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World news
Ethereum developer Griffith enters plea-bargain to evade long jail term
September 28, 2021 04:45 AM AEST| By Team Kalkine MediaHighlights Griffith faces a 20-year prison term for violating the Emergency Economy Powers Act. His sentence could be reduced to a maximum of six-and-a-half years under the plea-bargain. Griffith’s sentencing is expected to take place in .....
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Why is Axion crypto grabbing limelight today?
September 27, 2021 06:43 PM AEST| By SamtaHighlights AXN is trading 144.94% higher in the last 24 hours with a trading volume of US$1.48 million. Bitcoin fell by 0.345% on Saturday, following a 4.54% drop on Friday, ending the day at $42,714.0. Buyer can purchase AXN at a discounted r.....
Should pharmaceutical companies waive IP rights on COVID vaccines
September 27, 2021 06:10 PM AEST| By Tripti JoshiHighlights Waiving intellectual property (IP) rights would allow additional manufacturers to bypass the IP barriers and manufacture the COVID-19 vaccine. The patent protection waiver can provide some immediate relief in terms of the produ.....
Wise to invest in Aussie New Payments Platform
September 27, 2021 05:10 PM AEST| By SamtaHighlights London-based global online money transfer company– Wise Plc. Joins Australia’s payments network. The company’s entrance in the Australian payments network market will provide faster payment services across the coun.....
China pumping billions into system to soften Evergrande blow
September 27, 2021 05:04 PM AEST| By Furquan MoharkanThe Chinese central bank – People’s Bank of China – has been pumping lot of cash into the system, as property developer China Evergrande’s default looms large on the world’s second largest economy. According to data c.....
Wing suspending home delivery drones: What investors need to know
September 27, 2021 03:16 PM AEST| By SamtaHighlights Home delivery drones in Australia had to be suspended after being repeatedly attacked by birds. Drones are operated by Wing – a program run in collaboration with Google for delivering small products. Wing to assess the birds&.....
Australia’s average wealth hits new highs: What does this mean?
September 27, 2021 02:36 PM AEST| By SamtaWith recovering share market, along with rising Bitcoin and soaring housing prices, Australia’s average wealth hit new highs. The average wealth of Australia has hit half a million mark, as the wealth of the Australians has been rising contin.....
Asia Pacific markets try to navigate out of Evergrande blues
September 27, 2021 02:05 PM AEST| By Furquan MoharkanHighlights Australia is today’s best performer in the region with 0.94% gain. Shares of Evergrande’s EV arm tanked in Hong Kong. APAC markets are in the green. The equity markets in the Asia Pacific region started the week on .....
Evergrande crisis: China’s debt trap comes home to roost
September 27, 2021 02:04 PM AEST| By Furquan MoharkanIn 2017, when Indian academic Brahma Chellaney coined the term debt-trap diplomacy – a situation where a powerful lending country seeks to saddle a nation with debt so as to increase its leverage over the borrowing nation – it did not hav...
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UK mulls ban on China’s investment in the nuclear energy sector
September 26, 2021 07:13 PM AEST| By Sreenivas D AjankarThe UK government plans to bring guidelines for the nuclear power stations that would ban the Chinese firms’ investments in the UK nuclear energy sector. The government’s plan to restrict investment from China is because of security con.....
German general election 2021: Who could replace chancellor Merkel?
September 26, 2021 06:29 PM AEST| By Sreenivas D AjankarHighlights Germany is voting today to elect a new chancellor. Eligible voters will cast their votes to elect members for 598 seats across 299 districts. The new government’s biggest challenge will be bringing Germany back on a growt.....
Record house prices driving Australian household wealth
September 26, 2021 12:30 AM AEST| By SamtaHighlights Australian household wealth increased by US$735 billion in June 2021. Property prices in Australia increased by 6.7% -- recording the strongest quarterly growth. With record low interest rates, demand is increasing beyond the gene.....
5 great value propositions for investors ahead of Holiday season
September 25, 2021 12:00 AM AEST| By Sonal SinhaHighlights Compared to 2020, experts believe the sales would increase this festive season starting November 2021. E-commerce, digital payment, gaming business, consumer discretionary are some sectors that might see a growth in their revenue. .....
How homecare is gaining importance amid rising old age demographics
September 24, 2021 08:53 PM AEST| By Tripti JoshiHighlights Homecare for elderly people is the best solution for them to continue living their lives with their loved ones in the comfort of their own homes. Many studies demonstrate that homecare also allows the elderly to recover faster. .....
7 Roadblocks every EV customer is facing
September 24, 2021 07:12 PM AEST| By Mohammad ZaidHighlights Electric car sales touched 2.1 million worldwide, surpassing the numbers in 2018. EV adoption is gaining pace across the globe, but there are numerous roadblocks to the adoption of EVs by customers. Overcoming these challenges.....
Why China Evergrande Group shares sank 12% today
September 24, 2021 06:30 PM AEST| By Chitranjan KumarHighlights China Evergrande Group shares nosedived over 12% on Friday. The stock has tumbled 46% in past one month and 83% since the beginning of this year. The real estate giant’s debt deadline for US$83.5 million interest payment elaps.....
How soaring inflation might sway interest rates
September 24, 2021 06:19 PM AEST| By Furquan MoharkanHighlights The BoE and Fed have indicated rate hikes and taper early next year. The RBA has already truncated its bond buying programme. Inflation is pushing central banks to adopt hawkish policy. Inflation is running hot and it may drive.....
Seven solutions to smash EV adoption barriers
September 24, 2021 04:02 PM AEST| By AshishHighlights Electric vehicles (EVs) have gained popularity of late, across the world. However, there are several limitations that make the prospective buyers hesitant. The lack of overall charging infrastructure is one of the major limiting fac.....
Debt, mortgage and collateral: Decoding the jargons
September 24, 2021 02:55 PM AEST| By Furquan MoharkanThe Evergrande fiasco has brought back the focus on debt, a term that motivates as well as scares people. The Chinese property developer, hit by a severe liquidity crunch, sits on a pile of debt worth US$305 billion – 2.1% of the country&rsquo...
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Why is Blizzard Network in limelight today?
September 23, 2021 08:18 PM AEST| By SamtaHighlights Global industries are continuously looking out to adapt with cryptocurrency as the prices of digital currencies continue to surge across the globe. Reimagined yield farming surged in the cryptocurrency market with Blizzard net.....
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