AUS
NZ
UK
CA
USA
IND
World news
S&P 500, Nasdaq hit record highs after tech, energy stocks rally
August 23, 2021 02:43 PM PDT| By Sanjeeb BaruahBenchmark US indices closed at record highs on Monday, August 23, pulled up by gains in technology and energy segments as investors turned their focus on riskier assets amid hopes of a faster economic recovery. The S&P 500 was up 0.85% to 4,479....
APAC markets start the week on a high, major indices surge 2%
August 23, 2021 04:21 AM EDT| 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,...
How have emerging markets fared in 2021?
August 22, 2021 10:49 PM EDT| By Furquan MoharkanGlobal equity markets have been garnering everyone’s attention. After tanking into bear zone in March 2020, the markets recovered soon and have been witnessing an unprecedented rally for the past 1.5 years now despite the economy being in tatte...
Convalescent plasma therapy for COVID-19: are there any benefits?
August 22, 2021 10:06 PM EDT| By Tripti JoshiHighlights The National Institutes of Health (NIH) recently announced the final results from a study assessing convalescent plasma (CP) therapy in COVID-19 outpatients with early symptoms. The results demonstrated no significant benefit of the .....
Anti-lockdown protests turn violent in Australia; scores arrested
August 22, 2021 09:05 AM EDT| By Team Kalkine MediaHighlights Over 4,000 people took to the streets in Melbourne and Sydney to protest the extension of the covid lockdown. Police arrested some 200 protestors in Melbourne as they attacked the police personnel trying to stop them. Nine cops were .....
How to shield kids from delta variant as they return to school?
August 21, 2021 10:24 AM EDT| By Ankit SethiHighlights From the US to Australia, countries are gripped by the new delta variant. An increased number of people are testing positive for the variant, and hospitalizations are up. The biggest concern is the rise of cases among children and t.....
.jpg)
Five stocks that never left Buffet’s basket despite pandemic headwinds
August 21, 2021 10:17 AM EDT| By Team Kalkine MediaHelter-skelter is the one word describing everything globally since a tiny virus crossed Chinese borders and wreaked havoc. The financial markets were no exception. Yet, it was interesting that other than the hope of overcoming the challenge, what .....
.jpg)
US indices close higher as tech, consumer stocks rally
August 20, 2021 02:06 PM PDT| By Sanjeeb BaruahBenchmark US indices closed higher on Friday, August 20, propelled by gains in technology stocks after investors ignored concerns of delta infections that threatened to halt the economic recovery. The S&P 500 was up 0.81% to 4,441.67. The Dow Jo...
.jpg)
What is big data, and what are its applications in the healthcare sector?
August 20, 2021 10:34 AM EDT| By Tripti JoshiHighlights The term big data in healthcare describes the enormous volumes of information generated by digital technologies adoption in the healthcare industry. Big data uses particular statistics in healthcare to explore new developments,.....
.jpg)
Next wave of eCommerce: D2C and live selling
August 20, 2021 10:12 AM EDT| By Sonal SinhaHighlights COVID-19 has brought numerous changes in the way people live, work and purchase products. The pandemic gave a massive boost to a new wave of eCommerce - D2C and live selling. D2C eCommerce refers to the strategy through which .....
China’s rate decision dampens APAC markets
August 20, 2021 12:03 AM EDT| By Furquan MoharkanA stock market ticker shows financial gains and losses. Equity markets across the Asia-Pacific (APAC) region mostly traded in the red on Friday as China left its benchmark lending rate unchanged. The shares in Mainland China fell as the Shang...
Liquid Heist: Hackers siphon off about US$97M from Japanese crypto exchange
August 19, 2021 10:14 PM EDT| By Furquan MoharkanBitcoin, Ethereum and Ripple coins - largest cryptocurrencies by market capitalisation. Japanese cryptocurrency exchange Liquid has revealed that it has faced a cyber-attack, in which hackers have siphoned off US$97 million worth of digital co...
Over 100M US households didn’t pay federal income tax in 2020, says think tank
August 18, 2021 10:18 PM EDT| By Furquan MoharkanThe COVID-19 pandemic has jacked up the number of nontaxpayers in the US. In 2020, 61% of American taxpayers did not pay federal income tax in the US, reveals a new study. According to the Tax Policy Center estimates, last year nearly 107 million ho...
Taliban back at the helm of Afghanistan: What is in it for China?
August 18, 2021 03:05 AM EDT| By Furquan MoharkanChina, over the last couple of decades, has quickly climbed up the ladder in the power league of the global nations. The world’s second largest economy now competes directly with the US – which claims itself to be world’s “sup...
APAC markets in green; Japan extends COVID-19 state of emergency
August 18, 2021 01:10 AM EDT| By Furquan MoharkanEquity markets across the Asia Pacific (APAC) region were trading with gains on Wednesday as Japan decided to extend the COVID-19 emergency and Reserve Bank of New Zealand decided to keep the rates unchanged. At the time of writing this, all the APA...
How an allergy helped Johnny Boufarhat, 27, make it to billionaires’ club
August 17, 2021 11:32 PM EDT| By Furquan MoharkanJohnny Boufarhat has become one the youngest self-made billionaires in the world -- a news that has taken the internet by storm. Who is Boufarhat? He is a 27-year-old Australia-born British citizen and an entrepreneur. Mr Boufarhat was born on 1 J...
US stocks slip on retail data
August 17, 2021 02:51 PM PDT| By Sanjeeb BaruahBenchmark US indices closed lower on Tuesday, August 17, dragged down by loss in mega-cap stocks and weaker-than-expected retail sales data. The S&P 500 was down 0.71% to 4,448.08. The Dow Jones fell 0.79% to 35,343.28. The NASDAQ Composite was...
APAC markets fall as regulatory fears resurface in Hong Kong
August 17, 2021 02:05 AM EDT| By Furquan MoharkanEquity markets in the Asia-Pacific (APAC) region were mostly lower on Tuesday, with stocks of Chinese companies in Hong Kong falling again as regulatory fears resurfaced. The sentiments in the APAC region turned negative despite Wall Street closing...
US stocks trade flat on gloomy Chinese economic data
August 16, 2021 02:59 PM PDT| By Sanjeeb BaruahBenchmark US indices traded near flat on Monday, August 17, after the latest Chinese economic data showed the country’s recovery rate in July was way below economists’ expectations. The grim outlook triggered investors’ concerns abo...
India’s largest private lender to raise US$1 billion in foreign bonds
August 16, 2021 04:26 AM EDT| By Furquan MoharkanIndia’s largest private lender HDFC Bank will be raising US$1 billion through bond issue in the foreign markets, it informed the country’s exchanges. The bank is planning to raise money through additional tier- 1 (AT1) bonds in the overs...
