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How have the COVID-19 lockdowns affected employment in Australia?
July 31, 2021 12:00 AM AEST| By Daniel Paul JohnsSummary Until the beginning of July, Australia was doing very well in terms of recovery. According to the Australian Bureau of Statistics (ABS), in June 2021, unemployment decreased to 4.9% from 5.1% in the previous month. The recent lock.....
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FTSE 100 trades in red, tracking the Asian peers
July 30, 2021 11:11 PM AEST| By Suhita PoddarSummary FTSE 100 trades in the negative zone near the 7000 mark. British Airlines operator IAG group said its capacity in the third quarter would rise to 45% of pre-pandemic levels. FTSE 100 is in the red zone on the last trading day.....
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Can FTSE 100 go above 8,000 levels?
July 30, 2021 10:17 PM AEST| By AbhijeetSummary FTSE 100 is adequately equipped to surpass the previous record highs Earlier in Q2 2020, it rebounded 25% from Covid lows within one-and-half months Several factors can uplift the index, while some uncertainties continue to exist. .....
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3 FTSE 100 Stocks in News - AstraZeneca, Anglo American and Royal Dutch Shell
July 30, 2021 07:40 PM AEST| By Suhita PoddarUK’s economic recovery is underway after multiple lockdowns and restrictions. Finally, the government has decided to relax lots of rules introduced to prevent the spread of the virus from 19 July because of the successful vaccination. Over ha.....
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Robinhood debut debacle: Here’s what went wrong
July 30, 2021 07:13 PM AEST| By Kamalika GhoshSummary Robinhood shares, on its first day at NASDAQ declined by 8.4% from the issue price of $38. Through an IPO, Robinhood managed to sell 52.4 million shares for nearly $2 billion. On its first day at the stock exchange, shares of.....
Season of buybacks - 5 FTSE stocks that have announced buybacks recently
July 30, 2021 03:03 PM AEST| By Kamalika GhoshSummary A stock buyback is when a company repurchases its shares from shareholders in the open market. Buybacks can improve shareholder value, and when companies announce a buyback, it is a positive sign for the economy, the market and investor.....
Chinese tech stocks drag APAC markets back in red
July 30, 2021 03:01 PM AEST| By Furquan MoharkanThe equity markets across the Asia Pacific region were trading in the red on Friday, as shares of the Chinese technology companies in Hong Kong were battered yet again. The Hang Seng Index of Hong Kong was down 1.96%. Most stocks that had rebounded...
Is Cardano better than Ethereum? What is so good about Cardano?
July 30, 2021 12:40 PM AEST| By SonalInvestors rushed to digital currencies amid times of economic instability created by the pandemic, making 2020 a great year for all digital coins. However, in 2021, several top cryptocurrencies set new highs, indicating even more remarkable growth......
What does the second half of 2021 hold for Ether?
July 30, 2021 11:25 AM AEST| By Daniel Paul JohnsSummary A panel of cryptocurrency experts predicted this week that Ethereum’s price might hit US$4,600 by year-end. This would be nearly double the price as of 29 July 2021, which sits at approximately US$2,319. Coinbase reported Ether ra.....
US stocks advance on GDP data, economy outlook
July 30, 2021 07:50 AM AEST| By Sanjeeb BaruahBenchmark US indices closed higher on Thursday, July 29, after the latest government data showed that the GDP grew marginally from the pre-pandemic peak of 2019 in the second quarter. The S&P 500 was up 0.42% to 4,419.15. The Dow Jones rose 0.44...
Elon Musk inspires a cryptocurrency - What’s there to know about ELONGATE?
July 30, 2021 07:45 AM AEST| By Daniel Paul JohnsSummary Another crypto that started as a joke, ELONGATE, has gained significant popularity of late. As per its website, ELONGATE’s goal is to grow a global movement that goes against traditional financial systems by linking profitab.....
FTSE 100 Inched Higher by 0.88% on Robust Earnings Announcements
July 30, 2021 04:21 AM AEST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 27.56 points or 0.63 per cent higher at 4,428.20, Dow Jones Industrial Average Index surged by 214.94 points or 0.62 per cent higher at 35,1...
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FTSE 100 trades in green supported by Anglo American Plc gains
July 29, 2021 10:22 PM AEST| By Suhita PoddarFTSE 100 trades in positive zone supported by the gain in the Anglo American Plc, which is the top gainer of the day. Crude oil trades near the USD 75 mark after the US reported the lowest inventory levels since January 2020. FTSE 100 t...
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Bitcoin vs Ethereum: Their journeys so far
July 29, 2021 08:45 PM AEST| By Kamalika GhoshAfter losing almost 53% between April and July, Bitcoin has bounced back by gaining 32% in the past week. Cryptocurrencies are linked to volatility and investors are used to such unnerving moments fall and rise. In the last one year, the cryptocurr.....
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Robinhood IPO: How to invest in the trading app stock?
July 29, 2021 06:41 PM AEST| By Kamalika GhoshSummary Robinhood Markets Inc raised $2.1 billion in its IPO on 28 July. The stock-trading app’s active monthly users increased to 21.3 million as of June-end from 11.7 million seen in December-end. Its shares would begin trading 2.....
What is SafeMoon coin? Is SafeMoon a good cryptocurrency?
July 29, 2021 05:58 PM AEST| By Jasmine AnandOne of the most talked-about cryptocurrencies of recent time is known as SafeMoon. Being launched in March 2021, SafeMoon took inspiration for its slogan (safely to the moon) from the English phrase-to the moon. And, in such a short span of time, i.....
APAC markets in green as Hong Kong shares snap losing streak
July 29, 2021 04:18 PM AEST| By Furquan MoharkanHaving been battered earlier this week, Hong Kong stocks rebounded today after a comforting statement from the Chinese market regulator. Meanwhile, equity markets in Asia-Pacific also rose after the US Federal Reserve left its benchmark interest rate...
What is value-based pricing in healthcare?
July 29, 2021 02:10 PM AEST| By Tripti JoshiSummary Value-based pricing in the healthcare sector can offer patients access to better health services and treatments at a lower cost. In healthcare value-based pricing, the value of relevant drugs, components or services is identified, measu.....
Big Tech crushes earnings estimates: How have their shares reacted?
July 29, 2021 02:06 PM AEST| By Furquan MoharkanThree big tech companies – Apple Inc (NASDAQ:AAPL), Microsoft Corporation (NASDAQ:MSFT), and Alphabet Inc (NASDAQ:GOOG) – with a combined worth of over US$5 trillion, announced their second quarter results on Tuesday. All the three compa...
Bitcoin hits US$40,000; how high can it go in 2021?
July 29, 2021 12:03 PM AEST| By Furquan MoharkanBitcoin, Ethereum and Ripple coins - largest cryptocurrencies by market capitalisation. When the world’s largest cryptocurrency – Bitcoin -- crashed below the US$30,000-mark on 20 July 2021, no one would have thought that it would...
