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...
- September 22, 2021 10:05 PM AEST
- Chitranjan Kumar
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...
- September 22, 2021 09:32 PM AEST
- Priyanka Payal
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...
- September 22, 2021 09:09 PM AEST
- Team Kalkine Media
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 ...
- September 22, 2021 08:52 PM AEST
- Akanksha Vashisht
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...
- September 22, 2021 08:26 PM AEST
- Priyanka Payal
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...
- September 22, 2021 08:12 PM AEST
- Nitish Kumar
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
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...
- September 22, 2021 07:46 PM AEST
- Arpit Verma
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...
- September 22, 2021 07:43 PM AEST
- Furquan Moharkan
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...
- September 22, 2021 07:30 PM AEST
- Mohammad Zaid