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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.....
Trudeau likely to return as PM, but actual snap election result may defy predictions
September 21, 2021 03:22 PM AEST| By Ankit SethiHighlights Multiple agencies are predicting a Liberal win in Canada snap election 2021 snap election results will be out soon and the actual tally may be in contrast with projections In actual counting so far, Conservatives are fast catching u.....
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.....
Has Z Energy’s (NZX:ZEL) fuel demand taken a hit?
September 21, 2021 01:09 PM AEST| By SonalHighlights Z Energy is witnessing reduced demand for all fuels at present. Z has projected its volume reduction as New Zealand moves through various Alert levels amid the COVID-19 outbreak. The Group expects its RC EBITDAF to be between $270 m.....
Magnesium hits 13-year highs on China’s environmental concerns
September 21, 2021 01:05 PM AEST| By Arpit VermaThe International Magnesium Association stated on Monday that the prices of magnesium have rallied to their highest level in the last 13-years in Europe and are expected to rise further before coming to a normal level by the end of the first h.....
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 .....
Oil dips on rising US dollar
September 21, 2021 11:05 AM AEST| By Arpit VermaHighlights Crude oil prices dipped on Monday. Oil prices got support from disrupted US supply followed by two hurricanes. Crude oil has grown significantly in the last one year. Crude oil prices tumbled nearly 2% on Monday due to the rise.....
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.....
US markets close in red, dragged down by energy, financial stocks
September 21, 2021 07:49 AM AEST| By Sanjeeb BaruahAll benchmark US indices closed in the red on Monday, Sep 20, after energy and financial stocks led broad losses across segments and China’s Evergrande default fears loomed. The S&P 500 fell 1.70% to 4,357.73. The Dow Jones fell 1.78% to 3...
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 .....
Which are 5 NZX energy stocks to be considered in 2021?
September 20, 2021 07:46 PM AEST| By SonalHighlights NZ uses solar, hydro, wind and geothermal heat to generate electricity. Genesis Energy posted $358 million as EBITDAF in FY21. Meridian Energy provided its operating report for August 2021. Energy stocks are related to companie.....
Is Cosmos Potentially the Most Important Project in the Crypto Space?
September 20, 2021 07:28 PM AEST| By Daniel Paul JohnsThe world of blockchain technology is an ever-evolving industry, with each newly created project aspiring to address the imperfections of the preceding projects. Ever since Ethereum’s launch, which marked the first smart contract-driven bloc.....
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Canada snap election 2021: How debt & inflation can impact TSX Index
September 20, 2021 07:26 PM AEST| By Ankit SethiThe Canada snap election is just around the corner. The two major political parties are looking to win majority seats in the House. Bloc Quebecois, New Democratic and others hope to increase their hold. Before Canadians step out to cast their vote.....
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...
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How Do I Choose the Correct Cryptocurrency?
September 20, 2021 06:50 PM AEST| By Daniel Paul JohnsSource: © Melpomenem | Megapixl.com While everyone has heard of cryptocurrency at this point, given its meteoric rise in popularity and its penetration into the public consciousness over the last two years, the vast majority of those who ha...
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.....
Tempest Minerals Ltd (ASX:TEM) on radar, data-driven approach unlocks significant opportunities
September 20, 2021 06:39 PM AEST| By AkshayTempest is undertaking a non-renounceable rights issue seeking AU$1.252 million (before costs) to fund the next leg of exploration activities across the company’s mineral projects.,Tempest enjoys a dominant position in the highly prospective Yalgoo a...
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.....
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