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Economy
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Wetherspoons joins the list of firms hit by supply chain crisis in UK
September 01, 2021 11:12 PM PDT| By Nidhi GuptaWetherspoons on Wednesday joined the list of effected firsm as it reported that its Carding and Coors beers are the latest casualty of the supply chain crisis as most pubs are not receiving deliveries. Its brewers, Molson Coors, said that the suppl.....
Asia Pacific markets close in green
August 30, 2021 03:35 AM PDT| By Furquan MoharkanHighlights Most APAC markets began the week on a positive note. Australia recorded an unprecedented surge in fresh COVID-19 cases. Investors are keeping track of Meituan results. Asia Pacific shares on Monday closed mostly in the green, w.....
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How is cloud computing shaping the future of the healthcare industry?
August 27, 2021 07:10 AM PDT| By Tripti JoshiHighlights Cloud computing in healthcare is making a positive change in several ways, including cost reduction in health-related services. Telemedicine, artificial intelligence, virtual reality, internet of medical things are some key tre.....
Asia Pacific markets mixed; all eyes on Powell’s Jackson Hole speech
August 26, 2021 11:11 PM PDT| By Furquan MoharkanAsia-Pacific shares were trading mixed on Friday as investors remained guarded ahead of the Federal Reserve’s annual Jackson Hole symposium where Fed Chair Jerome Powell will be speaking. In Australia, the benchmark ASX200 pared early losses o...
How many international airlines are still flying to Australia?
August 25, 2021 07:54 PM PDT| By AshishEven as the international borders remained closed for passengers for the last many months, a few airlines flew in and out of Australia, benefitting from quarantine-free travel corridors and specially organised repatriation flights. More airlines a.....
APAC markets start the week on a high, major indices surge 2%
August 23, 2021 01:21 AM PDT| By Furquan MoharkanEquity markets in the Asia Pacific (APAC) region were rallying on Monday morning after the Hong Kong markets bounced back from last week’s bearish trend. By Monday afternoon, the benchmark Hang Seng Index of Hong Kong was trading 1.78% higher,...
Are NZ retail companies feeling the heat of level 4 lockdown?
August 20, 2021 01:00 PM PDT| By RomaHighlights Retailers are concerned about the new Delta variant, which is potentially more transmissible. The government urged to clarify what qualifies as an essential service, amidst the Level 4 lockdown announcement. Prime Minister says it i.....
The week ahead: Key economic events to watch
August 20, 2021 01:43 AM PDT| By Team Kalkine MediaHighlights The recent wave of the Delta variant has posed a significant roadblock in the path to global economic recovery. The key economic announcements lined up ahead would provide better insight into how world leaders are planning to fight t.....
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Afterpay Day 2021: Check out the best fashion and tech deals
August 18, 2021 11:31 PM PDT| By AshishHighlights Afterpay is back with its sale event, which occurs twice a year. The four-day Afterpay sale, which began at 7 AM (AEST) on 19 August, is offering discounts as high as 70% on popular brands. Major deals are spread across fashion, bea.....
A quick look at 10 most influential economists
August 18, 2021 07:27 PM PDT| By Team Kalkine MediaAs a field of study, economics has taken a diverse path over years, which is characterised by rapid developments and changing philosophies. Meanwhile, the field has witnessed several monumental changes/new ideologies over the course of time and has.....
RBNZ Governor faces a tough choice in view of Level-4 lockdown
August 17, 2021 04:32 PM PDT| By ManikaIn view of new cases of Coronavirus in Auckland city and resultant Level-4 lockdown, the Reserve Bank Governor will face a difficult choice in deciding whether to hike the OCR now or not. A rate hike which looked imminent some days back due t.....
RBNZ to raise OCR on Wednesday, by how much, is the question?
August 15, 2021 08:06 PM PDT| By ManikaThe latest employment numbers announced by Stats NZ reinforced the expectations of economists and analysts alike on the news of interest rate hike by the Reserve Bank of New Zealand (RBNZ). Some have been talking of a double hike of the official Ca.....
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How are low interest rates helping Canada & US?
August 13, 2021 06:30 AM PDT| By Ankit SethiHighlights In March 2020, the Bank of Canada cut its benchmark interest rates to 0.25 per cent. In the wake of the pandemic, the US Federal Reserve has also maintained interest rates at record-low levels. Inflation is high in both the US and C.....
The week ahead: Key economic data to watch
August 13, 2021 12:33 AM PDT| By Team Kalkine MediaSummary Most countries remain positioned to face higher levels of inflation as economic recovery takes shape across the globe. The economic revival has not been uniform across nations, with some countries still struggling to contain the v.....
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When will Australia lift international travel ban?
August 12, 2021 11:26 PM PDT| By AshishSneh Gandha, a 63-year-old from Jalandhar, India, has been, without fail, tracking updates daily on the existing coronavirus scenario in Australia. Her elder son Sumeet resides in Sydney, the capital city of New South Wales (NSW), which was last he.....
US home prices refuse to cool down as demand-supply woes continue
August 12, 2021 03:54 PM PDT| By Team Kalkine MediaHighlights The median home prices rose by more than 10% in most of the metro areas surveyed by NAR. At a national level, the average sales price of a single-family existing home rose by 22.9% in the quarter to US$357,900 compared to figures in .....
US inflation rises slowly in July but remains at a 13-year high
August 11, 2021 11:42 AM PDT| By Team Kalkine MediaSummary The data showed the consumer price index (CPI), which measures the average change in prices, rose marginally by 0.5% last month compared to 0.9% in June. In July, prices for used cars and trucks rose by 0.2%, indicating a sharp drop fro.....
Crude oil marks worst run in four months as COVID-19 hits demand outlook
August 09, 2021 05:50 PM PDT| By Furquan MoharkanCrude oil prices are witnessing their worst run in about four months as concerns about the softened demand have resurfaced in the global oil market. The prices of Brent Crude Oil Futures for October 2021 have crashed 9.3% in the current month as the...
5 things that markets can expect from this week’s US inflation data
August 09, 2021 12:07 PM PDT| By Team Kalkine MediaSummary The latest consumer and producers price index figures will be out this week. The Federal Reserve might announce a timeline for tapering monetary stimulus. The robust July jobs report released on August 6 will play a role in Fed’s.....
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How hospitality sector desires to overcome ‘Pingdemic’ hurdles
August 06, 2021 05:09 AM PDT| By AbhijeetSummary Hospitality sector has been the worst-hit industries in last 16 months Pingdemic is hurting the businesses and operations as firms face staff shortages UKHospitality has welcomed the proactive initiative of pinging the people Th.....
