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News
Microsoft roped in as Principal Partner for COP26 Glasgow Summit
June 26, 2021 01:29 AM AEST| By AbhijeetSummary Microsoft has been roped in as a Principal Partner for the COP26 The summit has eight other domestic corporations and one Japanese MNC All these businesses are playing a vital role in climate change action Microsoft Corporation (N.....
Who should invest in cryptocurrencies?
June 26, 2021 01:11 AM AEST| By AbhijeetSummary Cryptocurrencies have remained volatile over the years On the other hand, the institutional participation have grown The wild swings in the indicated prices remain a common thin Cryptocurrencies have remained volatile over the yea.....
Here’s why net zero emission is a pressing priority
June 26, 2021 01:01 AM AEST| By Team Kalkine MediaSummary Net-zero emission means removing all human-caused greenhouse gas (GHG) emissions from the atmosphere through the carbon removal process. The last decade (2010-2019) proved to be the warmest on record, with the GHG emissions continuing t.....
Do you know how long it takes to mine one Bitcoin?
June 26, 2021 12:57 AM AEST| By AkshaySummary Bitcoin, a decentralised digital currency, hit its all-time high of US$64,899 in April this year. In the past one year, Bitcoin has delivered an approximate return of 238%. The ideal time taken to mine a Bitcoin is only 10 minutes, but.....
Northern Ireland developments could finally mean a truce between the UK and EU
June 25, 2021 07:02 PM AEST| By Kamalika GhoshSummary The Irish government has hinted at a possible truce between the European Union and the UK. The Northern Ireland Protocol necessitates checks on goods, like chilled meats, at ports while entering the UK. UK granted a grace period on bor.....
What companies are best to invest in the UK?
June 25, 2021 05:42 PM AEST| By Suhita PoddarSummary London stock exchange has nearly 3000 companies listed on primary exchange and FTSE AIM together. It has the largest blue-chip companies globally listed on its platform, making it one of the most diversified platforms for investors. .....
UK stocks to watch on June 25: Deliveroo, PPHE Hotel Group, ITV, Rio Tinto, Royal Dutch Shell
June 25, 2021 04:41 PM AEST| By Kamalika GhoshThese FTSE listed companies, Deliveroo Plc (LON: ROO), PPHE Hotel Group Limited (LON: PPH), ITV PLC (LON: ITV), Rio Tinto (LON: RIO), and Royal Dutch Shell Plc (LON: RDSA), are set to make headlines today. Deliveroo Plc (LON: ROO) The company w...
Asia’s richest man moves to internationalise his company
June 25, 2021 04:23 PM AEST| By Furquan MoharkanAsia’s richest man – billionaire Mukesh Ambani – has announced the appointment of Yasir Al-Rumayyan, Chairman of Saudi Aramco and Governor of Public Investment Fund (PIF), to the board of Reliance Industries Limited (RIL). "His joi...
APAC markets, except NZ, bask in a sea of green on US cues
June 25, 2021 03:02 PM AEST| By Furquan MoharkanAll the equity markets in the Asia Pacific (APAC) region, save New Zealand, were trading in green on Friday, following in the footsteps of its peers in the US. In Japan, the benchmark Nikkei 225 was up 81 basis points at the time of filing this copy...
Why are policymakers averse to cryptocurrency?
June 25, 2021 02:59 PM AEST| By Furquan MoharkanRarely do we find a situation when policymakers are averse to allow any new asset class in their domain. Policymakers usually treat an asset class as a new investment option. However, when it comes to cryptocurrency, policymakers seem to be singing...
How does one buy cryptocurrency in New Zealand? Is investing in cryptocurrency legal?
June 25, 2021 02:22 PM AEST| By SonalSummary Cryptocurrency is a digital currency, which allows to send and receive payments to anyone and does not rely on any central authority to verify transactions. Bitcoin, Ethereum, XRO are some of the most popular cryptocurrencies. Cryptocu.....
COVID-19: What is Delta plus? Is it more dangerous than other strains?
June 25, 2021 01:08 PM AEST| By Furquan MoharkanThe Delta plus variant of COVID-19 has been fast spreading across the globe. This has raised alarm bells among the policy makers – with some of them scared, while others adopting a wait and watch strategy. The three countries, which have seen...
NASDAQ, S&P 500 hit all-time highs after infra deal, labor recovery
June 25, 2021 08:25 AM AEST| By Sanjeeb BaruahBlue-chip S&P 500 and NASDAQ Composite closed at all-time highs on Thursday, June 24, after markets responded positively to the news of President Biden’s US$1 trillion infrastructure deal and continued recovery of the US labor market, criti...
British Pound Traded Lower After BoE Kept Interest Rate Steady at 0.10%
June 25, 2021 05:01 AM AEST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 23.96 points or 0.56 per cent higher at 4,265.80, Dow Jones Industrial Average Index surged by 233.87 points or 0.69 per cent higher at 34,1...
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Bank of England raises inflation forecast but leaves interest rates unchanged at 0.1%
June 25, 2021 01:16 AM AEST| By Suhita PoddarSummary Bank of England has raised its inflation forecast but said it would be a temporary. BoE expects that consumer prices would see a jump of 3 per cent. The central bank left interest rates unchanged at a record low of 0.1 per cent. U.....
What moved business optimism in UK directors at a record high?
June 24, 2021 07:41 PM AEST| By Kamalika GhoshSummary A new survey by the Institute of Directors found that UK’s business leaders’ confidence in the economy was at an all-time high. The rally in optimism was primarily driven by positive sentiments around the vaccination drive. .....
APAC markets end flat on mixed sentiments
June 24, 2021 06:33 PM AEST| By Furquan MoharkanThe equity markets in the Asia Pacific (APAC) region closed mostly flat on a day when the sentiments across the geography seemed mixed. In Mainland China, shares closed mixed as the Shanghai Composite Index ended the trading day largely around the f...
Is it wise to buy Bitcoin?
June 24, 2021 04:50 PM AEST| By Daniel Paul JohnsSummary A big part of Bitcoin’s post-May decline has been majorly influenced by China’s crackdown on bitcoin trading and mining. A decision by Chinese authorities to shut down Bitcoin mines in Beijing and Sichuan was closely followe.....
UK Stocks to Watch on June 24: First Property, Latham, Persimmon, Puretech Health, GlaxoSmithKline
June 24, 2021 04:36 PM AEST| By Suhita PoddarThe following FTSE listed stocks First Property (LON: FPO), Latham (LON: LTHM), Persimmon (LON: PSN), Puretech Health (LON: PRTC), GlaxoSmithKline (LON: GSK) are set to make headlines today. First Property Group plc (LON: FPO) FTSE AIM All-Sha...
Is Grayscale Bitcoin trust an ETF?
June 24, 2021 03:10 PM AEST| By Furquan MoharkanThe world’s largest cryptocurrency, Bitcoin, has been one of the world’s most talked-about assets in 2021. Bitcoin prices, displaying a volatility worse than that of penny stocks, have had wild swings in last five months of this year. Sh...
AI on the Rise: A Look at Top AI Companies and Their Stocks