AUS
NZ
UK
CA
USA
IND
World news
Tesla pulls the plug on Model S Plaid Plus plan
June 07, 2021 02:57 PM AEST| By Furquan MoharkanAmerican electric vehicle maker Tesla Inc (NASDAQ:TSLA) has officially cancelled the most expensive variant of its flagship sedan – the Model S Plaid Plus. “Plaid+ is canceled. No need, as Plaid is just so good,” tweeted Tesla CEO...
APAC markets mixed as China trade data misses estimates
June 07, 2021 02:15 PM AEST| By Furquan MoharkanSummary APAC markets are a mixed bag after China trade numbers missed the estimates. China and Australia are trading in the red. Japan and Korea are in the green. The markets across the Asia Pacific (APAC) region were mixed on Monday morn.....
How is virtual reality transforming the healthcare sector?
June 07, 2021 12:19 PM AEST| By Tripti JoshiSummary Virtual reality (VR) in the healthcare sector is in a nascent stage. However, it is gaining popularity as many healthcare organizations have started implementing virtual reality. VR solutions allow both patients and healthcare professio.....
What is PMI and why is it important?
June 07, 2021 11:03 AM AEST| By Furquan MoharkanThe Purchasing Managers’ Index (PMI) has been in news all through the last two weeks. Many countries across the world released their PMI numbers for the month of May – which determined the trend in their stock markets. So, what is PMI?...
G7 Group Strikes Deal On Taxing Multinationals
June 06, 2021 05:33 PM AEST| By Raza NaqviIn an unprecedented move on Saturday, June 5, the Group of Seven (G7) countries struck a historic deal to overhaul international laws stopping corporate tax avoidance by large multinational companies.Under the new agreement put forward by the Finan.....
.jpg)
Which are the three best-performing stock indices this year?
June 06, 2021 12:36 AM AEST| By Furquan MoharkanThe stock markets across the globe have continued the last year’s bull-run in 2021. Most markets across the globe have seen huge wealth creation for investors, as global liquidity continues to remain high. Many experts are certain that this bul...
US Markets End Week On High Note As Tech Stocks Roar Back
June 05, 2021 07:29 AM AEST| By Sanjeeb BaruahBenchmark US indices closed the week on a high note on Friday, June 5, as all segments saw broad gains led by bluechip technology stocks and reassuring labor data helped shed investors’ concerns over the recent uncertainties in the markets. Th...
How Will Norton’s New Mass Crypto Mining Feature Impact the Environment?
June 04, 2021 08:59 PM AEST| By Suhita PoddarSummary Global cyber safety firm Norton announced the introduction of a new feature Norton Crypto to help users mine cryptocurrencies safely. This is the first time a cyber safety company has launched this feature. Critics have argued mass coi.....
What is New Zealand’s energy mix? How does it plan to reduce carbon footprint?
June 04, 2021 06:20 PM AEST| By SonalNew Zealand has a well-developed energy sector. Roughly 60% of the energy supply of New Zealand comes from oil, coal, and gas, while the remaining 40% comes from renewable energy sources. Renewable energy comes from natural sources, which are natura...
APAC markets in green; ASX200 up 0.37%
June 04, 2021 03:15 PM AEST| By Furquan MoharkanSummary APAC markets have been unaffected by Biden ban China markets among top performers in the region Australia markets continue winning streak for 4th day in a row. The equity markets across the Asia Pacific (APAC) region were mostly .....
Biden bans US investments into 59 Chinese firms
June 04, 2021 01:46 PM AEST| By Furquan MoharkanSummary Biden bars American from investing in 59 more companies. The US president has signed an executive order to this effect. Trump had already banned 48 companies. US President Joe Biden on Thursday prohibited American entities from in.....
New Zealand Upgrade Programme rebalanced after cost blowout
June 04, 2021 12:53 PM AEST| By SonalThe New Zealand government has announced to increase investment in the New Zealand Upgrade Programme (NZUP) to support the country’s economic recovery. The Programme is a part of the government’s plan to create jobs and boost the economy....
What is Medical Cannabis Industry? Will It Grow In New Zealand?
June 04, 2021 12:38 PM AEST| By RomaSummary The Medical Cannabis Industry update by Cannasouth. What should an investor look for in the CBD business? Projected earnings, innovations, plans for the future. The Cannabis industry has witnessed development in leaps and bounds, .....
How does a meme stock work?
June 04, 2021 12:34 PM AEST| By Furquan MoharkanGameStop, AMC Theatres, Nokia, BlackBerry Enterprise, Reddit, Robinhood application icons grouped in Meme Stocks folder on smartphone. If 2020 was a year of unprecedented bull run, 2021 would be remembered as the year of memes – a year when me...
.jpg)
US Stocks Retreat, Weighed Down By Bluechip Stocks
June 04, 2021 07:40 AM AEST| By Sanjeeb BaruahUS stock markets closed lower on Thursday, June 3, dragged down by bluechip stocks as investors waited for the latest economic data from the Labor Department in a lacklustre session. The S&P 500 shed 0.36% to 4,192.85. The Dow Jones dropped 0.07...
Toyota's next-gen Highlander all set to conquer Kiwi roads
June 04, 2021 06:00 AM AEST| By Jasmine AnandSummary The world is slowly transiting from toxic fuel-emitting vehicles to cleaner and greener vehicles. Hybrid cars, with their sustainability and fuel-saving capacity, are an answer to the future. Toyota Highlander 2021, the latest hybrid c.....
Cyber security fraud incidents in New Zealand rise sharply in Q1
June 03, 2021 05:00 PM AEST| By SonalSummary Cyber security incidents rose by 25% in Q1 since the same quarter in 2020, CERT NZ reported. Nearly 23% of the breaches resulted in direct financial losses. About 500 vulnerable Microsoft Exchange email servers were found in Q1. A.....
APAC markets trade in green; ASX200 jumps 0.71%
June 03, 2021 04:11 PM AEST| By Furquan MoharkanSummary Markets in green as investors react to data from Australia and China. South Korean markets are the outperformers. Thai and Hong Kong markets are in the red. The equity markets in Asia Pacific (APAC) region were mostly trading in t.....
New Zealand on guard, asks Melbourne arrivals to undergo COVID-19 testing
June 03, 2021 01:51 PM AEST| By Jasmine AnandSummary New Zealand asks for self-isolation and testing for all the travellers arriving from Melbourne between 20-25 May. Contact tracing team working out ways to figure out relevant flights in case of future occurrences. The NZ vaccination ro.....
Did Mudrick Capital rush into selling AMC shares?
June 03, 2021 01:03 PM AEST| By Furquan MoharkanSummary Meme stock, AMC Entertainment Holdings is once again in news as company raises US$230 million. Mudrick Capital Management, L.P. flips shares post the private placement. Is long-term investing a passe? On Tuesday, AMC Entertainment.....
Advertise your brand on Kalkine Media