AUS
NZ
UK
CA
USA
IND
News
Doge Vs Shiba: A Meme War Is Underway In Crypto Space
May 14, 2021 03:39 AM AEST| By AnujWhile Dogecoin investors, aka Dogearmy, stand divided on Elon Musk describing the token as a “hustle” during his performance in the Saturday Night Live show, a new meme-coin is creating a buzz in the crypto world. Shiba Inu has been tren...
.jpg)
FTSE 100 slips, then flips as Wall Street shines after 3-day carnage
May 14, 2021 01:05 AM AEST| By AbhijeetSummary UK shares experienced a topsy-turvy ride on Thursday Upbeat Wall Street phenomenally supported the London equities The Wall Street trio -- Dow, Nasdaq and S&P 500 -- jumped over 1 per cent, each In the late trades, FTSE 100 was ho.....
Alphawave Makes A Dismal Debut, Shares Fell Over 21%
May 14, 2021 12:33 AM AEST| By AbhijeetSummary Chipmaker Alphawave stock tumbled on its LSE debut. It licences high-speed data transmission technology to various chipmaker firms The Totonto-based semiconductor IP company was valued at £3.1 billion Shares of the Canadian .....
Burberry shares collapse 10% as Q4 FY21 sales remain short of Q4 FY19
May 13, 2021 11:41 PM AEST| By AbhijeetSummary Burberry Group shares crashed a little more than 10 per cent on Thursday Q4 FY21 sales stood lower as against the sales recognised in Q4 FY19 However, the comparable store sales through March 2021 rose 32 per cent Shares shed as much .....
Is Musk’s Reverse Gear on Bitcoin Dragging Tesla Stocks Down?
May 13, 2021 08:12 PM AEST| By Suhita PoddarSummary Tesla CEO, Musk has said that bitcoin payments could contribute to greater consumption of fossil fuels. Tesla now intends to resume Bitcoin for transactions once as its mining gets transitioned to more sustainable energy options. The e.....
How could the red-hot iron ore rally benefit investors?
May 13, 2021 05:00 PM AEST| By Team Kalkine MediaSummary Iron ore prices have registered a record rally in recent weeks, with prices surging to record high levels. A robust economic recovery in the US and China, coupled with generous stimulus packages, have fueled the rally. The price surge .....
Bears grip APAC markets on inflation woes
May 13, 2021 03:07 PM AEST| By Furquan MoharkanThe bears seem to have gripped the Asia Pacific (APAC) markets for the second day on the trot, driven by the fears of rate hikes by the central banks. All the indices in the region, save the Taiwanese markets, were trading in red. The Taiwan Weigh.....
Wright or Wrong? The Curious Case of The Self-Proclaimed Bitcoin Creator
May 13, 2021 02:40 PM AEST| By Team Kalkine MediaSummary Australian computer programmer and entrepreneur Dr Craig Wright has once again had a court case postponed to November. In one of several lawsuits Wright is currently involved in, he is being sued by the brother of his former business pa.....
Bitcoin crashes as Tesla does a U-turn on the largest crypto
May 13, 2021 01:00 PM AEST| By Furquan MoharkanThe Palo Alto-headquartered electric vehicle maker Tesla Inc (NASDAQ: TSLA) will stop using Bitcoin as payment mode for car purchases, CEO Elon Musk has said in a tweet. The price of Bitcoin, has since crashed by 15.8% and is trading below the US$5.....
COVID-19 continues to hammer India; global cases decline
May 13, 2021 11:31 AM AEST| By Furquan MoharkanThe spread of the COVID-19 pandemic in India continues to test the limits of the country’s healthcare system, even as the global situation has visibly improved. In last seven days, the fresh cases reported by India – the new epicentre .....
Amazon Dodges US$300 Million EU Tax Order
May 13, 2021 09:23 AM AEST| By Team Kalkine MediaSummary European judges noted that the European Commission failed to show proof of preferential treatment to Amazon by Luxembourg. European Commissioner for Competition Margrethe Vestager had filed the tax evasion case against Amazon. In 2020,.....
US Consumer Prices Rise By 4.2%, The Fastest Pace Since 2008
May 13, 2021 07:55 AM AEST| By Team Kalkine MediaThe US Consumer Price Index (CPI), a key gauge for changes in commodity and services prices, rose 4.2% in April, compared to the same period a year ago, as demand for various goods surged amid a significant improvement in the economy following the .....
SoftBank Posts US$46bn Annual Profit, Highest By A Japanese Company
May 13, 2021 06:00 AM AEST| By Team Kalkine MediaSummary SoftBank's full-year net profit soared to 4.99 trillion yen or US$46 billion, the highest for any Japanese company to date. SoftBank's profit surpassed Microsoft's record annual net profit of US$44.28 billion for its fiscal year ended J.....
FTSE 100 Inched Higher by 0.82%; US Consumer Price Index hits 13-year high
May 13, 2021 04:31 AM AEST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded in red - particularly, the S&P 500 index traded 47.98 points or 1.16 per cent lower at 4,104.12, Dow Jones Industrial Average Index dipped by 293.17 points or 0.86 per cent lower at 33...
Now Google Pay Users In US Can Send Money To India, Singapore
May 13, 2021 04:24 AM AEST| By Team Kalkine MediaSummary It is Google’s first foray into the US$470 billion global remittance market. The payment can only be made between two individuals, and there is no fee for the service. Google Pay, earlier called Android Pay, currently has around .....
Post-Brexit Historic Shift: UK’s non-EU imports higher than EU imports in Q1 of 2021
May 13, 2021 12:29 AM AEST| By Suhita PoddarSummary January-March 2021 became the first quarter in which UK’s non-EU imports were higher than imports from EU nations. Total imports were £14.5 billion or 12.3 per cent lower than the imports in the previous quarter. For the fi.....
UK Economy Recovered from Pandemic Lows in March, Claims New ONS Data
May 12, 2021 11:42 PM AEST| By AbhijeetSummary The national economy grew by 2.1 per cent in March. The growth was driven by sectors, such as education, retail, health, manufacturing, and construction. However, the British GDP shrank by 1.5 per cent during the first three month of 2.....
.jpg)
FTSE 100 snaps two-day fall as UK GDP grows by 2.1% in March 2021
May 12, 2021 09:02 PM AEST| By AbhijeetSummary UK shares inched higher on Wednesday, snapping the two-day plunge FTSE 100 briefly crosses 7,000 after UK GDP recorded 2.1 per cent growth in March Construction output, manufacturing & industrial production also supported equities&.....
Bharat Biotech to commence Phase 2/3 trial of its COVID-19 vaccine on children
May 12, 2021 08:10 PM AEST| By Tripti JoshiIndia-based Bharat Biotech will evaluate its COVID-19 vaccine in a Phase 2/3 clinical trial on children in the 2-18 age group. According to PTI report, the study will be performed on approximately 525 participants at several sites in India. Recent.....
Ether Hits Fresh All-Time High, Up 12%
May 12, 2021 07:31 PM AEST| By AnujEthereum’s crypto token surpassed the US$ 4.3K-mark for the first time on Wednesday (2:45AM EST), May 12, days after achieving the US$ 4K milestone on May 10. Ether witnessed one of the biggest surges of the year and gained as much as 12 per c...
