World news
How to plan your perfect hybrid work schedule?
September 24, 2021 07:00 PM PDT| By Ipsita SarkarHighlights Many employees find hybrid work attractive due to the flexibility it offers. Forty-seven percent of workers who participated in a study said they prefer a hybrid work plan. Managers’ office days should be the team members offi.....
US indices close week mixed, weighed down by tech stocks
September 24, 2021 02:44 PM PDT| By Sanjeeb BaruahBenchmark US indices closed the trading week mixed on Friday, September 24, pulled down by losses in technology and healthcare sectors amid mixed global cues. The S&P 500 was up 0.15% to 4,455.48. The Dow Jones rose 0.10% to 34,798.00. The NASDA...
7 Roadblocks every EV customer is facing
September 24, 2021 02:12 AM PDT| By Mohammad ZaidHighlights Electric car sales touched 2.1 million worldwide, surpassing the numbers in 2018. EV adoption is gaining pace across the globe, but there are numerous roadblocks to the adoption of EVs by customers. Overcoming these challenges.....
Why China Evergrande Group shares sank 12% today
September 24, 2021 01:30 AM PDT| By Chitranjan KumarHighlights China Evergrande Group shares nosedived over 12% on Friday. The stock has tumbled 46% in past one month and 83% since the beginning of this year. The real estate giant’s debt deadline for US$83.5 million interest payment elaps.....
How soaring inflation might sway interest rates
September 24, 2021 01:19 AM PDT| By Furquan MoharkanHighlights The BoE and Fed have indicated rate hikes and taper early next year. The RBA has already truncated its bond buying programme. Inflation is pushing central banks to adopt hawkish policy. Inflation is running hot and it may drive.....
Internet sensation Chloe Clem to sell her iconic meme as NFT
September 24, 2021 04:51 PM AEST| By SamtaThe famous meme girl “Side-eyeing Chloe’’ is selling her “disapproving look” meme – an iconic reaction photo used as meme over the internet -- as an NFT. Representative Image Source: © Jirsak | Megapixl.c.....
Debt, mortgage and collateral: Decoding the jargons
September 23, 2021 09:55 PM PDT| By Furquan MoharkanThe Evergrande fiasco has brought back the focus on debt, a term that motivates as well as scares people. The Chinese property developer, hit by a severe liquidity crunch, sits on a pile of debt worth US$305 billion – 2.1% of the country&rsquo...
US stocks march on, lifted by business optimism
September 23, 2021 02:52 PM PDT| By Sanjeeb BaruahBenchmark US indices closed higher for the second consecutive day on Thursday, September 23, lifted by positive sentiments from Fed’s economic outlook. The S&P 500 was up 1.21% to 4,448.98. The Dow Jones rose 1.48% to 34,764.82. The NASDAQ...
Why is Blizzard Network in limelight today?
September 23, 2021 03:18 AM PDT| By SamtaHighlights Global industries are continuously looking out to adapt with cryptocurrency as the prices of digital currencies continue to surge across the globe. Reimagined yield farming surged in the cryptocurrency market with Blizzard net.....
Unique Crypto asset – CAGE in spotlight today
September 23, 2021 02:25 AM PDT| By SamtaHundreds of new meme coins are launched in cryptocurrency market everyday, where most of them tend to be just joke-asset. However, some of these meme coins significantly grow in the price and gain the spotlight. Hence, many traders often look out t.....
Evergrande’s second largest shareholder to sell its entire stake
September 23, 2021 12:50 AM PDT| By Furquan MoharkanHighlights China Evergrande’s second largest shareholder will sell its entire stake in the company. Chinese Estates has already sold 108 million shares of Evergrande in September. Evergrande shares soared after it made coupon payment on .....
What causes an earthquake? All you should know
September 22, 2021 11:42 PM PDT| By Furquan MoharkanOn Wednesday, a powerful earthquake rocked southeast Australia – a region consisting of some of the major Australian cities like Sydney, Melbourne and Adelaide. The US Geological Survey – which tracks seismic activities across the globe...
Why is UK running short of Carbon Dioxide?
September 22, 2021 09:43 PM PDT| By SamtaIn a bid to address the ongoing Carbon Dioxide (CO2) shortage in the country, the UK Government has struck a deal with major Carbon dioxide suppliers. The Government has announced that it has made a deal with two UK factories to restart the CO2 pro.....
In the Spotlight: Top 50 US startups in 2021
September 22, 2021 03:41 PM PDT| By Team Kalkine MediaHighlights This year saw a record number of deals and funds raised. The average seed funding amount in the first half of 2021 was US$2.5 million, a 47% jump from the same period a year ago. According to Startup Genome’s Global Ecosystem .....
US stocks rebound on Fed's economic assessment
September 22, 2021 02:55 PM PDT| By Sanjeeb BaruahBenchmark US indices reclaimed grounds on Wednesday, September 22, after a steep selloff in the previous two sessions, boosted by the Federal Reserve’s positive economic assessment. The S&P 500 was up 0.95% to 4,395.64. The Dow Jones rose...
China’s Evergrande fiasco: Could it spill over to Australia?
September 22, 2021 05:05 AM PDT| By Chitranjan KumarThe future of China’s largest property group Evergrande hangs in the balance as the real estate giant faces its worst liquidity crisis. The crisis has shaken the Chinese as well as global markets, reminding about the dramatic collapse of &ldq.....
The surge game: PKD prices soar by 20%
September 21, 2021 10:48 PM PDT| By Team Kalkine MediaThe cryptocurrency prices are facing a huge selling pressure, which analysts believe is due to the uncertainty in the Chinese markets. Bitcoin dropped by over 6% in the last 24 hours trading at USD$40,835.76. Representative Image Source: © .....
What Trudeau’s win means for the global economy & Canada’s multilateralism
September 21, 2021 09:40 PM PDT| By Ankit SethiHighlights From President Biden to PM Boris Johnson, world leaders have congratulated Justin Trudeau on his third election win The Liberals are looking to work with the US on issues like fight against climate change Tax on big tech compa...
Explained: What is Evergrande crisis all about?
September 21, 2021 08:37 PM PDT| By Furquan MoharkanGlobal equity markets are witnessing a sort of meltdown at a time when they are flush with access liquidity. And guess what? It is not because of any macro factor or a probable new variant of coronavirus coming in. It is because of a crisis in just o...
US markets close mixed as defensive stocks lead gains
September 21, 2021 02:16 PM PDT| By Sanjeeb BaruahBenchmark US indices closed mixed on Tuesday, September 21, after healthcare, energy, and technology stocks led gains in intraday trading buoyed by positive income expectations. The S&P 500 fell 0.08% to 4,354.19. The Dow Jones fell 0.15% to 33,...