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World news
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...
NSW minister says he has Bell’s palsy after ‘droopy eyes’ at COVID-19 presser
August 19, 2021 10:52 AM AEST| By Furquan MoharkanNew South Wales Minister for Digital and for Customer Service Victor Dominello has stated that he suffers from Bell’s palsy – a medical condition that causes a temporary weakness or paralysis of facial muscles. Dominello took to social m...
How Taliban’s Afghan victory could affect the global rare-earth market
August 19, 2021 08:00 AM AEST| By Team Kalkine MediaHighlights Taliban’s seize of power in Afghanistan may lead to disruption in rare-earth supplies. The mineral-rich country may stop the rare-earth supplies to the global market. Supply disruptions could potentially impact sectors like te.....
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Is art a good investment?
August 19, 2021 07:30 AM AEST| By Team Kalkine MediaHighlights Art investment is usually reserved for the very wealthy. However, art funds make investments in this asset more accessible to the average investor. Art funds are investment funds that purchase and manage works of art with the i.....
Taliban back at the helm of Afghanistan: What is in it for China?
August 18, 2021 05:05 PM AEST| By Furquan MoharkanChina, over the last couple of decades, has quickly climbed up the ladder in the power league of the global nations. The world’s second largest economy now competes directly with the US – which claims itself to be world’s “sup...
APAC markets in green; Japan extends COVID-19 state of emergency
August 18, 2021 03:10 PM AEST| By Furquan MoharkanEquity markets across the Asia Pacific (APAC) region were trading with gains on Wednesday as Japan decided to extend the COVID-19 emergency and Reserve Bank of New Zealand decided to keep the rates unchanged. At the time of writing this, all the APA...
How an allergy helped Johnny Boufarhat, 27, make it to billionaires’ club
August 18, 2021 01:32 PM AEST| By Furquan MoharkanJohnny Boufarhat has become one the youngest self-made billionaires in the world -- a news that has taken the internet by storm. Who is Boufarhat? He is a 27-year-old Australia-born British citizen and an entrepreneur. Mr Boufarhat was born on 1 J...
APAC markets fall as regulatory fears resurface in Hong Kong
August 17, 2021 04:05 PM AEST| By Furquan MoharkanEquity markets in the Asia-Pacific (APAC) region were mostly lower on Tuesday, with stocks of Chinese companies in Hong Kong falling again as regulatory fears resurfaced. The sentiments in the APAC region turned negative despite Wall Street closing...
iPhone 13, Apple Watch Series 7, MacBook Pro: What all Apple may launch this fall
August 17, 2021 01:35 PM AEST| By AshishHighlights Apple is expected to launch several devices including iPhone 13, Apple Watch Series 7, new entry-level AirPods, and new MacBook Pro at its fall event. According to reports, Apple may launch iPhone 13 during its first event of the sea.....
Facebook, others to extend 2Africa cable project to four island nations
August 17, 2021 01:09 AM AEST| By Team Kalkine MediaHighlights Indian Ocean Island countries like Seychelles, Comoros, Angola, Canary Islands, and a new link to Nigeria will be part of the colossal cable network project in Africa. Facebook and Google have contributed some 80% of the recent inves.....
COVID-19: NSW records another daily high, Melbourne extends lockdown
August 16, 2021 07:16 PM AEST| By Furquan MoharkanThere seems to be no let-up in pandemic woes for Australia with the state of New South Wales reporting 478 new locally acquired COVID-19 infections on Monday – a record daily high. There were 157,000 tests taken during the reporting period, th...
India’s largest private lender to raise US$1 billion in foreign bonds
August 16, 2021 06:26 PM AEST| By Furquan MoharkanIndia’s largest private lender HDFC Bank will be raising US$1 billion through bond issue in the foreign markets, it informed the country’s exchanges. The bank is planning to raise money through additional tier- 1 (AT1) bonds in the overs...
Chinese data dampens mood in APAC markets
August 16, 2021 04:22 PM AEST| By Furquan MoharkanThe bleak economic data coming in from China has managed to spook investors away from equity markets in the Asia Pacific (APAC) region. The region’s most powerful economy’s industrial production grew 6.4% in the month of July – fal...
COVID-19: Which countries are winning the vaccination race?
August 16, 2021 01:05 PM AEST| By Furquan MoharkanAs COVID-19 continues unabated, wreaking havoc in the economies across the globe, the need for vaccinating population against the virus is increasing with every passing day. The pandemic has infected 207.95 million people till now, of which 4.37 mil...
Taliban take control of Kabul as president flees
August 16, 2021 11:02 AM AEST| By Furquan MoharkanThe Afghanistan government led by President Ashraf Ghani has almost collapsed as Taliban insurgents have taken over the presidential palace in Kabul – a move that would have ramifications across the borders of Afghanistan. The insurgents took...
What is predictive analytics and how is it shaping the healthcare industry?
August 16, 2021 07:00 AM AEST| By Tripti JoshiPredictive analytics is a part of advanced analytics with applications to predict future events that are not known. In healthcare, predictive analytics is used to detect early signs of deteriorating health conditions of a patient in an intensive ca.....
Rainforest, lungs of the world, aren’t soaking enough CO2, NASA finds
August 15, 2021 01:25 PM AEST| By Team Kalkine MediaHighlights Tropical forests absorbed four times more carbon dioxide than temperate and boreal regions, but their capacity has declined, NASA study shows. Information on where and how plants absorb or emit carbon is critical to monitoring how th.....
Which indices have given the fattest 52-week returns to their investors?
August 14, 2021 12:35 AM AEST| By Furquan MoharkanEquity markets across the globe have been continuing their rally unabated for a year now – a year when economy was in doldrums and future looked bleaker than ever. During the past one year, the equity markets have sent every established notion...
South Korea leads losses in APAC markets as Samsung shares plummet
August 13, 2021 02:05 PM AEST| By Furquan MoharkanThe South Korean equity markets on Friday led the losses in the Asia Pacific (APAC) region as shares of multinational conglomerate Samsung and all the related companies plummeted. In the morning trade on the last day of the week, shares of all the c...
APAC markets flat as US dollar weakens
August 12, 2021 03:43 PM AEST| By Furquan MoharkanEquity markets in the Asia Pacific region were trading near the flatline as local Asian currencies strengthened vis à vis a weakened US dollar. The US dollar index, which tracks the greenback against a basket of six of its peers, fell to 92.8...
AI on the Rise: A Look at Top AI Companies and Their Stocks