News
What is crypto fear and greed index?
June 30, 2021 10:55 AM AEST| By AayushSummary A crypto fear and greed index is essentially an oscillator, which quantitively depicts the sentiments of crypto investors/speculators. Generally, it ranges in value from 0 to 100, with 0 depicting extreme fear and 100 being extreme gree.....
The power of Facebook to help counter climate change
June 30, 2021 09:22 AM AEST| By RomaSummary Facebook joins the climate change wagon pledges to promote change As part of the EU commission the aim is to educate and inform Wide reach and impact of social media could be of crucial in the matter In a recent development, Faceb.....
Formula One, Crypto.com strike sponsor deal: Here’s what we know so far
June 30, 2021 08:03 AM AEST| By Team Kalkine MediaSummary Crypto.com will present its brand at Formula 1 races and events and will also get promotional time slots along the tracks during races. The deal is worth US$100 million for five years. com also had signed a contract with the National H.....
US stocks end flat on positive economic outlook
June 30, 2021 07:36 AM AEST| By Sanjeeb BaruahBenchmark US indices closed flat on Tuesday, June 29, after technology and economy-linked stocks logged modest gains in intraday trading marked by high enthusiasm following consecutive record closings of the S&P 500 and NASDAQ Composite in the pr...
British & US equities traded on a flat note; S&P 500 retreats from recent highs
June 30, 2021 04:09 AM AEST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 5.03 points or 0.12 per cent higher at 4,295.64, Dow Jones Industrial Average Index surged by 78.28 points or 0.23 per cent higher at 34,361...
Nearly 800,000 employees, working from home, claim tax relief
June 30, 2021 12:41 AM AEST| By AbhijeetSummary HMRC has extended the benefit of tax concessions to a majority of employees Nearly 800,000 employees have already claimed the benefits of tax relief since April The HMRC is also willing to accept the backdate claims for up to four year.....
What is RNS London Stock Exchange?
June 29, 2021 11:37 PM AEST| By Suhita PoddarSummary RNS supports the listed companies in communicating with the investors across the world. The concept of market communication began way back in the year 1698 at a very small scale. More than 70% of the listed companies in the UK ge.....
Nissan Expected to Start Sunderland Gigafactory Creating Thousands of Jobs in UK
June 29, 2021 10:58 PM AEST| By Kamalika GhoshSummary Car manufacturing giant Nissan is expected to set up a gigafactory in Sunderland. the new plant is expected to offer direct job opportunities to 2,000 workers and many more in subsidiaries. The battery plant could create 2,000 jobs and.....
Reabold Resources: Completion of EBS at Victory Gas Discovery is a key step forwards
June 29, 2021 08:33 PM AEST| By Team Kalkine MediaSummary Environment Baseline Survey (EBS) at Victory Gas Discovery successfully completed. Victory Gas Discovery is operated by Corallian Energy, in which Reabold Resources has a 49.99 per cent stake. Corallian Energy is planning for a draft F.....
What is Nansen Crypto?
June 29, 2021 08:08 PM AEST| By Suhita PoddarNansen Crypto can be defined as an analytics platform for Ethereum, which combines data on chain with an ever-growing database that has millions of wallet addresses. It was established in April 2020 as a subscription-based product, which was .....
What is coking coal, and where is it used?
June 29, 2021 06:01 PM AEST| By Team Kalkine MediaCoking coal, generally known as metallurgical coal, is a naturally occurring sedimentary rock. When heated, coking coal creates coke, which is a key material for the production of ste.....
UK stocks to watch on June 29: Hiscox, JD Sports, ITV, Boeing, IWG
June 29, 2021 05:00 PM AEST| By Kamalika GhoshThese FTSE listed companies, Hiscox Ltd (LON: HSX), JD Sports (LON:JD), IWG Plc (LON:IWG), ITV Plc (LON:ITV), and Boeing (LON:BOE) are set to make headlines today. Hiscox Ltd (LON: HSX) The insurance company would make a settlement with a group of...
Major APAC markets tread in the red zone
June 29, 2021 04:40 PM AEST| By Furquan MoharkanMost of the equity markets in the Asia Pacific (APAC) region were in the red on Tuesday, despite Wall Street indices clocking a record high overnight. In Mainland China, stocks were down by the afternoon: the Shanghai Composite Index was trading 95...
Wall Street banks are hosting a dividend party. Here’s why
June 29, 2021 03:33 PM AEST| By Furquan MoharkanEvery year, investors eagerly wait for capital allocation from the companies they hold positions in. Capital allocation can happen through dividend payouts, buybacks, and issue of bonus shares, among others. Among these, dividend is one of the most...
Klay, Binance and the ban: All this happened within a week
June 29, 2021 02:46 PM AEST| By Furquan MoharkanKlaytn, the public blockchain project of the South Korean Internet giant Kakao, on June 24, announced the official listing of its KLAY token on Binance -- world's largest crypto exchange by volume. On that day, the cryptocurrency seemed to have reve...
What is Floki coin, and why is it trending?
June 29, 2021 02:40 PM AEST| By Daniel Paul JohnsSummary Floki is a relatively unknown coin with an unknown market cap and a current price of US$0.00000155. The fact that Floki is a fringe cryptocurrency with only a small number of holders is what makes it so volatile and subject to significa.....
What is a net zero economy? Is it possible?
June 29, 2021 01:03 PM AEST| By Team Kalkine MediaSummary Net zero refers to removing carbon emissions from the atmosphere by shifting to renewable energy and compensating for the existing levels of the gas. Net zero emissions is different from gross zero emissions as the latter projects an un.....
Why are crude oil prices on fire in 2021?
June 29, 2021 01:00 PM AEST| By Team Kalkine MediaSummary Crude oil prices have surged more than 84% in the past one year (as of 28 June 2021), on the back of robust economic recovery and accelerated COVID-19 vaccination. As demand comes roaring back, oil prices are expected to touch new highs.....
Facebook joins the trillion-dollar club for the first time
June 29, 2021 11:33 AM AEST| By Furquan MoharkanAmerican tech multinational giant Facebook Inc (NASDAQ:FB) became the latest company to cross US$1 trillion valuation mark, joining the elite club of tech only companies. The shares of the company that operates some of the largest social media platf...
S&P 500, NASDAQ make record closes as tech stocks rally
June 29, 2021 08:22 AM AEST| By Sanjeeb BaruahThe S&P 500 and the tech-heavy NASDAQ Composite closed at record highs on Monday, June 28, providing a strong headstart to the week as investors waited for a new set of economic data and a critical OPEC meeting this week whose outcome might sway...