News
FTSE100 trades lower, ECB decides to taper bond buying
September 10, 2021 01:06 AM AEST| By Sreenivas D AjankarHighlights FTSE100 trades in the negative zone down by over 1% near its crucial support level of 7,000. European Central Bank (ECB) has decided to slow down its pandemic bond-buying program amid the recovery in the European economy. FTSE10.....
Optima Health IPO: Occupational insurance firm to list on AIM in September
September 10, 2021 01:03 AM AEST| By Suhita PoddarHighlights Tech based corporate insurance company Optima Health is planning to publicly list on LSE’s submarket AIM. The company could tentatively list later this month; however, it has not confirmed the details yet. LSE IPOs have seen a.....
Did UK ‘manipulate’ climate pledge for Australian trade deal?
September 09, 2021 11:20 PM AEST| By Rishika RainaIn a shocking development, as per an email, which was leaked to Sky News from an anonymous government official, the UK ministers in the Boris Johnson cabinet have mentioned of dropping climate pledges to secure the trade deal with Australia. With a.....
Blackfinch Renewable IPO: How soon can you buy the shares?
September 09, 2021 07:24 PM AEST| By Nidhi GuptaBlackfinch Renewable European Income Trust released a prospectus for its planned £300 million-initial public offering. The company also intends to seek admission of its ordinary shares to the premium-listing segment of the FCA. It has app...
Lockdown to end soon? NSW inching closer to 70% vaccination milestone
September 09, 2021 06:35 PM AEST| By Furquan MoharkanHighlights NSW will start reopening the state after three months of COVID-19 lockdown. Australia is set to start vaccine passport services within weeks. Airline stocks continue to be battered. Australia’s most populous provinc.....
COVID-19 upturn stalls reopening of Australia’s travel bubble with New Zealand
September 09, 2021 05:13 PM AEST| By Team Kalkine MediaThe reopening of Australia NZ travel bubble has received another setback after New Zealand’s Minister for COVID-19 Response Chris Hipkins brushed off the possibility of resuming quarantine-free travel bubble with Australia in the near future......
Altcoin Season: When Altcoins Are Set to Explode
September 09, 2021 04:02 PM AEST| By Daniel Paul JohnsThe value of many cryptocurrencies ebb and flow in conjunction with the world’s largest cryptocurrency – Bitcoin. Observing the price performance of the wider crypto market this year shows many altcoins (alternative digital currencies .....
dydx Takes A Quantum Leap; Airdrops Governance Token To Users
September 09, 2021 02:22 PM AEST| By Daniel Paul JohnsHighlights dydx is a governance token that allows its community to govern the dydx Layer 2 Protocol In dydx, the number of tokens sent to each user was determined by the level of their activity on the platform Users of the dydx platform go.....
Doha negotiators sidelined in new Taliban regime
September 09, 2021 10:12 AM AEST| By Furquan MoharkanHighlights Mullah Hassan Akhund has been appointed as Afghanistan’s Prime Minister. Mullah Baradar – a comrade of Mullah Omar – has been appointed as his deputy. India fears Pakistan hand in Taliban’s government formati.....
US markets close in red as delta variant spells trouble
September 09, 2021 08:04 AM AEST| By Sanjeeb BaruahBenchmark US indices retreated on Wednesday, September 8, as the delta variant stalked the country prompting investors to withdraw from growth stocks. The S&P 500 was down 0.13% to 4,514.07. The Dow Jones fell 0.20% to 35,031.07. The NASDAQ Comp...
FTSE 100 Breached 7,100 Level; Utility Shares in Focus
September 09, 2021 04:25 AM AEST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in red - particularly, the S&P 500 index traded 20.33 points or 0.45 per cent lower at 4,499.70, Dow Jones Industrial Average Index dipped by 140.32 points or 0.40 per cent lower at 34,959.6...
5 most volatile FTSE stocks to buy now
September 08, 2021 11:31 PM AEST| By Nidhi GuptaVolatile stocks are primarily those that show dramatic price movement in either direction; hence they are riskier than stocks that have relatively stable prices. But as the risks are high, they could offer a higher reward as well. Beta is a common.....
Flash Crash: Why Crypto Isn’t Ready for Mainstream Adoption
September 08, 2021 06:48 PM AEST| By Daniel Paul JohnsHighlights The world’s largest cryptocurrency fell over ten per cent in a matter of hours, wiping billions of dollars off the value. Of the top ten cryptocurrencies by market capitalisation, seven suffered losses of more than ten per .....
Crypto crash & Murphy’s law: The recent dip shows correlation
September 08, 2021 06:30 PM AEST| By Manu ShankarSoon after El Salvador made Bitcoin its legal tender, the cryptocurrency market had once again reminded us of the Murphy’s law, which states that ‘anything that can go wrong will go wrong’. That’s what happened on Tuesday an.....
Employees are resigning in droves: What’s fuelling the Big Quit?
September 08, 2021 05:57 PM AEST| By Furquan MoharkanOne of my favourite mentees, Sonal Gupta (name changed), who has turned out to be a competitive journalist, was recently talking to me about her professional career. She suddenly sprung a surprise, saying she might quit journalism. When I prodded f.....
7 new crypto scams that investors should watch out for
September 08, 2021 05:24 PM AEST| By Rishika RainaCryptocurrency investments are one the latest rage worldwide, and so are crypto scams, which are hitting an all-time high in 2021. According to FTC, crypto scams were 12 times higher in 2020 as compared to 2019. Cryptocurrency exchanges, such as Co.....
Panama Introduces Crypto Bill
September 08, 2021 05:16 PM AEST| By Daniel Paul JohnsHighlights Independent Panamanian Congressman, Gabriel Silva, introduced a bill on Monday proposing the regulated use of cryptocurrencies throughout the country. One of the key differences between Panama’s crypto bill and El Salvador&rsqu.....
Asia Pacific: Closed borders, porous markets
September 08, 2021 04:35 PM AEST| By Furquan MoharkanHighlights Other than India and Vietnam, not many equity markets have seen abnormal returns in 2021 Lot of major economies in the region have shut their borders to foreigners. The reopening of borders is still shrouded in ambiguity. The A.....
Is the UK staring at another lockdown in October?
September 08, 2021 04:26 PM AEST| By Priya BhandariHighlights Sage member reported that the Government is planning ‘firebreak’ lockdown in October, if the infection rates and hospital admission keeps on increasing. However, some members feel the decision will depend on the success o.....
China coal futures hit record highs on strong electricity demand
September 08, 2021 11:55 AM AEST| By Team Kalkine MediaCoal Ore Price Going Up High Increase in International Trading Export Import Market Highlights Thermal coal prices rose on Tuesday. China wants to reduce its reliance on coal-fired power plants for electricity. Coal production in China in 202...