News

What does 5G mean for the environment?

September 23, 2021 06:20 AM AEST| By Toshiva Jain

When the first-generation wireless technology came out in the 1980s, no one would have thought what the fifth generation (5G) could do? Now, we live in a world where the role of the internet is dramatically growing across sectors. Interestingly, CO.....

China’s Evergrande fiasco: Could it spill over to Australia?

September 22, 2021 10:05 PM AEST| By Chitranjan Kumar

The future of China’s largest property group Evergrande hangs in the balance as the real estate giant faces its worst liquidity crisis. The crisis has shaken the Chinese as well as global markets, reminding about the dramatic collapse of &ldq.....

Bright Token sets sail in the digital asset arena

September 22, 2021 08:52 PM AEST| By Akanksha Vashisht

Highlights NFT tokens have been on the rise, with many new entrants coming into the digital asset sphere. $BRIGHT token has been introduced with the intent of rewarding users on the BrightDAO network. With an initial minted supply of 25 .....

NSW construction industry to return to full capacity, while 11wVictoria closes down

September 22, 2021 07:43 PM AEST| By Furquan Moharkan

Highlights NSW decides to open construction sites to full capacity. However, the one worker-per four sq metre rule will continue to apply. The state reported 1,035 cases on Tuesday. The construction industry in Australia’s eco.....

Here are 5 of the most expensive NFTs sold till date

September 22, 2021 06:41 PM AEST| By Akanksha Vashisht

The growing NFT craze can be perceived as a digital revolution, or at worst, an outrageous trend that has been blown out of proportion. Much of the value attached to NFTs comes from their inherent quality of serving as collectibles to the owners, w.....

Going gets tough for unvaccinated shoppers in Australia

September 22, 2021 06:37 PM AEST| By Tripti Joshi

Highlights Last month, Australian PM Scott Morrison confirmed that businesses could refuse entry and service to Australians who are not vaccinated. The Australian retail behemoth Best&Less has made the COVID-19 vaccine mandatory for s.....

How is Australia faring on the vaccination front?

September 22, 2021 03:50 PM AEST| By Furquan Moharkan

Anti-lockdown protests have been rocking Sydney and Melbourne since Sunday as lockdowns to contain the COVID-19 spread continue across major Australian cities. Anti-vaccine mandate protests in Sydney and Melbourne got heated on Sunday and Monday. .....

The surge game: PKD prices soar by 20%

September 22, 2021 03:48 PM AEST| By Team Kalkine Media

The cryptocurrency prices are facing a huge selling pressure, which analysts believe is due to the uncertainty in the Chinese markets. Bitcoin dropped by over 6% in the last 24 hours trading at USD$40,835.76. Representative Image Source: © .....

Grand trouble for Evergrande; Australia gasps as Chinese property bubble nears burst

September 22, 2021 03:20 PM AEST| By Rini Zachariah

Highlights The overheated Chinese economy is showing red flags in the property sector. China's largest property group, the Evergrande group, is neck-deep in a financial mess. Stakeholders are watching how Australia will come out of the combine.....

Will Trudeau raise tax on Canadian banks & insurance companies?

September 22, 2021 03:07 PM AEST| By Ankit Sethi

How much did the Canadian snap election 2021 cost taxpayers? News agencies are citing the C$600-million figure. The point is that the costly mid-pandemic election could have been justifiable had the House of Commons moved toward a majority governme.....

Bitcoin craze among older Aussie investors; what’s driving the boom?

September 22, 2021 03:00 PM AEST| By Ashish

The cryptocurrency market has observed a significant change in the recent past. The digital currency market which was popular among young investors is now witnessing the older lot catching up fast. According to the latest data by BTC markets, there.....

What Trudeau’s win means for the global economy & Canada’s multilateralism

September 22, 2021 02:40 PM AEST| By Ankit Sethi

Highlights From President Biden to PM Boris Johnson, world leaders have congratulated Justin Trudeau on his third election win The Liberals are looking to work with the US on issues like fight against climate change Tax on big tech compa...

Bitcoin falls over Evergrande’s default risk

September 22, 2021 02:38 PM AEST| By Aditi Saha

Highlights On 21 September, the price of bitcoin dropped by as much as 11%, kicking out the week on a negative note. The plunge in the cryptocurrency market appears to have been sparked by escalating troubles at China Evergrande Group, a beleag.....

Cimic and Acciona to work on Inland Railway project with ARTC

September 22, 2021 02:32 PM AEST| By Team Kalkine Media

Highlights Cimic and Acciona form a joint venture to work with the Australian Rail Track Corporation (ARTC). The team will work on a 360km works project with the ARTC to build stretch of Australia’s Inland Railway. According to CPB Cont.....

Why is Binance shutting down crypto derivatives for Australian customers?

September 22, 2021 01:42 PM AEST| By Sonal Goyal

Binance, the largest cryptocurrency trading platform by volume announced through their blog that they will halt offering certain cryptocurrency products to the Australian market. The cryptocurrency traders of Australia will no longer have access to.....

Explained: What is Evergrande crisis all about?

September 22, 2021 01:37 PM AEST| By Furquan Moharkan

Global equity markets are witnessing a sort of meltdown at a time when they are flush with access liquidity. And guess what? It is not because of any macro factor or a probable new variant of coronavirus coming in. It is because of a crisis in just o...

How is the construction ban impacting Australia?

September 22, 2021 12:23 PM AEST| By Sonal Sinha

Considering the rise in the number of COVID-19 cases including multiple outbreaks related to construction, the Victorian Government announced that construction would be closed for 2 weeks in metropolitan Melbourne and other Local Government Areas n.....