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FTSE 100 Likely to Open Flat as Pound Nears 1.40 Vs Dollar
February 19, 2021 07:10 PM AEDT| By Team Kalkine MediaUK stock markets are likely to start largely flat on Friday, 19 February, tracking the downbeat global cues with Japan’s Nikkei 225 settling in red for the third consecutive day. The futures linked to the benchmark FTSE 100 index traded margina...
Is technology giant IBM pondering to sell its Watson Health business?
February 19, 2021 06:02 PM AEDT| By Team Kalkine MediaAccording to some media sources, New York-headquartered International Business Machines Corporation (NYSE:IBM) is searching for a potential buyer to sell its IBM Watson Health unit. The move could potentially help IBM’s newly appointed CEO, A.....
How Johnson's 100-Day Target for New Covid-19 Vaccine Will Help Countries
February 19, 2021 04:57 PM AEDT| By Team Kalkine MediaPrime Minister Boris Johnson has set out a 100-day target for developing new Covid-19 vaccines alongside calling on world leaders to back the collective efforts in expediting the development programme for new treatments, tests, and vaccines.....
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Cryptocurrency: What Has It In Store For New Zealand’s Investors?
February 19, 2021 12:40 PM AEDT| By Mark O'DonnellThe adoption of Cryptocurrencies and other digital assets by investors in New Zealand has accelerated in the past year as acceptance for digital assets as a legitimate investment vehicle has risen. Bitcoin is of course the most well-known and wide.....
Crude Climbs USD 65 a Barrel, Texas Winter Storms to be Blamed?
February 19, 2021 10:30 AM AEDT| By Team Kalkine MediaBrent crude oil prices are climbing the price ladder on the back of declining production across the United States due to extreme cold weather conditions across Texas, one of the largest oil-producing regions across North America. Brent futures have...
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US Stocks Fall, Dragged Down by Tech, Industrials; Is A Rebound On Horizon?
February 19, 2021 08:30 AM AEDT| By Team Kalkine MediaAll major US stock indexes ended lower on Thursday as the latest data showed jobless claims rose again last week and concerns of a broader economic recovery weighed on the investors’ minds. The S&P 500 plunged 0.44% to 3913.97. The Dow J.....
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First Bitcoin ETF (BTCC) Zooms In TSX Debut
February 19, 2021 07:44 AM AEDT| By Ipsita SarkarWorld’s first Bitcoin ETF was on a roll in the Toronto Stock Exchange (TSX) debut on Thursday, trading some C$80 million worth of shares in first hour alone. The coin is traded with the symbol BTCC.B (for Canadian dollar) and BTCC.U (for US d.....
Did Barclays Results Push FTSE 100 Lower; Dow Jones Down by over 200 Points
February 19, 2021 07:36 AM AEDT| By Hina ChowdharyUS Markets: Broader indices in the United States traded in red - particularly, the S&P 500 index traded 42.63 points or 1.08 per cent lower at 3,888.70, Dow Jones Industrial Average Index dipped by 301.73 points or 0.95 per cent lower at 31,311.2...
CryptoStar Corp (TSX:CSTR) & Riot Blockchain Stocks Trend On Bitcoin High
February 19, 2021 02:14 AM AEDT| By Kunal SawhneyCryptocurrency companies CryptoStar Corp (TSX:CSTR) and Riot Blockchain Inc (NASDAQ:RIOT, RIOT:US) seem to have hitched themselves to the surging Bitcoin price, which continues to skyrocket to new record highs. The trending stocks of CryptoStar recor...
Facebook's Australia news ban move falsely blocks other pages, including its own
February 18, 2021 10:51 PM AEDT| By Hina ChowdharyEver since the proposed media law is being debated in the Australian parliament, the tech giants Google and Facebook expressed their non-support. They even labelled it as unworkable. The US didn’t miss the moment of warning Australia .....
FTSE 100 Treads Water as Global Jittery Renews
February 18, 2021 10:26 PM AEDT| By Kunal SawhneyUK stock markets traded flat on Thursday, 18 February, tracking the downbeat market sentiments across the globe with Japan’s Nikkei settling in a negative region and futures linked to the Dow Industrials hovering in red. As far as the mood of d...
Grit Continues Cautious Growth Despite Pandemic
February 18, 2021 09:06 PM AEDT| By Team Kalkine MediaSummary Grit portfolio for the six months ended 31 December 2020 performed commendably, notwithstanding a very tough operating environment amid COVID-19. A disciplined approach to cost cutting resulted in an 8.1% increase in net operating inco.....
Study shows rapid fall in coronavirus cases across England since January
February 18, 2021 08:12 PM AEDT| By Kunal SawhneySummary Experts tracking the epidemic suggest a strong decline in Covid-19 infections in England since January. London specifically saw a dramatic fall in cases in early February this year, according to a study conducted by the Imperial College.....
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How Well Placed Is ECR Minerals (LON: ECR) In the Australian Mining Industry
February 18, 2021 04:56 PM AEDT| By Team Kalkine MediaECR Minerals (LON: ECR) is an AIM listed mineral exploration and development company, vying for the next multimillion-ounce gold resource in Australia, which is presently in the midst of yet another minerals boom. ECR has rightly targeted the stat.....
Bitcoin Surpasses USD 52k Mark, More Steam Left in the Crypto Asset?
February 18, 2021 01:02 PM AEDT| By Team Kalkine MediaBitcoin has beaten all the major asset classes hands down in 2021. The digital currency has had good momentum coming into the new year. It has surpassed the level of USD 50,000 and establish a record high of USD 52,433.0 on Bitfinex (as on 18 Februar...
US Markets End Lower; What's Weighing On Stocks?
February 18, 2021 09:04 AM AEDT| By Team Kalkine MediaUS stock markets ended the session lower on Wednesday after positive retail sales data failed to ignite enthusiasm among investors and uncertainties over the economic recovery remained. The S&P 500 was down 0.03% to 3931.33. The Dow Jones Indu.....
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Did UK inflation jump push British equities lower; Enquest Stock Zoomed by 17.15%
February 18, 2021 04:55 AM AEDT| By Kunal SawhneyUS Markets: Broader indices in the United States traded in red - particularly, the S&P 500 index traded 19.42 points or 0.49 per cent lower at 3,913.17, Dow Jones Industrial Average Index dipped by 55.06 points or 0.17 per cent lower at 31,467.69...
Why Rishi Sunak Might Have to Hike Taxes To £60 Bn A Year
February 18, 2021 03:25 AM AEDT| By Team Kalkine MediaA recent study by the Institute for Fiscal Studies (IFS) has warned the government that if the furlough support scheme is not targeted properly, and the books of account are not rightly balanced, the financial implications could be grave. I.....
Why Morningstar Credit Ratings Is Under the SEC’s Scanner
February 18, 2021 01:45 AM AEDT| By Kunal SawhneyThe Securities Exchange Commission (SEC) has filed a lawsuit against Morningstar Credit Ratings LLC for allegedly violating provisions of laws for rating commercial mortgage-backed securities. The Morningstar has been accused of allowing it.....
UK CPI inflation jumps to 0.7% in January
February 18, 2021 12:19 AM AEDT| By Team Kalkine MediaUK consumer prices index (CPI) based inflation jumped to 0.7 per cent, while the consumer prices index including owner occupiers’ housing costs (CPIH) grew to 0.9 per cent in the month of January with recreation and culture contributing the m.....
