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Mixed open for APAC markets; China’s PMI data out
May 31, 2021 02:17 PM AEST| By Furquan MoharkanThe equity markets across the Asia Pacific (APAC) region were a mixed bag on Monday, as China reported less-than-expected growth in its manufacturing activity. Mainland Chinese stocks were in the red, with the Shanghai Composite down by 20 basis p.....
COVID-19: The Latest World Wrap-Up
May 31, 2021 01:09 PM AEST| By RomaSummary Asian countries still deep under the COVID-19 fire. The US hits an all-time low COVID-19 infection rate. Efforts being made by governments to help travel recovery. With over a year of the world struggling with the coronavirus pand.....
What are Rare Earth Elements and what’s their strategic significance?
May 31, 2021 01:03 PM AEST| By Team Kalkine MediaSummary Rare earth elements (REE) are a set of 17 metallic elements, which are not rare despite what the name suggests. REEs are widely used in the manufacturing of consumer electronics, medical equipment, electric vehicles, and defence and cle.....
Global Markets: Key events to watch out for this week
May 31, 2021 01:01 PM AEST| By Furquan MoharkanIt was a mixed bag for the global markets last week – with gains and corrections. However, with a barrage of macro numbers likely this week, markets would be reacting more frequently than ever. Here are four key events of the week: Australia...
Bitcoin at $35K, Ethereum at $2300: Why prices of cryptocurrencies are falling
May 30, 2021 04:51 PM AEST| By Chitranjan KumarThe cryptocurrency market continued a bearish trend on Sunday following a roller-coaster week of trading, with major digital currencies such as Bitcoin and Ether witnessing a drop in their value, triggered by a growing crackdown in China and rising.....
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How Cryptocurrencies as Form of Payment can Potentially Benefit Consumers & Businesses
May 30, 2021 12:54 AM AEST| By DaminiSummary There is a growing debate around the implications of using cryptocurrencies as a form of payment over the coming years. While highly volatile in terms of trading, cryptocurrencies can offer several advantages to consumers and businesses.....
What has the COVID-19 pandemic taught us? A look at five key lessons
May 30, 2021 12:41 AM AEST| By Tripti JoshiSummary The ongoing global COVID-19 crisis has underlined the requirement of international collaboration to combat any global pandemic. Social distancing has become a buzzword worldwide, with the importance of practising hygiene highlighted mor.....
Focus Remains on Cautious Resumption of Summer Holidays
May 30, 2021 12:41 AM AEST| By AbhijeetSummary There are a series of guidelines and regulations that have been instituted in order to have an added protection of the passengers and reduce the chances of virus transmission DfT has introduced a Covid-19 Charter that has been designed .....
E-Mobility firm Tritium to list on Nasdaq: Here’s all you need to know
May 30, 2021 12:26 AM AEST| By Chitranjan KumarAustralian electric vehicle fast-charger Tritium has decided to go public in the United States through a special purpose acquisition company (SPAC) route, valuing the company at US$1.2 billion (AU$1.55 billion). .....
Inlet of Fresh Air Crucial as Indoor Settings Reopen
May 30, 2021 12:17 AM AEST| By AbhijeetSummary Around 25 per cent of the people are either unaware of the benefits of fresh air, and proper ventilation in the households and in the indoor hospitality venues. In order to increase the awareness amidst the individuals with regard to th.....
US Stocks Rise On Budget Hopes, Inflation Data
May 29, 2021 07:35 AM AEST| By Team Kalkine MediaAll benchmark US indices closed the week with modest gains on Friday as investors weighed the Federal Reserve’s new inflation data and President Joe Biden’s first federal fiscal budget for 2022. The S&P 500 was up 0.08% to 4,204.11....
Real Estate & Financial Shares Pushed London Markets’ Higher
May 29, 2021 04:40 AM AEST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 17.28 points or 0.41 per cent higher at 4,218.16, Dow Jones Industrial Average Index surged by 135.53 points or 0.39 per cent higher at 34,6...
FTSE 100 swings to weekly gains, but ends flat as AstraZeneca dips in late deals
May 29, 2021 01:57 AM AEST| By AbhijeetUK shares largely traded in the positive region on Friday, 28 May, reversing the marginal dip of yesterday, with the benchmark FTSE 100 oscillating well below the 7,100 mark. The positive opening on Wall Street somewhere supported the London equiti.....
Reabold ’s West Newton Project Progresses Further with New Testing
May 29, 2021 12:55 AM AEST| By Team Kalkine MediaReabold Resources PLC is an upstream oil and gas investment company that invests in projects with low technical risk and high potential returns. As a result of market conditions, the company is able to invest in such projects at a low entry cost, f.....
Will FCA’s New Measures Safeguard the Loyal Insurance Customers?
May 29, 2021 12:52 AM AEST| By AbhijeetThe Financial Conduct Authority (FCA) has come up with new rules, after years of complaints, wherein customers renewing motor and home insurances would not be paying any more than what they would have as a new payee from January next year. The FCA.....
UK Government’s £166.5 Million Cash Boost to Green Technology
May 29, 2021 12:41 AM AEST| By Team Kalkine MediaSummary The UK Government has come up with a 10-point plan for a green industrial revolution In 2018, the UK government had launched a clean growth fund to increase direct investments in clean technology and reduce GHG emissions. One of th.....
Interest Rates Could Rise Next Year, Says Bank of England’s Vlieghe
May 28, 2021 07:56 PM AEST| By AbhijeetSummary If the economy continues to recover at a rapid speed, BoE might raise interest rate next year, said Gertjan Vlieghe. However, if the new coronavirus variants continue to spread the disease, unemployment could rise as the furlough scheme.....
2 Alternative Energy Stocks to Keep A Watch On: EQTEC and Active Energy
May 28, 2021 07:46 PM AEST| By Suhita PoddarSummary EQTEC shares fell sharply after it announced a £15 million fundraising plan via placing and subscription to support its growth plans. Active Energy shares fell after new air permits for its wood pellet project in North Carolina wa.....
Explained: Climate Change and the Role of Mining Industry
May 28, 2021 07:37 PM AEST| By Team Kalkine MediaSummary The Paris Agreement on climate change has laid down a long-term goal of lowering the global average temperature by 20C compared to pre-industrial levels. Produced primarily from industrial activities, carbon dioxide emissions contribute.....
Where will you get Cash Prize Money to get Vaccinated?
May 28, 2021 07:17 PM AEST| By Kiara KhannaCalifornia has announced one of the most luring vaccination lottery program called VAX FOR THE WIN today. Governor of California Gavin Newson revealed the state vaccine lottery of more than 116 million dollars in cash prizes to fully vaccinated Cal.....
