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Lending before COVID-19 was sub-par: This is what write-offs across APAC convey
July 27, 2021 01:57 AM PDT| By Furquan MoharkanRight from the start of the pandemic, rating agencies and experts had warned that bad loans will see a surge – a fact that holds true when incomes get truncated in the face of a once-in-a-century pandemic. However, along with the expected surg...
APAC markets a mixed bag; HK tech sell-off continues
July 26, 2021 09:25 PM PDT| By Furquan MoharkanThe equity markets in Asia Pacific region traded mixed on Tuesday, as tech shares in Hong Kong continued to be under pressure from investors. On Tuesday morning, shares of Chinese tech giant Tencent – which faced regulatory action by the Chi.....
Earnings on tap for Big Tech: What to expect
July 26, 2021 08:18 PM PDT| By Furquan MoharkanOn Tuesday, after the market close, three of the top four most-valued companies in the US – Alphabet, Microsoft, and Apple – would announce their quarterly results. The collective valuation of these three companies is over US$4 trillion....
Tesla races past a milestone, hits US$1 billion in revenues for first time
July 26, 2021 05:33 PM PDT| By Furquan MoharkanAmerican electric vehicle maker Tesla Inc (NASDAQ:TSLA) has breached the US$1 billion mark in the quarterly earning for the first time in its history. The company overnight reported a net profit of US$1.14 billion for the quarter ending 30 June 2021...
Wall Street stocks end flat ahead of big tech earnings week
July 26, 2021 02:48 PM PDT| By Sanjeeb BaruahUS stocks closed flat on Monday, July 26, as investors seemed to have taken a break ahead of a busy earnings week with many big technology giants like Amazon, Google and Facebook are lining up for second-quarter reporting. The S&P 500 was up 0.2...
How have APAC currencies stacked up against the US dollar this year?
July 25, 2021 11:53 PM PDT| By Furquan MoharkanThe foreign exchange rate of any country is a key determinant of the economic health of that country. As most currencies are globally pegged against the US Dollar, hence the currency of a particular country starts depreciating in times of economic tu...
What is happening in APAC markets?
July 25, 2021 08:47 PM PDT| By Furquan MoharkanLast week was a volatile one for the Asia Pacific (APAC) equity markets. On one hand, the equities across the region tried to follow the cues of Wall Street, while, on the other hand, domestic woes weighed heavy. The primary woes, that impacted the...
What’s impeding global vaccination drive? Debunking myths about COVID-19 vaccines
July 25, 2021 08:15 PM PDT| By Team Kalkine MediaSummary Vaccination has been a game-changing tool in the battle against the COVID-19 pandemic. Over 3.6 billion people have been successfully vaccinated across the globe. Rising concerns about vaccine safety have triggered countless challenges.....
Why is China tightening the noose for tech companies?
July 25, 2021 07:24 PM PDT| By Furquan MoharkanThe crackdown by the Chinese government on its tech companies has been making headlines for about 10 months now. In the latest bout of crackdown, the Chinese anti-trust regulator – State Administration for Market Regulation (SAMR) – impo...
Chinese government cracks down on Tencent
July 25, 2021 12:04 AM PDT| By Furquan MoharkanThe Chinese communist government has cracked down on multinational technology conglomerate holding company – Tencent Holding Ltd – in a stated goal of restoring fair competition in the market. The State Administration for Market Regulati...
COVID-19 has a new epicentre; and that is worrying
July 24, 2021 10:09 PM PDT| By Furquan MoharkanAs COVID-19 pandemic seems unrelenting, it has found new epicentre: a yet another country in the Asia Pacific (APAC) region – Indonesia. In the past one month, the archipelago on the top of Australia has reported 1.07 million fresh COVID-19 ca...
Why safe, sustainable travel is more than a choice
July 24, 2021 08:10 PM PDT| By Team Kalkine MediaFor some people, travelling is an excellent opportunity to earn valuable life lessons from visiting new places or experiencing the culture. For some, it is an occasion to get out of their comfort zone and become self-dependent. Yet, for other...
How are M&As shaping the Australian oil and gas industry?
July 24, 2021 07:12 AM PDT| By Team Kalkine MediaSummary Oil prices were on the move with the onset of the COVID-19 pandemic, affecting the business of many Australian companies. With disruptions in the demand market, With M&As to shrink focus on core and profitable operations or expand c.....
US benchmarks end week in green as tech stocks rise
July 23, 2021 01:41 PM PDT| By Sanjeeb BaruahAll major US stock markets closed the week on a positive note on Friday, July 23, as the mega-cap technology and consumer stocks rallied, lifting the S&P 500 and NASDAQ Composite to record closes. The S&P 500 was up 1.01% to 4,411.79. The Do...
What is bond market telling us about inflation?
July 23, 2021 07:53 AM PDT| By Furquan MoharkanA month back, fears over growing inflation gripped the financial system across the globe. The global economy seemed overheated. The global central banks were caught in a dilemma: economies had just crawled out of recession and needed some support; i...
What is a virtual private network? How does it work?
July 23, 2021 07:41 AM PDT| By Sonal SinhaSummary A virtual private network (VPN) is an encrypted connection over the internet from a device to the network. A VPN helps to determine the way data would be routed via a connection. A virtual private network operates on the network .....
What is vertical farming?
July 23, 2021 07:16 AM PDT| By Sonal SinhaSummary Vertical farming is a farming technique in which plants and crops are grown indoors in vertically stacked layers and under an artificially controlled environment. Hydroponics, aquaponics, and aeroponics are three techniques of vertical .....
Pegasus ‘snoopgate’ scandal: What we know so far
July 23, 2021 03:57 AM PDT| By Ankit SethiPegagus, highly sophisticated spy software developed by Israel-based cyber intelligence company NSO Group, can infiltrate even the most secure systems. Allegedly used as a surveillance tool by both state and non-state actors, the software has captu.....
New Zealand-Australia travel bubble terminated, Airline group asks for wage support
July 22, 2021 10:26 PM PDT| By SonalPM Jacinda Ardern and COVID-19 Response Minister Chris Hipkins announced a suspension of quarantine free travel from Australia to New Zealand amid growing delta variant COVID-19 outbreaks in Australia. The travel bubble had been already halted for.....
Which are the most valuable companies in China?
July 22, 2021 09:52 PM PDT| By Furquan MoharkanHate me or love me, but you can’t ignore me: this is the statement that China might be humming to the world right now. Over the years, especially since the turn of the millennium, has grown at an unbelievable rate. By 2020, China had cemented...
