World economy

Zooming Lens on Global Economic Outlook Amidst Fears Over Second Wave of Infection
July 05, 2020 12:00 AM AEST| By Team Kalkine MediaWhile nations such as New Zealand and Australia marked early success in containing the pandemic, the resurgence in infection cases is casting dark eye over prospective travel bubble between the two neighbours, thereby causing massive blow to the em.....

Tesla Shares Soar Past Toyota to Become the Most Valuable Carmaker
July 02, 2020 08:35 PM AEST| By Team Kalkine MediaOn Wednesday, 1 July 2020, Tesla shares hit a high of $1,135.33, taking its market capitalisation to around $210 billion. By the close of session, its shares settled at $1,119.63 with a market capitalisation of $207.55 billion. At a market capitali.....

New Virus Flu strain denting China’s improved PMI and geopolitical win through Hong Kong legislation
July 01, 2020 10:43 PM AEST| By Team Kalkine MediaGeopolitical tensions with neighbouring countries such as India, Hong Kong, Tibet, and Japan, or creating trade constraints with Australia, China has been making headlines since the last few weeks. Blamed for spreading the virus worldwide because o.....

Reopening Economies Amid COVID-19 – Dilemma over Economy Vs Health
June 26, 2020 08:35 PM AEST| By Team Kalkine Media“The world is learning the hard way that health is not a luxury item; it’s the cornerstone of security, stability and prosperity.”- Dr Tedros Adhanom Ghebreyesus, Director General of WHO. There is a growing social and economic di.....

Is The Second Wave Of Infection Nearing: Dilemma Around Banking Space And Economic Recovery?
June 26, 2020 04:49 PM AEST| By Team Kalkine MediaWhile coronavirus outbreak created havoc across the word, the financial and banking sector seems to be worst hit in the pandemic led economic downturn. Besides, charting out path to recovery seems difficult amidst soaring government debt, squeezed .....

Wirecard’s Riches to Rags Story, a fraud to remember!
June 25, 2020 08:30 PM AEST| By Team Kalkine MediaGerman fintech darling, Wirecard AG, recently went from Riches to rags after admitting to a €1.9 billion fraud in its financials. The Company’s share prices went down almost 46% (as on 19 June) post the acceptance of the fraud. Ongoing .....

China Stories: Renewed Tensions with US and Increasing External Debt
June 25, 2020 08:15 PM AEST| By Team Kalkine MediaChina has been facing backlashes worldwide because of its inability to contain the virus and the current geopolitical tensions with its neighbours and trade partners such as Australia. On top of that, resurgence of the virus has really added .....

Apple HEY email app saga: approval received, developers win
June 23, 2020 03:07 PM AEST| By Team Kalkine MediaIn contemporary world, the importance of mobile phones/laptops in our lives is undoubtedly endless. Mobile phones/laptops are undergoing tremendous transformation and are no longer ordinary devices; courtesy of the several incredible characteristic.....

COVID-19 Maybe the New Bone of Contention Amid the US China Trade Feud
June 22, 2020 09:49 PM AEST| By Team Kalkine MediaOver the past six months, as 2019 Novel Coronavirus (COVID-19) turned into a pandemic taking the whole world by a wave of shock and uncertainty, various conspiracy theories have been brewing around its origin such as its prediction in a nov.....

Tension Spike Across Himalayan Borders; Boycott Chinese Products Gains Momentum
June 22, 2020 08:40 PM AEST| By Team Kalkine MediaThe India-China tension is spiked after the deadly clashes that unfolded between the troops of both the nuclear-armed countries on 15 June 2020 in Galwan Valley. The violent clash claimed the lives of 20 Indian soldiers and reportedly 43 Ch.....

All you need to know about Australia- Britain Trade deal
June 22, 2020 12:00 PM AEST| By Team Kalkine MediaAustralia is set to commence free trade talks with the UK later this month as Australia steps up to reduce its reliance on China due to coronavirus induced recession and falling exports of the country to China. Formal negotiations for the trade de.....

Charting Out Australia’s Path to Recovery, Are There Any Bright Spots?
June 20, 2020 01:03 AM AEST| By Team Kalkine MediaWhile analysts are debating nation’s positioning amidst possible recession scenario since almost three decades, country’s March quarter GDP dipped by 0.3% . Although impact of lockdown will be mostly visible in second quarter, G.....

Suspicions of the Second wave of coronavirus rise in China
June 20, 2020 01:00 AM AEST| By Team Kalkine MediaCoronavirus has resulted in panic and anxiety across the world, accompanied with chaos and dwindling economies. Several countries resorted to lockdown to flatten the coronavirus curve, which forced people to stay at their homes, caused some busines.....

Uptick in May retail sales, Retail Players Under Spotlight
June 19, 2020 09:00 PM AEST| By Team Kalkine MediaThe easing of lockdown restrictions seems to reverberate positive hopes in economic reboot, indicating that consumer activity is reviving its normalcy. May 2020 Retail trade figures released by Australian Bureau of Statistics on 19 June reported th.....

Powell Explains Fed’s Business in Corporate Bonds
June 17, 2020 11:48 PM AEST| By Team Kalkine MediaUS Federal Reserve has been taking up some unconventional measures since last three months amid credit-starved economy. Coronavirus induced lockdown and slowdown in economic activities worldwide have made economies come to a standstill. The U.....

Chinese Investment fallout in Australia; Are there any Bright Spots?
June 11, 2020 07:10 PM AEST| By Team Kalkine MediaBrimming stiffness over COVID-19 outbreak has undeniably caused a stress in Australia and China relationship. Australia has been one of China’s top FDI destinations, and there have been signs of increasing conflict between the two nations.&nb.....

Beacon of Hope: Westpac Consumer Confidence Picks Up in June
June 10, 2020 04:28 PM AEST| By Team Kalkine MediaConsumer confidence has found its way back from downward spiral ignited by COVID-19 pandemic, springing back to pre-pandemic levels, reveals latest Westpac Consumer Sentiment index. The recent Westpac-Melbourne Institute Index of Consumer Sentimen.....

China’s road to recovery: Production levels up, but demand remains muted
June 05, 2020 06:50 PM AEST| By Team Kalkine MediaSummary China is one of the first countries to recover from the COVID-19 pandemic and resume its business activities and other functions. May 2020 PMI data indicates three consecutive months of production levels above threshold post record low .....

All I want to know is where I am going to die so that I’ll never go there- Inversion a Power Tool
June 04, 2020 11:20 PM AEST| By Team Kalkine MediaSummary Inversion is a radical but critical skill that nearly all great thinkers use to best of their advantage It allows one to feel around in the dark for the downsides that exist without anyone knowing The “new normal” of COVID-.....

Whats Buzzing on Economic Front; Are there Any Bright Spots?
June 04, 2020 11:10 PM AEST| By Team Kalkine MediaSummary While March Quarter GDP data depicted 0.3% dip, household saving ratio increased to 5.5%, and household final consumption expenditure reduced during Q1. AUD/USD pair continues to stay afloat, hovering near three-months high on the back .....
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