News
QUAD needs to think economics. Here is why
July 09, 2021 01:29 PM AEST| By Furquan MoharkanAs the world is trying to battle its way out of the COVID-19 pandemic, the skepticism towards China has multiplied manifold in the past one and half year. Whether this skepticism is diplomatically right or wrong, is a question of debate. Many have a...
Look at the top 8 cryptocurrency exchanges operating in New Zealand
July 09, 2021 01:26 PM AEST| By Jasmine AnandSummary Just like stock exchanges, which offer trading in shares, cryptocurrency exchanges offer trading in digital assets. These exchanges help customers trade in a wide range of crypto assets. Apart from ensuring safety and security of digit.....
Is Neo a good cryptocurrency? Is it better than Ethereum?
July 09, 2021 09:40 AM AEST| By SonalSummary NEO is a blockchain project of China and is committed to creating a smart economy. Neo uses a consensus mechanism to protect its blockchain and maintain its distributed network of computers in sync. Neo enjoys certain advantages that E.....
Wall Street stocks retreat on economic concerns
July 09, 2021 07:46 AM AEST| By Sanjeeb BaruahAll major US stock markets closed their sessions in red on Thursday, July 8, as a continued demand and supply imbalance raised concerns about the health of the American economy, and investors pulled back from risky bets. The S&P 500 was down 0.8...
British Equities Traded Lower as Delta Variant Triggered a Spike in Infections
July 09, 2021 04:27 AM AEST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in red - particularly, the S&P 500 index traded 41.20 points or 0.95 per cent lower at 4,317.00, Dow Jones Industrial Average Index declined by 271.52 points or 0.78 per cent lower at 34,410...
Top 10 cryptos to look at
July 09, 2021 12:15 AM AEST| By Kamalika GhoshSummary Cryptocurrency is a virtual currency that works as a mode of payment for buying goods and services. As of 8 July 2021, the market cap of all the cryptocurrencies was more than $1.38 trillion. Cryptocurrency is a virtual curre.....
Wise Plc’s listing on LSE comes as a major feat for the London tech market
July 08, 2021 09:39 PM AEST| By Kamalika GhoshSummary Wise Plc got listed on London Stock Exchange via a direct listing on 7 July. Direct listing offers benefits such as less expense and prevent dilution of ownership. Wise Plc stocks were at GBX 901.60, up by another 2.46 per cent from th.....
3 FTSE stocks in focus: Cohort PLC, Seeing Machines and PureTech Health PLC
July 08, 2021 07:38 PM AEST| By Suhita PoddarSummary Many international investors are now overweight on London markets Cohort Plc’s wholly-owned subsidiary, ELAC SONAR GmbH, received an order worth £41.96 million from Leonardo S.p.A PureTech Health Plc has signed a clinical t.....
Which were the hottest global tech IPOs in 2021?
July 08, 2021 07:03 PM AEST| By SonalCompanies are compelled to employ technology to rethink virtually every aspect of their business as a result of the COVID-19 outbreak. The adoption of digital technologies has sped up with changes in the ways businesses operate. Subsequently, funding...
Curiosity around Brambles (BMB) share spikes among investors
July 08, 2021 06:21 PM AEST| By Kamalika GhoshSummary ASX-listed Brambles Limited continued to make noise among investors as curiosity peaked after the share price reached a 52-year high a few days back. Brambles is targeting a dividend payout ratio of about 45-60 per cent of underlying pr.....
What companies are listed on the FTSE 100?
July 08, 2021 05:06 PM AEST| By Kamalika GhoshThe FTSE 100 stands for the Financial Times Stock Exchange 100 Index, which refers to the list of 100 largest companies in the UK listed on the London Stock Exchange based on their market capitalisation. FTSE 100 is also popularly known as Footsie, F...
Which are the hottest names in the crypto space this year?
July 08, 2021 04:33 PM AEST| By Furquan MoharkanCryptocurrencies have been selling like hot cakes this year. It has been one of the most talked-about asset classes, of late. From Tesla Inc (NASDAQ:TSLA) CEO Elon Musk-backed rally of the meme cryptocurrency – Dogecoin, to the controversy surr...
What are the top 10 FTSE penny stocks?
July 08, 2021 03:55 PM AEST| By Suhita PoddarPenny stock investing has gained interest among investors, with the global pandemic prompting investors to seek out new ways to invest their money. Such stocks can be seen as a low-cost method to help diversify a portfolio investment due to their r.....
What’s fuelling the global microchip shortage and what are its ramifications?
July 08, 2021 01:20 PM AEST| By Team Kalkine MediaSummary Microchips are used in almost all electronic devices, automobiles, and portable products. The demand for microchips has surged to record high levels. Chip shortage is one of the main reasons for the delay in the deliveries of vehicles .....
Resignations galore as India’s Modi rejigs Cabinet
July 08, 2021 11:26 AM AEST| By Furquan MoharkanAs many as 13 ministers of the current Indian government resigned on Wednesday, as the country’s Prime Minister Narendra Modi went for a reshuffle of his cabinet – a move which many see as a bid to set the house in order with an eye on up...
Which coins are Stablecoins? What are the most popular Stablecoins?
July 08, 2021 09:55 AM AEST| By SonalSummary Stablecoin is a type of a cryptocurrency whose value is pegged to other assets like USD or gold. There are 3 categories of stablecoins that include fiat-backed, cryptocurrency-backed and commodity-backed stablecoins. Stablecoins provid.....
What does staking mean in crypto?
July 08, 2021 08:19 AM AEST| By Kiran MuraliSummary Staking is a process of validating a blockchain transaction with cryptocurrencies that run on a Proof-of-Stake mechanism. Staking helps to earn passive income with cryptocurrency through the interests. The crypto holders are rewarded w.....
US markets edge higher, lifted by real estate, healthcare stocks
July 08, 2021 07:55 AM AEST| By Sanjeeb BaruahBenchmark US indices closed higher on Wednesday, July 7, pulled up by gains in real estate and healthcare stocks after the Fed held its first discussion on the bond purchase, accepting that inflation has been a cause of worry but deciding to keep the...
FTSE 100 Managed to Hold 7,150 Level After Energy Shares Gained Momentum
July 08, 2021 04:34 AM AEST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 12.75 points or 0.29 per cent higher at 4,356.29, Dow Jones Industrial Average Index inclined by 66.78 points or 0.19 per cent higher at 34,...
Didi Chuxing’s Share Price Fall 20% in a week amid Chinese Tech Crackdown
July 08, 2021 01:10 AM AEST| By Suhita PoddarSummary The price of Didi Chuxing shares slumped 20% within a week of listing on the New York Stock Exchange. Didi’s app is reported to collect the personal data of users. Hence, the Chinese internet regulators ordered the removal of Didi.....