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World news
How have the top 20 banks in the world fared in last one year?
July 11, 2021 01:55 AM AEST| By Furquan MoharkanGlobal banking is at a crossroads – a kind of situation where a prudent investor would think twice before investing in banks owing to the stress in the asset quality down the line. On the other hand, banking stocks promise a great future owing...
Who is Zeng Yuqun? Meet the man who dethroned Jack Ma as China’s richest
July 11, 2021 12:57 AM AEST| By Furquan MoharkanFor a significant period of time, e-tailing behemoth Alibaba Group Holding Ltd’s founder Jack Ma managed to hold on to the crown of Asia’s richest person. However, after the advent of Reliance Jio – the telecom business of Indian bi...
What does payroll jobs, retail sales & dwelling indicators mean for Australian economy?
July 11, 2021 12:51 AM AEST| By Team Kalkine MediaSummary The number of payroll jobs increased by 0.3% nationally over the first half of June till 19-June 2021. In May, the number of housing allowed fell 7.1% y-o-y. The retail turnover increased by 0.4% m-o-m in May, quicker than expected. .....
When stress is good for you
July 11, 2021 12:13 AM AEST| By Team Kalkine MediaIs stress all bad? Perhaps not! We feel negative when we hear the word, but studies show that some stress now and then could be good for your health. We feel stressed when challenges are bigger than the resources we have in hand to cope with. Exper...
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What is the COVID-19 lambda variant, and how fast is it spreading?
July 10, 2021 12:44 AM AEST| By Tripti JoshiSummary The lambda variant of the novel coronavirus originated in Peru, South America, and has spread to 30 countries so far. On 14 June 2021, the WHO had declared the lambda strain as a variant of interest. However, the research is still going.....
Third shot of COVID-19 vaccine: Pfizer to seek US authorization
July 09, 2021 06:15 PM AEST| By Tripti JoshiSummary Researchers are investigating the third dose of the COVID-19 vaccine to provide better protection against the emerging variants of the coronavirus. Pfizer disclosed that the Company would seek US authorization for a third dose of its CO.....
Why APAC indices are in choppy waters today
July 09, 2021 03:50 PM AEST| By Furquan MoharkanThe benchmark indices of equities across the Asia Pacific (APAC) region slumped on Friday following an overnight sell-off on Wall Street. But in the APAC region, COVID-19 seems to be resurfacing, leading to a panic sell-off across the region. Morgan...
Know the 10 biggest retail companies around the world in 2021
July 09, 2021 03:41 PM AEST| By ManikaThe year 2020 was the best and the worst year for the retail sector. It was the best year as shoppers who were working from home had a new set of needs, especially the need for online shopping. Retailers had to reinvent themselves to develop online.....
No spectators at Tokyo Olympics as COVID-19 is rearing its ugly head again
July 09, 2021 02:42 PM AEST| By Furquan MoharkanLast year, when the Tokyo Organising Committee (TOCOG) and the International Olympic Committee (IOC), despite their initial resentment, postponed the Tokyo Summer Olympics 2020 to a rescheduled date “beyond 2020 but not later than summer 2021&r...
Where do major auto companies get their lithium from?
July 09, 2021 02:39 PM AEST| By Team Kalkine MediaThe demand for lithium is heating up, sparking concerns about tight supplies of the metal. Lithium is the main component of chargeable batteries, which are crucial for the electric vehicle (EV) revolution. The prices of lithium carbonate recently .....
QUAD needs to think economics. Here is why
July 09, 2021 01:29 PM AEST| By Furquan MoharkanAs the world is trying to battle its way out of the COVID-19 pandemic, the skepticism towards China has multiplied manifold in the past one and half year. Whether this skepticism is diplomatically right or wrong, is a question of debate. Many have a...
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Which were the hottest global tech IPOs in 2021?
July 08, 2021 07:03 PM AEST| By SonalCompanies are compelled to employ technology to rethink virtually every aspect of their business as a result of the COVID-19 outbreak. The adoption of digital technologies has sped up with changes in the ways businesses operate. Subsequently, funding...
Which are the hottest names in the crypto space this year?
July 08, 2021 04:33 PM AEST| By Furquan MoharkanCryptocurrencies have been selling like hot cakes this year. It has been one of the most talked-about asset classes, of late. From Tesla Inc (NASDAQ:TSLA) CEO Elon Musk-backed rally of the meme cryptocurrency – Dogecoin, to the controversy surr...
RBA puts interest rates at a record low at 0.10%, retains April 2021 bond buy
July 08, 2021 02:36 PM AEST| By Team Kalkine MediaSummary RBA continues with its 0.10% interest rates. The yield target and the bond purchase programme are the two key measures to keep interest rates low for the next few years. The board of Governors will not raise the cash rate unless inflat.....
What’s fuelling the global microchip shortage and what are its ramifications?
July 08, 2021 01:20 PM AEST| By Team Kalkine MediaSummary Microchips are used in almost all electronic devices, automobiles, and portable products. The demand for microchips has surged to record high levels. Chip shortage is one of the main reasons for the delay in the deliveries of vehicles .....
Resignations galore as India’s Modi rejigs Cabinet
July 08, 2021 11:26 AM AEST| By Furquan MoharkanAs many as 13 ministers of the current Indian government resigned on Wednesday, as the country’s Prime Minister Narendra Modi went for a reshuffle of his cabinet – a move which many see as a bid to set the house in order with an eye on up...
Who is the new CEO of Amazon after Bezos?
July 07, 2021 08:08 PM AEST| By Kamalika GhoshSummary Andy Jassy, who has spent 24 years at Amazon, will be Jeff Bezos successor. Before stepping into Bezos’ shoes, Jassy was the CEO of Amazon Web Services. US multinational technology and e-commerce giant Amazon recently got a n.....
Wise to go public via direct listing: All you need to know about the process
July 07, 2021 07:03 PM AEST| By Furquan MoharkanOn 2 July 2021, the UK-based fintech company Wise PLC approved the plan to get listed on 7 July 2021. The company’s prospectus said, “Application has been made to the FCA for all of the Class A Shares to be admitted to the standard listi...
From online bookseller to world’s richest man: Amazon’s Jeff Bezos hangs up his boots
July 07, 2021 02:45 PM AEST| By Furquan MoharkanIn 2014, Amazon founder Jeff Bezos visited the South Indian city of Bengaluru – popularly known as Silicon Valley of India – owing its reputation for acumen towards tech innovations. It was the time when India’s domestic e-tailer Fl...
Why did DiDi stock nosedive more than 20% today?
July 07, 2021 04:53 AM AEST| By Team Kalkine MediaDiDi Global Inc. (DIDI) stock fell more than 20% on Tuesday, July 6, after the Chinese regulators ordered the company to remove its app from the app store. The development comes just days after the ride-hailing company made a mega IPO debut on the NY...
AI on the Rise: A Look at Top AI Companies and Their Stocks