World news
Bets abound as NFL season kickstarts, Arizona among top betting states
September 14, 2021 04:51 PM PDT| By Team Kalkine MediaHighlights A whopping 58.2 million betting transactions were made between Thursday and Sunday. More than 26 states have allowed legal sports betting as the NFL season kickstarted. Arizona registered around 6.1 million geolocation transactions......
US stocks drift after inflation data
September 14, 2021 03:10 PM PDT| By Sanjeeb BaruahBenchmark US indices retreated on Tuesday, September 14, after the latest economic data showed inflation grew at a slower pace in August, renewing the focus on Fed's stimulus tapering talks. The S&P 500 was down 0.57% to 4,443.05. The Dow Jones...
Why are firms rushing to hop on the BNPL bandwagon?
September 14, 2021 08:15 AM PDT| By Sanjeeb BaruahHighlights The Buy Now Pay Later (BNPL) scheme allows buyers to pay for the purchase of goods and services later in installments without any interest charge. BNPL has become popular during the Covid-19 pandemic. Many financial companies are ei.....
Google fined for abusing mobile market dominance in South Korea
September 14, 2021 02:34 AM PDT| By Team Kalkine MediaHighlights The South Korea’s antitrust agency fined Google for abusing market dominance. Google has been investigated for allegedly using its market position to block smartphone makers as per Korea Fair Trade Commission. The regula.....
UN warns of starvation crisis in Afghanistan; one million children ‘could die’
September 13, 2021 06:48 PM PDT| By Furquan MoharkanHighlights UNICEF warns of one million starvation cases by this year in Afghanistan. The UN body’s chief fears that many will die of starvation. 600,000 people, more than half of whom are children, have been displaced by conflict. O.....
Apple iPhone 13 launch: Five things to know about California Streaming event
September 13, 2021 06:10 PM PDT| By AshishApple is all set for the launch of its much-hyped grand event scheduled on 14 September. The Apple’s fall event, titled California Streaming, will be hosted virtually and is highly expected to unveil four new iPhone models-- iPhone 13, iPhone.....
US stocks close mixed as lawmakers mull tax hike
September 13, 2021 03:09 PM PDT| By Sanjeeb BaruahBenchmark US stock indices closed mixed on Monday, September 13, after lawmakers unveiled plans to raise the corporate tax by around 26% in a new spending bill worth US$3.5 trillion. The S&P 500 was up 0.23% to 4,468.73. The Dow Jones rose 0.76%...
China to split Alipay; Alibaba, Tencent to allow each other’s apps
September 13, 2021 01:43 PM PDT| By Team Kalkine MediaHigglights Chinese regulators plan to break Alipay to create a separate lending platform. Alipay asked to share user data for creating a new entity that will have government control. China also asks Alibaba and Tencent to open their platforms .....
Did Saudis in US help hijackers? FBI reveals first declassified 9/11 document
September 13, 2021 12:37 AM PDT| By Furquan MoharkanHighlights The FBI has commenced declassifying the files on 9/11 terror attack. The declassifying of the documents coincided with the 20th anniversary of the terror attacks The documents reveal the logistical support provided to two of the Sau.....
How does a vaccine work? How effective is Pfizer vaccine?
September 12, 2021 10:14 PM PDT| By Furquan MoharkanWith lockdowns failing to subside the raging COVID-19 pandemic, vaccines seem to be our only antidote against the deadly virus. Effectiveness of the jabs can be contended, but then the world does not have many options on the table to experiment wit.....
Why are investors in rapture over one vaccine jab for COVID-19 and Flu?
September 11, 2021 11:46 PM PDT| By Sonal SinhaCombining COVID-19 and flu protection in one vaccine is a novel concept that Moderna and Novavax have adopted. RELATED READ: Moderna Inc (MRNA) & Novavax Inc (NVAX): Two stocks in focus Tuesday Moderna’s New Development Candidate - mRNA.....
What’s latest with Jeff Bezos' space quest and beyond?
September 11, 2021 09:56 PM PDT| By Sonal SinhaAmazon founder Jeff Bezos has always been in the spotlight for some or other reasons, be it travelling to space or funding anti-aging technology. This article would look at some latest developments from Bezos that brought him to the spotlight. ALS.....
Digitalisation to push mobile payments to double-digit growth by 2028
September 11, 2021 08:55 PM PDT| By Sonal SinhaMany industries have taken the front-row lead during the COVID-19 pandemic. One of the industries that indeed received a kick during the pandemic was the mobile payment industry. With lockdown and restrictions, people chose the mobile payment syste.....
NYSE observes moment of silence to honor 9/11 victims
September 10, 2021 09:52 PM PDT| By Team Kalkine MediaThe US on Saturday marked the 20th anniversary of the 9/11 terrorist attacks that left nearly 3,000 people dead in the country. The New York Stock Exchange observed a moment of silence on the last day of the trading week to honor the victims. Trad.....
Afghan’s newfound love for cryptos ups worries in the West
September 10, 2021 06:15 PM PDT| By Sanjeeb BaruahHighlights More Afghan citizens are using cryptocurrencies as the value of the local currency plunges. Afghanistan is among the top 20 countries using digital currencies. However, the new Taliban rulers are yet to decide on crypto use. Th.....
9/11 repercussions continue to reflect 20 years on
September 10, 2021 07:10 AM PDT| By Furquan MoharkanIt was around 7 pm Indian Standard Time on a September Tuesday evening, 20 years back. I was a kid back then. My father came into the living room and switched on the television in a hushed and worried way. I wondered why! As soon as the TV switched...
Why Psychological distress matters for Australia?
September 10, 2021 07:00 AM PDT| By Tripti JoshiHighlights Mental health is affected by various socioeconomic considerations and affects the individual and the people around them. The Australian government is focusing on the two key priorities- mental health and suicide prevention. In.....
China lobbies Australia for support to join CPTPP despite row
September 10, 2021 04:35 AM PDT| By Team Kalkine MediaHighlights China is lobbying the Australian Government for help to join Trade Pact despite worsening geopolitical issues. The Chinese embassy highlighted that China is Australia’s largest trading partner. The call for support came .....
Amazon smart TV sets to go on sale in October
September 10, 2021 01:49 AM PDT| By Team Kalkine MediaOne of the most customer-centric companies, Amazon has evidently fuelled users’ relationship with the virtual world with its collection of smart products. Its wide range of tech-appointed smart home devices and systems, such as Smart Desk, Sm.....
APAC markets see a muted week; China emerges as outperformer
September 10, 2021 01:45 AM PDT| By Furquan MoharkanHighlights China, Japan markets have outperformed other markets. COVID-19 continues to weigh heavy on Aussie equities. The KOSPI has been the worst performer in the region. In a muted week for the Asia Pacific equities, Chinese shar.....