News
Which are the three best-performing stock indices this year?
June 06, 2021 12:36 AM AEST| By Furquan MoharkanThe stock markets across the globe have continued the last year’s bull-run in 2021. Most markets across the globe have seen huge wealth creation for investors, as global liquidity continues to remain high. Many experts are certain that this bul...
How is China progressing towards its sustainable development goals?
June 06, 2021 12:17 AM AEST| By Team Kalkine MediaSummary China is the world’s leading greenhouse gases polluter, as per the World Bank report. The country’s current 5-year plan aims at shifting investment from coal to sustainable technology. China plans to achieve carbon neutrali.....
Widened sewage testing can be pivotal in reducing Covid outbreaks
June 06, 2021 12:01 AM AEST| By AbhijeetSummary The United Kingdom has been quite effective in helping the healthcare administration to arrest the increasing rate of hospital admissions. The NHS Test and Trace has been exemplary in ramping up the testing services in various locations.....
US Markets End Week On High Note As Tech Stocks Roar Back
June 05, 2021 07:29 AM AEST| By Sanjeeb BaruahBenchmark US indices closed the week on a high note on Friday, June 5, as all segments saw broad gains led by bluechip technology stocks and reassuring labor data helped shed investors’ concerns over the recent uncertainties in the markets. Th...
Gold & Crude Oil Prices Edged Higher; London Equities Traded Flat
June 05, 2021 04:29 AM AEST| By Team Kalkine MediaUS Markets: : Broader indices in the United States traded in green - particularly, the S&P 500 index traded 28.90 points or 0.69 per cent higher at 4,221.75, Dow Jones Industrial Average Index surged by 98.08 points or 0.28 per cent higher at 34,...
UK Residential REIT to Go Public on LSE, Many IPOs in Pipeline
June 05, 2021 12:58 AM AEST| By Suhita PoddarSummary UK Residential REIT aims to raise £150 million in an upcoming IPO and invest the raised capital in a diversified portfolio of 28 properties. The company is also planning to issue up to 50 million worth shares linked to buying seed.....
How Green Exports Can Boost the UK Economy
June 05, 2021 12:14 AM AEST| By Suhita PoddarThe UK’s decarbonization and sustainability push has increasingly gathered momentum as the country aims to meet its ambitious net zero emissions target by 2050. According to a recent report by the UK’s business lobby group, Confederatio.....
How Will Norton’s New Mass Crypto Mining Feature Impact the Environment?
June 04, 2021 08:59 PM AEST| By Suhita PoddarSummary Global cyber safety firm Norton announced the introduction of a new feature Norton Crypto to help users mine cryptocurrencies safely. This is the first time a cyber safety company has launched this feature. Critics have argued mass coi.....
Reabold Resources Plc: Meet the Team Taking the Firm to New Highs
June 04, 2021 08:28 PM AEST| By Team Kalkine MediaReabold Resources Plc (LON: RBD), an upstream oil and gas projects investor, is all set to turn the corner with its successful strategy of investing in low-risk oil and gas projects with high potential upside value. The company has invested in four.....
FTSE 100 likely to open lower as Asian equities tumble
June 04, 2021 05:11 PM AEST| By AbhijeetSummary The headline FTSE 100 is likely to open on a negative footing on Friday The futures linked to FTSE 100 were trading 0.13 per cent, lower Nasdaq’s 1 per cent drop weighed on the global market sentiments The headline FTS.....
What are the factors that influence global crude oil prices?
June 04, 2021 03:44 PM AEST| By Team Kalkine MediaSummary Crude oil prices have grown more than 40% this year on the back of robust vaccination programs and global economic recovery. OPEC and its allies play a vital role in stabilising the crude oil prices. A potential US-Iran deal is expecte.....
APAC markets in green; ASX200 up 0.37%
June 04, 2021 03:15 PM AEST| By Furquan MoharkanSummary APAC markets have been unaffected by Biden ban China markets among top performers in the region Australia markets continue winning streak for 4th day in a row. The equity markets across the Asia Pacific (APAC) region were mostly .....
Biden bans US investments into 59 Chinese firms
June 04, 2021 01:46 PM AEST| By Furquan MoharkanSummary Biden bars American from investing in 59 more companies. The US president has signed an executive order to this effect. Trump had already banned 48 companies. US President Joe Biden on Thursday prohibited American entities from in.....
How does a meme stock work?
June 04, 2021 12:34 PM AEST| By Furquan MoharkanGameStop, AMC Theatres, Nokia, BlackBerry Enterprise, Reddit, Robinhood application icons grouped in Meme Stocks folder on smartphone. If 2020 was a year of unprecedented bull run, 2021 would be remembered as the year of memes – a year when me...
US Stocks Retreat, Weighed Down By Bluechip Stocks
June 04, 2021 07:40 AM AEST| By Sanjeeb BaruahUS stock markets closed lower on Thursday, June 3, dragged down by bluechip stocks as investors waited for the latest economic data from the Labor Department in a lacklustre session. The S&P 500 shed 0.36% to 4,192.85. The Dow Jones dropped 0.07...
UK service sector reported decent growth in May 2021
June 04, 2021 04:17 AM AEST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded on a mixed note - particularly, the S&P 500 index traded 8.62 points or 0.20 per cent lower at 4,199.50, Dow Jones Industrial Average Index surged by 44.51 points or 0.13 per cent higher at...
FTSE 100 ends in red after recovering partially
June 04, 2021 01:54 AM AEST| By AbhijeetSummary UK shares staged a moderate recovery in the terminal trades Positive macroeconomic data apparently fell short to gather investors’ confidence FTSE 100 closed at 7,070.58, down 0.53 per cent, after touching a low at 7,013.85 .....
How UK’s Services Sector Made Its Strongest Recovery in May Since 1997
June 03, 2021 11:29 PM AEST| By Kamalika GhoshSummary UK’s service sector made its strongest recovery last month since May 1997. The services sector grew 62.9 in May compared to 61.0 in April, as per IHS Market’s monthly Purchasing Managers Index. Unexpected client demand cont.....
Can Animal Species Facing Threat Related to Climate Change Be Saved?
June 03, 2021 10:34 PM AEST| By Suhita PoddarClimate change has become a main challenge for the world, and worryingly global heating has begun to threaten animal life across the world. According to the International Union for Conservation of Nature (IUCN), over 37,400 species globally are fa.....
The World Is Shifting to Cleaner Energy Forms, but What About Sustainability?
June 03, 2021 09:22 PM AEST| By Kamalika GhoshSummary Governments across the globe have come up with policies that encourage companies to change to alternative energy modes. Though there is more awareness now, it is also essential to look into the sustainability of these energy models. In.....