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World news
Bitcoin regains lost ground on reports of JPMorgan fund
April 28, 2021 01:15 PM AEST| By Team Kalkine MediaBitcoin (BTC), the most popular cryptocurrency, extended gain on Tuesday as investors took opportunity of the last week’s dip in prices to pile up their digital currency assets. The price of bitcoin climbed as high as US$55,514 in the past 2.....
COVID-19 onslaught at its peak: India marks its deadliest day of pandemic
April 28, 2021 01:00 PM AEST| By Furquan MoharkanThe concerns over have increased manifolds, as the world’s second most populous country – India – marked its deadliest day since the onset of the pandemic. There seemed to be no let-up in the unrelenting onslaught of COVID-19 as .....
NZ Extends Helping Hand to India Amid COVID-19 crisis
April 28, 2021 12:34 PM AEST| By Team Kalkine MediaSummary India is experiencing a harrowing crisis due to COVID-19 with record infections and deaths. The NZ Government assures all possible help to its Indian counterpart. Kiwi players praise the tight bio-secure bubble of the IPL franchises, d.....
Google shares surge on buyback worth US$50 billion
April 28, 2021 11:46 AM AEST| By Furquan MoharkanSummary Google’s shares have surged by 450 bps in the afterhours of trade. The rally has been triggered by a massive buyback. Alphabet Inc has announced blockbuster quarterly results The shares of technology giant Alphabet Inc (NASD.....
Microsoft’s (NASDAQ:MSFT) Q3 Net Profit Up 44% On Cloud Growth
April 28, 2021 09:05 AM AEST| By Team Kalkine MediaSummary Microsoft’s total revenues rose 19% to US$41.7 billion, while its operating income jumped 31% to US$17 billion in the quarter ended March 31, 2021. Microsoft stocks (NASDAQ:MSFT) were trading flat at US$261.97 at 4:00 pm ET on Tue.....
Amazon Stocks (NASDAQ:AMZN) Shine On Stock Split Hopes
April 28, 2021 04:24 AM AEST| By Team Kalkine MediaSummary News of Amazon stock split draws fresh attention to the stocks, whose value jumped nearly 44% over the past year. Amazon is likely to announce its latest quarterly results later this week. Amazon’s net sales had risen by 38% in 2.....
Tesla’s (TSLA) Bet On Crypto & Carbon Credit: A Boon or Bane?
April 28, 2021 02:04 AM AEST| By AnujInvestment in sustainable and eco-friendly companies is at an all-time high on the back of North American governments’ pledge to meet their zero-emission targets by 2050. Although some analysts term this “over-investment” in renewab...
Mining Giant Vale Turns In Stellar Q1 Results On The Back Of Iron Ore Rally
April 27, 2021 07:21 PM AEST| By Team Kalkine MediaSummary Vale S.A. has reported strong 2021 first-quarter financial results. The miner’s Q1 FY21 net income was US$4,807 billion higher than the previous quarter. A week earlier, the miner has announced its 2021 first-quarter production r.....
Which countries are testing the most as COVID-19 explodes?
April 27, 2021 03:56 PM AEST| By Furquan MoharkanThe world is grappling with a deadly second wave of the COVID-19 pandemic. Many countries, like India, Turkey, and Brazil, as of date, are reporting infections and deaths at alarming rates. However, to report the cases accurately, the countries wi.....
Australia One Step Closer to Net Zero Emissions
April 27, 2021 03:14 PM AEST| By Team Kalkine MediaSummary Prime Minister Scott Morrison pledged a carbon emission reduction of 26-28% below 2005 levels by 2030 alongside reaching the goal of net zero emissions. The current efforts include AUD 539 million being pledged towards clean hydrogen an.....
NZ-WA flights put on hold after COVID-19 outbreak in Perth
April 27, 2021 12:48 PM AEST| By Team Kalkine MediaSource: Copyright © 2021 Kalkine Media Pty Ltd The opening of the trans-Tasman travel bubble since 19 April saw a surge among the travellers to cross the shores and to meet their loved ones after more than a year since the closure of the bord.....
APAC markets open flat; Bank of Japan, COVID-19 crisis in focus
April 27, 2021 11:56 AM AEST| By Furquan MoharkanThe shares in Asia Pacific (APAC) countries opened marginally lower on Tuesday morning as investors kept a close watch on Bank Of Japan’s (BoJ) interest rate decision. At the time of filing this copy, most of the Asian and Oceanian indices w.....
Bitcoin reclaims US$50,000-mark after plunging to lowest in two months
April 26, 2021 02:34 PM AEST| By Furquan MoharkanBitcoin, the world’s largest cryptocurrency, plunged to a two-month low on Monday, before rallying to reclaim the psychological mark of US$50,000. The digital asset plunged to as low as US$47,272.52 in early morning, however, it recouped its.....
Musk's SpaceX Seeks FCC Nod For Additional Starlink Satellites
April 26, 2021 02:23 PM AEST| By Team Kalkine MediaSummary SpaceX’s Starlink has sought approval from FCC to launch another 2,824 satellites at 550km altitude. Other near-space broadband service rivals have expressed concerns that congestion of many satellites in lower orbits could .....
Muted opening for APAC markets amid mixed global cues
April 26, 2021 01:25 PM AEST| By Furquan MoharkanThe equity markets in the Asia Pacific (APAC) region witnessed a muted opening for the week on Monday morning, due to mixed global cues. Most of the APAC markets, except for Australia, New Zealand, and Indonesia, were trading marginally higher at .....
COVID-19: World comes to rescue as oxygen shortage chokes India
April 26, 2021 12:53 PM AEST| By Furquan MoharkanAs the world is witnessing a raging second wave of COVID-19 pandemic, for India – the world’s second most populous country – the monstrous virus has unleashed a tsunami. The new infections are skyrocketing at such a pace that the.....
Wall Street guarded ahead of action-packed week
April 26, 2021 11:24 AM AEST| By Furquan MoharkanThe futures of various US indices were trading marginally in red as investors braced for one of the busiest weeks of the earnings season. The futures linked to Dow 30 were down 9 basis points (bps), while those linked to S&P 500 and NASDAQ 100 w...
Capital markets will be key going forth
April 25, 2021 04:43 PM AEST| By Furquan MoharkanThe estimates of economic recovery may be sent for a toss, if COVID-19 pandemic does not relent anytime soon. While Europe is also witnessing rise in infection, it has gone out of hand in India – the world’s most populous country. Whil.....
Markets next week: Key things to watch out for
April 25, 2021 04:20 PM AEST| By Furquan MoharkanThe global equity markets were flat last week – primarily on back of mixed global cues. While COVID-19 took the sheen away from the markets, yet more than encouraging macro numbers from the some of the countries supported the markets. Here i.....
World sees 5.7 million cases in a week as COVID-19 wreaks mayhem
April 25, 2021 02:46 PM AEST| By Furquan MoharkanSummary World clocked 5.71 million new cases last week and 88,738 deaths India reports 2.17 million cases in a week and 15,142 deaths These are the worst weekly numbers since onset of pandemic The world witnessed its worst week since the .....
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