News
10 FTSE shares to buy and hold for long term
August 13, 2021 12:28 AM AEST| By Suhita PoddarHighlights Increasing vaccination rates across the country are driving the recovery of businesses. Investors seeking to invest in stocks for long-term may look to stocks that offer regular dividends and appreciation over time. The CO.....
How UK’s fintech sector reached an all-time high
August 12, 2021 08:05 PM AEST| By Kamalika GhoshFinancial technology, or fintech, is a globally emerging industry which uses technology to enhance and improve the delivery of financial services and related processes. UK’s fintech investments have recently hit a new record after its £.....
How does a cryptocurrency work? What types of cryptocurrencies are there?
August 12, 2021 06:17 PM AEST| By Team Kalkine MediaIf you have found yourself trying to look like you know what’s being discussed when someone begins talking about cryptocurrencies (which is quite often these days), but deep down, you know you understand little about it, fear not. You are not a...
Does Dent coin have a future?
August 12, 2021 04:28 PM AEST| By SonalSummary Dent is a decentralised app built on the Ethereum blockchain. Dent was trading at US$0.004751 on 12 August, at the time of writing, up 40.93% on the previous close. The new coin aims to bring freedom to the telecommunication industry. .....
APAC markets flat as US dollar weakens
August 12, 2021 03:43 PM AEST| By Furquan MoharkanEquity markets in the Asia Pacific region were trading near the flatline as local Asian currencies strengthened vis à vis a weakened US dollar. The US dollar index, which tracks the greenback against a basket of six of its peers, fell to 92.8...
Foreigners seen flocking back to Indian market as COVID-19 subsides
August 12, 2021 01:57 PM AEST| By Furquan MoharkanForeign investors have started returning to the India’s equity markets, as the deadly second wave has subsided in the country. In the month of August so far, foreign institutional investors (FIIs) have been net buyers at the country’s bo...
Shiba Inu coin burning prompts price surge
August 12, 2021 01:37 PM AEST| By Daniel Paul JohnsThe price of memecoin, Shiba Inu, jumped considerably over the weekend after its developers announced a coin burn. Shiba Inu’s price jumped around 19% to US$0.0000077 after the coin burn announcement, which means that the coins are taken out.....
What is Request Network? How much is REQ coin worth?
August 12, 2021 01:22 PM AEST| By Daniel Paul JohnsSummary The Request platform is a peer-to-peer payment system that bypasses the need of any third parties to provide a secure payment method. The native token of the Request platform is the REQ coin, which is ERC20 token users spend to utilise .....
Is market correction looming? Should we worry about it?
August 12, 2021 01:03 PM AEST| By Furquan MoharkanIt won’t be a hyperbole to say that stock markets are on steroids. Since the lows of March 2020, all major indices across the world have more than doubled. Yes, all this while, when economy has been in doldrums and struggling hard to emerge ou...
FTSE 100 breached 7,200 level; Meggitt Shares Edged Higher by 16.08%
August 12, 2021 04:22 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 3.55 points or 0.08 per cent higher at 4,440.30, Dow Jones Industrial Average Index surged by 178.93 points or 0.51 per cent higher a...
5 FTSE 250 shares that jumped 4-12% today
August 12, 2021 12:31 AM AEST| By AbhijeetUK shares witnessed a low-to-moderate rise on Wednesday, 11 August, with a bunch of stocks registering sizable gains, pushing the benchmark indices further in green. The headline FTSE 100 briefly surpassed the psychological level of 7,200 for the s.....
FTSE 100 trades in green lifted by travel stocks
August 11, 2021 09:50 PM AEST| By Suhita PoddarSummary FTSE100 is trading at the highest level since February 2020 in the early deals on Tuesday Heathrow Airport reported the highest passenger traffic in July 2020, which is the busiest month since March 2020. FTSE 100 is up b.....
UK’s fintech investments hit a record £17.7 billion in H1 2021, KPMG report
August 11, 2021 09:43 PM AEST| By Suhita PoddarUK’s fintech sector investment reached £17.7 billion ($24.5 billion) in H1 2021, making the country the second-largest fintech investment hub in the world behind the US, where investment for the same period stood at $42.1 billion, accor.....
Stocks in News: Abrdn Plc and Supply@me Capital Plc
August 11, 2021 07:18 PM AEST| By Suhita PoddarStocks in News: Abrdn Plc and Supply@me Capital Plc UK’s second quarter GDP data is being projected to be higher due to ease in lockdown during the period. Supply @ME Capital Plc has announced the launch of four global inventory mon...
ADA jumps 22% in 24 hours as investors eye Cardano’s Alonzo hard fork
August 11, 2021 06:45 PM AEST| By AbhijeetCryptocurrency market has once again entered the limelight following a series of events happening with different crypto-assets including the world’s most popular digital currency bitcoin and a bunch of other assets. Bitcoin has advanced as mu.....
Lens on 2 FTSE 100 sports stocks amid frenzy for sporting events
August 11, 2021 06:35 PM AEST| By Suhita PoddarSummary The English Football League Cup is currently taking place in the UK, with the League one and League two starting its 2021-22 season The UEFA Champions League is also currently underway with the much hyped Chelsea vs Villareal game.....
3 best Blockchain ETFs on the FTSE
August 11, 2021 04:38 PM AEST| By Suhita PoddarSummary Blockchain ETFs allows investors exposure to blockchain focused stocks and companies without directly investing in them. Blockchain technology is used in cryptocurrencies, but it also has wide ranging applications across various s.....
Can ether prices rise on the back of Ethereum’s London upgrade?
August 11, 2021 02:05 PM AEST| By Kamalika GhoshSummary Five Ethereum improvement proposals (EIPs) have recently been brought up under the Hard Fork. “London hard fork” upgrade is anticipated to bring down the transaction costs. The long-term impact of the move may be a higher t.....
Is Google imposing pay cuts on its remote employees?
August 11, 2021 01:41 PM AEST| By Furquan MoharkanThe employees of search engine Google based in the same office could see different changes in pay based on their locations, if they switch to working from home permanently, reports suggest. Alphabet Inc's Google (NASDAQ:GOOGL) has offered its employ...
Top 10 cryptocurrencies to explore as crypto craze takes off
August 11, 2021 08:30 AM AEST| By Team Kalkine MediaSummary Cryptocurrencies are digital currencies, the latest development in the currency domain. Cryptocurrencies are not yet accepted as legal tender in the US by the federal government and are only available for buying, selling, and trading. .....