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How Bitcoin went from offering 122% YTD return to being an underperformer
July 21, 2021 05:03 AM BST| By Furquan MoharkanBitcoin, Ethereum and Ripple coins - largest cryptocurrencies by market capitalisation In April 2021, when the world’s largest cryptocurrency – Bitcoin – touched the US$64,000 mark, it enthralled its investors with a whopping year-...
APAC markets bounce back in green on Wall Street rebound
July 21, 2021 03:03 AM BST| By Furquan MoharkanSummary APAC markets have made a strong comeback. Australia, Japan are among the region’s star performers. Chinese shares remain flat. The equity markets in the Asia Pacific region rebounded on Wednesday after a day of huge losses y.....
COVID-19 fears continue to loom large on Tokyo Olympics
July 21, 2021 02:09 AM BST| By Furquan MoharkanThe fears about a resurgence of the COVID-19 pandemic are still weighing heavy on Olympics 2020, as officials didn’t rule out the eleventh-hour cancellation. More and more athletes have started testing positive for the virus, and sponsors have...
US market rebounds, closes higher
July 20, 2021 10:58 PM BST| By Team Kalkine MediaBenchmark US indices snapped Monday’s losses to close higher on Tuesday, July 20. Wall Street had witnessed a broad selloff yesterday amid concerns about the increasing coronavirus cases. However, investors today rushed to buy more shares from...
‘Best day ever’, says Jeff Bezos on Blue Origin spaceflight launch
July 20, 2021 05:40 PM BST| By Sanjeeb BaruahA glorious new chapter was added to the international commercial space tourism program on Tuesday. In 10 minutes and 10 seconds, Amazon founder Jeff Bezos along with a three-member crew, successfully reached space and landed back on Earth. In thes.....
Blue Origin spaceflight: All details about the crew and voyage
July 20, 2021 02:14 PM BST| By Kamalika GhoshAmazon founder and billionaire Jeff Bezos is all set to make history by going 100 kilometres above the surface of Earth on the Blue Origin’s New Shepard rocket today (20 July), which also marks the 52nd anniversary of the Apollo 11’s mo.....
Britain’s complete unlock a calculated risk or a wild blunder?
July 20, 2021 07:22 AM BST| By Team Kalkine MediaSummary The UK government has announced easing of almost all COVID-19 restrictions. Experts have sounded alarm on Britain’s unlock strategy, calling it a threat to the world and a potential ground for the emergence of COVID-19 variants th.....
Take a look at top 10 global renewable energy stocks
July 20, 2021 06:56 AM BST| By ManikaGreen energy has been a hot topic for some years now. With companies pumping in trillions of dollars the potential for growth in clean energy stocks in huge. However, so far, the green energy stocks haven't always performed very well. Even w.....
APAC markets in red as Wall Street sees steepest decline in nine months
July 20, 2021 04:01 AM BST| By Furquan MoharkanSummary APAC follows Wall Street into losses Hong Kong Markets worst hit India markets likely to open on positive note The ripples of Wall Street crash overnight in US were felt in the Asia Pacific region on the Tuesday morning, as the ma.....
Airline stocks crash as rising COVID-19 cases hit Wall Street hard
July 20, 2021 02:31 AM BST| By Furquan MoharkanShares of US airline companies crashed on Monday as a spike in COVID-19 cases raised alarm bells about the economic recovery, hitting hard one of the sectors, which thrives only when the pandemic restrictions are eased. Shares of United Airlines Hol...
US stocks decline over fears of rising COVID cases
July 19, 2021 10:38 PM BST| By Team Kalkine MediaBenchmark US indices edged lower on Monday, July 19, amid concerns over the Covid-19 cases. Investors sold off airline and cruise stocks fearing that the rebound in new cases could lead to new restrictions and delay the recovery from pandemic. The S...
India’s digital payments giant Paytm files for US$2.2 billion IPO
July 19, 2021 09:17 AM BST| By Furquan MoharkanPaytm, the digital payments start-up of India, is set to launch its Initial Public Offering (IPO) worth INR166 billion (US$2.2 billion), it informed the country’s market regulator – Securities and Exchange Board of India (SEBI) – in...
Four days to go for Tokyo Olympics: The carnival set to begin this week
July 19, 2021 05:23 AM BST| By Furquan MoharkanThe 2020 Summer Olympics games are just around the corner and will be held mostly in the Japanese capital city of Tokyo. Having been deferred for over a year due to the COVID-19 pandemic, the mega-sports event will begin later this week on 23 July 20...
Senate Democrats draft bill to legalize cannabis: A look at eight global cannabis shares
July 19, 2021 03:58 AM BST| By Tripti JoshiSummary Senate Democrats plan to announce a draft bill to end the federal prohibition on cannabis and remove federal non-violent cannabis convictions. The Canadian cannabis players may benefit the most from the US federal legalization as curren.....
APAC markets in red as investors track oil prices
July 19, 2021 03:41 AM BST| By Furquan MoharkanSummary The equity markets in APAC have opened in the red. Investors are guarded after the OPEC deal. China, Australia and Japan were the worst performing markets in the morning; Hong Kong was the best. The equity markets across the Asia .....
Is Tesla Cybertruck a giant leap in design?
July 19, 2021 02:15 AM BST| By Anam SiddiquiSummary Tesla is set to bring its Cybertruck into the market, boasting unconventional sharp trapezoid design without door handles. While Tesla's all-electric SUV and sedan are already witnessing strong popularity, Cybertruck will mark the.....
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How to invest in stocks of foreign companies?
July 18, 2021 09:17 AM BST| By ManikaSummary These days there are many opportunities for investing in foreign stocks One can do it through ADRs, GDRS An investor can also buy ETFs or international mutual funds besides foreign direct investment route. Gone are the days when i.....
Can APEC meeting led by New Zealand lead to a meaningful outcome?
July 18, 2021 05:45 AM BST| By ManikaSummary APEC meeting was virtually hosted by New Zealand and chaired by Prime Minister Jacinda Ardern The main aim of the meeting was to discuss ways to strengthen drive against COVID-19 The U.S. emphasizes the need for multilateralism. T.....
Stablecoins come under the scanner of U.S regulators on Monday
July 18, 2021 05:33 AM BST| By ManikaThe regulators around the world are becoming serious about the role of stablecoins in financial system. The Treasury Secretary Janet Yellen along with the U.S. Government’s Working Group on Financial Markets will be discussing the role of sta.....
Why regular physical activity is critical to your mental health
July 17, 2021 03:48 PM BST| By Team Kalkine MediaAlthough the benefits of regular exercise are well-established, most people find it hard to accomplish. Yet, time and again, experts have emphasized the importance of everyday workouts to your physical and mental health. According to 2019 data of th...
