News
FTSE 100 Soared on a Jump in the UK Retail Sales; Oxford Instruments Stock Zoomed by 11.61%
March 27, 2021 04:46 AM AEDT| By Team Kalkine MediaCopyright © 2021 Kalkine Media Pty Ltd. US Markets: Broader indices in the United States traded in green - particularly, the S&P 500 index traded 22.58 points or 0.58 per cent higher at 3,932.10, Dow Jones Industrial Average Index surged by...
BoE Asks Bankers to Keep Liquidity Tap Open to Help Households, Businesses
March 27, 2021 02:39 AM AEDT| By AbhijeetSource: Tupungato, Shutterstock Summary The Bank of England asked banks to continue lending to companies and households. BoE said UK banks can support both businesses and households as they continued to reel under the pressure of the pandemic....
Report: 840,000 Brits Have Rent Dues, Landlords’ Body Warns of Rising Homelessness
March 27, 2021 01:59 AM AEDT| By AbhijeetSource: Srdjan Randjelovic, Shutterstock Summary A report has found that 840,000 tenants have arrears in rent since the lockdown began. The report found that debts have increased so much that tenants would no longer be able to afford to pay th...
From FUD to HODL, 10 Crypto Slangs Every Investor Should Know!
March 27, 2021 01:29 AM AEDT| By Anuj@Kalkine Image 2020 Stock market-listed companies have fundamental terminology such as price-to-earnings ratio (P/E), debt-to-equity (D/E), return on equity (RoE), Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA), etc...
FTSE 100 Opens Higher Boosted by Asian Equities, Oil Price Rebounds
March 26, 2021 08:20 PM AEDT| By Suhita PoddarCopyright © 2021 Kalkine Media Pty Ltd. Summary FTSE 100 index opened higher on Friday boosted by positive trading in Asian markets and the UK’s domestic macro data UK’s retail sales improved, rising by 2.1% in February Oil p...
US Stocks End the Week on Positive Note
March 26, 2021 06:21 PM AEDT| By Team Kalkine MediaSource: Piyato, Shutterstock US markets edged higher on Friday, March 26, 2021, to close the week on a positive note as investors hedged their bets on economy-linked stocks such as energy, real estate, healthcare, consumer cyclical, and financial st...
EU could block vaccine export amid a shortage of AstraZeneca’s COVID-19 shots
March 26, 2021 05:45 PM AEDT| By Team Kalkine MediaSource: Juan Roballo, Shutterstock Summary With vaccination programs in Britain and the US moving far ahead, EU leaders have warned to block the vaccine supply. The EU stated that AstraZeneca intends to deliver just 100 million out of 300 mill...
Why Nike and H&M are facing backlash in China
March 26, 2021 05:36 PM AEDT| By Team Kalkine Media> Chinese celebrities are also disassociating themselves from these brands. In a fresh incident of re-emergence of tussle between China and Western countries, fashion brands H&M and Nike are facing a boycott in China. H&M and Nik...
Tracing Tesla's Trajectory: How it Fared in Last 5 Months?
March 26, 2021 04:57 PM AEDT| By DaminiSource: canadianPhotographer56, SHutterstock Summary Tesla’s stock has delivered an impressive return of over 50 per cent in the past five months. The Company has achieved several significant milestones over the recent months. The...
Traders find Silver Lining in the Natural gas price charts?
March 26, 2021 02:45 PM AEDT| By Team Kalkine Mediaing gas in underground storage fell by 11 Bfc for the week ending March 12, 2021. NYMEX Natural Gas Futures (NYME: NGc1) traded in a sharp upward trend from the latter half of June 2020 till October 2020, makinig a series of higher highs and hig...
Here’s Why Cboe Global Markets is Acquiring Chi-X Asia Pacific
March 26, 2021 12:02 PM AEDT| By Team Kalkine MediaSource: Who is Danny Shutterstock Summary Cboe Global Markets has reached a deal to acquire Chi-X Asia Pacific Holdings, which has core operations in Australia and Japan. The acquisition will accelerate Cboe's global expansion plans....
Energy Shares Dragged FTSE 100 Lower; Bitcoin Price Plunged by around 8%
March 26, 2021 09:56 AM AEDT| By Team Kalkine MediaSource: Copyright © 2021 Kalkine Media Pty Ltd. US Markets: Broader indices in the United States traded in red - particularly, the S&P 500 index traded 17.44 points or 0.45 per cent lower at 3,871.70, Dow Jones Industrial Average Index dipp...
US Stocks End Higher Amid Jobs Data, Mixed Global Cues
March 26, 2021 09:27 AM AEDT| By Team Kalkine MediaSource:Ronnie Chua , Shutterstock Summary US unemployment rate fell to 6.2 percent in February after 379,000 people joined workforce. Chinese social media users blast Nike, H&M over comments on Uyghurs in Xinjiang. Chinese listed companie...
How Prices of Products Will Go Up Due to Suez Canal Blockade
March 26, 2021 03:02 AM AEDT| By Suhita PoddarSource: Leonardo da, Shutterstock Summary The Suez Canal, built in 1869, is a strategic location as it connects the Red Sea with the Mediterranean Sea and is crucial as around 12 per cent of global trade pass through it. Experts said that the...
Think Twice Before You Spend Your Bitcoin For A Tesla!
March 26, 2021 02:56 AM AEDT| By Team Kalkine MediaImages: Pixabay Summary In the past, Elon Musk has been vocal about bitcoin and has backed it on Twitter. It is important to know about the tax implications in case you are planning to buy a Tesla car using bitcoin. To buy a car using bitcoin...
FTSE 100 Trades Firmly in Red Amid Oil Price Drop
March 26, 2021 02:16 AM AEDT| By Suhita PoddarCopyright © 2021 Kalkine Media Pty Ltd. Summary FTSE 100 index was trading firmly in the red on Thursday amid crude oil prices falling due to a Suez Canal blockage WTI crude oil May futures were down by over 3 per cent UK and EU announce...
Standard Life Aberdeen, Aviva Won’t Invest in Deliveroo Over Workers’ Rights
March 25, 2021 09:08 PM AEDT| By Suhita PoddarSource: Zhanna Hapanovich, Shutterstock Summary Standard Life Aberdeen Plc and Aviva Plc have shunned Deliveroo’s IPO over concerns of workers’ rights. Aberdeen and Aviva together manage funds worth £800 billion. Standar...
Is Black Gold Entering a Bearish Phase?
March 25, 2021 07:27 PM AEDT| By Team Kalkine MediaSource: Avigator Fortuner, Shutterstock Summary Recently, WTI Crude Oil plunged on demand concerns due to new pandemic curbs, however reversed sharply after Suez Canal was blocked. Germany and France expected to extend lockdown restrictions du...
Are Upcoming EV fleets An Answer To Rising Carbon Emissions?
March 25, 2021 07:23 PM AEDT| By Team Kalkine MediaSource: AVC Photo Studio, SHutterstock Of late, there have been increasing talks on the need for the shift to energy-efficient appliances, improvement in fuel efficiency, and usage of electric vehicles, amid increasing concerns on climate change. E...
March 25: Stocks to Watch in Trade Today
March 25, 2021 07:04 PM AEDT| By AbhijeetSource: baranq, Shutterstock The FTSE 100 index is likely to open lower on 25 March. The blue-chip index though managed a flat ending in positive territory at 6,712.89, up by 0.20 per cent in the last session on Wednesday, supported by the flash IHS...