Gold rises as Havens rally in response to growing Evergrande fears!
Fears of a spillover from the debt woes of Asian property developer China Evergrande Group fueled demand for safe havens assets, eclipsing concerns that the Federal Reserve’s stimulus program would be reduced soon. Investor concerns about China’s real estate sector and the Fed’s tapering increased, sending US stocks down more than 2%. “Gold is actually […]
China’s cooling measures have slowed the growth of new home prices and property investment!
China has taken various initiatives to cool its real estate market, with new home prices rising at their slowest pace in eight months in August. After the government reduced property curbs this year to cover banks’ lending to the sector in order to limit purchases, new home prices increased at the slowest monthly rate since […]
Three ways to enhance student assessments
a holistic national student assessment system can be a colossal undertaking
S.Korean antitrust agency fines Google $177 mln for abusing market dominance
SEOUL, Sept 14 (Reuters) – South Korea’s antitrust regulator on Tuesday fined Alphabet Inc’s (GOOGL.O) Google 207 billion won ($176.64 million), saying the U.S. technology giant abused its dominant market position to restrict competition in the mobile operating system (OS) market. The Korea Fair Trade Commission (KFTC) investigated Google for allegedly preventing local smartphone makers […]
Due to the country’s resource boom, Indonesia’s exports and imports are expected to remain strong in August!
The world was put on hold for a long time as a result of the pandemic. All of those works are now being resumed one at a time around the world. According to a Reuters poll released on Tuesday, Indonesia’s exports and imports increased in August, fueled by high prices for the country’s main commodities […]
Calix, an Australian firm, has received funding for its carbon capture technology!
Calix Ltd, based in Australia, announced on Wednesday that it has found a buyer for a stake in its carbon capture technology unit, valuing the company at A$350 million ($256 million). Calix’s stock rose 20% to a historic high only after the company announced that Carbon Direct, a New York-based investor, had invested 15 million […]
Following the COVID-19 vaccine exchange with Britain, Australia’s Prime Minister has called for a faster reopening!
Prime Minister Scott Morrison announced on Friday that Australia had already managed to secure 4 million doses of Pfizer COVID-19 vaccines in some kind of a swap agreement with the United Kingdom, as he tries to persuade states and territories to stick to a national COVID-19 reopening plan. According to Morrison, the additional doses are […]
The European Coca-Cola bottler appears to be facing a liquidity crisis!
Coca- Cola’s European distributor has been experiencing a liquidity crisis. Coca-Cola Europacific Partners’ second-quarter sales increased 54 % year over year to 3.6 billion euros, exceeding analysts’ expectations of 3.3 billion euros, according to sources. Lockdowns are already being eased, and out-of-home consumption is increasing, resulting in a $26 billion boost for the company. The […]
The biennial Internationale-Automobil-Ausstellung-The International Motor Show-begins this week!
The biennial Internationale-Automobil-Ausstellung, or International Motor Show, in Germany, begins this week. It is a well-attended event in which the entire country honors the country’s enduring automotive industry and invites the world’s most prestigious brands to participate. According to reports, this year’s event will be held in Munich, Bavaria, and will be a once-in-a-lifetime opportunity […]
To combat food shortages, Sri Lanka targets hoarders and bad traders!
Covid 19 has put the entire world in a difficult situation. People are fighting to survive not only the infection but also in a variety of ways. As a result of the lockdown, people are facing joblessness, food scarcity, and a lack of essential products. Services for export and import have also been halted for […]
