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World news
Microsoft shares hit record high after Office 365 price hike
August 24, 2021 06:24 PM AEST| By Team Kalkine MediaHighlights Microsoft shares scaled new heights on Monday after it announced a price hike for Office 365 subscriptions for its business clients. MSFT shares rose 0.1% to close at a record high of US$304.65, while market capitalisation surged to .....
US evacuates 11,000 people from Afghanistan in 30 hours
August 24, 2021 04:42 PM AEST| By Furquan MoharkanIn what could be one of the most crucial state-sponsored evacuation programmes in the history, US has evacuated 11,000 people from Afghanistan in the last 30 hours. Since 14 August 2021, a day before the country’s capital fell to Taliban, the...
APAC markets buoyed on Pfizer COVID-19 vaccine’s FDA milestone
August 24, 2021 03:34 PM AEST| By Furquan MoharkanEquity markets in the Asia Pacific (APAC) region on Tuesday picked up from where they left on Monday, as the rally in the indices continued on the back of the US Food and Drug Administration’s (FDA) full approval of Pfizer and BioNTech’s...
Pfizer-BioNTech’s COMIRNATY® becomes the first US FDA-approved COVID-19 vaccine
August 24, 2021 01:03 PM AEST| By Tripti JoshiIn what could be considered a significant milestone in the fight against the deadly COVID-19 pandemic, the US Food and Drug Administration (FDA) has given the green light to Pfizer-BioNTech’s COVID-19 vaccine. On 23 August, Pfizer (NYSE:PFE).....
Is Australian EV market on the path to boom?
August 24, 2021 06:15 AM AEST| By Team Kalkine MediaThe year 2020 saw global sales of electric vehicles surge by 41% to almost 3 million, according to IEA (International Energy Agency). This decline was contrasting to the 6% overall decline in vehicle sales. According to the Global EV Outlook 2021 r.....
APAC markets start the week on a high, major indices surge 2%
August 23, 2021 06:21 PM AEST| By Furquan MoharkanEquity markets in the Asia Pacific (APAC) region were rallying on Monday morning after the Hong Kong markets bounced back from last week’s bearish trend. By Monday afternoon, the benchmark Hang Seng Index of Hong Kong was trading 1.78% higher,...
How have emerging markets fared in 2021?
August 23, 2021 12:49 PM AEST| By Furquan MoharkanGlobal equity markets have been garnering everyone’s attention. After tanking into bear zone in March 2020, the markets recovered soon and have been witnessing an unprecedented rally for the past 1.5 years now despite the economy being in tatte...
Convalescent plasma therapy for COVID-19: are there any benefits?
August 23, 2021 12:06 PM AEST| By Tripti JoshiHighlights The National Institutes of Health (NIH) recently announced the final results from a study assessing convalescent plasma (CP) therapy in COVID-19 outpatients with early symptoms. The results demonstrated no significant benefit of the .....
Anti-lockdown protests turn violent in Australia; scores arrested
August 22, 2021 11:05 PM AEST| By Team Kalkine MediaHighlights Over 4,000 people took to the streets in Melbourne and Sydney to protest the extension of the covid lockdown. Police arrested some 200 protestors in Melbourne as they attacked the police personnel trying to stop them. Nine cops were .....
How to shield kids from delta variant as they return to school?
August 22, 2021 12:24 AM AEST| By Ankit SethiHighlights From the US to Australia, countries are gripped by the new delta variant. An increased number of people are testing positive for the variant, and hospitalizations are up. The biggest concern is the rise of cases among children and t.....
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Five stocks that never left Buffet’s basket despite pandemic headwinds
August 22, 2021 12:17 AM AEST| By Team Kalkine MediaHelter-skelter is the one word describing everything globally since a tiny virus crossed Chinese borders and wreaked havoc. The financial markets were no exception. Yet, it was interesting that other than the hope of overcoming the challenge, what .....
Tesla (TSLA) eyes humanoid robots to beat labor shortage
August 21, 2021 04:38 AM AEST| By Sanjeeb BaruahTesla Inc (Nasdaq: TSLA) will launch a humanoid robot designed to do tedious and dangerous work, CEO Elon Musk said at the company's AI Day on August 19. Tesla Bot has a height of five feet eight inches and weighs 125 pounds. It can do repetitive .....
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What is big data, and what are its applications in the healthcare sector?
August 21, 2021 12:34 AM AEST| By Tripti JoshiHighlights The term big data in healthcare describes the enormous volumes of information generated by digital technologies adoption in the healthcare industry. Big data uses particular statistics in healthcare to explore new developments,.....
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Next wave of eCommerce: D2C and live selling
August 21, 2021 12:12 AM AEST| By Sonal SinhaHighlights COVID-19 has brought numerous changes in the way people live, work and purchase products. The pandemic gave a massive boost to a new wave of eCommerce - D2C and live selling. D2C eCommerce refers to the strategy through which .....
China’s rate decision dampens APAC markets
August 20, 2021 02:03 PM AEST| By Furquan MoharkanA stock market ticker shows financial gains and losses. Equity markets across the Asia-Pacific (APAC) region mostly traded in the red on Friday as China left its benchmark lending rate unchanged. The shares in Mainland China fell as the Shang...
Liquid Heist: Hackers siphon off about US$97M from Japanese crypto exchange
August 20, 2021 12:14 PM AEST| By Furquan MoharkanBitcoin, Ethereum and Ripple coins - largest cryptocurrencies by market capitalisation. Japanese cryptocurrency exchange Liquid has revealed that it has faced a cyber-attack, in which hackers have siphoned off US$97 million worth of digital co...
Google rolls out new Pixel 5a smartphone with 5G: Details here
August 19, 2021 03:20 PM AEST| By AayushGoogle has finally unveiled its much-anticipated Pixel 5a 5G, the newest member in the Pixel lineup. The Pixel 5a 5G carries the same design language as that of Pixel 4a 5G, with quite a few specifications that have remained unchanged. The most not.....
COVID-19 lockdowns cast a pall on upbeat jobs data on ASX
August 19, 2021 03:19 PM AEST| By Furquan MoharkanThe upbeat back-dated data of decrease in unemployment to a 12-year low seems to have been outweighed by the gloomy COVID-19 pandemic situation in the country – especially in the financial hub of Sydney. According to the Australian Bureau of S...
Australia’s health care system: Where does it stand compared to other wealthy nations?
August 19, 2021 01:43 PM AEST| By Tripti JoshiHighlights The US-based Commonwealth Fund regularly conduct surveys comparing the performance of the health care system in 11 wealthy nations. In its recent survey published in August 2021, Australia occupied the third position, a rank lower th.....
Over 100M US households didn’t pay federal income tax in 2020, says think tank
August 19, 2021 12:18 PM AEST| By Furquan MoharkanThe COVID-19 pandemic has jacked up the number of nontaxpayers in the US. In 2020, 61% of American taxpayers did not pay federal income tax in the US, reveals a new study. According to the Tax Policy Center estimates, last year nearly 107 million ho...
AI on the Rise: A Look at Top AI Companies and Their Stocks