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US markets close in red as delta variant spells trouble
September 08, 2021 03:04 PM PDT| By Sanjeeb BaruahBenchmark US indices retreated on Wednesday, September 8, as the delta variant stalked the country prompting investors to withdraw from growth stocks. The S&P 500 was down 0.13% to 4,514.07. The Dow Jones fell 0.20% to 35,031.07. The NASDAQ Comp...
Employees are resigning in droves: What’s fuelling the Big Quit?
September 08, 2021 08:57 AM BST| By Furquan MoharkanOne of my favourite mentees, Sonal Gupta (name changed), who has turned out to be a competitive journalist, was recently talking to me about her professional career. She suddenly sprung a surprise, saying she might quit journalism. When I prodded f.....
Asia Pacific: Closed borders, porous markets
September 08, 2021 07:35 AM BST| By Furquan MoharkanHighlights Other than India and Vietnam, not many equity markets have seen abnormal returns in 2021 Lot of major economies in the region have shut their borders to foreigners. The reopening of borders is still shrouded in ambiguity. The A.....
EI Salvador grabs the spotlight adopting Bitcoin as its official currency
September 08, 2021 01:21 AM BST| By Team Kalkine MediaHighlights EI Salvador became world’s first country to make Bitcoin its official currency. The country bought 400 bitcoins running ahead of the roll-out, planning to buy a lot more of them. Salvadoran Government launched its wallet app.....
US stocks drift on slow pace of economic recovery
September 07, 2021 03:00 PM PDT| By Sanjeeb BaruahS&P 500 and Dow Jones slipped on Tuesday, September 7, dragged down by fears of a slowdown in economic recovery, while Nasdaq was marginally up after firms like Apple and Facebook saw gains. The S&P 500 was down 0.34% to 4,520.03. The Dow Jo...
After space mission, Jeff Bezos eyes age reversal solutions
September 07, 2021 09:17 AM BST| By Nidhi GuptaAltos Labs, a startup that works on reversing biological aging, plans to open a Cambridge UK-based research lab. The company is funded by Amazon’s founder Jeff Bezos and has raised about £231 million ($270 million) to develop biological.....
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Which are the 5 best AI companies worldwide?
September 07, 2021 07:17 AM BST| By ManikaArtificial intelligence is simulation of human intelligence by combining several technologies and computer systems. Some of the applications of AI are natural language processing, speech recognition and machine vision. AI will be impacting t.....
Can’t afford Bitcoin? Here are top three cryptocurrencies under US$1
September 07, 2021 03:02 AM BST| By Furquan MoharkanHighlights While some cryptocurrencies are trading at abnormal prices; some of them are below US$1 The star performer below US$1 has been Dogecoin Some other digital assets below US$1 include USD Coin and Stellar Cryptocurrencies have bee.....
Global semiconductor shortage may stretch to 2023
September 07, 2021 03:00 AM BST| By Team Kalkine MediaHighlights The COVID-19 pandemic-induced challenges have badly hit the manufacturing and supply of semiconductor chips in the global market. The worsening global chip shortage is causing harm to the production lines of the global automotive ind.....
Jewish people ring in new year with Rosh Hashanah celebrations
September 06, 2021 09:49 AM BST| By Team Kalkine MediaHighlights Rosh Hashanah, the Jewish New Year, is a time of annual celebrations for the Jewish people across the globe to embrace the coming year. As per the Jewish culture, the 48-hour-long period must be dedicated for intense retrospection an.....
COVID-19 in Australia: No letup in sight despite continuous lockdowns
September 06, 2021 09:27 AM BST| By Furquan MoharkanSome of the Australia’s major cities have been under lockdown for almost three straight months now to contain the third wave of the COVID-19 pandemic. Yet, the net result seems to be opposite of what the government aimed for. The epicentre of...
What is Bitcoin mining? Why is it not yet ESG compliant?
September 06, 2021 03:58 AM BST| By Team Kalkine MediaBitcoin and cryptocurrencies are gaining traction. The global economy has gone through a rough patch over the last one year, which has impacted the Bitcoin mining sector along with cryptocurrency, in general. However, an upward trajectory could be .....
Two decades after 9/11, the wounds are still fresh!
September 06, 2021 03:24 AM BST| By Team Kalkine MediaHighlights The world abided together to fight terrorism after the horrifying 9/11 terror attacks. After years of struggle to fight and combat terrorism, the Taliban captured Afghanistan once again last month. Be it the Americans or the Afghans.....
Australia’s ASX200 features among APAC top performers over last year
September 06, 2021 03:19 AM BST| By Furquan MoharkanA stock market ticker shows financial gains and losses Highlights ASX200 is among the top gainers in the APAC region. Vietnam’s VN30 has emerged as the top performer across the globe. Vietnam, India, South Korea, Taiwan have performed b...
COVID-19 pandemic: have we reached endemic stage?
September 04, 2021 03:35 PM BST| By Tripti JoshiAt the endemic phase, a disease might not always be prevalent with elevated spread levels but may continue there for a longer duration with intermittent rises. On 24 August 2021, the Chief Scientist of the WHO, Dr Soumya Swaminathan, stated that in.....
US stocks end mixed on weak jobs data
September 03, 2021 02:13 PM PDT| By Sanjeeb BaruahBenchmark US indices closed the week mixed on Friday, September 3, after weak jobs data raised uncertainty about the economic recovery. The tech-heavy Nasdaq Composite gained as the weaker-than-expected job data eased fears over Fed’s tapering...
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Japan PM Suga set to resign, Tokyo stock markets at a 30-year high
September 03, 2021 02:39 PM BST| By Rishika RainaHighlights Japan PM Yoshihide Suga is set to resign amid public dissatisfaction over his handling of Covid-19 and the Olympics. Serving for less than a year, Suga is scheduled to step down on 30 September. Following the news, Japan&rsquo.....
Energy stocks lift US indices higher after OPEC OKs production hike
September 02, 2021 03:06 PM PDT| By Sanjeeb BaruahBenchmark US indices closed higher on Thursday, September 2, pulled up by gains in energy stocks after global oil cartel OPEC decided to go ahead with its planned production increase. The S&P 500 was up 0.28% to 4,536.95. The Dow Jones gained 0....
Five stocks Warren Buffett is still pursuing
September 02, 2021 08:18 AM BST| By AayushWarren Buffett, 91, is arguably the most successful investor of the 20th century and that’s the reason why Wall Street keeps a close eye on his portfolio. He is one of those few investors whose entry or exit from a stock holding creates a buz.....
APAC markets mixed; ASX200 in red despite positive GDP numbers
September 01, 2021 07:41 AM BST| By Furquan MoharkanHighlights ASX is trading in the red despite better-than-expected GDP numbers China markets are in the green. Japan is the biggest gainer in the region. Asia Pacific shares were trading mixed on Wednesday, with Australian shares in negati.....
