AUS
NZ
UK
CA
USA
IND
World news
Why Musk’s tweet about his dog did wonders for Shiba Inu
October 04, 2021 08:58 PM PDT| By Jasmine AnandHighlights Elon Musk can't let go his temptation of tweeting about cryptocurrencies, especially meme-themed crypto coins. Recently, he posted a picture of his pet Shiba Inu, Floki, which led to the price rise of the coin. Many opine that it in.....
Facebook restores services after nearly six-hours of outage
October 04, 2021 07:22 PM PDT| By Furquan MoharkanHighlights All three social media services owned by the company– Facebook, Instagram and WhatsApp were functional only after a global outage of almost six hours. Outage detector Downdetector said that it was the largest failure with arou.....
What’s Pandora Papers all about?
October 04, 2021 06:38 PM PDT| By Furquan MoharkanThe Pandora Papers – pegged as the world’s largest expose of hidden wealth – is a collection of almost 12 million leaked documents that reveal tax avoidance and, in some of the cases, money laundering. The names exposed in it includ...
US markets retreat as technology stocks dip
October 04, 2021 02:37 PM PDT| By Sanjeeb BaruahBenchmark US indices retreated on Monday, October 4, dragged down by losses in technology and communication stocks amid mixed signals. The S&P 500 fell 1.30% to 4,300.46. The Dow Jones was down 0.94% to 34,002.92. The NASDAQ Composite fell 2.14%...
Which companies accept Dogecoin as payment?
October 03, 2021 09:35 PM PDT| By Jasmine AnandEarlier, when somebody talked about making purchases through a QR scan, transferring cryptocurrency from one wallet to another, it sounded like a process related to sci-fi. But, in present times, it has become a reality, as more and more retail out.....
Tesla’s (TSLA) robust sales beat expectations despite chip shortage
October 02, 2021 11:01 PM PDT| By Anam SiddiquiTesla, Inc. (NASDAQ: TSLA) continues to make a splash in the global automotive industry on the back of its growing sales and out-of-the-box plans. The Palo Alto, California-based Company reported the sales of 241,300 electric vehicles worldwide, ex.....
Uncertainty around economic recovery deepens amidst the global supply chain crisis
October 02, 2021 11:00 PM PDT| By Anam SiddiquiHighlights The rise in demand in the past couple of months has resulted in a global supply chain crisis. The demand for energy, goods, labour and transportation has surged significantly across several economies. The energy crisis h.....
US markets close higher as tech, energy stocks gain
October 01, 2021 02:02 PM PDT| By Sanjeeb BaruahBenchmark US indices edged higher on Friday, October 1, after technology, energy, and communication stocks registered handsome gains lifted by positive economic data. The S&P 500 was up 1.15% to 4,357.04. The Dow Jones gained 1.43% to 34,326.46....
Optus parent Singtel sells 70% stake in tower business raising A$1.9B
October 01, 2021 03:42 AM PDT| By Priyanka PayalHighlights Singtel, the parent company of Optus divested a 70% ownership in its Australian tower network (ATN) to AustralianSuper for AU$1.9 billion. Optus tower auctions would certainly provide funds to the Company for a 5G rollout. For m.....
Why these 11 nations do not tax Bitcoin gains
October 01, 2021 02:00 AM PDT| By Jasmine AnandHighlights Many countries nowadays are implementing friendly legislations to attract crypto traders as well as foreign investments in form digital assets. Belarus was the first government to legitimise crypto activities. Other countries which .....
NSW premier Gladys Berejiklian resigns
September 30, 2021 11:30 PM PDT| By Furquan MoharkanThe premier of New South Wales (NSW), Gladys Berejiklian, resigned today after the state’s corruption watchdog said it was investigating whether she was involved in conduct that "constituted or involved a breach of public trust". The NSW premi...
Who is the Wall Street’s secret billionaire investor?
September 30, 2021 07:55 PM PDT| By SamtaHighlights Private-equity investor and billionaire Ramzi Musallam has turned tragedy into fortune. Musallam had been Veritas’ second highest ranking executives. The billionaire has been majorly focusing on US State’s Federal Govern.....
TikTok rolls out its first NFT collection; key things to know
September 30, 2021 07:45 PM PDT| By AshishTikTok has become the latest company to enter the non-fungible token (NFT) world. On 30 September 2021, the video-sharing social networking site launched an NFT collection, which will enable its leading content creators to partner with top NFT crea.....
How rough was September Effect this year?
September 30, 2021 07:42 PM PDT| By Furquan MoharkanHighlights The overall market sentiment was negative. S&P500 marked its worst show since September 2020. BOVESPA put up the worst show for the month. The month of September has seen far more corrections in equity markets than any othe.....
.jpg)
NZ keen on exploring adoption of digital currency
September 30, 2021 02:09 AM PDT| By Jasmine AnandHighlights The RBNZ looking at possibilities to launch a digital currency. The Central Bank urged the public to send their feedback by 6 December. The official adoption of the digital currency would help to preserve monetary power and ma.....
.jpg)
What’s chipping away at global supply chain?
September 29, 2021 11:47 PM PDT| By AayushHighlights The supply chain disruption has already left the world running short of several goods and services. The overstressed global supply chain is probably on the brink of collapse, as warned by some international bodies. These group.....
China’s manufacturing PMI data drags Hong Kong shares in red
September 29, 2021 10:18 PM PDT| By Furquan MoharkanHighlights The Hang Seng Index has crashed by over 1% APAC markets are tracking an unexpected shock contraction in China’s factory activity. Australian markets are the best performers in the region Shares in the Asia Pacific region .....
Here’s why the EA share price witnessed a wild ride in September
September 29, 2021 09:23 PM PDT| By AayushHighlights The release of Electronic Arts’ latest videogame, Battlefield 2042, has been delayed by almost a month. Despite a delay, the management stood firm on its previous guidance of US$6.85 billion in sales for 2022. The EA share pri.....
Evergrande founder's net worth takes a US$15.6 billion hit
September 29, 2021 07:34 PM PDT| By Furquan MoharkanHighlights Xu Jiayin, Evergrande’s founder, has lost the most among the world’s richest in 2021. Jiayin has seen his net worth plummet by 66.98%. Shares of Evergrande have crashed by a massive 78.29% since the beginning of 2021. .....
.jpg)
US stocks wrap up day mixed as defensive sectors gain
September 29, 2021 02:11 PM PDT| By Sanjeeb BaruahBenchmark US indices closed mixed on Wednesday, September 29, after consumer staple and utility stocks posted strong gains amid fears of a slowdown in economic recovery. The S&P 500 was up 0.16% to 4,359.46. The Dow Jones rose 0.26% to 34,390.72...
