AUS
NZ
UK
CA
USA
FRA
GER
ESP
ITA
NLD
PRT
SWE
GRC
IND
POL
BRA
ZAF
RUS
CHN
UAE
World news
.jpg)
US stocks dip on Fed's rate-hike plan for 2023
June 17, 2021 08:10 AM AEST| By Sanjeeb BaruahBenchmark US indices closed lower on Wednesday, June 16, after the Federal Reserve signalled that it might consider increasing the interest rates in 2023 if the inflationary pressures do not ease. The S&P 500 was down 0.54% to 4,223.70. The Dow...
Crude oil rises 44% YTD, stoking up inflationary pressure
June 16, 2021 05:10 PM AEST| By Furquan MoharkanThe prices of brent crude have surged by 44% in the calendar year 2021, which has been adding to the inflationary pressure across the economy. Brent crude oil prices, as on date, stand at US$74.62 a barrel, compared with US$51.8 a barrel on close of...
Rocket Lab gains NASA contract for the Martian mission 2024
June 16, 2021 03:45 PM AEST| By Jasmine AnandSummary Rocket Lab wins NASA contract to build two small Photon spacecraft for the Mars mission, set to be launched in 2024. The low-cost inter-planetary mission would give better insights into the solar system. Rocket Lab pushes its NASDAQ li.....
Is virtual reality the future of eSports?
June 16, 2021 03:06 PM AEST| By Sonal SinhaSummary The eSports industry grew massively in 2020 as gaming became the main source of entertainment for people restricted to their homes during the pandemic. The global digital PC games market is likely to grow at a double-digit CAGR and cros.....
APAC markets mixed as Japan export data misses estimates
June 16, 2021 01:08 PM AEST| By Furquan MoharkanSummary APAC markets mixed ahead of the US Fed’s policy decision announcement. Japan’s export data for May has missed estimates. China is set to release retail sales numbers. The shares across the Asia Pacific (APAC) region we.....
When will COVID-19 be over?
June 16, 2021 12:50 PM AEST| By Furquan MoharkanIn January 2020, I had a bout of cold. As a precautionary measure I wore a mask to the office. It was before COVID-19 became the monster it is known as now. One of my colleagues joked: “do you have Corona?”. That day, the number of globa...
How are medical chatbots transforming patient care?
June 16, 2021 12:27 PM AEST| By Tripti JoshiChatbots are software developed with machine learning (ML) algorithms for stimulating and engaging in a conversation with a user to provide real-time assistance to patients. Chatbots have applications across multiple industries including retail, ba.....
How one gesture by Ronaldo cost Coca Cola US$4 billion
June 16, 2021 12:16 PM AEST| By Furquan MoharkanCristiano Ronaldo of Real Madrid celebrating a goal during a Spanish League match against RCD Espanyol at the Power8 stadium on Maig 17 2015 in Barcelona Spain. Football star Cristiano Ronaldo’s snub to carbonated drink Coca Cola has taken a t...
Can New Zealand make a complete switch to biofuels?
June 16, 2021 08:51 AM AEST| By Team Kalkine MediaSummary Biofuels discussion activated by the Climate Change Commission Is it time for New Zealand to make the leap? Is it feasible for Biofuels to replace Fossil fuels completely? Biofuels are the ones that are created using biomass and n.....
Wall Street stocks drift on weak retail-sales data
June 16, 2021 07:48 AM AEST| By Sanjeeb BaruahBenchmark US indices edged lower on Tuesday, June 15, in mixed trading after the latest government data showed retail sales fell by 1.3% in May compared to figures in the previous month. The S&P 500 shed 0.20% to 4,246.59. The Dow Jones declined...
APAC markets mixed; ASX 200 rallies to record high
June 15, 2021 03:54 PM AEST| By Furquan MoharkanThe equity markets across the Asia Pacific (APAC) region were a mixed bag on Tuesday, with Australian shares outperforming peers. The Australian benchmark ASX200 was up 1.06% in the day’s trade and trading at its record high levels, as it op.....
Which countries comprise G7? What is its significance?
June 15, 2021 01:59 PM AEST| By Furquan MoharkanThe Group of Seven, popularly known as G7, is a group of seven countries – the US, the UK, Canada, France, Germany, Japan and Italy – the heads of which hold an annual summit to address the issues of mutual concern. As on date, there is a...
Is inflation here to stay? Read what Jamie Dimon of JP Morgan says
June 15, 2021 12:21 PM AEST| By Furquan MoharkanAs nations continue to recover from the COVID-19-induced recession, the highest inflation levels seen across the economies in more than a decade are roiling the markets. In China, which happens to be the world’s second largest economy, factory...
Ransomware on the rise in NZ, Companies feel desperate and pay.
June 15, 2021 08:45 AM AEST| By RomaSummary Ransomware becoming a growing issue across the world. To pay or not to pay, that is the question! How can the number of attacks be brought down? Ransomware seems to be slowly becoming a huge problem in New Zealand with several Com.....
US markets close flat as technology, real estate stocks advance
June 15, 2021 07:52 AM AEST| By Team Kalkine MediaUS stocks closed flat on Monday, June 14, ahead of a crucial meeting of the Federal Reserve in which senior officials are expected to take stock of the current inflationary pressures. The S&P 500 was up 0.18% to 4,255.15. The Dow Jones declined...
.jpg)
UK, US, Germany come forward to tackle climate change: Key details to know
June 15, 2021 01:12 AM AEST| By AbhijeetSummary Repercussions of climate change can be more catastrophic as expected UK, US and Germany have extended support to tackle loss due to climate disasters Nations will be judiciously using the money to fund disaster protection schemes .....
Trans-Tasman neighbours witnesses The Travel boom
June 14, 2021 04:40 PM AEST| By Jasmine AnandSummary The trans-Tasman cousins observe a rise in travellers; numbers reveal border crossings as high as 85,900 Travel between New Zealand and Cook Islands heightened during the first week of June 2021 However, with the eruption of COVID-19 c.....
Are meme stocks talk of the town?
June 14, 2021 01:17 PM AEST| By SonalMeme stocks are equities that have recently experienced a boom in viral activity, which is typically fueled by online social media sites like Reddit and Twitter. Retail investors in social media discussion groups have come together to look for equi.....
Rocket Lab to return subsidy if audit finds eligibility inconsistency
June 14, 2021 11:09 AM AEST| By RomaSummary Rocket Lab states internal audit to determine subsidy discrepancy. States it shall return subsidy if eligibility glitch Pandemic related delay has affected business. In a recent report, Rocket Lab, the space-based organisation has.....
Why Inflation right now could add fuel to income inequality
June 14, 2021 12:23 AM AEST| By Furquan MoharkanAs countries across the globe – from China to the US – have been reporting record inflation numbers, it could be having greater consequences than we can think about. There are four types of inflation that exist: creeping inflation (when...
AI on the Rise: A Look at Top AI Companies and Their Stocks