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News
Has Z Energy’s (NZX:ZEL) fuel demand taken a hit?
September 21, 2021 01:09 PM AEST| By SonalHighlights Z Energy is witnessing reduced demand for all fuels at present. Z has projected its volume reduction as New Zealand moves through various Alert levels amid the COVID-19 outbreak. The Group expects its RC EBITDAF to be between $270 m...
Why should world worry about Evergrande collapse?
September 21, 2021 12:58 PM AEST| By Furquan MoharkanHighlights Fears of default are looming large for China’s Evergrande Group. The property developer owes US$305 billion in debt across markets. This would be the biggest test for China’s financial system in years. In August of ...
Buy cheap, be a winner, says El Salvador’s Bukele as Bitcoin prices dip
September 21, 2021 10:21 AM AEST| By Sanjeeb BaruahEl Salvadorian President Nayib Bukele has doubled his bets on Bitcoin as the cryptocurrency prices fell in recent days, asserting that one can never lose by buying them cheap. "This can never beat you if you buy the dips," Bukele tweeted. Althoug...
Top IPOs to keep an eye on this year
September 21, 2021 08:47 AM AEST| By Sanjeeb BaruahThis year saw a flurry of initial public offerings (IPO). While the IPO rush continues in the US, September alone saw more than 40 public offerings. In addition, over 700 IPOs were launched this year, and many are in the pipeline for the remaining ...
US markets close in red, dragged down by energy, financial stocks
September 21, 2021 07:49 AM AEST| By Sanjeeb BaruahAll benchmark US indices closed in the red on Monday, Sep 20, after energy and financial stocks led broad losses across segments and China’s Evergrande default fears loomed. The S&P 500 fell 1.70% to 4,357.73. The Dow Jones fell 1.78% to 3...
CBOE Volatility Index (VIX) hits one-month high on Monday
September 21, 2021 07:36 AM AEST| By Sanjeeb BaruahTop sectors of the S&P 500 (SPX) fell on Monday declined as concerns over the pace of the global economic recovery grew after China’s second-largest real estate firm reported a massive liquidity crunch with a US$300 billion debt. Ten of ...
Top stocks to watch out this week
September 21, 2021 06:20 AM AEST| By Sanjeeb BaruahHighlights Zoominfo retained the No.1 position on the G2’s Fall 2021 Grid Reports on 26 grids. Nike, Inc. (NYSE: NKE) has a P/E ratio of 43.14 and a forward P/E ratio of 36.38. com, Inc. (NASDAQ: AMZN) has opened a fulfillment center i...
Why has Biden’s approval rating fallen to the lowest?
September 21, 2021 05:00 AM AEST| By Toshiva JainHighlights A recent poll magnified people’s attitude towards Biden’s government. It showed that most people are dissatisfied with Biden’s performance. The poll revealed that around 71% Americans believe that the USA&rsqu...
China’s Evergrande isn’t a Lehman Brothers type of crisis: Experts
September 21, 2021 04:49 AM AEST| By Team Kalkine MediaHighlights China’s second-largest real estate firm Evergrande has a debt of US$300 billion. The sharp fall of the company’s stocks dragged down the Hang Seng Index. The investors might opt for the American real estate market over ...
Tesla (TSLA), Apple (APPL) stocks draw attraction amid market volatility
September 21, 2021 01:00 AM AEST| By Team Kalkine MediaHighlights The Tesla, Inc. (NASDAQ: TSLA) stock increased by 4.07% YTD. The stock value of Apple Inc. (NASDAQ: AAPL) rose by 12.87% YTD. AAPL reported a net income of US$21.74 billion in Q3, FY21, compared to US$11.25 billion in the year-ago q...
Which are 5 NZX energy stocks to be considered in 2021?
September 20, 2021 07:46 PM AEST| By SonalHighlights NZ uses solar, hydro, wind and geothermal heat to generate electricity. Genesis Energy posted $358 million as EBITDAF in FY21. Meridian Energy provided its operating report for August 2021. Energy stocks are related to companie...
Is Cosmos Potentially the Most Important Project in the Crypto Space?
September 20, 2021 07:28 PM AEST| By Daniel Paul JohnsThe world of blockchain technology is an ever-evolving industry, with each newly created project aspiring to address the imperfections of the preceding projects. Ever since Ethereum’s launch, which marked the first smart contract-driven bloc...
China-Australia: The present and future
September 20, 2021 07:02 PM AEST| By Furquan MoharkanAustralia has recently decided to buy nuclear submarines from the US, as part of a trilateral pact with the US and the UK – called AUKUS. The trigger: growing military influence of China in Indo-Pacific. How is China militarily growing in Indo...
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How Do I Choose the Correct Cryptocurrency?
September 20, 2021 06:50 PM AEST| By Daniel Paul JohnsSource: © Melpomenem | Megapixl.com While everyone has heard of cryptocurrency at this point, given its meteoric rise in popularity and its penetration into the public consciousness over the last two years, the vast majority of those who ha...
Evergrande executives face “severe punishment” securing early redemptions
September 20, 2021 06:39 PM AEST| By Team Kalkine MediaHighlights Six senior executives of a Chinese property group – Evergrande Real Estate Limited face severe punishment for securing early redemptions. The company owes an estimated US$300 billion to the other suppliers and creditors. Everg...
Evergrande woes resonate in Wall Street: Dow, S&P futures in red
September 20, 2021 06:23 PM AEST| By Furquan MoharkanHighlights Wall Street options trading in red ahead of the market open US indices have now logged three consecutive weekly losses Evergrande woes weigh heavy in Wall Street US futures were trading in the red on early Monday morning after ...
Has AUKUS caused an irreparable dent in Australia-France relationship?
September 20, 2021 06:21 PM AEST| By Furquan MoharkanHighlights French and other NATO countries are at loggerheads with each other. The French are upset about Aussies unilaterally scrapping the NATO deal This has caused clear fissures in NATO In 2014, they were fighting shoulder to shoulder...
Inside Australia’s blossoming love affair with cryptocurrencies
September 20, 2021 06:02 PM AEST| By AayushWith cryptocurrencies exploding in popularity, it is becoming evident that these virtual coins are here to stay for a long time. Australia and its native people are not shying away from joining the trend. According to a new research by YouGov, as m...
What’s behind Hong Kong bloodbath? Evergrande sinks to all-time-low, Hang Seng Property bleeds
September 20, 2021 05:31 PM AEST| By Furquan MoharkanHighlights Evergrande shares have crashed to an all-time low; Hang Seng Index is at 52-week low; and Hang Seng Property Index has sunk to its lowest since the global recession. Other Chinese property stocks are also down by double digits in int...
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Top 10 NFT games in UK in 2021
September 20, 2021 04:34 PM AEST| By Priya BhandariThe decentralized gaming is one of the trending topics in the crypto space as the world is trying to explore more ways to leverage blockchain technology. Play-to-earn is a new model in decentralized games that allow players to play, own and sell th...
