News
Know what’s latest in the global economic calendar
July 16, 2021 06:26 AM EDT| By Team Kalkine MediaSummary Economies across the globe are actively recovering from the COVID-19 crisis, with major policy changes looming ahead. Improvement in the unemployment figures has cast expectations of inflationary spells in New Zealand and the US. .....
Rritual Superfoods apprises shareholders of its key developments and aggressive targets
July 16, 2021 04:24 AM EDT| By Team Kalkine MediaSummary Rritual Superfoods has delivered a comprehensive progress report highlighting the Company’s developments and increased retail targets for future expansion. The superfoods player revealed it had already surpassed its retail d.....
Are these 10 global technology companies poised to grow in FY21?
July 16, 2021 03:58 AM EDT| By ManikaSummary For technology companies, numbers don’t matter that much. The cutting-edge technology is what makes investors interested about them. There are many cloud-based companies poised to do well in FY21. For technology stocks.....
Fitness firm F45 starts trading on NYSE; raises US$325 million via IPO
July 16, 2021 02:52 AM EDT| By Team Kalkine MediaF45 Training Holdings Inc, a global fitness company, rolled out its initial public offering (IPO) yesterday on the New York Stock Exchange (NYSE) at a market value of US$1.6 billion. The company listed its shares for trading under the ticker symbol.....
Four sustainability trends as green transition heats up
July 16, 2021 01:55 AM EDT| By Anam SiddiquiSummary Sustainability trends are fuelled by all-around global commitments, with companies, consumers and investors becoming increasingly conscious of their actions’ environmental impacts. While the COVID-19 pandemic has surge.....
Will these 10 cryptocurrencies help in your retirement plan?
July 16, 2021 10:30 AM AEST| By SonalSummary Cryptocurrencies are inching closer to being part of the mainstream financial system, including retirement savings. Cryptocurrencies are risky but can be profitable investments if investors pursue some caution and market understanding. .....
S&P, NASDAQ retreat as growth stocks slip
July 15, 2021 02:54 PM PDT| By Sanjeeb BaruahThe blue-chip S&P 500 and tech-heavy NASDAQ Composite closed lower on Thursday, July 15, weighed down by technology, energy, and consumer discretionary stocks after positive labor data. The S&P 500 fell 0.33% to 4,360.03. The Dow Jones was u...
TSX jumps as consumer staples & metal stocks gain, Loonie dips
July 15, 2021 05:25 PM EDT| By Team Kalkine MediaThe broader Canadian index edged higher on Thursday, July 15, driven by the gains in consumer staples, metals and industrials stocks. While the consumer staples sector gained 2.0%, the industrials sector went up 0.51% on the back of rising railway s...
Fabletics IPO: How to buy Kate Hudson's apparel brand stock?
July 15, 2021 10:50 AM EDT| By Raza NaqviKate-Hudson backed Fabletics, an activewear brand is reportedly planning for an initial public offering. The apparel brand is reportedly in talks with big players like Morgan Stanley, Barclays, Bank of America, and Goldman Sachs to raise around US$.....
I3 Energy announces completion of drilling at second Martin Hills well
July 15, 2021 10:28 AM EDT| By Team Kalkine MediaAIM-listed independent oil and gas company I3 Energy PLC (LON: I3E) (TSX: ITE) announced today morning that it had completed its drilling operations at the second well at Marten Hills Clearwater in Alberta, Canada. With this, the company has comple.....
What are crypto cards and what are their benefits?
July 15, 2021 07:18 PM AEST| By Daniel Paul JohnsSummary Crypto credit and debit cards are physical cards that operate in much the same manner as a regular credit or debit card. The only difference being crypto cards use cryptocurrency to pay for goods and services. Later this year, Bitcoin w.....
APAC countries churn out a mixed bag of macro numbers
July 15, 2021 01:45 AM EDT| By Furquan MoharkanSummary China reports a massive dip in its GDP growth. Australia’s unemployment rate falls below 5%. It marks Eight consecutive month of job market improvement is Australia The countries in the Asia Pacific (APAC) region came up wit.....
Do you know these five important things about Bitcoin ETFs?
July 15, 2021 03:22 PM AEST| By AayushSummary A Bitcoin ETF is an ETF that mimics the price movement of Bitcoin. Investing in a Bitcoin ETF provides leverage to the price of Bitcoin without having to learn about how a Bitcoin works. Through these ETFs, an investor is able to get e.....
APAC markets open mixed in wake of Powell’s dovish comments
July 15, 2021 12:10 AM EDT| By Furquan MoharkanWith macros in focus, the equity markets across the Asia Pacific (APAC) region were a mixed bag on Thursday morning. The APAC markets followed the trend set by Wall Street overnight. The S&P 500 advanced by 12 basis points to 4,374.30, while the...
US stocks edge higher on Powell's dovish testimony
July 14, 2021 02:43 PM PDT| By Sanjeeb BaruahBenchmark US indices closed higher on Wednesday, July 14, after Fed chief Jerome Powell reiterated at a Congressional hearing that inflation is transitory and the economic recovery is on the right path. The S&P 500 was up 0.12% to 4,374.30. The...
TSX suffers 3-digit loss amid falling energy stocks, Loonie gains
July 14, 2021 05:30 PM EDT| By Team Kalkine MediaThe main Canadian stock index posted a triple-digit loss on Wednesday, July 14, as declining oil prices weakened energy stocks. The energy sector declined by 2.62%, while the healthcare sector fell by 5.09% and the industrials sector dropped by 0.13...
Canada’s economic recovery in slow gear for 2021, interest rate unchanged
July 14, 2021 11:30 AM EDT| By Raza NaqviSummary The Bank of Canada (BoC) has said that the gross domestic product growth will be around six per cent this year. Despite speculations, key interest rates will not be increased by the Bank of Canada. Lockdowns and strict public health me.....
Assassination of Haiti’s President Jovenel Moïse: What we know so far
July 14, 2021 09:15 AM EDT| By Ankit SethiSummary President Moïse was killed on July 7 and his wife was injured in the attack Christian Emmanuel Sanon, a pastor, has been arrested as the alleged conspirator Sanon has denied any wrongdoing Who was President Jovenel Moïse? T...
Flow Water IPO: How to buy FLOW stock?
July 14, 2021 06:16 AM EDT| By Raza NaqviSummary Flow Beverage Corp. is going public on the Toronto Stock Exchange and will trade under the ticker symbol 'FLOW'. Started in 2015, Flow Water sells premium water and claims to have 17.5 million customers in North America. Flow Bev.....
Which are the world’s top 10 stock exchanges based on market cap?
July 14, 2021 05:30 AM EDT| By Furquan MoharkanGlobal stock markets seem to have been on steroids since April 2020. After touching a multi-year low in March 2020, thanks to COVID-19 woes, equity markets across geographies bounced back – and in a very sharp manner. The surge in stocks has h...