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News
Facebook restores services after nearly six-hours of outage
October 05, 2021 01:22 PM AEDT| By Furquan MoharkanHighlights All three social media services owned by the company– Facebook, Instagram and WhatsApp were functional only after a global outage of almost six hours. Outage detector Downdetector said that it was the largest failure with arou.....
Iron ore futures dip amid intense emission curbs in China
October 05, 2021 01:15 PM AEDT| By Arpit VermaHighlights The prices of iron ore plummeted to record low levels on the back of an ongoing power crunch in China. More than four-fifths of the country's steel mills have suspended their operations in September for maintenance. Australia believ.....
What’s Pandora Papers all about?
October 05, 2021 12:38 PM AEDT| By Furquan MoharkanThe Pandora Papers – pegged as the world’s largest expose of hidden wealth – is a collection of almost 12 million leaked documents that reveal tax avoidance and, in some of the cases, money laundering. The names exposed in it includ...
Crude oil hits three-year highs on robust demand recovery
October 05, 2021 12:25 PM AEDT| By Arpit VermaHighlights Crude oil prices jumped to three-year highs on Monday. OPEC+ sticks to its plan for gradually increasing the output amid stronger demand for petroleum products. The decision of the cartel to increase production gradually has pushed .....
US markets retreat as technology stocks dip
October 05, 2021 08:37 AM AEDT| By Sanjeeb BaruahBenchmark US indices retreated on Monday, October 4, dragged down by losses in technology and communication stocks amid mixed signals. The S&P 500 fell 1.30% to 4,300.46. The Dow Jones was down 0.94% to 34,002.92. The NASDAQ Composite fell 2.14%...
FTSE 100 Inched Lower by 0.23%; Crude Oil Breached $81 Level
October 05, 2021 05:41 AM AEDT| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in red - particularly, the S&P 500 index traded 66.01 points or 1.52 per cent lower at 4,291.04, Dow Jones Industrial Average Index dipped by 435.08 points or 1.27 per cent lower at 33,891.3...
Top 5 cryptocurrencies available for under $1
October 05, 2021 03:06 AM AEDT| By Ankit SethiHighlights One of the meme coins mentioned here is famous and has a multi-billion dollar market cap but is priced under one dollar apiece. Cheap cryptocurrencies may provide a chance to increase wealth in a shorter time but they are also ri.....
GBP advances against USD, EUR as investors eye US jobs data
October 05, 2021 02:56 AM AEDT| By AbhijeetHighlights GBP advanced sharply against the USD on Monday The domestic currency also gained against the euro The US dollar index dropped nearly 0.40% during the day The Great Britain pound (GBP) advanced sharply against the United S.....
What makes CKB such a viable crypto for investors
October 05, 2021 12:21 AM AEDT| By Manu ShankarThe Nervos Network is an opensource blockchain ecosystem which has been on a high off late. It has had a good run the market, especially with the Altcoin boom and is considered to be one of the strongest tokens to invest. It is governed by its nati.....
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5 best crypto debit cards available in UK
October 05, 2021 12:13 AM AEDT| By Manu ShankarThe cryptocurrency industry today has not only expanded in terms of market capitalisation, but it has also diversified into different fields such as NFTS, DeFis etc. Today investors are seeking new ways into invest in cryptocurrencies to maximise t.....
Middle-aged Canadians warming up to ecommerce & online brokers
October 04, 2021 11:53 PM AEDT| By Ankit SethiSource: Pixabay.com People are using e-commerce more. A simple reason for this can be the outbreak of the pandemic and the resulting restrictions on movement. Let’s understand how middle-aged people are using e-commerce and how this can al...
PM warns supply shortages to Christmas. Stocks to avoid for short term
October 04, 2021 11:24 PM AEDT| By Rishika RainaFollowing Brexit, the British economy has been in a period of transition according to the UK Prime Minister Boris Johnson. Due to the pandemic and other Brexit related issues, Johnson warned Britons that they can expect supply shortage and empty sh.....
Top 10 cryptocurrencies to mine in 2021
October 04, 2021 11:00 PM AEDT| By Ankit SethiHighlights Ether’s mining process can change after Ethereum shifts completely to a proof-of-stake consensus mechanism. Ethereum Classic is not Ether but an Ethereum fork and can be mined using GMiner. On this list are a few ‘.....
Stripe IPO: Can it overtake Tiktok as most valued company on listing?
October 04, 2021 10:41 PM AEDT| By Suhita PoddarUS-based digital payments firm Stripe is mulling an initial public offering (IPO) and is currently holding early stage talks with investment bankers, according to some media reports. Stripe’s pre-IPO valuation The fintech company is report.....
Should you invest in FTX (FTT) token despite volatility?
October 04, 2021 09:12 PM AEDT| By Manu ShankarFTX (FTT) has been on a revival trend of late. After seeing weeks of low, the FTT token has shown revival of sorts from 27 September on the initial part of the trading session on 4 October, before seeing red once again. The FTT has struggled for a.....
Pandora papers leak: UK government urged to tighten laws
October 04, 2021 08:03 PM AEDT| By Nidhi GuptaThe UK government is being called on to tighten the country’s checks against “dirty money” post leak of data from 14 offshore financial services companies. The data leak exposed details about the secret financial dealings of some .....
Why October is termed as the ‘Month of Crashes’
October 04, 2021 07:42 PM AEDT| By Priya BhandariHighlights October saw some of the most infamous market crashes in the history and therefore, it is called the October effect. The Bank Panic in 1907, Wall Street crash in 1929, the Black Monday in 1987, sell-off triggered by the Asian ec.....
Rolls-Royce (RR.), Morrison (MRW) & Playtech (PTEC): 3 stocks to buy now
October 04, 2021 07:15 PM AEDT| By Nidhi GuptaReopening of the economy and increasing vaccination rates is expected to drive the recovery of all sectors to pre-pandemic levels. According to the Office for National Statistics, the UK’s Gross Domestic Product (GDP) grew at a rate.....
FTSE 100 trades lower, dragged down by China’s energy crisis
October 04, 2021 07:13 PM AEDT| By Priya BhandariHighlights FTSE 100 continues to trade lower on China’s energy crisis Crude oil prices are trading under pressure following reports that the OPEC+ nations might boost crude oil output at its meeting on Monday. FTSE 100 trades l.....
Should UK investors go for HNT token?
October 04, 2021 07:04 PM AEDT| By Manu ShankarHelium (HNT) crypto is an open-source protocol which was developed for Internet of Things (IoT) devices. Being decentralised in nature, HNT allows low-powered wireless devices to communicate with each other and transmit data across through a networ.....
AI on the Rise: A Look at Top AI Companies and Their Stocks