kalkine MediaHighlights The Australian Trade Minister – Dan Tehan calls the ongoing diplomatic crisis between France and Australia a “business as usual”. Britain and Australia insisted the diplomatic crisis would not affect the French-Aus.....
Why should world worry about Evergrande collapse?
September 21, 2021 12:58 PM AEST| By Furquan MoharkanHighlights Fears of default are looming large for China’s Evergrande Group. The property developer owes US$305 billion in debt across markets. This would be the biggest test for China’s financial system in years. In August of .....
Buy cheap, be a winner, says El Salvador’s Bukele as Bitcoin prices dip
September 21, 2021 10:21 AM AEST| By Sanjeeb BaruahEl Salvadorian President Nayib Bukele has doubled his bets on Bitcoin as the cryptocurrency prices fell in recent days, asserting that one can never lose by buying them cheap. "This can never beat you if you buy the dips," Bukele tweeted. Althoug.....
Why has Biden’s approval rating fallen to the lowest?
September 21, 2021 05:00 AM AEST| By Toshiva JainHighlights A recent poll magnified people’s attitude towards Biden’s government. It showed that most people are dissatisfied with Biden’s performance. The poll revealed that around 71% Americans believe that the USA&rsqu.....
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.....
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