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News
Weekly roundup of FTSE 100 risers and fallers (September 20-24)
September 25, 2021 09:31 AM AEST| By Sreenivas D AjankarFTSE 100 snapped the week in red but managed to hold the key support level of 7,000 after a mid-week rally. Here we are giving the roundup of the top gainer and top loser of every day during the passing week. 20 September 2021 Top riser: Interna...
Famous five of business this week (September 20-24)
September 25, 2021 09:26 AM AEST| By Team Kalkine Media1. Royal Dutch Shell Plc (LON: RDSA) Royal Dutch Shell will be replacing its existing diesel boats in Singapore, used to transport employees and visitors between Mainland Singapore and Bukom island, where its oi...
Tortilla IPO: When can you buy this casual dining chain’s shares on AIM?
September 25, 2021 09:21 AM AEST| By Suhita PoddarHighlights Mexican restaurant chain business Tortilla is planning to publicly list on the AIM sub market on or around 8 October The company has an estimated market valuation of £70 million The group plans to expand into 45 new locations .....
US indices close week mixed, weighed down by tech stocks
September 25, 2021 07:44 AM AEST| By Sanjeeb BaruahBenchmark US indices closed the trading week mixed on Friday, September 24, pulled down by losses in technology and healthcare sectors amid mixed global cues. The S&P 500 was up 0.15% to 4,455.48. The Dow Jones rose 0.10% to 34,798.00. The NASDA...
Energy & Healthcare Shares Gained Momentum; FTSE 100 down 0.38%
September 25, 2021 04:17 AM AEST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in red - particularly, the S&P 500 index traded 7.84 points or 0.18 per cent lower at 4,441.14, Dow Jones Industrial Average Index dipped by 64.16 points or 0.18 per cent lower at 34,700.66,...
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Why FTSE 100 investors worrying about Evergrande’s trouble
September 24, 2021 11:24 PM AEST| By AbhijeetHighlights London equities slipped into negative zone after three-day rally Investors’ sentiment have been severely battered by the Evergrade’s situation Persisting staff crisis have worsened the dynamics for businesses and investo.....
FTSE 100 trades lower led by a decline in retail and housing stocks
September 24, 2021 10:59 PM AEST| By Sreenivas D AjankarHighlights FTSE100 trades in the red, down by 0.22% at 7,062, while mid-cap focused FTSE250 index was at 23,670, down by 0.67%. Crude oil price is trading at two months high and on track for the third straight week of gain following outpu.....
3 FTSE 100 petrol station operators in focus amid lorry driver shortage
September 24, 2021 10:47 PM AEST| By Suhita PoddarHighlights Lorry driver shortages due to an ongoing supply chain disruption has caused several petrol operators in the UK to shut shops temporarily. BP, the largest petrol operator in the UK, said it had closed some of its forecourts due .....
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All Crypto Transactions Are Illegal, Says China's PBOC
September 24, 2021 10:36 PM AEST| By Manu ShankarHighlights The People’s Bank of China (PBOC) has said that as cryptocurrencies don’t form a part of the payment system. On Friday, Bitcoin was perhaps one of the first one to react to the statement as its prices immediately dropped .....
Argo Blockchain, Rolls-Royce, Quadrise & Horizonte: 4 FTSE stocks in focus
September 24, 2021 09:17 PM AEST| By Sreenivas D AjankarHighlights The GfK consumer confidence dropped to -13 in September, the lowest level since April 2021. Peoples’ confidence in the economic outlook declined mainly due to the rise in energy prices, which led to a rise in household energy b.....
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PBOC Says All Crypto-Related Transactions Are Illegal
September 24, 2021 08:22 PM AEST| By Manu ShankarIn a major crackdown on the cryptocurrency market, China’s central bank, The People’s Bank of China, announced that all the cryptocurrencies in the country will now be deemed illegal and should be banned from trading. The People’.....
7 Roadblocks every EV customer is facing
September 24, 2021 07:12 PM AEST| By Mohammad ZaidHighlights Electric car sales touched 2.1 million worldwide, surpassing the numbers in 2018. EV adoption is gaining pace across the globe, but there are numerous roadblocks to the adoption of EVs by customers. Overcoming these challenges.....
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Argo Blockchain IPO: What do we know about ARBK’s Nasdaq listing?
September 24, 2021 06:36 PM AEST| By Suhita PoddarHighlights LSE listed crypto mining company Argo Blockchain set its NASDAQ listing terms on 14 September and started trading on Thursday Argo’s NASDAQ IPO price was set at US$ 15 per American Depositary Shares, and the offering is e.....
Why China Evergrande Group shares sank 12% today
September 24, 2021 06:30 PM AEST| By Chitranjan KumarHighlights China Evergrande Group shares nosedived over 12% on Friday. The stock has tumbled 46% in past one month and 83% since the beginning of this year. The real estate giant’s debt deadline for US$83.5 million interest payment elaps.....
How soaring inflation might sway interest rates
September 24, 2021 06:19 PM AEST| By Furquan MoharkanHighlights The BoE and Fed have indicated rate hikes and taper early next year. The RBA has already truncated its bond buying programme. Inflation is pushing central banks to adopt hawkish policy. Inflation is running hot and it may drive.....
Did you miss these one-year gains on Ethereum?
September 24, 2021 05:56 PM AEST| By Akanksha VashishtEthereum has cemented its place in the crypto world as the world’s first programmable money. Being the second largest cryptocurrency in the world, Ethereum surpassed Bitcoin in terms of the crypto’s price rise during early 2021. Such m.....
How much would you have made in Bitcoin in one year?
September 24, 2021 05:36 PM AEST| By Akanksha VashishtBitcoin has been the star of the cryptocurrency realm, with all eyes fixed on the price movements of the internet’s favourite cryptocurrency. The previous year has been exceptional for Bitcoin owing to some major developments affecting its pr.....
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Internet sensation Chloe Clem to sell her iconic meme as NFT
September 24, 2021 04:51 PM AEST| By SamtaThe famous meme girl “Side-eyeing Chloe’’ is selling her “disapproving look” meme – an iconic reaction photo used as meme over the internet -- as an NFT. Representative Image Source: © Jirsak | Megapixl.c.....
Debt, mortgage and collateral: Decoding the jargons
September 24, 2021 02:55 PM AEST| By Furquan MoharkanThe Evergrande fiasco has brought back the focus on debt, a term that motivates as well as scares people. The Chinese property developer, hit by a severe liquidity crunch, sits on a pile of debt worth US$305 billion – 2.1% of the country&rsquo...
Five factors that affect Bitcoin’s price
September 24, 2021 02:00 PM AEST| By AayushLike most cryptocurrencies, Bitcoin is quite volatile. The largest crypto in the world has fallen over 50% from its peak of ~US$64,800 after delivering a mammoth gain this year. Before investing in Bitcoin, an investor should ask this question &nda.....
AI on the Rise: A Look at Top AI Companies and Their Stocks