News

Germany election results denote a shift in global voting pattern
September 28, 2021 12:32 PM AEST| By Furquan MoharkanBallot paper of the German Bundestagswahl 2009 (Bundestag elections). The centre-left party in Germany seems to be set to form the next government. The centre-left Social Democrats (SPD) were on track for 26% of the vote, ahead of 24.5% for Christi...

Oil rises on strong demand and tight supplies
September 28, 2021 11:56 AM AEST| By Arpit VermaCrude oil prices galloped on Monday with Brent crude hitting near US$80 per barrel on the back of robust demand and tight supplies. December delivery Brent Crude oil futures last traded at US$78.50 per barrel down 0.14%, whereas November delivery W.....

What are Altcoins? How are they different from Bitcoins?
September 28, 2021 09:34 AM AEST| By AshishWhile Bitcoin may be the most popular cryptocurrency, Altcoin, which was launched after the former’s success, has also garnered high-level interest among crypto enthusiasts in the recent past. However, those who are relatively new to the indu.....

Crypto companies that have become unicorns in 2021
September 28, 2021 08:51 AM AEST| By Sanjeeb BaruahWith the crypto craze reaching a new high with each passing day, it is worth taking a closer look at the market to understand the companies involved, what they do, or their combined worth. According to coinmarketcap.com, there are 12,171 different .....

Dow Jones closes higher, S&P 500, Nasdaq drift after tech losses
September 28, 2021 07:15 AM AEST| By Sanjeeb BaruahDow Jones closed higher on Monday, September 27, pulled up by gains in financial and energy stocks, while Nasdaq Composite and S&P 500 retreated as losses in technology shares deepened. The S&P 500 fell 0.28% to 4,443.11. The Dow Jones rose...

Now, Facebook wades into Instagram Kids row, halts project: Know more
September 28, 2021 05:29 AM AEST| By Team Kalkine MediaHighlights Facebook halts planned development of a new Instagram Kids feature for children below 13 years. The decision comes ahead of the US Senate’s discussion on the risks posed by social media platforms to children’s mental heal.....

What caused Sri Lanka to announce a food emergency?
September 28, 2021 05:00 AM AEST| By Toshiva JainHighlights The Sri Lankan government recently announced a food emergency as it ran out of its foreign exchange reserves. The country has been grinding in the loop of inefficient governance, excessive imports, and consistent borrowings. Now, th.....

Ethereum developer Griffith enters plea-bargain to evade long jail term
September 28, 2021 04:45 AM AEST| By Team Kalkine MediaHighlights Griffith faces a 20-year prison term for violating the Emergency Economy Powers Act. His sentence could be reduced to a maximum of six-and-a-half years under the plea-bargain. Griffith’s sentencing is expected to take place in .....

Energy & Financial Shares Pushed FTSE 100 Higher; Petrofac Stock Surged 19.36%
September 28, 2021 04:42 AM AEST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded on a mixed note - particularly, the S&P 500 index traded 8.34 points or 0.19 per cent lower at 4,447.14, Dow Jones Industrial Average Index surged by 149.60 points or 0.43 per cent higher at...

5 FTSE-listed stocks new investors can buy
September 28, 2021 12:58 AM AEST| By Rishika RainaHighlights Investing in stock markets outperforms saving cash in a bank account. Investing in a range of companies is better than investing in individual companies in terms of investment risk. Before investing, factors like profitability, earn.....
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Canada top news: Immunized vs unvaccinated, oil crisis & CIBC expansion
September 28, 2021 12:37 AM AEST| By Shreya BiswasHighlights A new survey done for the Association of Canadian Studies found that over three in every four residents think negatively of the unvaccinated. With supplies as they currently stand natural gas is expected to continue to surge as winte.....

What is Sandwich trade tactic & should it worry you?
September 27, 2021 10:33 PM AEST| By Ankit SethiAre there any special tricks to make more profits in the crypto asset trading space? Although most analysts say that investors should track sentiments in cryptos like Bitcoin and Dogecoin to earn profit, there are special moves that can come handy.....

Canada’s CBDC delay gives early mover advantage to China & others
September 27, 2021 10:00 PM AEST| By Ankit SethiCanada is one of the most advanced economies. From per capita GDP to Human Development Index, the economic indicators boast its economic prowess. To sustain the high-income and heavily globalized economy, Canada should look favorably toward early .....

Opportunities versus risks in Crypto trading
September 27, 2021 08:33 PM AEST| By AayushHighlights Crypto trading seems lucrative solely because of the uncanny ability of these coins to move in the blink of an eye. There are more scary stories of crypto traders than much-hyped “rags to riches”, but these aren’t h.....
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What would happen after the Furlough Scheme ends in UK?
September 27, 2021 08:03 PM AEST| By Rishika RainaAt a cost of £70 billion, the furlough scheme of the Boris Johnson Government has been hailed as a great success as it supported 11.6 million workers in the time of an economic crises. Ending this week, the scheme has been in place for 18 mon.....

GlaxoSmithKline (GSK), Vistry (VTY), Wise & Supreme (SUP): Stocks to buy?
September 27, 2021 07:50 PM AEST| By Sreenivas D AjankarHighlights The UK government might approve a plan to build new generation nuclear power plants by 2050. The nuclear power plant setup will help Britain meet future energy demand and achieve its 2050 net-zero carbon emission target. GlaxoSmithK.....
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Why UK government should introduce stringent law to counter frauds
September 27, 2021 07:00 PM AEST| By Priya BhandariAs scams and fraudulent activities, dangerous products and fake reviews appearing on the online platforms are increasing in the UK, there is a buzz that the Boris Johnson government and regulator should bring some stringent laws or take steps to ma.....
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Polestar IPO: What to expect from the listing of this EV maker?
September 27, 2021 06:51 PM AEST| By Suhita PoddarSweden based electric vehicle (EV) maker, Polestar, is planning a public listing by merging with a special purpose acquisition company (SPAC), Gores Guggenheim, according to a Wall Street Journal report. The combined entity following the SPAC merg.....
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Why is Axion crypto grabbing limelight today?
September 27, 2021 06:43 PM AEST| By SamtaHighlights AXN is trading 144.94% higher in the last 24 hours with a trading volume of US$1.48 million. Bitcoin fell by 0.345% on Saturday, following a 4.54% drop on Friday, ending the day at $42,714.0. Buyer can purchase AXN at a discounted r.....

What powered Bitcoin, Ether and other cryptos to shoot up despite China ban
September 27, 2021 06:17 PM AEST| By Chitranjan KumarHighlights Bitcoin price rose 4.4% to trade around US$44,100 on Monday. Ether has made a huge gain of 10% in the past 24 hours. Cardano rose 0.7%, Binance Coin gained 4%, and Dogecoin prices rose 1.7%. Uniswap and SushiSwap emerged as bigge...
AI on the Rise: A Look at Top AI Companies and Their Stocks