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What are battery metals? Why is their demand growing?
June 22, 2021 11:47 AM AEST| By Team Kalkine MediaSummary The fastest-growing storage technology, batteries play a vital role in the low-carbon transition. The demand for battery metals such as lithium, nickel and cobalt has surged amid soaring demand for electric vehicles. These metals are u.....
Which are the top cryptocurrency stocks to explore in the US?
June 22, 2021 08:27 AM AEST| By Kiran MuraliCryptocurrencies have been gaining popularity recently, and their trading exploded this year. While countries like China are clamping down on cryptocurrency transactions, financial service companies and exchanges seem to prepare for future crypto tra...
Rebound in energy, industrial stocks lift Wall Street
June 22, 2021 07:59 AM AEST| By Sanjeeb BaruahBenchmark US indices closed higher on Monday, June 21, after the Dow Jones Industrial Average jumped 580 points as energy and industrial stocks rallied sharply amid a strong economic rebound. The S&P 500 was up 1.40% to 4,224.79. The Dow Jones r...
FTSE 100 Crossed 7,000 Level; Dow Jones up 500 Points; Crude Oil up 2%
June 22, 2021 04:12 AM AEST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 51.35 points or 1.23 per cent higher at 4,217.80, Dow Jones Industrial Average Index surged by 502.47 points or 1.51 per cent higher at 33,7...
Amazon (NASDAQ: AMZN) Prime Day sale kicks off; 2 mn deals on offer
June 22, 2021 04:09 AM AEST| By Team Kalkine MediaSummary Two-day Amazon Prime Day sale has 2 million products on offer across 20 countries. In 2020, Amazon’s Prime Day sales were up 45.2% to US$104 billion from the previous year. Macy’s, Kohl’s, Walmart, Bed, Bath & Bey.....
China intensifies crackdown on crypto mining industry
June 22, 2021 03:02 AM AEST| By Team Kalkine MediaChina has intensified a crackdown on the crypto mining industry over the weekend, renewing calls to national banks and private payment platforms such as Alipay not to offer their services to cryptocurrency exchanges and miners. The Chinese authori.....
OptiBiotix Health Plc’s robust earnings strengthens the case for market revaluation
June 22, 2021 12:50 AM AEST| By Team Kalkine MediaOptiBiotix Health Plc (LON: OPTI), a company engaged in the development of technologies that modulate the human microbiome, delighted the street with a 104 per cent rise in revenue for FY2020 (period ended 31 December 2020). The strong numbers, whi.....
What is copper and what is its strategic importance?
June 21, 2021 06:47 PM AEST| By Team Kalkine MediaSummary Copper or the red metal has wide applicability ranging from industrial uses to human health. The copper prices reached an all-time high of US$4.90 per pound in May 2021. Chile accounts for the largest copper production. CODELCO is the.....
What is all the brouhaha about the Amazon Prime Day?
June 21, 2021 05:03 PM AEST| By Furquan MoharkanShopping is one thing that almost everyone loves – that is when you have the purchasing power to buy things. You get to buy the things you have always wished for. It sparks a sense of instant gratification, elevating your dopamine levels. Howe...
This IPO raised over $29 billion, plus other biggest global IPOs of all time
June 21, 2021 03:00 PM AEST| By SonalThe first thing that is needed to start a business is money or capital due to higher costs and inconsistent revenues initially. People can get money by putting in their own capital, raising capital by getting investors or by getting loans from banks....
Massive sell-off in APAC shares; Japanese & Australian markets in deep red
June 21, 2021 01:55 PM AEST| By Furquan MoharkanThe equity markets in Asia-Pacific (APAC) region witnessed a heavy sell-off on Monday as the Federal Reserve’s hawkish stance on monetary policy continued to weigh heavily on the markets. Japan was the worst performer in the region with the Ni...
What exactly does Federal Reserve do?
June 21, 2021 01:17 PM AEST| By Furquan MoharkanA country’s economy can be compared to a chariot driven by two different horses - the government and the central bank. While the government is involved in giving broader push to economy, the central bank takes the responsibility (which may, at...
What is meatless meat? Is it slowly replacing animal-based meat?
June 21, 2021 12:50 PM AEST| By Tripti JoshiSummary Plant-based meat, or meatless meat, is an essential element for people who prefer a vegan diet and adopt a lifestyle devoid of animal-based foods. Plant-based meats are often low in calories and saturated fat while having high fibre and.....
Is Australia’s Great Barrier Reef in danger?
June 21, 2021 06:00 AM AEST| By Team Kalkine MediaSummary The Great Barrier Reef as a world heritage site is the world’s largest coral reef system. The World Heritage committee has been urged to ask Australia to take immediate action to combat climate change and protect the Great Ba.....
Amazon Forecast to Hold Leading Ecommerce Position with Prime Day
June 20, 2021 07:01 PM AEST| By Suhita PoddarSummary E-commerce retail giant Amazon is holding its annual prime day online shopping sale event on June 21. The event is expected to help the company capture over 40 per cent of total US digital sales by the end of 2021, thus retaining its le.....
EU Loses Legal Battle Against AstraZeneca to Speed Up Vaccine Deliveries
June 20, 2021 06:59 PM AEST| By Suhita PoddarSummary Pharma giant AstraZeneca won a legal battle against the EU in Brussels, which would have forced the company to supply up to 120 million covid-19 vaccine doses by the end of June. The court ruled AstraZeneca can supply up to 80.2 million.....
How is Australia progressing with cryptocurrency regulation?
June 20, 2021 12:16 AM AEST| By DaminiIn order to develop the nation as a technology and financial centre, the Australian Senate Committee is closely evaluating how can cryptocurrencies be regulated in the country. The aim is to bolster the local financial technology sector while promo.....
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Are cryptocurrencies legal in the United States?
June 19, 2021 12:34 PM AEST| By Team Kalkine MediaCryptocurrency is a hot topic these days and is getting more popular as an alternative for mainstream investment and payments. Crypto is a decentralized form of currency that can be used for payments and investments. It is a digital or virtual curren...
How Would I Invest £1,000 In FTSE 100 Stocks?
June 19, 2021 09:28 AM AEST| By Suhita PoddarSummary FTSE 100 stocks are those that have the biggest market caps on the LSE. For an investor seeking to put in £1,000 into these stocks, there are various investment strategies to adopt, such as value investing, growth investing, diver.....
US Markets end week in red, Dow Jones down 500 points
June 19, 2021 07:30 AM AEST| By Sanjeeb BaruahBenchmark US indices closed the week in red on Friday, June 18, with Dow Jones diving to its lowest level since January, as Americans marked the Juneteenth Holiday to commemorate the end of slavery some 155 years ago. The S&P 500 was down 1.31%...
