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Robinhood shares rally 100% this week
August 05, 2021 11:09 AM AEST| By Furquan MoharkanShares of California-based American financial services company Robinhood Markets Inc (NASDAQ:HOOD) have rallied 100% in the current week, as the stock surged by a whopping 50.41% overnight in Wall Street. During the day, the trading of the company&r...
These 10 European companies are taking business world by storm
August 05, 2021 10:02 AM AEST| By Jasmine AnandSummary Europe being a technically advanced continent, boasts some of the biggest companies across the globe, which are also leaders in their respective market segments. Nestle, a consumer goods company, has a huge variety of products liked by .....
APAC markets mixed: ASX200 tries to shed policy blues, China tech tumbles
August 04, 2021 02:30 PM AEST| By Furquan MoharkanSentiments in the equity markets across the Asia Pacific region were mixed on Monday as investors got mixed cues from different countries. Morgan Stanley Capital International’s broadest index of Asia-Pacific shares outside Japan traded 1.46%...
Deadlier than Spanish Flu? Global COVID-19 caseload tops 200 million mark
August 04, 2021 12:53 PM AEST| By Furquan MoharkanThe ongoing COVID-19 pandemic has breached yet another unwanted milestone in its one-and-a-half-year life: more than 200 million people have contracted the virus. Yes, on Tuesday, as the world reported 601,293 fresh daily cases and almost 10,000 dai...
What do we mean by medical billing and coding?
August 04, 2021 12:03 PM AEST| By Tripti JoshiSummary Medical billing and coding help healthcare facilities manage insurance claims, invoices, and payments. In medical coding, the billable information is extracted from clinical documentation, and medical billing uses those codes to generat.....
Three Young Kings: Who are Australia’s top entrepreneurs under 40?
August 03, 2021 06:56 PM AEST| By Daniel Paul JohnsSummary Shopping from home has become a necessity in these COVID-19 restricted times, and Ruslan Kogan – of Kogan.com - has wasted no time capitalising on this trend. Jack Bloomfield is publicly touted as Australia’s youngest .....
Australia’s biggest buyout: What you need to know about Square-Afterpay takeover deal
August 03, 2021 03:49 PM AEST| By Furquan MoharkanCalifornia-based financial services and digital payments company Square Inc (NYSE:SQ) has announced its acquisition of Australian Fintech major Afterpay Ltd (ASX:APT). With the transaction valued at US$29 billion (AU$39 billion), this is the biggest...
APAC markets open mixed ahead of RBA decision
August 03, 2021 11:34 AM AEST| By Furquan MoharkanThe equity markets in Asia-Pacific (APAC) region traded mixed on Tuesday morning as investors are keenly looking out for the Reserve Bank of Australia’s latest monetary policy decision. In Japan, the benchmark Nikkei 225 slipped 0.34% in early...
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The burgeoning fame of "buy now, pay later" entices a US$29 billion deal between Square and Afterpay
August 02, 2021 10:09 PM AEST| By Team Kalkine MediaSummary In a US$29 billion agreement, Square will purchase Australia's Afterpay. Square and Afterpay had inked a Scheme Implementation Deed following the requirements of a court-approved Scheme of Arrangement. Afterpay will accelerate Square's.....
Why to keep an eye on the 6 global stocks in 2021?
August 02, 2021 04:22 PM AEST| By ManikaInvestors today prefer to build their portfolio by diversifying their risks. There are several opportunities for investing in stocks of other countries these days. Gone are the days when it was unthinkable to invest in stocks of foreign companies s.....
APAC markets in green; US ups the ante on Chinese firms’ IPOs
August 02, 2021 02:53 PM AEST| By Furquan MoharkanSummary Japan leads the APAC rally. ASX200 touches a new record level. Afterpay shares surge 19% after the acquisition announcement. The equity markets across the Asia Pacific region seemed to move past the gloom of last week, as they tra.....
A week when central banks meet
August 02, 2021 12:58 PM AEST| By Furquan MoharkanIf the economy and the financial system were a ship, the captain of that ship would be the central bank of that economy. That conveys the importance of central banks across economies. While central banks may not be hogging as much limelight as govern...
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China tightens its grip on tech-based firms, threatens compliance deadlines
August 01, 2021 09:03 PM AEST| By Kamalika GhoshSummary China has threatened that compliance deadlines would be imposed on companies like Didi Chuxing. The Chinese authorities would increase oversight of the on-demand trucking and ride-hailing companies such as Didi Global Inc and Full Truck.....
Climate pledges to the UN: India, China miss deadline, smaller nations submit ambitious plans
August 01, 2021 07:06 PM AEST| By Kamalika GhoshSummary China and India failed to comply with the UN deadline on submitting fresh pledges for reducing greenhouse emissions. A smaller group of nations submitted more ambitious pledges, which directly mounted considerable pressure on larg.....
What is nanotechnology and where can it be applied?
August 01, 2021 12:54 AM AEST| By Team Kalkine MediaNanotechnology, which grew considerably during the period 1960-1990, is expected to hit US$70 billion in the next five years, according to a recent study by Global Industry Analysts Inc. Nanotechnology is essentially the study of minute particles,.....
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What is mindful eating and why is it important?
August 01, 2021 12:13 AM AEST| By Team Kalkine MediaSummary Mindful eating is about being aware of what we eat, how we eat and how much we eat. Mindful eating can benefit you in many ways, from weight control to kindling positive feelings in you. Binge eating, stress eating, and eating for crav.....
What are the top technology trends in 2021?
July 31, 2021 12:26 AM AEST| By Team Kalkine MediaSummary COVID-19 has brought about a paradigm shift, and technology has given the shift a face. Changes in the way an economy functions are here to stay, and hence it is essential to explore the technologies that would keep the ball rolli.....
Big Tech: How did these five companies worth US$9.25 trillion fare in June quarter?
July 31, 2021 12:20 AM AEST| By Furquan MoharkanThe last week of July has been a momentous one, with the most valued companies in the US disclosing their quarterly earnings report. All the big tech companies announced their quarterly results this week – some did better than expected, others...
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How hard has COVID-19 hit the commercial value of Tokyo Olympics?
July 31, 2021 12:10 AM AEST| By Team Kalkine MediaSummary Tokyo Olympics is being held under a state of emergency with no spectators to prevent it from becoming a super spreader event. The COVID-19 pandemic has badly hit the commercial value of the event and impaired trade flows at domes.....
What does Credit Suisse investigation into Archegos fiasco reveal?
July 31, 2021 12:07 AM AEST| By Furquan MoharkanAn external investigation into the dealings of Credit Suisse with the collapsed US hedge fund manager Archegos Capital has revealed that the Swiss banking major had failed “to effectively manage risk.” The investigation, which was led by...
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