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News
Why to keep an eye on the 6 global stocks in 2021?
August 02, 2021 04:22 PM AEST| By ManikaInvestors today prefer to build their portfolio by diversifying their risks. There are several opportunities for investing in stocks of other countries these days. Gone are the days when it was unthinkable to invest in stocks of foreign companies s.....
APAC markets in green; US ups the ante on Chinese firms’ IPOs
August 02, 2021 02:53 PM AEST| By Furquan MoharkanSummary Japan leads the APAC rally. ASX200 touches a new record level. Afterpay shares surge 19% after the acquisition announcement. The equity markets across the Asia Pacific region seemed to move past the gloom of last week, as they tra.....
A week when central banks meet
August 02, 2021 12:58 PM AEST| By Furquan MoharkanIf the economy and the financial system were a ship, the captain of that ship would be the central bank of that economy. That conveys the importance of central banks across economies. While central banks may not be hogging as much limelight as govern...
Climate pledges to the UN: India, China miss deadline, smaller nations submit ambitious plans
August 01, 2021 07:06 PM AEST| By Kamalika GhoshSummary China and India failed to comply with the UN deadline on submitting fresh pledges for reducing greenhouse emissions. A smaller group of nations submitted more ambitious pledges, which directly mounted considerable pressure on larg.....
What is nanotechnology and where can it be applied?
August 01, 2021 12:54 AM AEST| By Team Kalkine MediaNanotechnology, which grew considerably during the period 1960-1990, is expected to hit US$70 billion in the next five years, according to a recent study by Global Industry Analysts Inc. Nanotechnology is essentially the study of minute particles,.....
Are cryptocurrencies any good? The US Senate doesn’t think so
August 01, 2021 12:48 AM AEST| By Ankit SethiSummary Warren heavily criticized cryptocurrencies Sherrod Brown spoke favorably about the underlying blockchain technology Elizabeth Warren has written a letter to Janet Yellen for regulating cryptos The Senate committee conducted a hear.....
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What is mindful eating and why is it important?
August 01, 2021 12:13 AM AEST| By Team Kalkine MediaSummary Mindful eating is about being aware of what we eat, how we eat and how much we eat. Mindful eating can benefit you in many ways, from weight control to kindling positive feelings in you. Binge eating, stress eating, and eating for crav.....
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Will these 5 popular Chinese stocks survive the regulatory storm?
July 31, 2021 11:33 AM AEST| By Team Kalkine MediaSummary The crackdown on Chinese companies may affect their business negatively in future. Chinese stocks witnessed a massive sell-off this week. Investors are wary of the situation, and the nervousness may settle only with time. Chinese .....
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US stock indices slip into red amid mixed cues
July 31, 2021 07:17 AM AEST| By Sanjeeb BaruahBenchmark US indices slipped into the red on Friday, July 30, dragged down by losses in most sectors and closing the trading week on a subdued note. The S&P 500 fell 0.54% to 4,395.26. The Dow Jones declined 0.42% to 34,935.47. The NASDAQ Compos...
Two pros make ‘for’ and ‘against’ arguments on Robinhood
July 31, 2021 02:26 AM AEST| By InvezzAfter months of speculation, Robinhood Markets Inc finally started trading on the Nasdaq Stock Exchange on Thursday in what turned out to be a disappointing debut. The fintech firm had priced its IPO at $38 a share, and only a day later, the stock is...
Caterpillar revenue up 29%, AbbVie sales jump on Humira, Botox demand
July 31, 2021 02:24 AM AEST| By Team Kalkine MediaSummary Caterpillar Inc. (NYSE: CAT) reported revenue of US$12.9 billion in Q2, 2021. It returned US$0.8 billion in dividends and repurchasing stocks. AbbVie Inc.’s (NYSE: ABBV) revenue for the quarter was US$13.959 billion. Industr.....
Big Tech: How did these five companies worth US$9.25 trillion fare in June quarter?
July 31, 2021 12:20 AM AEST| By Furquan MoharkanThe last week of July has been a momentous one, with the most valued companies in the US disclosing their quarterly earnings report. All the big tech companies announced their quarterly results this week – some did better than expected, others...
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How hard has COVID-19 hit the commercial value of Tokyo Olympics?
July 31, 2021 12:10 AM AEST| By Team Kalkine MediaSummary Tokyo Olympics is being held under a state of emergency with no spectators to prevent it from becoming a super spreader event. The COVID-19 pandemic has badly hit the commercial value of the event and impaired trade flows at domes.....
What does Credit Suisse investigation into Archegos fiasco reveal?
July 31, 2021 12:07 AM AEST| By Furquan MoharkanAn external investigation into the dealings of Credit Suisse with the collapsed US hedge fund manager Archegos Capital has revealed that the Swiss banking major had failed “to effectively manage risk.” The investigation, which was led by...
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What is net neutrality? Here’s what you need to know
July 31, 2021 12:05 AM AEST| By Sonal SinhaSummary In net neutrality, data available on the internet are treated equally by the internet service providers, businesses, and government. In its absence, internet service providers can prevent users from visiting specific websites by s.....
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How have the COVID-19 lockdowns affected employment in Australia?
July 31, 2021 12:00 AM AEST| By Daniel Paul JohnsSummary Until the beginning of July, Australia was doing very well in terms of recovery. According to the Australian Bureau of Statistics (ABS), in June 2021, unemployment decreased to 4.9% from 5.1% in the previous month. The recent lock.....
Chinese tech stocks drag APAC markets back in red
July 30, 2021 03:01 PM AEST| By Furquan MoharkanThe equity markets across the Asia Pacific region were trading in the red on Friday, as shares of the Chinese technology companies in Hong Kong were battered yet again. The Hang Seng Index of Hong Kong was down 1.96%. Most stocks that had rebounded...
Is Cardano better than Ethereum? What is so good about Cardano?
July 30, 2021 12:40 PM AEST| By SonalInvestors rushed to digital currencies amid times of economic instability created by the pandemic, making 2020 a great year for all digital coins. However, in 2021, several top cryptocurrencies set new highs, indicating even more remarkable growth......
Robinhood stock slides over 8% in dismal stock market debut
July 30, 2021 11:43 AM AEST| By Team Kalkine MediaSummary The stock had opened at US$38 apiece, but by the end of the session, it plunged 8.37% to US$34.82 in dismal first day trading. The brokerage firm had offered each stock at US$38 apiece in the IPO on Wednesday. The company was valued at.....
What does the second half of 2021 hold for Ether?
July 30, 2021 11:25 AM AEST| By Daniel Paul JohnsSummary A panel of cryptocurrency experts predicted this week that Ethereum’s price might hit US$4,600 by year-end. This would be nearly double the price as of 29 July 2021, which sits at approximately US$2,319. Coinbase reported Ether ra.....
