World news

Why is China tightening the noose for tech companies?

July 26, 2021 12:24 PM AEST| By Furquan Moharkan

The 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 05:04 PM AEST| By Furquan Moharkan

The 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 03:09 PM AEST| By Furquan Moharkan

As 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 25, 2021 12:12 AM AEST| By Team Kalkine Media

Summary 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.....

How is Tesla shaping battery material investment in Australia

July 25, 2021 12:09 AM AEST| By Team Kalkine Media

Tesla (NASDAQ: TSLA) yet again garnered the attention of the investors who trade in the Australian mining sectors. Recently, BHP Group Limited (ASX:BHP) announced that the mining company has sealed a nickel supply deal with the US electric car comp.....

How is Australia gearing up for climate change?

July 25, 2021 12:03 AM AEST| By Team Kalkine Media

Australia is one of the largest greenhouse gas emitters in the world. Prime Minister of Australia Scott Morrison stated that the country’s “climate policy settings are to meet and beat the emission reduction targets.” However, a r.....

US benchmarks end week in green as tech stocks rise

July 24, 2021 06:41 AM AEST| By Sanjeeb Baruah

All 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 24, 2021 12:53 AM AEST| By Furquan Moharkan

A 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 24, 2021 12:41 AM AEST| By Sonal Sinha

Summary 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 24, 2021 12:16 AM AEST| By Sonal Sinha

Summary 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 08:57 PM AEST| By Ankit Sethi

Pegagus, 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 02:52 PM AEST| By Furquan Moharkan

Hate 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 12:44 PM AEST| By Furquan Moharkan

India – 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 23, 2021 07:34 AM AEST| By Sanjeeb Baruah

US 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 01:41 PM AEST| By Furquan Moharkan

There 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 12:51 PM AEST| By Furquan Moharkan

It 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 11:33 AM AEST| By Furquan Moharkan

In 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...