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Positive Vaccine news punctures Gold bubble, ASX Gold Stocks Under Pressure
November 10, 2020 01:49 PM AEDT| By Kunal SawhneyOn 10 November 2020, ASX-listed gold stocks reacted sharply, post the worst sell-off in the gold spot since August 2020. The gold spot plunged ~ 5.05 per cent from its intraday high of USD 1,965.61 to settle below the long-established psychological.....
Pfizer, BioNTech’s share prices jump on upbeat COVID-19 vaccine news
November 10, 2020 01:13 PM AEDT| By Team Kalkine MediaOn 9 November 2020, Pfizer Inc (NYSE:PFE) and BioNTech SE (NASDAQ:BNTX) announced that their vaccine candidate, BNT162b2 was found to be over 90% effective for the prevention of COVID-19 in Phase 3 participants with no evidence of an earlier SARS-C.....
AstraZeneca (AZN) and Regeneron (REGN) beat COVID-19 blues, report strong Q3 results
November 10, 2020 12:24 PM AEDT| By Team Kalkine MediaDuring the current reporting season, several companies have reported losses due to the impact of the ongoing pandemic. However, in the healthcare sector, some companies have witnessed moderate to high growth in revenues. This is because there have .....
What is Cryptocurrency? Is Canada Moving Towards Cashless Currency?
November 09, 2020 09:55 PM AEDT| By Team Kalkine Mediatal Currency (CBDC) As we shift towards a cashless economy, use of cryptocurrencies, Bitcoin, Litecoin, Ethereum, Stellar, stable coins and similar other digital assets have been touted as the money of the future. Cryptocurrency is finding incre...
RBNZ likely to encourage more lending through its FLP tool
November 09, 2020 01:26 PM AEDT| By Team Kalkine MediaNZ central bank Governor Adrian Orr is likely to reveal a new monetary policy instrument that will drive borrowing costs to new record lows to accelerate economic growth. The Funding for Lending Program is witnessed as a vital step in RBNZ slashing.....
Uber's food delivery business ahead in the race; Ride services taking U-turn in revenues
November 08, 2020 08:05 AM AEDT| By Kunal SawhneyGlobal e-hail company Uber Technologies Inc released a statement on Thursday stating that the demand for its food-delivery service Uber Eats rose exponentially in the latest quarter ending on 30 September 2020. However, it's signature global rides .....
European countries are re-imposing lockdowns amid the second wave of Coronavirus
November 08, 2020 08:00 AM AEDT| By Team Kalkine MediaThe Coronavirus has infected more than 48 million people on the planet in a span of mere nine months. The outbreak has been witnessed across the globe with some nations getting affected way more than others. Some of the worst-hit nations inc.....
Top 5 Economies Investing in Australia: What are the sectors under focus?
November 08, 2020 12:20 AM AEDT| By Kunal SawhneyForeign investment is essential to any country's economic prosperity. Even in Australia, the investment has helped build the country's economy. The investment provides a platform to improve the wellbeing of its citizens' financial growth as well. .....
Sneak peek at COVID-19 Vaccine frontrunners: AZN, Moderna, Pfizer, J&J
November 08, 2020 12:14 AM AEDT| By Hina ChowdharySince the outbreak of the catastrophic pandemic, SARS-CoV-2 has taken a severe toll on human life as well as economic and financial aspects. We are already close to completing a year since the emergence of the disease, and there are still several m.....
Climate Change to impact Australian economy: time to bring in robust changes
November 08, 2020 12:12 AM AEDT| By Kunal SawhneyClimate crisis for Australia is not new. Each year the climate topic pops up, and conversations continue with less significant actions to deal with it. Recently in a groundbreaking case, a 25-year-old won a trial against Australian superannu.....
Why did the streaming video service Quibi fall?
November 08, 2020 12:10 AM AEDT| By Edita IvancevicA once-promising idea that was supposed to transform the entertainment industry and Hollywood itself, Quibi is now a long-forgotten project that tumbled sooner than anyone could have ever expected. When the world found about the project with the f.....
Ethereum 2.0 Set to Go Live On 1 December, May Outperform Bitcoins
November 07, 2020 08:00 PM AEDT| By Kunal SawhneyThe next-generation version of the Ethereum blockchain, which has been in the works for many years, is set to go live on 1 December 2020. The newly launched Ethereum 2.0, which was originally slated to go live on 3 January 2021, will see the block.....
Iron Ore Prices Normalise: Australian Miners to Stay Profitable Over Volume Growth?
November 07, 2020 04:33 AM AEDT| By Team Kalkine MediaThe iron ore mining industry that leveraged on the recent surge in the iron ore demand over robust steel production across China to capture a large tranche of the global market now is under mild heat as the supply chain has started to come back on .....
Australia-China Trade Relations Worsen; Are the Aussies Staring Down the Barrel?
November 07, 2020 04:18 AM AEDT| By Kunal SawhneyAmid growing virus-spat and economic and political heat between Australia and China, Australian exports have suffered considerably. Industries affected by this fall in exports include coal, beef, barley, cotton, and wine. This comes in the wake of.....
A Walk Through European EV market: How Government Subsidies & Cost-Effective Models Pushing Demand?
November 07, 2020 04:09 AM AEDT| By Hina ChowdharyThe mania for Electric Vehicles (EV) has taken the world by storm, with the escalating popularity of battery-operated motors bucking the globally dismal trends of COVID-19. Significantly, the rise of EV vehicles promises a new dimension worldwide, .....
5 emerging Tech trends to rock the world after coronavirus
November 07, 2020 03:59 AM AEDT| By Kunal SawhneyThe value of digital resilience, which helps business and the lives of people to proceed as usual through pandemics, has been confirmed by COVID-19. With work from home becoming the new normal, technology is playing a significant role in supportin.....
Furlough extension: impact on UK economy and employment
November 06, 2020 10:20 PM AEDT| By Team Kalkine MediaThe extension of the popular furlough scheme till end of March 2021 has been described as a lifeline for the businesses and workers struggling to survive a harsh pandemic led winter in the UK. Rishi Sunak, Chancellor, UK Treasury extended t.....
US Presidential Election 2020: Federal reserve interest rates hold steady
November 06, 2020 05:51 PM AEDT| By Team Kalkine MediaThe Federal Reserve has pledged to take every step to sustain the U.S. economic recovery in coming months, which is threatened by the spread of the deadly coronavirus pandemic and the uncertainty being faced over a still undecid.....
Massive growth on the cards for Medical Equipment Repair Market
November 06, 2020 04:29 PM AEDT| By Team Kalkine MediaThe medical equipment industry has seen considerable growth recently and one of the key segments, the medical device repair market, is anticipated to boom further in the future. The main factors driving the medical equipment repair market are incre.....
Japan Post agrees to sell Toll Global Express business
November 06, 2020 02:13 PM AEDT| By Team Kalkine MediaJapan Post Holding Co is looking for the potential sale of Toll Global Express business, the battered courier division of its Australian logistics subsidiary Toll Holdings Ltd. By selling this business, Japan Post aims to concentrate on making Toll.....
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