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Week ahead: Will ECB cap the rising bond yields?
Economy

Week ahead: Will ECB cap the rising bond yields?

Source: Freedomz, Shutterstock Summary The decision about rising sovereign bond yields is on the cards as the European Commercial Bank (ECB) meets on Thursday. Experts said if left unchecked, it may reverse the process of economic recovery. T...

ASX 200 Ended in Green; Academic & Educational Services Sector Was The Top Gainer
Market Updates

ASX 200 Ended in Green; Academic & Educational Services Sector Was The Top Gainer

Copyright © 2021 Kalkine Media Pty Ltd. On 08th March 2021, the equity market of Australia settled in green as ASX 200 surged by 0.43% to 6739.60. On the same day, academic & educational services sector rose by 3.18% and basic materials sec...

Brent crosses US$70/barrel-mark on Ras Tanura missile attacks
Commodities

Brent crosses US$70/barrel-mark on Ras Tanura missile attacks

Source: Anan Kaewkhammul, Shutterstock Summary Brent crude oil prices soared over US$70 per barrel after an oil farm in Saudi Arabia was attacked by a missile on Sunday. Iran-backed Houthis carried out the attacks as a retaliatory move against...

Musgrave Minerals (ASX:MGV) maps out new gold corridor at Cue
Sponsored

Musgrave Minerals (ASX:MGV) maps out new gold corridor at Cue

Source: Maksim Safaniuk, Shutterstock Summary Musgrave Minerals has reported a new gold corridor following the high-grade results at three new prospects including Target 5, 14 and 20. The new mineralised corridor stretching for potentially 7 k...

Ora Banda’s (ASX:OBM) Continuing Streak For Impressive Mining Results
Sponsored

Ora Banda’s (ASX:OBM) Continuing Streak For Impressive Mining Results

Source: Junjira Limcharoen, Shutterstock Summary Ora Banda Mining Limited has received encouraging assay results from the infill drilling program continuing at the Riverina South to date, including 10.0m @ 10.8 g/t from 80m (Including 6.0m @...

IOUpay (ASX:IOU) bolsters its leadership team to expand BNPL offering
Sponsored

IOUpay (ASX:IOU) bolsters its leadership team to expand BNPL offering

Source: wutzkohphoto, Shutterstock Summary IOUpay Limited is an emerging fintech and digital payments company that is pursuing BNPL opportunities in the SEA market. IOU has appointed two highly experienced senior executives to support its plan...

Why are Australian bank stocks rising?
Stock Market

Why are Australian bank stocks rising?

Australia houses some of the largest dividend players in the world. These Australian companies, which are counted among the world’s largest dividend payers, include the country’s largest banks and mining companies.  Australian banks...

Rocket Lab Refuels To Compete With SpaceX
World News

Rocket Lab Refuels To Compete With SpaceX

Source: Oleg_Yakovlev, Shutterstock Summary Rocket Lab is set to list on the Nasdaq in the second quarter of 2021. Rocket Lab will use the listing to gain funds to build bigger rockets. The US-NZ Company is targeting SpaceX’s marketspac...

Coinbase’s CEO can make billions more after the company goes public
Cryptocurrency

Coinbase’s CEO can make billions more after the company goes public

Source: Momentum Fotograh, Shutterstock Summary Coinbase recently announced its plans to engage in a direct listing instead of IPO. The crypto exchange could hit a US$100-billion valuation. Brian Armstrong could make billions more if Coinbase...

Breaking the glass ceiling: Moneghetti Minerals celebrates its all-women Board
Stock Market

Breaking the glass ceiling: Moneghetti Minerals celebrates its all-women Board

tional value to shareholders. The company is aiming for an IPO in mid-2021. Corporates across the globe are aiming for gender diversity. Consequently, recent times have seen a significant increase in female leadership. For an industry which is...

Citigold Corporation Limited (ASX:CTO) in sweet spot to leverage the gold market
Sponsored

Citigold Corporation Limited (ASX:CTO) in sweet spot to leverage the gold market

li>The macroeconomic conditions are expected to remain favourable for gold in 2021. Well, it is not a secret how gold hedged against the volatile equity markets during the coronavirus pandemic. The investors switched to gold, the safe haven, due...

Medical Developments exudes confidence heading into H2 despite a tough H1
Stock Market

Medical Developments exudes confidence heading into H2 despite a tough H1

Source: REDPIXEL.PL, Shutterstock Summary Medical Developments International highlighted that despite a challenging H1, the Company anticipates a much stronger H2 FY2021. Future performance to be driven by easing restrictions, ongoing developm...

K2F adds another significant NYSE listed client - Coeur Mining
Sponsored

K2F adds another significant NYSE listed client - Coeur Mining

© Rawpixelimages | Megapixl.com Summary K2fly’s RCubed continues to build on its momentum. Coeur Mining Inc, NYSE listed precious metals mining company, has signed a 5-year SaaS deal for K2fly's RCubed solution. The ARR is AUD 115,...

How is Australia’s growing BNPL sector faring?
Economy

How is Australia’s growing BNPL sector faring?

of BNPL customers in financial turmoil held more than one account with BNPL companies. The BNPL sector has seen unmatched levels of growth over the previous months. Consequently, this has further mandated the need for the sector to undergo regu...

