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World news
Mercedes-Benz’s New EQA Model To Hit The Road In June 2021
April 15, 2021 11:41 AM AEST| By Team Kalkine MediaSource:Revel Pix LLC, Shutterstock The German carmaker is known for its luxury and high-end cars and vehicles. It makes use of the latest and the most innovative technology while manufacturing its newest models and cars. From intricate designing to...
Bernie Madoff, Man Behind Largest Ponzi Scheme, Dies In Prison
April 15, 2021 01:38 AM AEST| By Shreya BiswasSource: Dmitriy Yermishin, Shutterstock The US Federal Bureau of Prisons has reportedly confirmed that convicted Ponzi schemer Bernard ‘Bernie’ Madoff died in federal prison on Wednesday, April 14, while serving his 150-year term. The 8...
Will CVS Health Corp. Sustain on Higher Levels After A Sharp Rally?
April 14, 2021 07:55 PM AEST| By Team Kalkine MediaSource: ranjith ravindran, Shutterstock Summary CVS Health Corp. made a new lifetime high and delivered a return of ~39.50 percent in the past six months. CVS Stock prices are trading in a rectangle channel formation on the daily chart. The s...
Sugar Prices Ripe to Jump out of Bear Grip?
April 14, 2021 06:37 PM AEST| By Team Kalkine Mediaping trendline at US$398.80 that might provide upside potential for the commodity. The ICE white sugar number 5 prices have witnessed sharp downside movement by 7.71% to US$ 420 per ton in March 2021 compared to US$ 455.1 per ton in February 202...
Airlines Might Check New EU COVID-19 Pass Before Onboarding Travelers
April 14, 2021 05:52 PM AEST| By Team Kalkine MediaSource: diy13, Shutterstock Summary European Union (EU) plans to roll out a digital travel certificate to start foreign travel for all EU citizens. The certificate would be valid till WHO confirms the end of the COVID-19 pandemic. The objecti...
FMA Instructs KiwiSavers Managers to Mend Their Ways
April 14, 2021 01:37 PM AEST| By Team Kalkine MediaSource: CrizzyStudio, Shutterstock KiwiSaver is a voluntary savings scheme in New Zealand, encouraging people to save for retirement. One can contribute either 3%, 4%, or so on, from their salary to his KiwiSaver account. Also, the employer’s...
Singapore Is Out Of Recession: Economy Grows 0.2% In Q1
April 14, 2021 01:29 PM AEST| By Furquan MoharkanSingapore’s Marina Bay Sands super mall is the largest and most luxurious shopping mall in Asia. Image Source: Ypa249834814 | Megapixl.com Singapore, the Southeast Asian country, has finally emerged out of the recession, as its economy grew ma...
2degrees ropes in Ericsson to build its 5G network in New Zealand
April 14, 2021 12:44 PM AEST| By Team Kalkine MediaSource: ShutterOK, Shutterstock Summary 2degrees is collaborating with Ericsson to provide Kiwis advanced 5G network. First cell sites would be built in Auckland and Wellington this year. The partnership would also allow 2degrees to double it...
White House in firefighting mode after pause on J&J jabs
April 14, 2021 11:08 AM AEST| By Furquan MoharkanSource: RajCreatives, Shutterstock Summary 6 bloodclots reported among the US citizens after J&J vaccine CDC, FDA analysing the data in clots Australia has also been guarded about usage of AstraZeneca vaccine The White Hou...
Opinion: Banks may be reluctant lenders this year
April 13, 2021 02:38 PM AEST| By Furquan MoharkanRepresentative Image: A still-life with a home loan mortgage application, home loan calculator on smartphone and keys. © Cammeraydave | Megapixl.com Banks across the world are more likely to be reluctant lenders in this calendar year, whic...
New Zealand passes climate change law for financial companies
April 13, 2021 02:30 PM AEST| By Team Kalkine MediaSource: CrizzyStudio, Shutterstock Summary NZ has become the first country to introduce a law that would need financial firms to explain the impact of climate change on their business. About 200 firms and many foreign firms that fulfil $1 bill...
Uber clocks record bookings in March on vaccination boost
April 13, 2021 02:10 PM AEST| By Team Kalkine MediaSource: Viacheslav Lopatin, Shutterstock Summary Uber’s gross bookings touched record high in March as consumer demand revives. Mobility business’ annualised gross bookings crossed a $30 billion run rate, up 9% on a month-over-mont...
WHO says COVID surge is ‘exponential’ right now
April 13, 2021 11:12 AM AEST| By Team Kalkine MediaA picture of a closed shop, due to the surge of novel Coronavirus COVID-19 pandemic, © Chfonk | Megapixl.com The World Health Organisation (WHO) has said that COVID surge has been “exponential” across the globe, as epicentre of...
New Upside Rally for PVH Corporation on the Cards?
April 12, 2021 09:06 PM AEST| By Team Kalkine MediaSource: Daniel Fung, Shutterstock Summary PVH Corp. (NYSE: PVH) prices almost quadruple in the 8 months (from March 2020 to January 2021) and made a new 52-week high. On the daily time frame chart, PVH Corp. prices are forming ascending triang...
Evolution Gaming Seals Deal to Acquire Big Time Gaming for EUR450M
April 12, 2021 06:56 PM AEST| By Furquan MoharkanSource: Emanuele Ravecca, Shutterstock Sweden-headquartered Evolution Gaming Group AB (NASDAQ:EVO) is set to acquire Big Time Gaming Pty Ltd in a deal worth EUR450 million to expand its strategic footprint. The deal will be executed through payment...
Investors lose US$83 billion in one hour in India
April 12, 2021 03:24 PM AEST| By Furquan MoharkanSource: Indypendenz, Shutterstock The investors in Indian equities lost a whopping INR 6.24 trillion (US$73 billion) in the first hour of trade, on back of raging pandemic in the world’s second most populous country. Copyright © 2021 K...
Selling in APAC shares on US earnings test
April 12, 2021 01:56 PM AEST| By Furquan MoharkanSource: katjen, Shutterstock The shares across the Asia-Pacific (APAC) region are treading in red on Monday morning, as investors are trying to gauge whether the US earnings number justifies the sky-high valuations. Source: Kalkine Research. Time...
What Is The Way Forward For Climate Change Initiatives?
April 12, 2021 01:07 PM AEST| By RomaSource: Sepp photography, Shutterstock Summary Climate change at industrial level will be more impactful. Strategic Government efforts shall result in change. First steps towards change with coal-based boiler ban. Climate change has been...
EVs are environment friendly, but too unfriendly on Kiwis’ pockets
April 12, 2021 12:06 PM AEST| By Team Kalkine MediaSource: THINK A, Shutterstock Summary The cost of EVs is a problem for most car shoppers in NZ. Kiwis might go for used EVs but there certain things for them to look at before they make any purchase. Government has been looking at some scheme...
Saudi Aramco Raises $12.4 Bn By One of The World’s Largest Energy Infra Deals
April 11, 2021 05:00 PM AEST| By AbhijeetSource: 63ru78, Shutterstock Summary Saudi Aramco will be selling a minority stake in a newly formed Pipeline Rights Unit. The deal involves 25-year lease-and-lease-back agreement and the company will be getting an upfront payment of around $1...
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