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Which Countries Are Trying To Create Their Own Digital Currency
August 05, 2021 09:04 PM AEST| By Suhita PoddarThe worldwide crypto market is growing at the fastest pace than ever before, and the Covid-19 pandemic has sparked discussions among countries and central banks on whether they should issue digital currencies of their own. The cryptocurrencies had.....
What is the Jabs For Job Policy All About?
August 05, 2021 06:23 PM AEST| By Kamalika GhoshSummary The UK government is facing backlashes after they encouraged the idea of mandatory vaccination for office staff. Many experts have said mandatory vaccination would be “an intrusion on an employee’s body” and may discri.....
Robinhood fails to win investors on NASDAQ debut
August 05, 2021 04:45 PM AEST| By Team Kalkine MediaSummary The share price of Robinhood Markets Inc on its first day of trading closed at US$34.82, which is 8.36% less than the Company’s initial public offering price of US$38.00. Robinhood Market Inc shares are trading on Nasdaq under the.....
What’s happening in APAC markets today?
August 05, 2021 03:00 PM AEST| By Furquan MoharkanThe equity markets across the Asia Pacific (APAC) region were mixed on Thursday, with Japan and Australia basking in the green, China mixed and South Korea in the red. Investors were closely tracking the Hong Kong-listed shares of firms related to t...
How is TRON different from Ethereum? Where to seek TRON in NZ?
August 05, 2021 01:47 PM AEST| By SonalTRON is a decentralised blockchain platform that offers a platform where content creators can access their clients directly from every part of the globe without any assistance from third parties. Launched in 2017 and founded by Justin Sun, TRON&nb.....
Tencent CEO Pony Ma has US$14 billion wiped off his fortune; here’s why
August 05, 2021 12:48 PM AEST| By Furquan MoharkanMa Huateng, also known as Pony Ma, is the founder and Chief Executive of Asia tech major Tencent Holdings Ltd. Mr Huateng is among the top six richest Asians – just one rank below Jack Ma of Alibaba Holding Ltd. But he seem to be running out o...
Robinhood shares rally 100% this week
August 05, 2021 11:09 AM AEST| By Furquan MoharkanShares of California-based American financial services company Robinhood Markets Inc (NASDAQ:HOOD) have rallied 100% in the current week, as the stock surged by a whopping 50.41% overnight in Wall Street. During the day, the trading of the company&r...
US stocks slip on weak jobs data
August 05, 2021 08:04 AM AEST| By Sanjeeb BaruahThe blue-chip S&P 500 and Dow Jones Industrial Average declined from the previous close, and the tech-heavy NASDAQ Composite closed flat on Wednesday, August 4, after weak jobs data failed to enthuse the investors in a lacklustre session marked b...
British & European Markets’ Ended in Green; FTSE 100 up 0.26%
August 05, 2021 04:26 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 15.05 points or 0.34 per cent lower at 4,408.10, Dow Jones Industrial Average Index dipped by 282.25 points or 0.80 per cent lower at...
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5 IPOs that made a bumper LSE debut in 2021
August 04, 2021 11:51 PM AEST| By Suhita PoddarThe London Stock Exchange (LSE) has witnessed a huge jump in initial public offerings this year, especially in the tech sector. LSE saw a rise in the number of listings to 49 IPOs during H1 2021, which had raised about £9 billion. This was t.....
Will current changes at crypto exchanges influence bitcoin prices?
August 04, 2021 10:12 PM AEST| By Kamalika GhoshWith the growing crackdown on crypto market across the globe, the UK’s Financial Conduct Authority (FCA) recently in June announced a crackdown on Binance, which is the world’s largest crypto exchange by trading volumes. The UK regulato.....
FTSE 100 extend gains tailing Asian Markets
August 04, 2021 09:22 PM AEST| By Kamalika GhoshSummary FTSE 100 trades in green boosted by strong cooperate earnings. PMI data indicates the Service growth rate has slowed down in the UK because of staff shortage and supply issues. FTSE 100 has extended its last session gains and.....
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Nvidia’s $40 billion acquisition of Arm in troubled waters
August 04, 2021 06:55 PM AEST| By Kamalika GhoshSummary The UK government announced its intentions to block Arm’s acquisition by Nvidia due to potential national security threats. In September 2020, Nvidia struck a $40 billion deal for the potential takeover of Arm from SoftBank .....
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4 FTSE earnings report to watch: CEY, FXPO, TW. and LGEN
August 04, 2021 06:15 PM AEST| By Kamalika GhoshSummary Centamin, Ferrexpo, Legal & General Group and Taylor Wimpey are going to announce their earnings today. FTSE 100 is gaining steadily after positive cooperate earnings by the companies. Market’s future direction will depend on.....
What caused Activision Blizzard’s sudden management changes?
August 04, 2021 06:00 PM AEST| By Suhita PoddarSummary Video game company Activision Blizzard announced a flurry of management changes following a sexual harassment and discrimination lawsuit. Activision Blizzard’s president J Allen Brack and its SVP of HR Jesse Meschuk both confirmed.....
Are these Bitcoin wallets cream of the crop in New Zealand?
August 04, 2021 05:32 PM AEST| By SonalSummary A Bitcoin wallet is an electronic wallet that can be accessed through a private key. There are many forms of Bitcoin wallets that can cater to different needs of security, accessibility etc. Mobile, web, desktop, hardware and paper are.....
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Online Scams: UK consumers clueless on how to avert frauds
August 04, 2021 05:31 PM AEST| By Kamalika GhoshA recent report by Which? has stated that the UK’s biggest banks are failing to provide proper support to fraud victims, leaving them feeling vulnerable and abandoned at a time of crisis and exposed to future scams. In last one year, as per a.....
“The Wild West” - US SEC calls for crypto regulation
August 04, 2021 03:30 PM AEST| By Daniel Paul JohnsSummary The Chair of the SEC, Gary Gensler, told a global conference that the crypto industry is filled with fraud, claiming there are currently many coins which aren’t even registered. Gensler has called upon extra Congressional authorit.....
APAC markets mixed: ASX200 tries to shed policy blues, China tech tumbles
August 04, 2021 02:30 PM AEST| By Furquan MoharkanSentiments in the equity markets across the Asia Pacific region were mixed on Monday as investors got mixed cues from different countries. Morgan Stanley Capital International’s broadest index of Asia-Pacific shares outside Japan traded 1.46%...
Deadlier than Spanish Flu? Global COVID-19 caseload tops 200 million mark
August 04, 2021 12:53 PM AEST| By Furquan MoharkanThe ongoing COVID-19 pandemic has breached yet another unwanted milestone in its one-and-a-half-year life: more than 200 million people have contracted the virus. Yes, on Tuesday, as the world reported 601,293 fresh daily cases and almost 10,000 dai...
