AUS
NZ
UK
CA
USA
IND
World news
COVID-19: NSW records highest ever single-day tally
August 30, 2021 12:02 AM PDT| By Furquan MoharkanHighlights New South Wales has reported the highest number of single day infections. Most cases in the country are locally transmitted. NSW mulls to open up pubs, cafes, and restaurants once 70% of the population is vaccinated. Aust.....
Hurricane Ida lashes Louisiana, natural gas output hit
August 29, 2021 08:13 PM PDT| By Furquan MoharkanHighlights Hurricane Ida made landfall in Louisiana, US on Sunday. Ida is one of the strongest hurricanes in 16 years. The storm has left over half a million people without power. Hurricane Ida made landfall in Louisiana, US, on Sunday as.....
Tesla dips its toes in electricity retailing market: Five things to know
August 29, 2021 07:15 PM PDT| By AshishHighlights Having successfully ventured into the space of electric vehicles (EVs) and energy storage systems, Elon Musk’s Tesla is eyeing the electricity retailing market in the US. Elon Musk-led Tesla plans to sell electricity directly t.....
What’s flippening? Can Ethereum outshine Bitcoin in terms of market cap?
August 29, 2021 06:52 PM PDT| By Furquan MoharkanHighlights Bitcoin is valued at US$920 billion – almost three times that of Ethereum. Bitcoin represents 41% of the total market cap of all cryptocurrencies put together The possible event of Bitcoin taking over Ethereum in market cap is.....
S&P 500, Nasdaq close at record highs after Powell's dovish remark
August 27, 2021 02:19 PM PDT| By Sanjeeb BaruahThe S&P 500 and tech-heavy Nasdaq closed the trading week at all-time highs on Friday, August 27, after Federal Reserve Chairman Jerome Powell cautioned against overreaction to inflation, reiterating that the bank would start tapering monetary su...
.jpg)
How is cloud computing shaping the future of the healthcare industry?
August 27, 2021 07:10 AM PDT| By Tripti JoshiHighlights Cloud computing in healthcare is making a positive change in several ways, including cost reduction in health-related services. Telemedicine, artificial intelligence, virtual reality, internet of medical things are some key tre.....
Asia Pacific markets mixed; all eyes on Powell’s Jackson Hole speech
August 26, 2021 11:11 PM PDT| By Furquan MoharkanAsia-Pacific shares were trading mixed on Friday as investors remained guarded ahead of the Federal Reserve’s annual Jackson Hole symposium where Fed Chair Jerome Powell will be speaking. In Australia, the benchmark ASX200 pared early losses o...
Kabul suicide blasts: Biden vows to retaliate as IS claims responsibility
August 26, 2021 08:22 PM PDT| By Furquan MoharkanUS President Joe Biden has pledged to retaliate against the perpetrators of Thursday’s attack outside Kabul Airport, that killed dozens, including 13 US servicemen. Terror group Islamic State in Khorasan Province (ISIS-K) – an offshoot o...
Tech giants pledge billions to beef up cybersecurity
August 26, 2021 06:53 PM PDT| By Team Kalkine MediaWe may have come far ahead in the field of technology, but our tech products remain vulnerable to threats posed by hacking and cybercrimes. From WhatsApp chats to the most advanced artificial intelligence elements, everything that we are dependent .....
Tim Cook hits paydirt, pockets US$750 million worth of Apple shares
August 26, 2021 06:01 PM PDT| By Furquan MoharkanTim Cook, CEO of Apple Inc (NASDAQ:AAPL), has received 5.04 million Apple shares this week, selling most of the stock for over US$751 million, the filings by the company showed. The tranche of 5 million shares is the last leg of the compensation pac...
US stocks drift on Fed's taper concerns, mixed economic data
August 26, 2021 02:45 PM PDT| By Sanjeeb BaruahThe benchmark US stock indices slipped on Thursday, August 26, after mixed economic data and concerns over Fed's likely tightening of its asset-buying program weighed on investors' minds. The S&P 500 was down 0.58% to 4,470.00. The Dow Jones fel...
COVID-19’s ugly milestone: Australia, NSW breach 1,000-daily infections mark
August 25, 2021 10:49 PM PDT| By Furquan MoharkanThe COVID-19 pandemic has taken an ugly turn in Australia, as fresh daily cases in the country, as well as the worst-hit New South Wales province breached the 1,000 mark for the first time since the onset of the pandemic. NSW, which has Sydney as it...
Asia-Pacific shares in red as South Korea hikes interest rate, Australia’s COVID-19 woes worsen
August 25, 2021 10:13 PM PDT| By Furquan MoharkanShares in the Asia-Pacific region were mostly subdued as South Korea became the first developed country to hike interest rates in the pandemic era. In South Korea, benchmark KOPSI corrected 0.75% after the country’s central bank hiked the in.....
New entrant in big league: Cardano becomes third-largest cryptocurrency
August 25, 2021 05:38 PM PDT| By Furquan MoharkanCardano, the digital currency, has taken over Binance’s native digital coin as the world’s third-largest cryptocurrency, as its price touched an all-time high. At a current market capitalisation of US$88 billion, it is almost 5% more t.....
US markets extend gains as tech, financial stocks rise
August 25, 2021 02:54 PM PDT| By Sanjeeb BaruahAll major US stock markets closed higher on Wednesday, August 26, pulled up by gains in technology and financial sectors. The blue-chip S&P 500 and tech-heavy Nasdaq Composite closed at record highs for the third consecutive day, buoyed by a posi...
Asia-Pacific shares mixed: Sensex at an all-time high, ASX miners rally
August 25, 2021 01:18 AM PDT| By Furquan MoharkanAsia-Pacific stocks were mixed on Wednesday, as optimism continued to drive stocks, with India’s Sensex touching a record high and a rally in the shares of Australian miners. India’s premier benchmark – the BSE Sensex – touch...
Will Bitcoin’s fast recovery fizzle out?
August 24, 2021 09:10 PM PDT| By Furquan MoharkanA rally of over 100%, then a crash of over 100%, and now rallying back by close to 100%. Yes, there is one such asset class which has been so volatile in just eight months of this year – and it is Bitcoin. Bitcoin has given year-to-date return...
Airbnb (NASDAQ:ABNB) extends temporary housing support to Afghan refugees
August 24, 2021 07:55 PM PDT| By SonalHighlights Airbnb has come forward to give free housing to 20K refugees from Afghanistan. The step comes as people vacate from Taliban-controlled Afghanistan. The US has evacuated nearly 60,000 people from Afghanistan since 14 August. Vac.....
Why Pfizer COVID-19 vaccine is hitting the headlines again
August 24, 2021 07:35 PM PDT| By Furquan MoharkanThe United States Monday gave full approval to Pfizer's COVID-19 vaccine, which had earlier been given emergency use authorisation by the Food and Drug Administration (FDA). The full authorisation of the Pfizer’s shot for people aged 16 years...
US stocks rise on vaccine hopes, positive economic outlook
August 24, 2021 03:01 PM PDT| By Sanjeeb BaruahBenchmark S&P 500 and NASDAQ composite closed at record highs for the second consecutive day on Tuesday, August 24, after significant gains in consumer discretionary and energy segments. The S&P 500 was up 0.15% to 4,486.23. The Dow Jones ro...
