News
How Bitcoin went from offering 122% YTD return to being an underperformer
July 21, 2021 02:03 PM AEST| By Furquan MoharkanBitcoin, Ethereum and Ripple coins - largest cryptocurrencies by market capitalisation In April 2021, when the world’s largest cryptocurrency – Bitcoin – touched the US$64,000 mark, it enthralled its investors with a whopping year-...
APAC markets bounce back in green on Wall Street rebound
July 21, 2021 12:03 PM AEST| By Furquan MoharkanSummary APAC markets have made a strong comeback. Australia, Japan are among the region’s star performers. Chinese shares remain flat. The equity markets in the Asia Pacific region rebounded on Wednesday after a day of huge losses y.....
COVID-19 fears continue to loom large on Tokyo Olympics
July 21, 2021 11:09 AM AEST| By Furquan MoharkanThe fears about a resurgence of the COVID-19 pandemic are still weighing heavy on Olympics 2020, as officials didn’t rule out the eleventh-hour cancellation. More and more athletes have started testing positive for the virus, and sponsors have...
5 popular blockchain companies in the world
July 21, 2021 10:33 AM AEST| By SonalIs blockchain always on your mind? Do you want to know about some of the best blockchain companies in the world? The need for innovative and futuristic blockchain products has surged internationally as the world's curiosity in blockchain has grown.....
US market rebounds, closes higher
July 21, 2021 07:58 AM AEST| By Team Kalkine MediaBenchmark US indices snapped Monday’s losses to close higher on Tuesday, July 20. Wall Street had witnessed a broad selloff yesterday amid concerns about the increasing coronavirus cases. However, investors today rushed to buy more shares from...
Basic Materials & Healthcare Shares Propelled FTSE 100 Higher; Dow Jones up 600 Points
July 21, 2021 04:31 AM AEST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 67.67 points or 1.59 per cent higher at 4,326.30, Dow Jones Industrial Average Index surged by 607.86 points or 1.79 per cent higher at 34,5...
‘Best day ever’, says Jeff Bezos on Blue Origin spaceflight launch
July 21, 2021 02:40 AM AEST| By Sanjeeb BaruahA glorious new chapter was added to the international commercial space tourism program on Tuesday. In 10 minutes and 10 seconds, Amazon founder Jeff Bezos along with a three-member crew, successfully reached space and landed back on Earth. In thes.....
What was UK’s Pingdemic chaos all about?
July 21, 2021 01:53 AM AEST| By Kamalika GhoshSummary PM Boris Johnson's Freedom Day was marred as NHS app advised many people to self-isolate due to surge in cases. Due to NHS app recommendations, many businesses are facing staff shortage. Many businesses in the UK on Monday faced co.....
FTSE 100 trades range-bound on concern over the surge in coronavirus cases
July 21, 2021 12:36 AM AEST| By Kamalika GhoshSummary FTSE 100 trades on the positive side as investors concern with the recent rise in coronavirus cases and fear of economic slowdown. European market trade in the positive zone as investor’s eyes the all-important policy meet o.....
Blue Origin spaceflight: All details about the crew and voyage
July 20, 2021 11:14 PM AEST| By Kamalika GhoshAmazon founder and billionaire Jeff Bezos is all set to make history by going 100 kilometres above the surface of Earth on the Blue Origin’s New Shepard rocket today (20 July), which also marks the 52nd anniversary of the Apollo 11’s mo.....
IPO Alert: Zegna plans NYSE listing worth US$ 3.2 bn via SPAC
July 20, 2021 10:37 PM AEST| By Suhita PoddarSummary Italian fashion group, Ermenegildo Zegna Group announced public listing plans on NYSE via a SPAC on Monday Zegna will combine with a SPAC by private equity firm Investindustrial for the listing. Ermenegildo Zegna Group, an Italian .....
Spike in Covid cases: Which sectors are likely to get impacted most?
July 20, 2021 08:55 PM AEST| By Suhita PoddarSummary Covid-19 cases saw a recent surge that could derail the economic recovery and impact different sectors. Hospitality, Airlines, and Real Estate could be some of the worst impacted sectors if cases continue to rise and any new restric.....
Monzo IPO on cards, the UK challenger bank targets profitability and expansion
July 20, 2021 07:33 PM AEST| By Kamalika GhoshSummary Monzo plans to go public on the London Stock Exchange by 2023 The company witnessed a tumultuous 2020 that resulted in a number of layoffs and monetary losses Monzo filed for its US banking license in April 2020 and aims to compete aga.....
Is there a crypto ETF in Australia?
July 20, 2021 06:24 PM AEST| By Daniel Paul JohnsSummary The Australian Securities Exchange is closer to releasing its first cryptocurrency exchange-traded fund (ETF), a move that will allow retail investors to invest in the asset class. ETFs offer investors a gateway into cryptocurrency, ove.....
5 FTSE stocks that can help you beat surging inflation
July 20, 2021 04:43 PM AEST| By Kamalika GhoshSummary UK’s inflation rate hit 2.5 per cent in June, the highest in almost three years. Economists and experts have expressed concerns that we might be entering into a period of elevated inflation. Stocks like Rio Tinto, Segro Plc.....
Britain’s complete unlock a calculated risk or a wild blunder?
July 20, 2021 04:22 PM AEST| By Team Kalkine MediaSummary The UK government has announced easing of almost all COVID-19 restrictions. Experts have sounded alarm on Britain’s unlock strategy, calling it a threat to the world and a potential ground for the emergence of COVID-19 variants th.....
Take a look at top 10 global renewable energy stocks
July 20, 2021 03:56 PM AEST| By ManikaGreen energy has been a hot topic for some years now. With companies pumping in trillions of dollars the potential for growth in clean energy stocks in huge. However, so far, the green energy stocks haven't always performed very well. Even w.....
What are 10 most common cryptocurrency myths?
July 20, 2021 03:53 PM AEST| By Jasmine AnandSummary Over the years, cryptocurrency usage has gained tremendous popularity. Cryptocurrency’s journey to become investors' favourite has been a difficult one, which is often surrounded by ambiguity, myths, and misbeliefs. People often .....
How do I buy SafeMoon?
July 20, 2021 03:29 PM AEST| By Daniel Paul JohnsThere is a litany of altcoins that have made a splash this year as cryptocurrency continues to advance mainstream finance. One of these altcoins is SafeMoon, which has attracted many investors since its inception in March this year. Howe.....
APAC markets in red as Wall Street sees steepest decline in nine months
July 20, 2021 01:01 PM AEST| By Furquan MoharkanSummary APAC follows Wall Street into losses Hong Kong Markets worst hit India markets likely to open on positive note The ripples of Wall Street crash overnight in US were felt in the Asia Pacific region on the Tuesday morning, as the ma.....