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World news
Electric Vehicles: 6 Stocks To Watch Out For in 2021 Apart From Tesla
March 03, 2021 02:13 PM AEDT| By Mark O'DonnellSource: Smile Fight,Shutterstock Tesla Inc (NASDAQ:TSLA) is the highest-selling EV brand in the world, and an investor’s favourite. Tesla stock has risen 370% in the past year. On 2 March, Tesla last traded at US$686.44, declining b...
Ant Group Rekindles IPO Hopes
March 03, 2021 01:39 PM AEDT| By Team Kalkine MediaSource: VideoFlow,Shutterstock Summary Ant Group is working towards a short-term liquidity solution for employees. The top management has confirmed its intention of getting the company listed after resolving issues with authorities....
Chinese hackers breach Microsoft email security
March 03, 2021 01:36 PM AEDT| By Team Kalkine MediaSource:Volodymyr,Shutterstock Summary Microsoft confirms of being targeted by supposedly a state-sponsored hackers’ group from China. In an attempt to conduct cyberespionage, hackers exploited the flaws in Microsoft email sof...
US Stocks End Lower On Lingering Worries Over Volatility, Recovery
March 03, 2021 08:47 AM AEDT| By Team Kalkine MediaSource: Sodel Vladyslav,Shutterstock Summary S&P 500 dropped 0.81%, Dow Jones plunged 0.46%, and NASDAQ shed 1.69%. Most industry sectors that were up in the previous session declined on Tuesday. Ten-year US Treasury Bond yields dropped 2...
Citi report: Bitcoin, the ‘North Star’ of cryptocurrencies, at a tipping point
March 02, 2021 01:52 PM AEDT| By Team Kalkine MediaSource: Iaremenko Sergii ,Shutterstock Summary As per a Citi report on bitcoin, the digital cryptocurrency is at a tipping point and can be the currency of choice for international trade. Gradually, bitcoin is entering the mainstream. How...
Housing Unaffordability Rising Faster In Western Countries
March 02, 2021 01:39 PM AEDT| By Mark O'Donnellfastest and is tracking to surpass Vancouver, Sydney, and Hong Kong in the future. Hong Kong’s limited space and high population have helped the country’s housing market retain the title as the most unaffordable for the past decade.....
US Stocks Rise As Bond Yield Stalls, Rate Fear Wanes
March 02, 2021 08:44 AM AEDT| By Team Kalkine Mediali>All sectors accelerate after previous week’s decline, posting modest gains. All major US stock indexes closed higher on Monday as the ascent of treasury bond yields appeared to have slowed down from last week’s surge and fears ove...
Is a third US stimulus check around the corner?
March 02, 2021 08:10 AM AEDT| By AayushSource: ungvar,Shutterstock Summary Democrats are pushing to pass a US$1.9 trillion coronavirus relief bill this week. The terms have called for direct payment of US$1,400 to each individual based on the same income thresholds as the prio...
Former French President Sarkozy Gets 1-Year Prison Term in Graft Case
March 02, 2021 03:09 AM AEDT| By Ipsita SarkarSource: sebra, Shutterstock Summary Nicolas Sarkozy is accused of helping a magistrate in securing a prestigious job while in office. Handing out the prison sentence, Presiding Judge Christine Mée noted that his action was serio...
Why Warren Buffet believes in Berkshire Hathaway and America?
March 01, 2021 07:15 PM AEDT| By TribhuwanSource: Jonathan Weiss, Shutterstock Warren Buffet has penned his 2020 annual shareholder, recalling his bullish stance on America and Berkshire Hathaway. The income-savvy value investor reaffirmed his belief in equities and noted that bond yields w...
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Ardern urges Kiwis to assist in implementing COVID-19 lockdown rules
March 01, 2021 06:38 PM AEDT| By Team Kalkine Mediag to those people who are undermining the country’s coronavirus response. At a press briefing on 1 March, Ardern stated that breaking the rules was intolerable and people who had done the same were already facing the full judgement of the...
How Would GameStop And AMC Entertainment Fare During The Week Ahead?
March 01, 2021 05:25 PM AEDT| By Mark O'DonnellSource: m_sovinskii, Shutterstock Two stocks caught up in the short squeeze frenzy of the past two months had an interesting five days on the NYSE last week. GameStop Corp (NYSE:GME) and AMC Entertainment Holdings Inc (NYSE:AMC) are both heavily sh...
Are Investors Dropping Gold For Bonds?
March 01, 2021 02:17 PM AEDT| By Mark O'Donnelland platinum also fell by similar levels to gold during Friday’s trading session. US Treasury Bond yields are affecting more than just stock markets around the world. Precious metals have also seen a considerable drop in desirability and p...
Will the US Markets Continue Bullish Momentum?
March 01, 2021 01:36 PM AEDT| By Team Kalkine MediaSource: Mike Flippo ,Shutterstock Summary The S&P 500 has broken the major resistance zone on the weekly chart and now prices are getting major support from the Parabolic SAR indicator. On the weekly charts, the S&P 500 is trading...
Australia crowned as the most attractive region for mining investors
March 01, 2021 11:57 AM AEDT| By Team Kalkine MediaSource: FOTOGRIN,Shutterstock Summary Australia featured on the list of the most attractive regions in the world for mining investment. US state Nevada showed a tremendous improvement and bagged the top position in the 2020 Investment Att...
Higher bond yields: What it means for your portfolio?
March 01, 2021 11:17 AM AEDT| By AayushSource: Mike_shots ,Shutterstock Summary The US 10-year treasuries’ yield surpassed 1.6 per cent, highest in one year. Higher bond yield is theoretically bad for equity markets. However, high economic growth can offset the negative...
COVID-19: Auckland Slips Back Under Lockdown 3
February 28, 2021 05:29 PM AEDT| By Manikatrong> Rest of New Zealand is under under lockdown 2 New Zealand’s biggest city Auckland is under a lockdown level-3 for seven days starting from February 28. The Prime Minister, of New Zealand, Jacinda Adern said that t...
Easy-To-Use J&J COVID-19 Vaccine: How Effective Is It?
February 28, 2021 05:24 PM AEDT| By Manikai> It’s efficacy in preventing severity is 82% The big question about Covid-19 today is: Will the new variants outpace the vaccines? Will the scientist match up with new vaccines to match up to the new variants. In...
America’s $1.9 trillion COVID-19 Relief Package Passed in the House, What’s next?
February 28, 2021 05:15 PM AEDT| By Manikang the Bill passed as the previous employment aid programe expires America’s major rescue plan of $1.9 trillion for coronavirus pandemic which was passed in the House on Saturday is now headed to the Senate. The Senate is expected to sta...
Airbnb Raises Recovery Optimism Despite Weak Results
February 28, 2021 01:09 PM AEDT| By Suhita Poddarhe whole of 2020. However, the company has fared better than its rival companies. The coronavirus pandemic continues to weigh on the travel industry across the world amid the growing number of cases and further implementation of restrictions. U...
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