World News

French reprisal on the trade front for Australia?

France, Australia, submarine deal, trade disruption, AUKUS, French retaliation, deal against China, Beijing territorial aggression, Indo- Pacific security

Highlights  A week ago, Australia scrapped a US$90-billion contract for buying French submarines. Three nations - Australia, the UK and the US - have announced a new trilateral partnership for security. The signs of retaliation from Franc...

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China holiday softens Evergrande crisis impact on investors

China holiday softens Evergrande crisis impact on investors

Highlights Japanese Indices have crashed 1.5% after a long weekend. Chinese share markets are closed on account of holiday. The ASX has recovered by 26 basis points. Equities in the Asia-Pacific (APAC) region were mixed in Tuesday’...

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Immerse yourself into De-Game-Fi Universe: Here’s what you should know about PetKingdom

Immerse yourself into De-Game-Fi Universe: Here’s what you should know about PetKingdom

Highlights NFTs have taken over the digital asset sphere, with most of those favouring it being art enthusiasts and gaming fanatics. PetKingdom, with its token PKD, has made its entry into the De-Game-Fi environment. Users can finish quests an...

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Will France retaliate by hampering EU-Australia FTA?

Will France retaliate by hampering EU-Australia FTA?

Highlights The Australian Trade Minister – Dan Tehan calls the ongoing diplomatic crisis between France and Australia a “business as usual”. Britain and Australia insisted the diplomatic crisis would not affect the French-Aus...

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Why should world worry about Evergrande collapse?

Why should world worry about Evergrande collapse?

Highlights Fears of default are looming large for China’s Evergrande Group. The property developer owes US$305 billion in debt across markets. This would be the biggest test for China’s financial system in years. In August of ...

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Buy cheap, be a winner, says El Salvador’s Bukele as Bitcoin prices dip

Buy cheap, be a winner, says El Salvador’s Bukele as Bitcoin prices dip

Highlights El Salvador adds 150 new Bitcoins to its kitty, bringing the total to 700. El Salvador is the third-largest country to have the most crypto ATMs. It is the world’s first country to make Bitcoin a national currency. El Sal...

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Top IPOs to keep an eye on this year

Top IPOs to keep an eye on this year

Highlights Warby Parker Inc. has applied for an NYSE listing with the ticker name WRBY. It has a total of 77,741,942 shares of Class A common stock on offer. Amplitude, Inc. is offering 35,398,389 shares of Class A common stock. It applied for ...

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US markets close in red, dragged down by energy, financial stocks

US markets close in red, dragged down by energy, financial stocks

All benchmark US indices closed in the red on Monday, Sep 20, after energy and financial stocks led broad losses across segments and China’s Evergrande default fears loomed. The S&P 500 fell 1.70% to 4,357.73. The Dow Jones fell 1.78% to 3...

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CBOE Volatility Index (VIX) hits one-month high on Monday

CBOE Volatility Index (VIX) hits one-month high on Monday

Top sectors of the S&P 500 (SPX) fell on Monday declined as concerns over the pace of the global economic recovery grew after China’s second-largest real estate firm reported a massive liquidity crunch with a US$300 billion debt. Ten of ...

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Top stocks to watch out this week

Top stocks to watch out this week

Highlights Zoominfo retained the No.1 position on the G2’s Fall 2021 Grid Reports on 26 grids. Nike, Inc. (NYSE: NKE) has a P/E ratio of 43.14 and a forward P/E ratio of 36.38. com, Inc. (NASDAQ: AMZN) has opened a fulfillment center i...

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Why has Biden’s approval rating fallen to the lowest?

Why has Biden’s approval rating fallen to the lowest?

Highlights  A recent poll magnified people’s attitude towards Biden’s government. It showed that most people are dissatisfied with Biden’s performance. The poll revealed that around 71% Americans believe that the USA&rsqu...

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