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APAC markets in red as investors track oil prices
July 18, 2021 07:41 PM PDT| By Furquan MoharkanSummary The equity markets in APAC have opened in the red. Investors are guarded after the OPEC deal. China, Australia and Japan were the worst performing markets in the morning; Hong Kong was the best. The equity markets across the Asia .....
Is Tesla Cybertruck a giant leap in design?
July 18, 2021 06:15 PM PDT| By Anam SiddiquiSummary Tesla is set to bring its Cybertruck into the market, boasting unconventional sharp trapezoid design without door handles. While Tesla's all-electric SUV and sedan are already witnessing strong popularity, Cybertruck will mark the.....
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How to invest in stocks of foreign companies?
July 18, 2021 01:17 AM PDT| By ManikaSummary These days there are many opportunities for investing in foreign stocks One can do it through ADRs, GDRS An investor can also buy ETFs or international mutual funds besides foreign direct investment route. Gone are the days when i.....
Can APEC meeting led by New Zealand lead to a meaningful outcome?
July 17, 2021 09:45 PM PDT| By ManikaSummary APEC meeting was virtually hosted by New Zealand and chaired by Prime Minister Jacinda Ardern The main aim of the meeting was to discuss ways to strengthen drive against COVID-19 The U.S. emphasizes the need for multilateralism. T.....
Stablecoins come under the scanner of U.S regulators on Monday
July 17, 2021 09:33 PM PDT| By ManikaThe regulators around the world are becoming serious about the role of stablecoins in financial system. The Treasury Secretary Janet Yellen along with the U.S. Government’s Working Group on Financial Markets will be discussing the role of sta.....
Why regular physical activity is critical to your mental health
July 17, 2021 07:48 AM PDT| By Team Kalkine MediaAlthough the benefits of regular exercise are well-established, most people find it hard to accomplish. Yet, time and again, experts have emphasized the importance of everyday workouts to your physical and mental health. According to 2019 data of th...
US stocks end lower after retail sales boost
July 16, 2021 02:14 PM PDT| By Sanjeeb BaruahBenchmark US indices closed the week lower on Friday, July 16, as losses in cyclical stocks eclipsed the gains in growth stocks after the commerce department said retail sales rose marginally in June. The S&P 500 was down 0.75% to 4,327.16. The...
Ranked: Top five dotcoms raking in the highest revenues
July 16, 2021 11:35 AM PDT| By Furquan MoharkanBack in 1990s, the mania around the dotcom businesses had gripped the globe. The mania was so extreme that between 1995 and 2000, the tech-heavy Nasdaq Composite index rose by an astounding 400%. The index’s price to earnings (PE) ratio soared...
Are these 10 global technology companies poised to grow in FY21?
July 16, 2021 12:58 AM PDT| By ManikaSummary For technology companies, numbers don’t matter that much. The cutting-edge technology is what makes investors interested about them. There are many cloud-based companies poised to do well in FY21. For technology stocks.....
Fitness firm F45 starts trading on NYSE; raises US$325 million via IPO
July 15, 2021 11:52 PM PDT| By Team Kalkine MediaF45 Training Holdings Inc, a global fitness company, rolled out its initial public offering (IPO) yesterday on the New York Stock Exchange (NYSE) at a market value of US$1.6 billion. The company listed its shares for trading under the ticker symbol.....
S&P, NASDAQ retreat as growth stocks slip
July 15, 2021 02:54 PM PDT| By Sanjeeb BaruahThe blue-chip S&P 500 and tech-heavy NASDAQ Composite closed lower on Thursday, July 15, weighed down by technology, energy, and consumer discretionary stocks after positive labor data. The S&P 500 fell 0.33% to 4,360.03. The Dow Jones was u...
How will NZ rebalance trans-Tasman travel amid COVID-19 surge in Australia?
July 15, 2021 01:18 AM PDT| By RomaSummary The rise in coronavirus cases in Australia has been posing hurdle for the travel bubble with New Zealand. The messages to the Kiwis stuck in Australia are being made public through press conferences and airlines notifications. New Zeal.....
APAC countries churn out a mixed bag of macro numbers
July 14, 2021 10:45 PM PDT| By Furquan MoharkanSummary China reports a massive dip in its GDP growth. Australia’s unemployment rate falls below 5%. It marks Eight consecutive month of job market improvement is Australia The countries in the Asia Pacific (APAC) region came up wit.....
Where do New Zealanders stand in completion of COVID-19 vaccination drive?
July 14, 2021 10:42 PM PDT| By RomaSummary Emergency APEC meeting to be held Friday to strengthen vaccine distribution. 81% Kiwis say they are willing to get vaccinated and are looking for more informative data. After Pfizer, Johnson and Johnson vaccine gets the green signal by.....
APAC markets open mixed in wake of Powell’s dovish comments
July 14, 2021 09:10 PM PDT| By Furquan MoharkanWith macros in focus, the equity markets across the Asia Pacific (APAC) region were a mixed bag on Thursday morning. The APAC markets followed the trend set by Wall Street overnight. The S&P 500 advanced by 12 basis points to 4,374.30, while the...
US stocks edge higher on Powell's dovish testimony
July 14, 2021 02:43 PM PDT| By Sanjeeb BaruahBenchmark US indices closed higher on Wednesday, July 14, after Fed chief Jerome Powell reiterated at a Congressional hearing that inflation is transitory and the economic recovery is on the right path. The S&P 500 was up 0.12% to 4,374.30. The...
Which are the world’s top 10 stock exchanges based on market cap?
July 14, 2021 02:30 AM PDT| By Furquan MoharkanGlobal stock markets seem to have been on steroids since April 2020. After touching a multi-year low in March 2020, thanks to COVID-19 woes, equity markets across geographies bounced back – and in a very sharp manner. The surge in stocks has h...
Are these the 10 hottest electric vehicles of 2021?
July 13, 2021 11:49 PM PDT| By Jasmine AnandSummary Increased levels of greenhouse gas emissions are severely impacting the environment. With growing awareness, governments of many nations are urging people to move towards more climate-efficient and cost-effective electric vehicles. Peo.....
APAC markets mixed as US inflation overshoots expectation
July 13, 2021 07:43 PM PDT| By Furquan MoharkanThe equity markets in the Asia Pacific (APAC) region were a mixed bag on Wednesday as a faster-than-expected rise in US retail inflation dampened investor sentiments. In far east Japan, the Nikkei 225 slipped 21 basis points while the Topix index .....
Chinese firms in US in soup over alleged abuse of Uyghur Muslims
July 13, 2021 07:42 PM PDT| By Furquan MoharkanThe businesses with supply chain and investment ties to China’s Xinjiang province face potential legal consequences in the US, owing to increasing proofs of genocide and human right abuses in the north-western region of the world’s most p...
