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5 best US hospital stocks for 2022
Healthcare Stocks

5 best US hospital stocks for 2022

The Omicron variant caused around 98% of Covid-19 cases in the previous week in the US as per the U.S. Centers for Disease Control and Prevention estimates released Tuesday. The infections are rising fast, surpassing the surge rate in the earlier v...

US stocks end mixed after gloomy economic data
Market Updates

US stocks end mixed after gloomy economic data

Dow Jones retreated on Friday, January 14, dragged down by the decline in some heavyweight financial stocks after reporting their quarterly earnings results, while gains in the technology stocks fuelled gains in Nasdaq and S&P 500 index. Meanwhi...

Why is JP Morgan Chase’s stock sinking? JPM shares fall 4%
Financial Stocks

Why is JP Morgan Chase’s stock sinking? JPM shares fall 4%

Highlights JP Morgan Chase & Co. (NYSE: JPM) announced its fourth quarter and full-year 2021 results Friday. Average loans increased by 6%, and average deposits increased by 16% in Q4, 2021. The net income came in at US$10.4 billion in Q4,...

What is TrueUSD crypto? TUSD coin getting investor’s attention
Cryptocurrency

What is TrueUSD crypto? TUSD coin getting investor’s attention

Highlights TUSD is a stablecoin for US dollar that is fixed to US$ in the ratio 1:1 The circulating supply of the token is 1.43 billion It reached its all-time high of US$1.36 on May 16, 2018 The TrueUSD (TUSD) token gained attention from...

What is Propy crypto & why is PRO token soaring?
Cryptocurrency

What is Propy crypto & why is PRO token soaring?

Propy (PRO) is now available on Coinbase.com, Coinbase Android and iOS apps. Starting January 14, users can trade, receive, send, and store PRO tokens on Coinbase and Coinbase Pro. Propy is a decentralized marketplace platform for international re...

Has COVID-19 pandemic proven more hostile to developing economies?
World News

Has COVID-19 pandemic proven more hostile to developing economies?

Highlights  Unlike advanced economies, developing countries would not be able to achieve pre-pandemic economic levels by 2023. As per the WHO, 85% of people in Africa have not received a single COVID-19 vaccine dose, while 36 countries hav...

Will RBA follow the US Fed & hike rates?
Economy

Will RBA follow the US Fed & hike rates?

The US Federal Reserve (US Fed) could start increasing interest rate as early as March 2022 and shrink its balance sheet in response to increasing inflation, said James Bullard, President, Federal Reserve Bank of St. Louis on 06 January 2022. The ...

What is web3? Will it be a big theme in 2022?
Cryptocurrency

What is web3? Will it be a big theme in 2022?

Highlights  In Silicon Valley, web3 is now the hottest topic of discussion with tech titans fighting about it on social media. Web3, used as the abbreviation of Web 3.0, is an umbrella term that envisions the future of internet. What dist...

From burger flipper to billionaire: The story of CZ, Binance CEO
Cryptocurrency

From burger flipper to billionaire: The story of CZ, Binance CEO

Highlights  Binance CEO Changpeng Zhao is the world’s wealthiest crypto billionaire. According to Bloomberg, Zhao's net worth is US$96 billion. CZ is ranked 11th among the world's wealthiest people, ahead of Indian tycoon Mukesh Amb...

Ten Cryptos Trading Below US$1 With Good Utility
Cryptocurrency

Ten Cryptos Trading Below US$1 With Good Utility

Highlights  Amp token offers instant and verifiable assurances for any kind of value transfer Tron provides a network where artists can directly connect with their audience, bypassing centralised networks Hedera’s sustainable public...

Sports & Health Tech IPO: Tiger Woods-backed SPAC targets $150M tee off
IPO

Sports & Health Tech IPO: Tiger Woods-backed SPAC targets $150M tee off

The blank check company Sports & Health Tech Acquisition has filed for its initial public offering with the US Securities and Exchange Commission (SEC) on Thursday. The firm is primarily targeting the sports and health technology industry and i...

Should investors worry about Pakistan’s crypto ban?
Cryptocurrency

Should investors worry about Pakistan’s crypto ban?

Highlights According to a document submitted to the Sindh High Court, the Securities and Exchange Commission of Pakistan (SECP), the Federal Investigation Agency of Pakistan (FIA) and the State Bank of Pakistan (SBP) feel that cryptocurrencies c...