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Wall Street stocks end flat ahead of big tech earnings week
July 26, 2021 10:48 PM BST| By Sanjeeb BaruahUS stocks closed flat on Monday, July 26, as investors seemed to have taken a break ahead of a busy earnings week with many big technology giants like Amazon, Google and Facebook are lining up for second-quarter reporting. The S&P 500 was up 0.2...
How have APAC currencies stacked up against the US dollar this year?
July 26, 2021 07:53 AM BST| By Furquan MoharkanThe foreign exchange rate of any country is a key determinant of the economic health of that country. As most currencies are globally pegged against the US Dollar, hence the currency of a particular country starts depreciating in times of economic tu...
What is happening in APAC markets?
July 26, 2021 04:47 AM BST| By Furquan MoharkanLast week was a volatile one for the Asia Pacific (APAC) equity markets. On one hand, the equities across the region tried to follow the cues of Wall Street, while, on the other hand, domestic woes weighed heavy. The primary woes, that impacted the...
What’s impeding global vaccination drive? Debunking myths about COVID-19 vaccines
July 26, 2021 04:15 AM BST| By Team Kalkine MediaSummary Vaccination has been a game-changing tool in the battle against the COVID-19 pandemic. Over 3.6 billion people have been successfully vaccinated across the globe. Rising concerns about vaccine safety have triggered countless challenges.....
Why is China tightening the noose for tech companies?
July 26, 2021 03:24 AM BST| By Furquan MoharkanThe crackdown by the Chinese government on its tech companies has been making headlines for about 10 months now. In the latest bout of crackdown, the Chinese anti-trust regulator – State Administration for Market Regulation (SAMR) – impo...
Chinese government cracks down on Tencent
July 25, 2021 08:04 AM BST| By Furquan MoharkanThe Chinese communist government has cracked down on multinational technology conglomerate holding company – Tencent Holding Ltd – in a stated goal of restoring fair competition in the market. The State Administration for Market Regulati...
COVID-19 has a new epicentre; and that is worrying
July 25, 2021 06:09 AM BST| By Furquan MoharkanAs COVID-19 pandemic seems unrelenting, it has found new epicentre: a yet another country in the Asia Pacific (APAC) region – Indonesia. In the past one month, the archipelago on the top of Australia has reported 1.07 million fresh COVID-19 ca...
How are M&As shaping the Australian oil and gas industry?
July 24, 2021 03:12 PM BST| By Team Kalkine MediaSummary Oil prices were on the move with the onset of the COVID-19 pandemic, affecting the business of many Australian companies. With disruptions in the demand market, With M&As to shrink focus on core and profitable operations or expand c.....
US benchmarks end week in green as tech stocks rise
July 23, 2021 09:41 PM BST| By Sanjeeb BaruahAll major US stock markets closed the week on a positive note on Friday, July 23, as the mega-cap technology and consumer stocks rallied, lifting the S&P 500 and NASDAQ Composite to record closes. The S&P 500 was up 1.01% to 4,411.79. The Do...
What is bond market telling us about inflation?
July 23, 2021 03:53 PM BST| By Furquan MoharkanA month back, fears over growing inflation gripped the financial system across the globe. The global economy seemed overheated. The global central banks were caught in a dilemma: economies had just crawled out of recession and needed some support; i...
What is a virtual private network? How does it work?
July 23, 2021 03:41 PM BST| By Sonal SinhaSummary A virtual private network (VPN) is an encrypted connection over the internet from a device to the network. A VPN helps to determine the way data would be routed via a connection. A virtual private network operates on the network .....
What is vertical farming?
July 23, 2021 03:16 PM BST| By Sonal SinhaSummary Vertical farming is a farming technique in which plants and crops are grown indoors in vertically stacked layers and under an artificially controlled environment. Hydroponics, aquaponics, and aeroponics are three techniques of vertical .....
Pegasus ‘snoopgate’ scandal: What we know so far
July 23, 2021 11:57 AM BST| By Ankit SethiPegagus, highly sophisticated spy software developed by Israel-based cyber intelligence company NSO Group, can infiltrate even the most secure systems. Allegedly used as a surveillance tool by both state and non-state actors, the software has captu.....
Which are the most valuable companies in China?
July 23, 2021 05:52 AM BST| By Furquan MoharkanHate me or love me, but you can’t ignore me: this is the statement that China might be humming to the world right now. Over the years, especially since the turn of the millennium, has grown at an unbelievable rate. By 2020, China had cemented...
Is India’s central bank set to roll out its own digital currency?
July 23, 2021 03:44 AM BST| By Furquan MoharkanIndia – the world’s most populous country and a start-up hub – is likely to start its official central bank-backed digital currency (CBDC) soon. “RBI is currently working towards a phased implementation strategy and examining...
US stocks end flat after spike in jobless benefits claims
July 22, 2021 10:34 PM BST| By Sanjeeb BaruahUS stocks closed flat on Thursday, July 22, after two consecutive sessions of solid gains as investors weighed a sudden spike in unemployment benefits claims and threats from Covid’s Delta mutant. The S&P 500 was up 0.20% to 4,367.48. The...
What does Biden administration’s latest move on cryptocurrency mean for investors?
July 22, 2021 04:41 AM BST| By Furquan MoharkanThere have long been concerns surrounding the underground economy supported by cryptocurrencies. Few years back, the global drug trafficking was also alleged to be supported by digital currencies. With more and more formalisation of cryptocurrencies,...
What is brewing in the APAC markets?
July 22, 2021 03:51 AM BST| By Furquan MoharkanIt has been a mixed week for the Asia Pacific (APAC) equity markets – at least till now. While the key benchmarks across the region tanked in the beginning of the week, they recovered most of the losses in Wednesday’s rally. The trigger...
Worried about COVID-19? Here’s what you can do to stave off the virus
July 22, 2021 02:33 AM BST| By Furquan MoharkanIn May, when India hit the second wave peak, the world hoped that the virus might have been gone for good. But the tenacious virus seems to have another plan. The virus can beat any mobile phone maker fair and square, when it comes to upgrades. The v...
US stocks surge on robust earnings reports
July 21, 2021 10:47 PM BST| By Sanjeeb BaruahBenchmark US indices closed higher on Wednesday, July 21, continuing their gains from the previous session as positive quarterly earnings reports lifted the investors' sentiments. The S&P 500 was up 0.82% to 4,358.69. The Dow Jones gained 0.83%...
