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What All To Expect From Cryptocurrencies In 2021?
January 03, 2021 12:40 AM AEDT| By Team Kalkine MediaIn yet another milestone, Bitcoin breached US$ 29,000-mark on the second-last day of 2020. The cryptocurrency’s price has soared four times this year. Currently, just a fraction of investors and millennials know about some of the famous crypto...
How are Australian battery minerals empowering world’s EV revolution?
January 03, 2021 12:19 AM AEDT| By Kunal SawhneyThe rising call for a shift to clean energy has brought renewable energy and electric vehicles (EV) into the limelight. Various governments, including France, Germany, and China are proactively offering incentives to motivate their residents to swi.....
Three pandemic-triggered travel changes that are here to stay
January 03, 2021 12:16 AM AEDT| By Team Kalkine MediaThe year 2020 has made it clear that few things will never remain the same because of the coronavirus pandemic. Such as - travelling. As the pandemic started, international travel came to a standstill. Slowly, the pandemic led to a change in the b.....
Reasons and forecasts of Australian economy’s recovery
January 03, 2021 12:14 AM AEDT| By Kunal SawhneyThe government projections for the fiscal year 2020-21 have shown that the economy is bouncing back. The mid-year economic and fiscal outlook presented a real GDP growth forecast of 2.75% for 2021. This forecast is higher by 0.5 pt from the forecas.....
Bitcoin in 2020 - A Year of Low Interest Rate, Quantitative Easing, And Economic Drop-Off
January 02, 2021 12:41 AM AEDT| By Kunal SawhneyBitcoin has been the top performing asset of the year 2020 with its blistering price run being primarily supported by large institutional purchases. It has delivered a superior price return of more than 230 per cent on a YTD basis, outperforming all...
How was 2020 for Commodities and What is anticipated in 2021?
January 02, 2021 12:34 AM AEDT| By Team Kalkine MediaWe are entering a new year, and 2020 has been a volatile year for markets, be it equities or commodities. The COVID-19 pandemic pushed the major central banks and governments across the globe to take drastic measures to avoid the economy from sliding...
UK Government Issues Warning for New Year's Eve, Asks People to Remain Indoors
January 01, 2021 03:34 AM AEDT| By Team Kalkine Media‘The Boris Johnson government has asked everyone in England to stay indoors on New Year’s Eve in a bid to avoid spreading the virus. On Wednesday, UK health secretary Matt Hancock announced that another 20 million people would join 24 m.....
Major events that shaped the markets in 2020
January 01, 2021 12:59 AM AEDT| By Kunal SawhneyHaving changed our lives in myriad ways, the unprecedented year of 2020 is finally coming to an end. The year began with health and economic panic triggered by the COVID-19 infections and lockdowns across the globe. As per the WHO, the deadly virus...
How 2020 proved to be a shot in the arm for the healthcare industry?
January 01, 2021 12:56 AM AEDT| By Hina ChowdharySummary The COVID-19 pandemic not only revealed the fissures in the healthcare system but also fast-tracked digitisation in the industry. Telemedicine is speedily evolving amid the pandemic to offer enhanced access to superior-quality healthcar.....
Farmers Worried as NZ might be heading towards another drought in January
January 01, 2021 12:15 AM AEDT| By Team Kalkine MediaNew Zealand farmers may be in for another drought in upper northern parts, mostly north of Taupo. This is likely to put a lot of strain on the farmers. Drought conditions forecasted The farmers are still dealing with Hawke Bay’s drought los.....
Generali acquires AXA’s Greek Operation AXA Insurance SA for $202.9m
December 31, 2020 11:33 PM AEDT| By Kunal SawhneyAssicurazioni Generali SpA has signed an agreement on 31 December to acquire the Greek subsidiary of AXA SA, AXA Insurance SA. The total consideration of the deal amounts to 165 million euros ($202.9 million), which is 12.2 times the company’.....
Canada’s Year Of Economic Recession & Rebound In 2020
December 31, 2020 11:09 PM AEDT| By Team Kalkine MediaA few months into the pandemic, Canada was staring into the dark alley of economic recession, at levels not witnessed since the Great Depression of 1930s. In its fall economic statement, the country projected a fiscal deficit of C$ 381.6 billion, nea...
How 2020 Panned Out for Interest Rate Scenario Across Major Economies?
December 31, 2020 07:36 PM AEDT| By Team Kalkine MediaCentral banks across the globe have resorted to low interest rates to stimulate economies suffering from a recession amidst the pandemic. Many countries have lowered their interest rates to never-before-seen levels, close to 0% in most cases. Sinc.....
UK Parliament approves the Brexit trade deal
December 31, 2020 07:17 PM AEDT| By Hina ChowdharyBritish prime minister’s trade deal with the European Union was approved by the UK Parliament last night, making it a law, just a day short of the expiry of the Brexit transition deadline. Both the sides will be looking forward to a n.....
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Bitcoin Shifting Value Proposition
December 31, 2020 06:58 PM AEDT| By Mark O'DonnellIn 2017-18, the crypto asset market was booming. By the closure of 2017, the market capitalisation stood at 566 Billion USD, up from 17 Billion one year prior. The boom was fuelled largely by the proposition that crypto assets (and their underlying t...
WHO warns coronavirus can become endemic; a wake-up call for 2021?
December 31, 2020 03:00 PM AEDT| By Kunal SawhneyThe ongoing COVID-19 pandemic has taken innumerable lives and caused enormous disruption to economies, families, and societies worldwide. According to the World Health Organization (WHO), there have ~80.77 million confirmed COVID-19 cases, includin.....
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Why is Kina Petroleum (ASX:KPE) making an exit from ASX and PNGX?
December 31, 2020 02:30 PM AEDT| By Team Kalkine MediaOn 31 December 2020, Kina Petroleum Corporation (ASX:KPE) addressed an Extraordinary General Meeting to discuss the reason and the implications of its decision to delist from the ASX and PNGX. Kina Petroleum also discussed its plans for the buyback.....
‘Ripple’ effect; Genesis suspends XRP trading after SEC lawsuit
December 31, 2020 02:02 PM AEDT| By Hina ChowdharyConsidering the recent lawsuit by SEC (U.S. Securities and Exchange Commission) against the enterprise blockchain company Ripple, Genesis has suspended XRP trading. However, XRP derivatives market for Genesis would keep on trading like before. Th.....
Fashion legend Pierre Cardin breathes his last at 98
December 31, 2020 12:48 PM AEDT| By Kunal SawhneyFrench couturier Pierre Cardin, who was known for his new and surprising designs, passed away at the age of 98 on Tuesday. The designer had become famous for bringing luxury fashion to the masses. He designed avant-garde style clothes and preferred.....
How is ESG impacting mining companies?
December 31, 2020 12:28 PM AEDT| By Team Kalkine MediaThe metals and mining arena is progressively presented with environmental, social and governance (ESG) concerns which include critical issues around discharges, water usage, deforestation, and community relations. ESG is a comprehensive approach t.....
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