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Kabul suicide blasts: Biden vows to retaliate as IS claims responsibility
August 27, 2021 01:22 PM AEST| By Furquan MoharkanUS President Joe Biden has pledged to retaliate against the perpetrators of Thursday’s attack outside Kabul Airport, that killed dozens, including 13 US servicemen. Terror group Islamic State in Khorasan Province (ISIS-K) – an offshoot o...
Tech giants pledge billions to beef up cybersecurity
August 27, 2021 11:53 AM AEST| By Team Kalkine MediaWe may have come far ahead in the field of technology, but our tech products remain vulnerable to threats posed by hacking and cybercrimes. From WhatsApp chats to the most advanced artificial intelligence elements, everything that we are dependent .....
Tim Cook hits paydirt, pockets US$750 million worth of Apple shares
August 27, 2021 11:01 AM AEST| By Furquan MoharkanTim Cook, CEO of Apple Inc (NASDAQ:AAPL), has received 5.04 million Apple shares this week, selling most of the stock for over US$751 million, the filings by the company showed. The tranche of 5 million shares is the last leg of the compensation pac...
COVID-19’s ugly milestone: Australia, NSW breach 1,000-daily infections mark
August 26, 2021 03:49 PM AEST| By Furquan MoharkanThe COVID-19 pandemic has taken an ugly turn in Australia, as fresh daily cases in the country, as well as the worst-hit New South Wales province breached the 1,000 mark for the first time since the onset of the pandemic. NSW, which has Sydney as it...
Asia-Pacific shares in red as South Korea hikes interest rate, Australia’s COVID-19 woes worsen
August 26, 2021 03:13 PM AEST| By Furquan MoharkanShares in the Asia-Pacific region were mostly subdued as South Korea became the first developed country to hike interest rates in the pandemic era. In South Korea, benchmark KOPSI corrected 0.75% after the country’s central bank hiked the in.....
New entrant in big league: Cardano becomes third-largest cryptocurrency
August 26, 2021 10:38 AM AEST| By Furquan MoharkanCardano, the digital currency, has taken over Binance’s native digital coin as the world’s third-largest cryptocurrency, as its price touched an all-time high. At a current market capitalisation of US$88 billion, it is almost 5% more t.....
Asia-Pacific shares mixed: Sensex at an all-time high, ASX miners rally
August 25, 2021 06:18 PM AEST| By Furquan MoharkanAsia-Pacific stocks were mixed on Wednesday, as optimism continued to drive stocks, with India’s Sensex touching a record high and a rally in the shares of Australian miners. India’s premier benchmark – the BSE Sensex – touch...
Will Bitcoin’s fast recovery fizzle out?
August 25, 2021 02:10 PM AEST| By Furquan MoharkanA rally of over 100%, then a crash of over 100%, and now rallying back by close to 100%. Yes, there is one such asset class which has been so volatile in just eight months of this year – and it is Bitcoin. Bitcoin has given year-to-date return...
Airbnb (NASDAQ:ABNB) extends temporary housing support to Afghan refugees
August 25, 2021 12:55 PM AEST| By SonalHighlights Airbnb has come forward to give free housing to 20K refugees from Afghanistan. The step comes as people vacate from Taliban-controlled Afghanistan. The US has evacuated nearly 60,000 people from Afghanistan since 14 August. Vac.....
Why Pfizer COVID-19 vaccine is hitting the headlines again
August 25, 2021 12:35 PM AEST| By Furquan MoharkanThe United States Monday gave full approval to Pfizer's COVID-19 vaccine, which had earlier been given emergency use authorisation by the Food and Drug Administration (FDA). The full authorisation of the Pfizer’s shot for people aged 16 years...
Microsoft shares hit record high after Office 365 price hike
August 24, 2021 06:24 PM AEST| By Team Kalkine MediaHighlights Microsoft shares scaled new heights on Monday after it announced a price hike for Office 365 subscriptions for its business clients. MSFT shares rose 0.1% to close at a record high of US$304.65, while market capitalisation surged to .....
US evacuates 11,000 people from Afghanistan in 30 hours
August 24, 2021 04:42 PM AEST| By Furquan MoharkanIn what could be one of the most crucial state-sponsored evacuation programmes in the history, US has evacuated 11,000 people from Afghanistan in the last 30 hours. Since 14 August 2021, a day before the country’s capital fell to Taliban, the...
APAC markets buoyed on Pfizer COVID-19 vaccine’s FDA milestone
August 24, 2021 03:34 PM AEST| By Furquan MoharkanEquity markets in the Asia Pacific (APAC) region on Tuesday picked up from where they left on Monday, as the rally in the indices continued on the back of the US Food and Drug Administration’s (FDA) full approval of Pfizer and BioNTech’s...
Pfizer-BioNTech’s COMIRNATY® becomes the first US FDA-approved COVID-19 vaccine
August 24, 2021 01:03 PM AEST| By Tripti JoshiIn what could be considered a significant milestone in the fight against the deadly COVID-19 pandemic, the US Food and Drug Administration (FDA) has given the green light to Pfizer-BioNTech’s COVID-19 vaccine. On 23 August, Pfizer (NYSE:PFE).....
Is Australian EV market on the path to boom?
August 24, 2021 06:15 AM AEST| By Team Kalkine MediaThe year 2020 saw global sales of electric vehicles surge by 41% to almost 3 million, according to IEA (International Energy Agency). This decline was contrasting to the 6% overall decline in vehicle sales. According to the Global EV Outlook 2021 r.....
APAC markets start the week on a high, major indices surge 2%
August 23, 2021 06:21 PM AEST| By Furquan MoharkanEquity markets in the Asia Pacific (APAC) region were rallying on Monday morning after the Hong Kong markets bounced back from last week’s bearish trend. By Monday afternoon, the benchmark Hang Seng Index of Hong Kong was trading 1.78% higher,...
How have emerging markets fared in 2021?
August 23, 2021 12:49 PM AEST| By Furquan MoharkanGlobal equity markets have been garnering everyone’s attention. After tanking into bear zone in March 2020, the markets recovered soon and have been witnessing an unprecedented rally for the past 1.5 years now despite the economy being in tatte...
Convalescent plasma therapy for COVID-19: are there any benefits?
August 23, 2021 12:06 PM AEST| By Tripti JoshiHighlights The National Institutes of Health (NIH) recently announced the final results from a study assessing convalescent plasma (CP) therapy in COVID-19 outpatients with early symptoms. The results demonstrated no significant benefit of the .....
Anti-lockdown protests turn violent in Australia; scores arrested
August 22, 2021 11:05 PM AEST| By Team Kalkine MediaHighlights Over 4,000 people took to the streets in Melbourne and Sydney to protest the extension of the covid lockdown. Police arrested some 200 protestors in Melbourne as they attacked the police personnel trying to stop them. Nine cops were .....
How to shield kids from delta variant as they return to school?
August 22, 2021 12:24 AM AEST| By Ankit SethiHighlights From the US to Australia, countries are gripped by the new delta variant. An increased number of people are testing positive for the variant, and hospitalizations are up. The biggest concern is the rise of cases among children and t.....
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