News

A New Copyright Lawsuit May Unveil Bitcoin’s True Founder

Summary Australian Craig Wright is filing a copyright claim against the website Bitcoin.org, claiming he is the true founder of the cryptocurrency...

Warren Buffett roots for retained earnings, rues Apple share sale

Ace investor and billionaire Warren Buffett has batted for the importance of retained earnings at a time when more and more investors are pitching for...

Good News For Crypto Lovers: Coinbase Allows Crypto Purchase Via Pay...

Summary Coinbase allows its customers to buy cryptocurrencies using bank accounts linked to PayPal. Coinbase’s users can purchase up to US$2...

Crucial events that can sway global markets this week

The rally in the global equity markets has flattened in last few months. Mixed macro numbers numbers and India’s burgeoning COVID-19 numbers are...

Is China a major threat to US national security?

Summary China is seen as a strategic competitor by the US. US-China relations revolve around competition for global power and technology usage. S...

3 Key Things That Will Shape Markets in the Coming Week

US stocks dropped on Friday but reported gains for April after expectations of strong earnings report. The week of April 30 came to a close with figu...

Global COVID-19 cases cross 152 million, India amongst top contribut...

Since the COVID-19 virus wreaked havoc on people's lives all over the world, nations have been struggling to fight infections that keep resurfacing du...

Global dealmaking is booming; and Wall Street is cashing on it

The global banks are seeing a massive surge in the revenues generated from their investment banking division as the global dealmaking is booming. Eur...

FTSE 100 traded higher after a record surge in UK house prices durin...

US Markets: Broader indices in the United States traded in red - particularly, the S&P 500 index traded 25.26 points or 0.60 per cent lower at 4,1...

£5-bn Project Gigabit to Ensure Connectivity for Hard-To-Reach Homes...

Summary The UK government has set out a multi-billion infrastructure project to bolster the connectivity in the hard-to-reach areas Following the...

DCMS Inducts New Cyber Security Laws to Safeguard Smart Devices

Summary  The Department of Digital, Culture, Media & Sports) has introduced new cybersecurity laws Nearly 49 per cent of UK residents hav...

How Central Banks' domestic gold purchase plan can formalise artisan...

Summary Artisanal and small-scale mining has grown significantly since the start of this century. There are various drawbacks of artisanal gold mi...

Big Tech gets bigger in March quarter

In the week gone by, five biggest tech companies – Apple Inc (NASDAQ:AAPL), Microsoft Corporation (NASDAQ:MSFT), Alphabet Inc (NASDAQ:GOOG), Ama...

Didi, ByteDance among top Chinese firms set for US IPO in 2021

Summary As many as 60 Chinese companies are lined up to launch IPO in the US. China's biggest unicorns ByteDance and Didi Chuxing may hit the US c...

Can Ethereum Surpass Bitcoin In Terms Of Market Cap?

Ethereum made headlines this week in April as the European Investment Bank (EIB) launched its "digital bond" sale worth US$128 million using the block...

Ether Hits All-Time High Taking the Spotlight Away from Bitcoin

Summary Ether rose to AU$3,500 on Thursday, achieving an all-time high for the cryptocurrency. The crypto’s rise has weakened Bitcoin’...

Will Standard Chartered PLC Continue to Advance Post a Bullish Break...

Summary Standard Chartered PLC (LON: STAN) gained 5.63 percent in the last trading session and soared ~13.40 percent in the last 7 trading sessions...

Rolls-Royce Holdings PLC Makes a Bullish Engulfing Pattern, How are...

Summary Rolls-Royce Holdings PLC (LON: RR.) is up by 197.60 percent from October 2020 low of GBX 34.59. Prices have taken crucial support from th...

Game on for Crypto: Inverse ETFs Will Create a Bull Vs Bear Race

Summary Horizon ETF Management has launched the first inverse Bitcoin ETF, allowing investors to short crypto much in the same way investors can sh...

How have the stocks of Big 5 tech firms responded to their quarterly...

Marked by the results of the biggest five tech giants in the US, this week was probably the most crucial one of the ongoing earnings season. Alphabet,...