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World news
Lower Ending Stocks & Tight Supplies Push Corn Prices Higher
April 16, 2021 05:08 PM AEST| By Team Kalkine MediaSource: Africa Studio, Shutterstock Summary Corn prices are continuously trading in the northward direction for the past 9 months. Prices broke the downward sloping trendline in January 2021 and since then the upside momentum strong. Global C...
COVID-19 Weekly Roundup: Latest developments around the world
April 16, 2021 05:00 PM AEST| By Team Kalkine MediaSource: Moonhonor, Shutterstock Summary The EU Commission has opted not to renew contracts for the COVID-19 vaccine from Oxford-AstraZeneca and Johnson & Johnson. Researchers at the University of Oxford introduced a Com-Cov study to evalua...
Citibank kicks off Australian retail bank sale, confirms CEO
April 16, 2021 02:59 PM AEST| By Furquan MoharkanA signboard of Citibank seen outside a building in Manhattan, New York. © Noodles73 | Megapixl.com US banking behemoth Citigroup Inc (NYSE:C) has commenced the sale of its consumer banking business in Australia, a top official from the bank con...
Goldman Sachs Consolidating Around Trend Line Support
April 16, 2021 01:36 PM AEST| By Team Kalkine MediaSource: soul_studio, Shutterstock Summary Goldman Sachs Group Inc. (NYSE: GS) has been on an upward trajectory since October 2020. The price has broken crucial resistance level and hit an all-time high. Stock prices are trading above an upwar...
Dow smashes a milestone by shooting past 34K-mark
April 16, 2021 10:39 AM AEST| By Furquan MoharkanThe 30-share large cap index of the US market – Dow Jones Industrial Average (Dow30) – surged past the 34,000-mark for the first time on Thursday, as global equities continue to rally. Although the benchmark opened almost flat at...
Alfa Financial Software Holdings PLC at year high, what to expect from here?
April 15, 2021 07:32 PM AEST| By Team Kalkine MediaSource: Song_about_summer, Shutterstock Summary Alfa Financial Software Holdings PLC’s (LON: ALFA) prices are consolidating around a 52-week high for the past six months. Before entering the consolidation phase, the prices of ALFA witnes...
Crypto Kings: Extraordinary Tale of Coinbase Founders Brian Armstrong, Fred Ehrsam
April 15, 2021 07:18 PM AEST| By Team Kalkine MediaSource: DSkorynko, Shutterstock Summary Although Coinbase made a smashing debuted on NASDAQ, opening 4% higher than the reference price, the Company had humble beginnings. Co-founders Fred Ehrsam and Brian Armstrong met on Reddit and built the...
Failing On Targets, GameStop CEO Forfeits US$98 Million In Shares
April 15, 2021 01:26 PM AEST| By Furquan MoharkanGamestop store in Kahala Mall Shopping Center, Honolulu, Hawai. © Brodogg1313 | Megapixl.com The CEO of gaming company GameStop Corp (NYSE:GME), Sherman George E Jr has forfeited 587,000 restricted shares after failing to meet his performance t...
Coinbase Valuation Tops US$100 Billion on IPO Debut
April 15, 2021 12:25 PM AEST| By Furquan MoharkanBitcoin BTC on stack of cryptocurrencies with Coinbase logo in background. © Thakingdude | Megapixl.com The valuation of cryptocurrency exchange Coinbase Global Inc (NASDAQ:COIN) topped over US$100 billion on the day of its trading debut. The m...
Bernie Madoff: The Brain Behind US$65 Billion Ponzi Scheme
April 15, 2021 11:44 AM AEST| By Furquan MoharkanRepresentative Image. © Richelle538 | Megapixl.com American investor Bernie Madoff, the mastermind behind one of the biggest financial frauds in world history, has passed away at the age of 82. Madoff breathed his last at the Federal Medical C...
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...
