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What is Alpaca Finance? Is it the New Dogecoin?
August 19, 2021 01:00 PM AEST| By Daniel Paul JohnsAs decentralised finance (DeFi) becomes more mainstream, one of the leaders of leveraged yield farming is doing its best to attract institutional investors. The leader in question is Alpaca Finance, and it’s made significant headway since it.....
A quick look at 10 most influential economists
August 19, 2021 12:27 PM AEST| By Team Kalkine MediaAs a field of study, economics has taken a diverse path over years, which is characterised by rapid developments and changing philosophies. Meanwhile, the field has witnessed several monumental changes/new ideologies over the course of time and has.....
Over 100M US households didn’t pay federal income tax in 2020, says think tank
August 19, 2021 12:18 PM AEST| By Furquan MoharkanThe COVID-19 pandemic has jacked up the number of nontaxpayers in the US. In 2020, 61% of American taxpayers did not pay federal income tax in the US, reveals a new study. According to the Tax Policy Center estimates, last year nearly 107 million ho...
Is Ghana currency going digital?
August 19, 2021 06:00 AM AEST| By Team Kalkine MediaHighlights Ghana Government announced digitisation as its key objective Numerous programs have been proposed including introduction of a government-backed digital currency. The Ghana digital currency will not be a cryptocurrency. Ghana is.....
Shares of Network International Holdings Pushed FTSE 250 Higher by 0.60%
August 19, 2021 04:23 AM AEST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded on a mixed note - particularly, the S&P 500 index traded 2.13 points or 0.05 per cent lower at 4,445.95, Dow Jones Industrial Average Index dipped by 41.10 points or 0.12 per cent lower at 3...
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Balfour Beatty Plc, Fresnillo Plc, Alien Metals Ltd: 3 trending FTSE stocks
August 19, 2021 12:09 AM AEST| By Kamalika GhoshHighlights Balfour Beatty Plc reported higher revenue and profit from operation during the half-yearly result. Fresnillo Plc announced a sterling equivalent dividend payoff of 7.14p per share for the interim dividend declared on 3 August 2021. .....
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Afghan and other 4 factors that can affect trade on FTSE in coming days
August 18, 2021 11:20 PM AEST| By Suhita PoddarHighlights The FTSE 100 started off the week in a sombre mood, losing about 1% Joe Biden is expected to address the nation on the Afghan issue, which could play a huge role in how the financial markets would perform over the next few days. The.....
SPACs in the UK and their top listings
August 18, 2021 08:30 PM AEST| By Kamalika GhoshHighlights The UK government announced a new regime to govern the listing of SPACs on LSE from August this year. FCA eased rules by waiving off the suspension clause on the occasion of a SPAC raising a minimum of £200 million from an IPO......
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BHP, COPL, AFC, RMS and KNB: 5 FTSE stocks worth considering today
August 18, 2021 07:23 PM AEST| By Suhita PoddarHighlights BHP Group Plc could delist from the London Stock Exchange to simplify its dual-listing structure. Canadian Overseas Petroleum has announced readmission of stock for the trading in the standard segment of the London Stock Exchan.....
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The Rise of Ethereum – Can ETH hit the US$100K-mark?
August 18, 2021 07:01 PM AEST| By Daniel Paul JohnsHighlights Besides its use as a digital currency, Ethereum can also be used to process other types of financial functions, including the utilisation of smart contracts as well as the ability to store data for third-party applications. The.....
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Steve Madden: What is the IPO manipulation charges?
August 18, 2021 06:21 PM AEST| By Suhita PoddarSteve Madden (NASDAQ: SHOO) held 18% of the total shares of Steve Madden Ltd, a high-fashion footwear company founded in 1990. In its IPO, the company raised $5.4 million via the sale of 1.5 million shares at $4.00 per share. The company registered.....
Taliban back at the helm of Afghanistan: What is in it for China?
August 18, 2021 05:05 PM AEST| By Furquan MoharkanChina, over the last couple of decades, has quickly climbed up the ladder in the power league of the global nations. The world’s second largest economy now competes directly with the US – which claims itself to be world’s “sup...
APAC markets in green; Japan extends COVID-19 state of emergency
August 18, 2021 03:10 PM AEST| By Furquan MoharkanEquity markets across the Asia Pacific (APAC) region were trading with gains on Wednesday as Japan decided to extend the COVID-19 emergency and Reserve Bank of New Zealand decided to keep the rates unchanged. At the time of writing this, all the APA...
How an allergy helped Johnny Boufarhat, 27, make it to billionaires’ club
August 18, 2021 01:32 PM AEST| By Furquan MoharkanJohnny Boufarhat has become one the youngest self-made billionaires in the world -- a news that has taken the internet by storm. Who is Boufarhat? He is a 27-year-old Australia-born British citizen and an entrepreneur. Mr Boufarhat was born on 1 J...
Bitcoin’s sharp comeback brings back US$100,000 prediction
August 18, 2021 10:55 AM AEST| By AayushHighlights Bitcoin has risen more than 50% from its lows hit in July 2021. Bitcoin’s peers such as Dogecoin, Ethereum, Ripple etc. have also marked their presence with their wild upswings. The fundamental regulatory roadblock has clipped.....
US stocks slip on retail data
August 18, 2021 07:51 AM AEST| By Sanjeeb BaruahBenchmark US indices closed lower on Tuesday, August 17, dragged down by loss in mega-cap stocks and weaker-than-expected retail sales data. The S&P 500 was down 0.71% to 4,448.08. The Dow Jones fell 0.79% to 35,343.28. The NASDAQ Composite was...
FTSE 100 Ended in Green After Energy & Healthcare Shares Gained Momentum
August 18, 2021 04:46 AM AEST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in red - particularly, the S&P 500 index traded 34.37 points or 0.77 per cent lower at 4,445.29, Dow Jones Industrial Average Index dipped by 297.76 points or 0.84 per cent lower at 35,327.6...
FTSE 100 rebounds on rise in the UK job vacancies
August 18, 2021 12:55 AM AEST| By Kamalika GhoshHighlights FTSE100 has bounced back on from Monday’s sharp fall, led by the record number of Job vacancies and fall in unemployment rate. JPMorgan Chase expects the Bank of England to hike rates as soon as mid of 2022. FTSE.....
Will Walmart start accepting Crypto?
August 17, 2021 06:09 PM AEST| By Daniel Paul JohnsAs crypto has moved away from the fringes of finance, more major companies have helped its plight to become considered a mainstream part of the finance world. This was most famously seen earlier this year when electric car company Tesla began acce.....
APAC markets fall as regulatory fears resurface in Hong Kong
August 17, 2021 04:05 PM AEST| By Furquan MoharkanEquity markets in the Asia-Pacific (APAC) region were mostly lower on Tuesday, with stocks of Chinese companies in Hong Kong falling again as regulatory fears resurfaced. The sentiments in the APAC region turned negative despite Wall Street closing...
