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News
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Covid vaccine: Why Novavax's approval process is getting delayed
August 06, 2021 08:47 PM AEST| By Kamalika GhoshSummary Novavax Inc announced that it would delay its application for emergency use authorisation to FDA until Q4. The company said it has filled for regulatory authorisation in India, Indonesia and the Philippines. The share prices of t...
How are APAC markets faring on the last day of the week?
August 06, 2021 06:43 PM AEST| By Furquan MoharkanThe equity markets across the Asia-Pacific (APAC) region, with exception of Japan and Australia, were trading in the red. The negative sentiment in the markets crept as investors awaited the release of a closely watched US jobs report. The private s...
What is TrueFi coin? Where can you buy it?
August 06, 2021 06:22 PM AEST| By Daniel Paul JohnsSummary TrueFi rose by a massive 435% after it raised US$12.5 million from venture capital firm Andreessen Horowitz and trading firm Alameda. TrueFi is a decentralised finance (DeFi) platform that provides lending without collateral. The nativ...
Important steps to safeguard your business from cyber attacks
August 06, 2021 03:55 PM AEST| By Sonal SinhaSummary Despite advancements in technologies, cyber attacks remain a significant concern for governments, businesses, and people. Malware, phishing, denial of service attacks, password cracking, ransomware are the common forms of cyber attack. ...
Would these five cryptocurrencies surpass Ethereum's popularity?
August 06, 2021 03:34 PM AEST| By SonalSummary There has been growing interest in cryptocurrencies recently. Ethereum has been gaining popularity due to its technical upgrades and potential applications. Solano, Algorand, Cardano etc. have great potential and can give competition t...
Snowden-Taleb Twitter spat gets ugly; has it impacted Bitcoin?
August 06, 2021 03:05 PM AEST| By Team Kalkine MediaPro- and anti-bitcoin supporters used to co-exist on various social media platforms. They had divergent views, they had arguments, but they stuck to the subject – Bitcoin. However, all that changed on Thursday morning, when two famous names en...
Crypto Polygon on the brink of mass adoption
August 06, 2021 02:54 PM AEST| By Daniel Paul JohnsSummary Polygon runs on the popular Ethereum network and is designed to ease some of Ethereum’s functionality issues, which have come due to its rapid success and broad adoption. Launched in 2017, Polygon has a market cap of US$6.76 billi...
Why WHO wants rich nations to defer COVID-19 booster jabs
August 06, 2021 01:59 PM AEST| By Team Kalkine MediaThe outbreak of the COVID-19 pandemic saw no bounds. The virus did not discriminate on the basis of gender, religion, or riches. By the same token, our response to the pandemic too needs to be even-handed if we wish to end it. However, the present ...
Biden revs up EV push, sets goal for 2030
August 06, 2021 12:53 PM AEST| By Furquan MoharkanUS President Joe Biden aims at making half of the country’s auto fleet electric by 2030, in a bid to slash US greenhouse gas emissions. Mr Biden signed an executive order on Thursday setting the move into motion. “I’m signing an e...
Look at these five attractive global penny stocks
August 06, 2021 12:49 PM AEST| By Jasmine AnandSummary Penny stocks are a preferred choice of investment for small-time investors and newcomers to stock markets. Chinese education giant, OneSmart International Education Group, has planned its Annual General Meeting in August end. Sundial G...
What exactly is London Hard Fork and how will it transform Ethereum?
August 06, 2021 12:16 PM AEST| By Furquan MoharkanThe world’s second largest cryptocurrency, Ether, is set to see an upgrade as open-source blockchain Ethereum has undergone a major revamp in the form of ‘London Hard Fork’. The upgrade was done on 5 August 2021 and since then the p...
US stocks rise on jobless claims data
August 06, 2021 07:32 AM AEST| By Sanjeeb BaruahBenchmark US indices closed higher on Thursday, August 5, after the latest labor data showed jobless benefits claims fell sharply last week, and a positive economic outlook drove investors to bet on stocks perceived as riskier than the safe-haven ass...
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Which Countries Are Trying To Create Their Own Digital Currency
August 05, 2021 09:04 PM AEST| By Suhita PoddarThe worldwide crypto market is growing at the fastest pace than ever before, and the Covid-19 pandemic has sparked discussions among countries and central banks on whether they should issue digital currencies of their own. The cryptocurrencies had...
Robinhood fails to win investors on NASDAQ debut
August 05, 2021 04:45 PM AEST| By Team Kalkine MediaSummary The share price of Robinhood Markets Inc on its first day of trading closed at US$34.82, which is 8.36% less than the Company’s initial public offering price of US$38.00. Robinhood Market Inc shares are trading on Nasdaq under the...
What’s happening in APAC markets today?
August 05, 2021 03:00 PM AEST| By Furquan MoharkanThe equity markets across the Asia Pacific (APAC) region were mixed on Thursday, with Japan and Australia basking in the green, China mixed and South Korea in the red. Investors were closely tracking the Hong Kong-listed shares of firms related to t...
How is TRON different from Ethereum? Where to seek TRON in NZ?
August 05, 2021 01:47 PM AEST| By SonalTRON is a decentralised blockchain platform that offers a platform where content creators can access their clients directly from every part of the globe without any assistance from third parties. Launched in 2017 and founded by Justin Sun, TRON&nb...
Tencent CEO Pony Ma has US$14 billion wiped off his fortune; here’s why
August 05, 2021 12:48 PM AEST| By Furquan MoharkanMa Huateng, also known as Pony Ma, is the founder and Chief Executive of Asia tech major Tencent Holdings Ltd. Mr Huateng is among the top six richest Asians – just one rank below Jack Ma of Alibaba Holding Ltd. But he seem to be running out o...
Robinhood shares rally 100% this week
August 05, 2021 11:09 AM AEST| By Furquan MoharkanShares of California-based American financial services company Robinhood Markets Inc (NASDAQ:HOOD) have rallied 100% in the current week, as the stock surged by a whopping 50.41% overnight in Wall Street. During the day, the trading of the company&r...
These 10 European companies are taking business world by storm
August 05, 2021 10:02 AM AEST| By Jasmine AnandSummary Europe being a technically advanced continent, boasts some of the biggest companies across the globe, which are also leaders in their respective market segments. Nestle, a consumer goods company, has a huge variety of products liked by ...
US stocks slip on weak jobs data
August 05, 2021 08:04 AM AEST| By Sanjeeb BaruahThe blue-chip S&P 500 and Dow Jones Industrial Average declined from the previous close, and the tech-heavy NASDAQ Composite closed flat on Wednesday, August 4, after weak jobs data failed to enthuse the investors in a lacklustre session marked b...
