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News
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Google fined for abusing mobile market dominance in South Korea
September 14, 2021 07:34 PM AEST| By Team Kalkine MediaHighlights The South Korea’s antitrust agency fined Google for abusing market dominance. Google has been investigated for allegedly using its market position to block smartphone makers as per Korea Fair Trade Commission. The regula.....
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South Korea's strict crypto regulations: Will investors face the brunt?
September 14, 2021 07:14 PM AEST| By Manu ShankarHighlights South Korea’s Financial Services Commission (FSC) has given the smaller cryptocurrency exchanges time till September 24 to apply for an official license. If they fail to comply, they could lose their right to operate in the cou.....
Toast IPO: When can you buy shares of this restaurant software provider?
September 14, 2021 06:31 PM AEST| By Suhita PoddarHighlights Restaurant software provider Toast plans to raise up to US$ 717 million in upcoming NYSE IPO to be likely held next week. The shares are priced in a range of US$ 30 to US$ 33, which gives the company an approximate valuation of abou...
Litecoin’s prices roll back after Walmart deal hoax
September 14, 2021 05:55 PM AEST| By Manu ShankarHighlights The prices of Litecoin have rolled back to US $178.45 on Tuesday with a 24-hour trading volume of US $8,99,18,83,634. On Monday, news came in that retailer giant Walmart would accept cryptos for its online purchases. However, the ne.....
Why is stablecoin catching investors’ attention?
September 14, 2021 05:20 PM AEST| By Daniel Paul JohnsHighlights A stablecoin is a digital currency which is tied to a commodity or fiat currency, like the US dollar A Stablecoin’s value will remain stable even after an extended period of time and this will ease losses should a sig.....
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Why people want an overhaul of childcare costs in UK
September 14, 2021 04:29 PM AEST| By Rishika RainaHighlights The UK has the highest childcare costs across the globe after Slovakia and Switzerland. UK Parents are finding the costs unaffordable and are demanding for an overhaul of childcare costs. According to latest OECD data, the UK ha.....
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Swiss digital exchange SIX gets green light to launch digital bourse
September 14, 2021 04:23 PM AEST| By AayushHighlights SDX has secured two licences from the Swiss Financial Market Supervisory Authority (FINMA) to act as an exchange and central securities depository. It is planning to establish a global network for digital assets to include major play.....
Walmart Hoax Leads to Litecoin Surge
September 14, 2021 04:16 PM AEST| By Daniel Paul JohnsA press release from US retail giant, Walmart, announcing a partnership with cryptocurrency Litecoin, had been declared a hoax. The retailer is looking into how such a slip up could have occurred. The fake announcement briefly led to Litecoin jum.....
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5 LSE-Listed Undervalued Stocks You Can Buy Now
September 14, 2021 03:59 PM AEST| By Rishika RainaHighlights Market valuation of stocks isn’t always perfect, certain stocks may be undervalued. P/E ratio is the most popular equity valuation method, Lower p/e ratio suggests that which stocks are undervalued. According to a c.....
Oil rises on slow supply recovery from the US
September 14, 2021 12:14 PM AEST| By Team Kalkine MediaStock Photo Oil Prices Rise Crude oil prices soared to six-week high on Monday due to slow recovery in the US output, two weeks after Hurricane Ida hit the coast. The prices were additionally lifted by the concern of another storm that could h...
Iceland starts the world’s largest carbon dioxide capturing plant
September 14, 2021 12:11 PM AEST| By Team Kalkine MediaCarbon Dioxide Capture Technology Iceland has started operating the world’s largest plant that captures carbon dioxide from the air and deposits it into the ground. Climeworks AG, a Swiss start-up has teamed up with Iceland’s carbon stor...
UN warns of starvation crisis in Afghanistan; one million children ‘could die’
September 14, 2021 11:48 AM AEST| By Furquan MoharkanHighlights UNICEF warns of one million starvation cases by this year in Afghanistan. The UN body’s chief fears that many will die of starvation. 600,000 people, more than half of whom are children, have been displaced by conflict. O.....
Apple iPhone 13 launch: Five things to know about California Streaming event
September 14, 2021 11:10 AM AEST| By AshishApple is all set for the launch of its much-hyped grand event scheduled on 14 September. The Apple’s fall event, titled California Streaming, will be hosted virtually and is highly expected to unveil four new iPhone models-- iPhone 13, iPhone.....
How long will COVID-19 pandemic last? Will it continue into 2022?
September 14, 2021 09:13 AM AEST| By Team Kalkine MediaAs the world is battling its once-in-a-hundred-years deadly contagion in the form of COVID-19 pandemic, the people are eagerly awaiting its end. The question on the end of the pandemic is on the mind of many people. But no one can give a definitiv.....
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US stocks close mixed as lawmakers mull tax hike
September 14, 2021 08:09 AM AEST| By Sanjeeb BaruahBenchmark US stock indices closed mixed on Monday, September 13, after lawmakers unveiled plans to raise the corporate tax by around 26% in a new spending bill worth US$3.5 trillion. The S&P 500 was up 0.23% to 4,468.73. The Dow Jones rose 0.76%...
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Energy and Utility Shares Lifted FTSE 100 Higher by 0.56%
September 14, 2021 04:12 AM AEST| By Team Kalkine MediaUS Market News: The major indices of Wall Street traded on a mixed note as investors waited for the critical inflation data to be released tomorrow. Among the gaining stocks, MGM Resorts International (MGM) shares grew by around 1.71% after Bernstein...
10 Crypto Terms to Know Before You Invest
September 13, 2021 10:06 PM AEST| By Daniel Paul JohnsHighlights Bitcoin, the first cryptocurrency invented in 2009, had the largest market capitalisation on 13 September 2021. People can trade cryptocurrencies for other cryptos or fiat currency on a cryptocurrency exchange, an online locati.....
Ryanair (RYA), Rolls Royce (RR.), Wetherspoon (JDW): 3 FTSE stocks to buy today
September 13, 2021 09:07 PM AEST| By Sreenivas D AjankarHighlights The slowdown in the economic recovery due to the recent surge in Covid-19 cases and supply chain disruptions have been weighing down the stock markets. Ryanair Holdings Plc, Rolls Royce Holdings Plc and Wetherspoon Plc are .....
Why is ARK Investment investing in Crypto ETFs?
September 13, 2021 08:23 PM AEST| By Sonal SinhaHighlights ARK Investment has made changes in its prospectus for its ARK Next-Gen Internet ETF. The fund would invest in the Grayscale Bitcoin Trust or other pooled investment vehicles that invest in bitcoin domiciled & registered for deali.....
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IPO Alert: Energy Vault plans NYSE listing via SPAC
September 13, 2021 08:19 PM AEST| By Suhita PoddarHighlights Grid scale energy storage startup Energy Vault entered into a business agreement with a SPAC, Novus Capital Corporation II, in order to list on the NYSE. The transaction values the merged entity to about US$ 1.1 billion and als.....
AI on the Rise: A Look at Top AI Companies and Their Stocks