Australian Equity Market Closed in Green
On 8 December 2021, the equity market of Australia settled in green, mainly backed by a rise in technology sector. On the same day, ASX Midcap50 rose by 1.96% and ASX 100 was up by 1.23%. ASX All Ordinaries rose by 1.34% to 7,707.20. Data Source: ...
- December 08, 2021 10:34 PM AEDT
- Team Kalkine Media
Is Australia planning to release its own digital currency?
Highlights Australian Treasurer, Josh Frydenberg, will talk about potential reforms that will be made to the Australian economy, pertaining to cryptocurrency The Treasurer will talk about the ambiguity that regulation and taxation of the crypto...
- December 08, 2021 09:42 PM AEDT
- Daniel Paul Johns
Fortescue, AGL join forces to build green hydrogen hub in Hunter valley
Highlights AGL Energy has finalised a deal with Fortescue Future Industries (FFI) to convert its Hunter Valley coal-fired power stations into a major renewable hydrogen and industrial hub. Andrew Forrest had inked various deals as part of...
- December 08, 2021 09:05 PM AEDT
- Arpit Verma
AGL Energy signs MOU with Fortescue Futures for energy hub
Highlights Australian energy company AGL Energy Limited (ASX:AGL) announced to take another step to explore green hydrogen facility. AGL has signed an MOU with Fortescue Futures. Both the companies will conduct a feasibility study for over nex...
- December 08, 2021 08:34 PM AEDT
Three future-ready ASX tech stocks investors are watching
When it comes to future-proof businesses, one sector that immediately comes to the mind is the information technology sector. Technology has been powering almost every sector – be it algorithms for trading in financial markets, upgraded machi...
- December 08, 2021 08:31 PM AEDT
Burgundy (ASX: BDM) enters the ultra-luxury jewellery sector
Highlights Burgundy Diamonds Mines Limited announces signing an alliance agreement with Parsi design Jeweller. Burgundy has signed a collaborative sales agreement with Baumer Vendome which is the leading ultra-luxury brand in the world. Burgun...
- December 08, 2021 08:26 PM AEDT
- Sonal Goyal
Orange Minerals surges 10% on ASX debut; did you miss the rally?
Highlights Orange Minerals NL rallies as much as 10% on its IPO debut on the ASX. The mineral explorer ended the first day of trade 2.5% above the listing price. The company raised AU$7 million at an offer price of AU$0.20 per share in i...
- December 08, 2021 08:18 PM AEDT
- Chitranjan Kumar
IDEX crypto jumps 60% post Coinbase listing
Crypto market seems to be enjoying a rebound, the ‘Coinbase effect’ after several cryptocurrencies listed on the American crypto exchange. COVAL, IDEX, MCO2, POLS, FOX, SPELL, and SUPER, listed on Coinbase on Monday and began trading si...
- December 08, 2021 08:16 PM AEDT
- Sukriti Nair
Commonwealth Bank’s former subsidiary pleads guilty to 18 criminal charges
Highlights Australian Securities & Investments Commission (ASIC) brings criminal charges against Avanteos Investment Limited for charging deceased superannuation customers. Legal advice was sent to company in 2016. The Australian Secur...
- December 08, 2021 08:15 PM AEDT
- Sonal Goyal
Telix (ASX:TLX) signs deal with NUCLIBER to launch Illuccix in Spain
Highlights Telix has signed a distribution agreement with Madrid based nuclear medicine company -Nucliber for Illuccix product. NUCLIBER is a supplier of radioisotopes. NUCLIBER will be the local representative and will be responsible for the ...
- December 08, 2021 07:03 PM AEDT