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Investors take notice as ADAX surges over 150%
August 24, 2021 01:17 PM AEST| By Daniel Paul JohnsSummary ADAX facilitates trades within the Cardano network to shorten the time it takes to complete a network transaction and reduce the monetary costs of those transactions. ADAX’s revolutionary development is designed to offer faster tr.....
Pfizer-BioNTech’s COMIRNATY® becomes the first US FDA-approved COVID-19 vaccine
August 24, 2021 01:03 PM AEST| By Tripti JoshiIn what could be considered a significant milestone in the fight against the deadly COVID-19 pandemic, the US Food and Drug Administration (FDA) has given the green light to Pfizer-BioNTech’s COVID-19 vaccine. On 23 August, Pfizer (NYSE:PFE).....
Branson's Virgin Orbit plans to go public through a US$3.2 bn SPAC deal
August 24, 2021 08:12 AM AEST| By Team Kalkine MediaHighlights Virgin Orbit is in talks for a Nasdaq listing under the ticker 'VORB' after a US$3.2 billion SPAC deal with NextGen Acquisition Corp II (NASDAQ: NGCA). The Boeing Company (NYSE: BA) will also invest in the deal. Stocks of NextGen (.....
S&P 500, Nasdaq hit record highs after tech, energy stocks rally
August 24, 2021 07:43 AM AEST| By Sanjeeb BaruahBenchmark US indices closed at record highs on Monday, August 23, pulled up by gains in technology and energy segments as investors turned their focus on riskier assets amid hopes of a faster economic recovery. The S&P 500 was up 0.85% to 4,479....
Is Australian EV market on the path to boom?
August 24, 2021 06:15 AM AEST| By Team Kalkine MediaThe year 2020 saw global sales of electric vehicles surge by 41% to almost 3 million, according to IEA (International Energy Agency). This decline was contrasting to the 6% overall decline in vehicle sales. According to the Global EV Outlook 2021 r.....
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I3 Energy completes Central Alberta strategic asset acquisition
August 24, 2021 12:45 AM AEST| By Team Kalkine MediaHighlights Independent energy firm I3 Energy has completed its strategic asset sale from Canadian energy firm Cenovus Energy. This strategic asset sale is expected to add up to 8,400 boepd to I3 Energy’s production, boost free cash .....
What's the new customer verification process introduced by Binance
August 23, 2021 07:48 PM AEST| By Suhita PoddarWorld’s leading Cryptocurrency exchange Binance has recently announced that it will be tightening the verification requirements of its expanded know-your-customer (KYC) policy on its platform for customer in a bid to strengthen efforts agains.....
PayPal rolls out crypto services in the UK
August 23, 2021 07:17 PM AEST| By Team Kalkine MediaHighlights The mainstream adoption of digital currency is innately leading to global advancement in payments and trading system. PayPal Holdings Inc. has launched its crypto trading services in the United Kingdom. Following the launch, the sto.....
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Is it time to update the UK's ancient tax structure?
August 23, 2021 07:01 PM AEST| By Kamalika GhoshThe UK’s Office of Tax Simplification (OTS) is looking to update its centuries old end of the tax year date from April 5 to either March 31 or the end of the calendar year. In June, the OTS published a report, looking at the pros and cons of.....
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Changing the Face of Content: What is Contentos?
August 23, 2021 06:32 PM AEST| By Daniel Paul JohnsHighlights Contentos’ intent is to create a decentralised content network where assets can be openly produced and distributed. Contentos is a blueprint for what digital content might look like in the future. Furthermore, its design .....
APAC markets start the week on a high, major indices surge 2%
August 23, 2021 06:21 PM AEST| By Furquan MoharkanEquity markets in the Asia Pacific (APAC) region were rallying on Monday morning after the Hong Kong markets bounced back from last week’s bearish trend. By Monday afternoon, the benchmark Hang Seng Index of Hong Kong was trading 1.78% higher,...
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Bitcoin touches $50,000 for the first time since May
August 23, 2021 04:45 PM AEST| By Suhita PoddarHighlights Bitcoin touched the $50,000 mark for the first time since May The leading cryptocurrency was up by 2.47% and was trading at $50,311.40, according to CoinMarketCap. After it reached the record-high $65,000 in mid-April, i.....
How have emerging markets fared in 2021?
August 23, 2021 12:49 PM AEST| By Furquan MoharkanGlobal equity markets have been garnering everyone’s attention. After tanking into bear zone in March 2020, the markets recovered soon and have been witnessing an unprecedented rally for the past 1.5 years now despite the economy being in tatte...
Should Australia take a leaf out of India’s book to handle economy amid COVID-19?
August 23, 2021 12:10 PM AEST| By Furquan MoharkanBack in November 2018, when Australian Prime Minister Scott Morrison and Indian Prime Minister Narendra Modi adopted the India Economic Strategy 2035 at Hotel Amora Jamison in Sydney, an excited Mr Morrison spent a considerable part of speech on his...
Convalescent plasma therapy for COVID-19: are there any benefits?
August 23, 2021 12:06 PM AEST| By Tripti JoshiHighlights The National Institutes of Health (NIH) recently announced the final results from a study assessing convalescent plasma (CP) therapy in COVID-19 outpatients with early symptoms. The results demonstrated no significant benefit of the .....
Anti-lockdown protests turn violent in Australia; scores arrested
August 22, 2021 11:05 PM AEST| By Team Kalkine MediaHighlights Over 4,000 people took to the streets in Melbourne and Sydney to protest the extension of the covid lockdown. Police arrested some 200 protestors in Melbourne as they attacked the police personnel trying to stop them. Nine cops were .....
Top 5 commodities to watch for investment
August 22, 2021 12:35 AM AEST| By Team Kalkine MediaPrices of commodities have reached new heights in 2021. Higher demand with supply glut drove prices of leading commodities. Higher prices are encouraging more investment into commodities. Investors are putting money in the commodity market for futu.....
How to shield kids from delta variant as they return to school?
August 22, 2021 12:24 AM AEST| By Ankit SethiHighlights From the US to Australia, countries are gripped by the new delta variant. An increased number of people are testing positive for the variant, and hospitalizations are up. The biggest concern is the rise of cases among children and t.....
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Five stocks that never left Buffet’s basket despite pandemic headwinds
August 22, 2021 12:17 AM AEST| By Team Kalkine MediaHelter-skelter is the one word describing everything globally since a tiny virus crossed Chinese borders and wreaked havoc. The financial markets were no exception. Yet, it was interesting that other than the hope of overcoming the challenge, what .....
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How to diversify cryptocurrency portfolio?
August 22, 2021 12:11 AM AEST| By Team Kalkine MediaHighlights Diversification of the crypto portfolio is similar to the diversification of traditional portfolios. With thousands of cryptocurrencies, it is a cumbersome task to choose the right currency for a portfolio. Choosing the right crypto.....
