World news

What’s brewing in the cryptocurrency world? Here are some of the hottest developments
June 28, 2021 01:53 PM AEST| By Furquan MoharkanCryptocurrencies, unlike the traditional money and equity markets, operate round the clock, throughout the year. So, unlike stock, currency, money, or oil markets, there are no weekends when it comes to crypto. As a result, the buzz around cryptocur...

Why do governments go for lockdowns to battle COVID-19?
June 28, 2021 12:58 PM AEST| By Furquan MoharkanThe menace around the COVID-19 pandemic seems to be picking up the momentum, yet again. The monster virus has already churned out its new variant that is making up almost half of the growing daily cases in the UK. On a lighter note, COVID-19 seems t...

Pfizer, Moderna COVID-19 vaccines under the lens as FDA adds heart inflammation warning
June 27, 2021 02:29 PM AEST| By Mohammad ZaidSummary The US FDA has added a warning for Pfizer and Moderna COVID-19 vaccines to suggest an unusual risk of heart inflammation. Experts believe that the benefits of receiving vaccines outweigh the risks associated with them. WHO scientists h.....

Carbon-tracking startups sprout as climate action takes centerstage
June 27, 2021 08:16 AM AEST| By Team Kalkine MediaAs climate change issues gain traction globally, many carbon-tracking startups are popping up across the world. And guess what? Their clients are ready to pay hefty amounts to get accurate forest data that can help determine carbon presence or seques...

How covid is changing our fitness habits
June 27, 2021 08:13 AM AEST| By Team Kalkine MediaCovid has been an eye-opener for most people. It showed how a virus can wreak havoc in society, destroy lives and economies, but most importantly, it underscored the importance of health in life. Shaken and heartbroken by the daily deluge of disturb...

John McAfee found dead in jail: A peek into the software titan’s life
June 27, 2021 12:17 AM AEST| By Furquan MoharkanJohn McAfee, the security software pioneer who seemed to live his life on the edge while mired in a gamut of legal woes, was found dead in his jail cell near Barcelona on Wednesday. Mr. McAfee reportedly died by suicide hours after a Spanish court a...

Why NATO sees climate change as a major threat?
June 26, 2021 08:08 PM AEST| By Team Kalkine MediaClimate change has wreaked havoc across the world with heatwaves, droughts, floods, and icy weather conditions, killing millions of lives in these catastrophic events. While the EU already has an overarching framework to address the issue, its milita...

Asia’s richest man moves to internationalise his company
June 25, 2021 04:23 PM AEST| By Furquan MoharkanAsia’s richest man – billionaire Mukesh Ambani – has announced the appointment of Yasir Al-Rumayyan, Chairman of Saudi Aramco and Governor of Public Investment Fund (PIF), to the board of Reliance Industries Limited (RIL). "His joi...

APAC markets, except NZ, bask in a sea of green on US cues
June 25, 2021 03:02 PM AEST| By Furquan MoharkanAll the equity markets in the Asia Pacific (APAC) region, save New Zealand, were trading in green on Friday, following in the footsteps of its peers in the US. In Japan, the benchmark Nikkei 225 was up 81 basis points at the time of filing this copy...

Why are policymakers averse to cryptocurrency?
June 25, 2021 02:59 PM AEST| By Furquan MoharkanRarely do we find a situation when policymakers are averse to allow any new asset class in their domain. Policymakers usually treat an asset class as a new investment option. However, when it comes to cryptocurrency, policymakers seem to be singing...

COVID-19: What is Delta plus? Is it more dangerous than other strains?
June 25, 2021 01:08 PM AEST| By Furquan MoharkanThe Delta plus variant of COVID-19 has been fast spreading across the globe. This has raised alarm bells among the policy makers – with some of them scared, while others adopting a wait and watch strategy. The three countries, which have seen...

Why did NZ cease its travel bubble with NSW?
June 25, 2021 10:11 AM AEST| By Jasmine AnandSummary New Zealand has recently opened its borders for the two-way quarantine free travel between Australia and Cook Islands However, the trans-Tasman bubble between New South Wales and the Kiwi nation has been paused owing to the emergence of.....

Are NZ companies thinking of investing in solar energy?
June 25, 2021 09:45 AM AEST| By RomaSummary Solar energy is being looked at as a fulltime energy supplier. Increasing prices cause companies to look for alternatives. The reliability factor of solar energy is a major concern A recent study shed light on the fact that the in.....

APAC markets end flat on mixed sentiments
June 24, 2021 06:33 PM AEST| By Furquan MoharkanThe equity markets in the Asia Pacific (APAC) region closed mostly flat on a day when the sentiments across the geography seemed mixed. In Mainland China, shares closed mixed as the Shanghai Composite Index ended the trading day largely around the f...

Is Grayscale Bitcoin trust an ETF?
June 24, 2021 03:10 PM AEST| By Furquan MoharkanThe world’s largest cryptocurrency, Bitcoin, has been one of the world’s most talked-about assets in 2021. Bitcoin prices, displaying a volatility worse than that of penny stocks, have had wild swings in last five months of this year. Sh...

Does investment maestro Warren Buffet trade in penny stocks?
June 24, 2021 01:08 PM AEST| By Furquan MoharkanWarren Buffett, undoubtedly, has been the world’s most successful serial investor. With a net worth of over US$100 billion, Mr Buffett at one point in time, was the world’s richest man. He and Bill Gates of Microsoft Corporation used to s...

NZ Super Fund recovers remarkably from the lows of pandemic
June 24, 2021 12:23 PM AEST| By SonalOn 23 June, the NZ Super Fund declared that it had made a remarkable comeback after being hit hard by the COVID-19 crisis in 2020. The Fund witnessed its value plummet by $13.4 billion in a matter of weeks last year. Matt Whineray, CEO of Guardian...

How did Tui oil field fiasco pave the way for a law change in New Zealand?
June 24, 2021 11:13 AM AEST| By Jasmine AnandSummary The cost of Tui’s cleanup, which was set initially at NZ$155 million, escalated to NZ$349 million, the bill of which was footed by the taxpayers. The New Zealand Government plans to introduce legislation enabling permit holders to.....

What is wrong with Tesla? Is Elon Musk doing something to fix the problem?
June 23, 2021 02:15 PM AEST| By AshishAfter jumping nearly 20% from nearly US$40 to US$883 in the last two years, Tesla stock fell about 33% of its 2021 highs. The stock has given a negative return of 14.5% so far this year. While the latest dip offers an exciting entry opportunity to .....

Government based digital apps being appreciated by Aussies and Kiwis
June 23, 2021 09:12 AM AEST| By RomaA recent survey is of the indication that users believe that government-sourced digital services are as good as private sourced ones. The survey recently conducted by Infosys, said that over 80% of the people are happy with the quality of services .....
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