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China’s Evergrande fiasco: Could it spill over to Australia?
World News

China’s Evergrande fiasco: Could it spill over to Australia?

The future of China’s largest property group Evergrande hangs in the balance as the real estate giant faces its worst liquidity crisis. The crisis has shaken the Chinese as well as global markets, reminding about the dramatic collapse of &ldq...

Widgie Nickel (ASX:WIN) trades for the first time on ASX
Metal & Mining Stocks

Widgie Nickel (ASX:WIN) trades for the first time on ASX

Highlights  Widgie Nickel started trading on the Australian Securities Exchange (ASX) following a well-supported entitlement offer. Today, the Company also reported the assay results from drilling carried out at Widgie’s Munda deposi...

Buying in Energy and Basic Materials Sectors Helped Australian Market
Market Updates

Buying in Energy and Basic Materials Sectors Helped Australian Market

On 22nd September 2021, the Australian market was mainly supported by the buying witnessed in the energy as well as basic materials sectors. Notably, ASX 20 rose by 0.29% and ASX 300 increased by 0.33%. Also, ASX 200 rose by 0.32%. Data Source: AS...

Bright Token sets sail in the digital asset arena
Cryptocurrency

Bright Token sets sail in the digital asset arena

Highlights  NFT tokens have been on the rise, with many new entrants coming into the digital asset sphere. $BRIGHT token has been introduced with the intent of rewarding users on the BrightDAO network. With an initial minted supply of 25 ...

Pentanet (ASX: 5GG) launches Beta Play for Cloud Gaming
Technology Stocks

Pentanet (ASX: 5GG) launches Beta Play for Cloud Gaming

Highlights Pentanet announced the formal commencement of the Beta Play phase of the GeForce NOW Powered by Pentanet cloud gaming service in Australia. The Beta Play stage will run for about a month and collect further data on performance, syste...

First Au (ASX:FAU) begins geological review at Dogwood, highlights significant copper porphyry potential
Sponsored

First Au (ASX:FAU) begins geological review at Dogwood, highlights significant copper porphyry potential

Highlights  First Au commenced the geological review of copper-gold prospect at the Dogwood prospect. The Dogwood prospect is located in Victoria and has been suggested highly prospective by the United States Geological Survey. First Au w...

ASX rises 0.3%, Asian equities rebound, Bitcoin struggle continues
Stock Market

ASX rises 0.3%, Asian equities rebound, Bitcoin struggle continues

The reopening of the domestic economy is set to be a crucial factor for the Australian sharemarket in 2022. But will it necessarily mark a return to normal? Time will tell. Australian shares have rallied considerably on news that Evergrande has r...

  • September 22, 2021 07:55 PM AEST
  • Sukriti
Here’s how Evergrande’s financial crisis is affecting ASX miners
Stock Market

Here’s how Evergrande’s financial crisis is affecting ASX miners

Highlights ASX-listed iron ore players are under pressure due to a significant slump in iron ore prices and the current Evergrande financial crisis. Evergrande had sold most of its properties at heavily discounted rates to keep its business afl...

NSW construction industry to return to full capacity, while 11wVictoria closes down
World News

NSW construction industry to return to full capacity, while 11wVictoria closes down

Highlights  NSW decides to open construction sites to full capacity. However, the one worker-per four sq metre rule will continue to apply. The state reported 1,035 cases on Tuesday. The construction industry in Australia’s eco...

Empire Resources (ASX:ERL) shares rise on the back of excellent Yuinmery drilling results
Sponsored

Empire Resources (ASX:ERL) shares rise on the back of excellent Yuinmery drilling results

Highlights  Empire Resources has received highly encouraging RC drilling results from the Yuinmery project. The strong results support ERL’s hypothesis that mineralisation at Yuinmery shall continue at depth. ERL remains suitably fu...

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