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Can Bitcoin be converted to real currency?
September 07, 2020 08:14 PM AEST| By Edita IvancevicSummary As monetary policies keep progressing, currency in Bitcoin seems to have a bright future. With many efficient advantages, it is no wonder why investors find Bitcoin investment-worthy, mostly because all transactions can be made anywhere.....
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US unemployment rate improves, but the Market ended in Red
September 07, 2020 05:45 PM AEST| By Team Kalkine MediaSummary The US stocks ended lower before recovering on 4 September due to a sell-off of technology stocks that overshadowed the improved unemployment rate data. The US unemployment rate improved after falling to 8.4% in August compared to 10.2%.....
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What is a cryptocurrency and how to use it?
September 07, 2020 05:18 PM AEST| By Edita IvancevicCryptocurrency, also known as a digital currency, is a virtual money exchange made and managed by private consumers and organisations. Most cryptocurrencies are not legally controlled. Hence, cryptocurrency is, in theory, invulnerable to any sorts .....
Pfizer to Roll Out COVID-19 Vaccine Just Before the US Election
September 07, 2020 03:02 PM AEST| By Team Kalkine MediaSummary The US Centers for Disease Control and Prevention has issued notices to the states, urging them to be ready for a potential COVID-19 vaccine as early as November. Reportedly, Pfizer is all set to roll out its COVID vaccine before the pr.....
Sterling Expected to Weaken Against the US Dollar
September 06, 2020 11:11 AM AEST| By Team Kalkine MediaThe pound sterling is expected to fall against the US dollar due to the weak state of the British economy, according to experts. On 1 September 2020, the pound sterling’s value against the US dollar peaked at 1.345. Daily spot exchan.....
What to Expect in Reimagined Office Space Post-COVID
September 06, 2020 11:00 AM AEST| By Team Kalkine MediaOne of the most radical changes brought forth by COVID-19 has been the way office spaces function. When the virus hit a pandemic level in March, leading governments across the globe to enforce shutdowns, offices were forced to switch to a r.....
Why Are Canadian Tech Stocks Soaring Despite Weak Market Conditions?
September 06, 2020 06:10 AM AEST| By Team Kalkine MediaCanada’s economy has primarily been fueled by its abundant natural resources – a fact highlighted by materials index’s bull run on the Toronto Stock Exchange (TSX) during the pandemic. But the country is changing, and a new post-C.....
Laurentian Bank Reports C$36.2 million Profit in Q3
September 06, 2020 03:11 AM AEST| By Team Kalkine MediaMontreal-based Laurentian Bank of Canada’s (TSX: LB) third quarter results posted revenue of C$248.6 million, up 2 per cent from the C$244.7 million revenue in third quarter 2019. Its provision for credit losses were at C$22.3 millio...
Great Canadian Gaming to Reopen Casinos in Ontario and New Brunswick on Sept 28
September 06, 2020 03:08 AM AEST| By Team Kalkine MediaGreat Canadian Gaming Corp (TXS: GC) has announced that it will reopen 11 of its outlets in Ontario and the Casino New Brunswick property on September 28. The gaming and hospitality company will allow up to 50 guests inside at a given poin...
Sneak Peek at What’s Latest in Travel Space!
September 06, 2020 03:00 AM AEST| By Team Kalkine MediaUnfurling as a major health and financial crisis, COVID-19 crisis initially brought the thriving Australian travel industry to a grinding halt. At the time when the industry is putting its best foot forward to recoup to the pre-pandemic stage, some.....
Walk Through Three Legendary US Businesses- Coca-Cola, Dow Inc, IBM
September 06, 2020 02:43 AM AEST| By Team Kalkine MediaIn a dismal year of businesses, a handful of US companies have truly outshone, rising to the challenge imposed by the coronavirus pandemic. Contemporary American businesses have demonstrated exceptional ways to address humanitarian and business nee.....
ASX 200 Player, IGO Limited Signs Agreement to Acquire Nine Fraser Range Tenements from Boadicea Resources
September 06, 2020 02:38 AM AEST| By Team Kalkine MediaRecovery in base metal prices is coming as hope for ASX-listed base metal companies such as ASX 200 player IGO Limited (ASX:IGO) and Sandfire Resources Ltd (ASX:SFR) with every uptick in the underlying commodity of their business improving market s.....
Employment Rises by 1.4% in August, Says Latest Labour Force Survey
September 06, 2020 02:00 AM AEST| By Team Kalkine MediaThe latest Statistics Canada report shows 246,000 jobs were added in August, as compared to 419,000 in July. The rate of employment has risen faster among women (at 1.8 per cent with 150,000 positions) as compared to that among men (at 1 p...
Success of ‘eat out to help out’ scheme: Pret A Manger launches subscription service
September 05, 2020 08:36 PM AEST| By Team Kalkine MediaThe chancellor, Rishi Sunak’s ‘eat out to help out’ restaurant meal discount scheme turned out to be a hit as it substantially exceeded the UK Treasury’s estimates. In order to help grow their sales and contribute in the rec.....
Another retailer bites the dust, Lord & Taylor files for Bankruptcy. Is there a way back for retail stores?
September 05, 2020 01:22 PM AEST| By Team Kalkine MediaSummary Lord & Taylor, the oldest US retail store chain has filed for bankruptcy. The brick-and-mortar retailers are facing the brunt of the crisis, along with other industries like travel & tourism and hospitality. J Crew, J.C. Penney.....
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Bitcoin Tumbles as South Korean Police Raids Bithumb
September 05, 2020 01:15 PM AEST| By Team Kalkine MediaBitcoin prices have reacted sharply to the emerging news of South Korean police raiding a crypto exchange – Bithumb over fraud allegations. South Korean police raided Bithumb – one of the country’s largest cryptocurrency exchange.....
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Market Extended Loss on Friday
September 05, 2020 01:00 PM AEST| By Team Kalkine MediaS&P/TSX Composite Index, leading Canadian benchmark index extended its loss on Friday and declined 1.4% or 230.88 points. The index closed the day at 16,218.01 on September 4, 2020. Investors continued to dump the tech stocks on Friday followed b...
Home Sales Hit Record High in Greater Toronto Area for August, Up 40%
September 05, 2020 10:08 AM AEST| By Team Kalkine MediaThe Toronto Regional Real Estate Board (TRREB) said the price of the houses are higher than compared to last year. It reported a sale of 10,775 houses in August 2020, up from 7,682 in August 2019. The average price of a house was C$951,40...
TSX Trading Volumes Up in August 2020
September 05, 2020 10:06 AM AEST| By Team Kalkine MediaThe volume of shares traded at all TMX equities marketplaces in August 2020 reached 13.8 billion, up from 11 billion in August 2019 by 25 per cent. At the Toronto Stock Exchange, the volume of shares traded in August 2020 was at 7.5 billio...
Stock Markets Plunge after Selloff in Tech Sector
September 05, 2020 10:06 AM AEST| By Team Kalkine MediaWhile six Canadian tech stocks, including those of BlackBerry and Shopify, dipped over 5 per cent on Thursday, 16 more were in the negative. Stocks of Apple, Facebook, Google and Netflix lost between 3.5 and 7.9 per cent in the US. The S&...
Canadian AI All-Stars: Unveiling the Top Stocks for 2024