News

Jewish people ring in new year with Rosh Hashanah celebrations
September 06, 2021 06:49 PM AEST| By Team Kalkine MediaHighlights Rosh Hashanah, the Jewish New Year, is a time of annual celebrations for the Jewish people across the globe to embrace the coming year. As per the Jewish culture, the 48-hour-long period must be dedicated for intense retrospection an...

Top 3 Performing Cryptos in Past 24 Hours
September 06, 2021 06:43 PM AEST| By Daniel Paul JohnsHighlights Quant was launched in 2018 and its platform allows developers to create apps that can run on more than one blockchain simultaneously Fantom is a consensus-as-a-service (CaaS) platform that aspires to make advanced technologies more a...

COVID-19 in Australia: No letup in sight despite continuous lockdowns
September 06, 2021 06:27 PM AEST| By Furquan MoharkanSome of the Australia’s major cities have been under lockdown for almost three straight months now to contain the third wave of the COVID-19 pandemic. Yet, the net result seems to be opposite of what the government aimed for. The epicentre of ...

What is Bitcoin mining? Why is it not yet ESG compliant?
September 06, 2021 12:58 PM AEST| By Team Kalkine MediaBitcoin and cryptocurrencies are gaining traction. The global economy has gone through a rough patch over the last one year, which has impacted the Bitcoin mining sector along with cryptocurrency, in general. However, an upward trajectory could be ...

Two decades after 9/11, the wounds are still fresh!
September 06, 2021 12:24 PM AEST| By Team Kalkine MediaHighlights The world abided together to fight terrorism after the horrifying 9/11 terror attacks. After years of struggle to fight and combat terrorism, the Taliban captured Afghanistan once again last month. Be it the Americans or the Afghans...

Australia’s ASX200 features among APAC top performers over last year
September 06, 2021 12:19 PM AEST| By Furquan MoharkanA stock market ticker shows financial gains and losses Highlights ASX200 is among the top gainers in the APAC region. Vietnam’s VN30 has emerged as the top performer across the globe. Vietnam, India, South Korea, Taiwan have performed b...

Burning Up – What is HOT Crypto?
September 06, 2021 11:50 AM AEST| By Daniel Paul JohnsHolochain’s native token – HOT – has started September off nicely rising by 22% since September 1, 2021. The price of HOT was trading at around US$0.0128 on September 6, rising from approximately $US0.0105 on September 1, accordi...

Top five stocks to explore under US$50
September 05, 2021 05:17 PM AEST| By Team Kalkine MediaHighlights Pfizer, Inc. (NYSE: PFE) has a P/E ratio of 20.07. The stock closed at US$46.84 on Sep 1, 2021. It gained 27.31% YTD. Juniper Networks, Inc’s (NYSE: JNPR) P/E ratio is 47.73. The stock gave a 29.16% return YTD. CF Industries H...

Top 5 DApps On The Ethereum Network in August
September 05, 2021 12:52 AM AEST| By Daniel Paul JohnsWhile Ethereum is still awaiting its much needed upgrade, an increasing number of people are still adopting the outdated blockchain. 2021 has seen a Ethereum, the second-largest cryptocurrency, reducing the gap on the largest cryptocurrency, Bitco...

COVID-19 pandemic: have we reached endemic stage?
September 05, 2021 12:35 AM AEST| By Tripti JoshiAt the endemic phase, a disease might not always be prevalent with elevated spread levels but may continue there for a longer duration with intermittent rises. On 24 August 2021, the Chief Scientist of the WHO, Dr Soumya Swaminathan, stated that in...

US stocks end mixed on weak jobs data
September 04, 2021 07:13 AM AEST| By Sanjeeb BaruahBenchmark US indices closed the week mixed on Friday, September 3, after weak jobs data raised uncertainty about the economic recovery. The tech-heavy Nasdaq Composite gained as the weaker-than-expected job data eased fears over Fed’s tapering ...

US firms brace for US$18 bn losses after Hurricane Ida slams Gulf Coast
September 04, 2021 02:45 AM AEST| By Sanjeeb BaruahHurricane Ida, which lashed the Gulf Coast over the weekend, has left more than a million people out of power, while the insurance firms braced for over US$18 billion losses in claims, even as the government evaluates the damage in the wake of the ...
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Proportion of payments made using banknotes is declining: RBA
September 04, 2021 12:19 AM AEST| By Priyanka PayalHighlights During the Coronavirus pandemic, the Reserve Bank of Australia highlighted a significant shift to contactless and mobile payments by merchants and consumers. The RBA maintained that the proportion of payments made using banknot...
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Can Bitcoin Reach the Half-a-Million Mark by 2023?
September 04, 2021 12:09 AM AEST| By Daniel Paul JohnsBitcoin is the largest cryptocurrency by market capitalisation and also the world’s first digital currency, having been introduced in 2009. By no means was there any fanfare during the revolutionary coin’s inception. In fact, to say tha...
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On the runway to Q3 results
September 04, 2021 12:06 AM AEST| By Rini ZachariahHighlights At the end of July, the 2Q GDP data was announced. ABC has also announced the performance of critical variables like retail sales, employment data and loan commitment data. The numbers paint a flimsy picture overall but there ...
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Japan PM Suga set to resign, Tokyo stock markets at a 30-year high
September 03, 2021 11:39 PM AEST| By Rishika RainaHighlights Japan PM Yoshihide Suga is set to resign amid public dissatisfaction over his handling of Covid-19 and the Olympics. Serving for less than a year, Suga is scheduled to step down on 30 September. Following the news, Japan&rsquo...
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Why is it taking Binance 3 years to go public?
September 03, 2021 06:14 PM AEST| By Daniel Paul JohnsHighlights The Founder and CEO of cryptocurrency exchange, Binance, announced that the US-based platform plans to conduct an initial public offering within the next three years Binance is one of the leading cryptocurrency exchanges with a...

Energy stocks lift US indices higher after OPEC OKs production hike
September 03, 2021 08:06 AM AEST| By Sanjeeb BaruahBenchmark US indices closed higher on Thursday, September 2, pulled up by gains in energy stocks after global oil cartel OPEC decided to go ahead with its planned production increase. The S&P 500 was up 0.28% to 4,536.95. The Dow Jones gained 0....

Nikola, ChargePoint stocks jump on fuel-cell deal, revenue outlook
September 03, 2021 05:53 AM AEST| By Sanjeeb BaruahHighlights Nikola Corporation (NASDAQ: NKLA) completed an agreement with Germany’s Bosch Group for fuel-cell manufacturing. The revenue of ChargePoint Holdings, Inc. (NYSE: CHPT) rose 61% YoY. CHPT expects its Q3 revenue to be between US...

Why are Meten (METX), Baidu (BIDU) stocks drawing attention today?
September 03, 2021 04:27 AM AEST| By Sanjeeb BaruahHighlights Meten EdtechX Education Group Ltd. (NASDAQ: METX) announced the pricing of the underwritten public offering of ordinary shares for US$0.30 per share on Sep 1, 2021. Meten EdtechX stock was down 52% at 8:38 am ET in the premarket afte...