World news

How have cryptocurrencies turned around since Musk’s U-turn?
July 28, 2021 05:41 PM AEST| By Furquan MoharkanAfter the world’s largest cryptocurrency – Bitcoin – crashed below the US$30,000 mark, analysts started giving their verdict on its future direction. There were two schools of thought at that point in time: one argued that Bitcoin...

Explaining Project Pegasus: What you need to know about snooping right under your nose
July 28, 2021 02:06 PM AEST| By Furquan MoharkanLast week, when the Project Pegasus news story was broken by a consortium of media houses across the world, many were left flabbergasted. The shock wasn’t because of the way the espionage was conducted. In the intelligence gathering circles, a...

Multiple Hong Kong indices dip in bear zone
July 28, 2021 11:24 AM AEST| By Furquan MoharkanMultiple indices on the Hong Kong Stock Exchange (HKEX) have crashed deep into the bear zone as China continues its purge on tech companies – most of which are listed on the HKEX. Two indices in particular – Hang Seng Tech Index and Hang...

Lending before COVID-19 was sub-par: This is what write-offs across APAC convey
July 27, 2021 06:57 PM AEST| By Furquan MoharkanRight from the start of the pandemic, rating agencies and experts had warned that bad loans will see a surge – a fact that holds true when incomes get truncated in the face of a once-in-a-century pandemic. However, along with the expected surg...

APAC markets a mixed bag; HK tech sell-off continues
July 27, 2021 02:25 PM AEST| By Furquan MoharkanThe equity markets in Asia Pacific region traded mixed on Tuesday, as tech shares in Hong Kong continued to be under pressure from investors. On Tuesday morning, shares of Chinese tech giant Tencent – which faced regulatory action by the Chi.....

Earnings on tap for Big Tech: What to expect
July 27, 2021 01:18 PM AEST| By Furquan MoharkanOn Tuesday, after the market close, three of the top four most-valued companies in the US – Alphabet, Microsoft, and Apple – would announce their quarterly results. The collective valuation of these three companies is over US$4 trillion....

Tesla races past a milestone, hits US$1 billion in revenues for first time
July 27, 2021 10:33 AM AEST| By Furquan MoharkanAmerican electric vehicle maker Tesla Inc (NASDAQ:TSLA) has breached the US$1 billion mark in the quarterly earning for the first time in its history. The company overnight reported a net profit of US$1.14 billion for the quarter ending 30 June 2021...

How have APAC currencies stacked up against the US dollar this year?
July 26, 2021 04:53 PM AEST| By Furquan MoharkanThe foreign exchange rate of any country is a key determinant of the economic health of that country. As most currencies are globally pegged against the US Dollar, hence the currency of a particular country starts depreciating in times of economic tu...

What is happening in APAC markets?
July 26, 2021 01:47 PM AEST| By Furquan MoharkanLast week was a volatile one for the Asia Pacific (APAC) equity markets. On one hand, the equities across the region tried to follow the cues of Wall Street, while, on the other hand, domestic woes weighed heavy. The primary woes, that impacted the...

What’s impeding global vaccination drive? Debunking myths about COVID-19 vaccines
July 26, 2021 01:15 PM AEST| By Team Kalkine MediaSummary Vaccination has been a game-changing tool in the battle against the COVID-19 pandemic. Over 3.6 billion people have been successfully vaccinated across the globe. Rising concerns about vaccine safety have triggered countless challenges.....

Why is China tightening the noose for tech companies?
July 26, 2021 12:24 PM AEST| By Furquan MoharkanThe crackdown by the Chinese government on its tech companies has been making headlines for about 10 months now. In the latest bout of crackdown, the Chinese anti-trust regulator – State Administration for Market Regulation (SAMR) – impo...

Chinese government cracks down on Tencent
July 25, 2021 05:04 PM AEST| By Furquan MoharkanThe Chinese communist government has cracked down on multinational technology conglomerate holding company – Tencent Holding Ltd – in a stated goal of restoring fair competition in the market. The State Administration for Market Regulati...

COVID-19 has a new epicentre; and that is worrying
July 25, 2021 03:09 PM AEST| By Furquan MoharkanAs COVID-19 pandemic seems unrelenting, it has found new epicentre: a yet another country in the Asia Pacific (APAC) region – Indonesia. In the past one month, the archipelago on the top of Australia has reported 1.07 million fresh COVID-19 ca...

Why safe, sustainable travel is more than a choice
July 25, 2021 01:10 PM AEST| By Team Kalkine MediaFor some people, travelling is an excellent opportunity to earn valuable life lessons from visiting new places or experiencing the culture. For some, it is an occasion to get out of their comfort zone and become self-dependent. Yet, for other...

How are M&As shaping the Australian oil and gas industry?
July 25, 2021 12:12 AM AEST| By Team Kalkine MediaSummary Oil prices were on the move with the onset of the COVID-19 pandemic, affecting the business of many Australian companies. With disruptions in the demand market, With M&As to shrink focus on core and profitable operations or expand c.....

How is Tesla shaping battery material investment in Australia
July 25, 2021 12:09 AM AEST| By Team Kalkine MediaTesla (NASDAQ: TSLA) yet again garnered the attention of the investors who trade in the Australian mining sectors. Recently, BHP Group Limited (ASX:BHP) announced that the mining company has sealed a nickel supply deal with the US electric car comp.....

How is Australia gearing up for climate change?
July 25, 2021 12:03 AM AEST| By Team Kalkine MediaAustralia is one of the largest greenhouse gas emitters in the world. Prime Minister of Australia Scott Morrison stated that the country’s “climate policy settings are to meet and beat the emission reduction targets.” However, a r.....

What is bond market telling us about inflation?
July 24, 2021 12:53 AM AEST| By Furquan MoharkanA month back, fears over growing inflation gripped the financial system across the globe. The global economy seemed overheated. The global central banks were caught in a dilemma: economies had just crawled out of recession and needed some support; i...

What is a virtual private network? How does it work?
July 24, 2021 12:41 AM AEST| By Sonal SinhaSummary A virtual private network (VPN) is an encrypted connection over the internet from a device to the network. A VPN helps to determine the way data would be routed via a connection. A virtual private network operates on the network .....

What is vertical farming?
July 24, 2021 12:16 AM AEST| By Sonal SinhaSummary Vertical farming is a farming technique in which plants and crops are grown indoors in vertically stacked layers and under an artificially controlled environment. Hydroponics, aquaponics, and aeroponics are three techniques of vertical .....
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