Here’s why Citi is upbeat on Costa Group (ASX:CGC)
Stock Market

Here’s why Citi is upbeat on Costa Group (ASX:CGC)

Source: whiteMocca ,Shutterstock Summary According to Citi, the company has paid approximately A$35 million to A$40 million for the entire deal of KW Orchards citrus farm. Citi estimates the acquired business could increase the company's ...

  • March 08, 2021 04:38 PM AEDT
  • Aayush
Why did ASX200 give up all the opening bell gains?
Stock Market

Why did ASX200 give up all the opening bell gains?

Source: soul_studio, Shutterstock After closing marginally lower on Friday, Australian markets jumped at the open today. However, the benchmark index lost gains in the afternoon session.  ASX 200 closed 0.43% or 28.8 points higher on Monday af...

Is gender pay gap a reason for women to not own properties?
Economy

Is gender pay gap a reason for women to not own properties?

Source: 4 PM production,Shutterstock Summary According to the research conducted by CoreLogic, women are way behind when it comes to owning a property on their own . The CoreLogic’s women and property report reflects that women's income,...

How electrified is the new Mercedes-Benz C-Class model?
Life & Luxury

How electrified is the new Mercedes-Benz C-Class model?

Source: Ewa Studio ,Shutterstock Summary New Benz is powered exclusively by electrified four-cylinder engines. A little extra price tag for a small luxury car with mega strength. About thirty years ago, when usually companies could n...

Top five ASX gainers of the day
Stock Market

Top five ASX gainers of the day

Source: ,Shutterstock Summary The ASX200 was trading higher on Monday after the passage of the US$1.9 trillion stimulus bill by the US Senate on Sunday. Silver Lake Resources and Treasury Wine were some of the stocks which were the top gainers...

  • March 08, 2021 03:49 PM AEDT
  • Ashish
Why are Memphasys (ASX:MEM) shares down over 30% today?
Stock Market

Why are Memphasys (ASX:MEM) shares down over 30% today?

Source: S_L ,Shutterstock Summary Memphasys Limited revealed that the validation process of its Felix Device had been delayed. The Company identified a flaw in the device, which is likely to reduce the Felix system’s effectiveness. ...

Merck/Ridgeback’s COVID-19 oral drug shows promising Phase 2 data
World News

Merck/Ridgeback’s COVID-19 oral drug shows promising Phase 2 data

Source:zstock,Shutterstock American pharmaceutical behemoth Merck (NYSE:MRK) and Ridgeback Biotherapeutics LP disclosed preliminary findings from Phase 2a double-blind, placebo-controlled, randomised trial for evaluating the safety, tolerability, an...

Wonder Women: Australian female CEOs who made a difference
World News

Wonder Women: Australian female CEOs who made a difference

Source: © Arrow | Megapixl.com Gone are the days when only men used to lead businesses accounting for almost all the senior executive posts. The current era is the one where females are giving healthy competition to their male counterparts acro...

Social Media Buzz: What Is VanEck Vectors ETF?
World News

Social Media Buzz: What Is VanEck Vectors ETF?

Source: Peshkova ,Shutterstock A new ETF was launched last Thursday in the US. The ETF is designed to track the stocks receiving considerable social media mentions and attention. VanEck Vectors Social Sentiment ETF (BUZZ:NYSE Arca) is comprised...

Boab Metals Limited (ASX:BML) at a Vantage Point with Strong Global Demand for Sorby Hills Lead-Silver Concentrate
Sponsored

Boab Metals Limited (ASX:BML) at a Vantage Point with Strong Global Demand for Sorby Hills Lead-Silver Concentrate

r process following the DFS metallurgical program completion in Q2. Western Australia based explorer and developer Boab Metals Limited (ASX:BML) continues to register solid growth prospects, backed by high-grade resources boasted by its 75% owne...

5 Penny stocks making investors happy today
Stock Market

5 Penny stocks making investors happy today

Source:Yuriy K,Shutterstock Summary Anson Resources has opened with a massive rise of more than 42 per cent, at A$0.098. Davenport Resources is another penny stock that is rising up through the roof. Bellevue Gold and Todd River Resources are...

  • March 08, 2021 02:25 PM AEDT
  • Aayush
Carbonxt’s (ASX:CG1) pellet business scales new heights
Sponsored

Carbonxt’s (ASX:CG1) pellet business scales new heights

ves seem to drive R&D undertakings for bringing in-house production of carbon pellets.  The patented, non-brominated activated carbon solutions, produced by Carbonxt Limited (ASX: CG1), is much more than a method to eliminate toxic poll...

Jupiter Mines’ (ASX:JMS) Juno Demerger and IPO Plan Hits Roadblock
Stock Market

Jupiter Mines’ (ASX:JMS) Juno Demerger and IPO Plan Hits Roadblock

Source:Parilov,Shutterstock Summary The demerger and possible listing on the ASX of Juno Minerals has been stalled. The demerger would have created two separate entities, focusing on manganese and iron ore projects, separately. With the demer...

NASDAQ listed Genetic Testing Co. Whose Q4 FY20 Revenue was up  3,400%
Technology Stocks

NASDAQ listed Genetic Testing Co. Whose Q4 FY20 Revenue was up  3,400%

Source: LookerStudio ,Shutterstock The genetic testing market is a billion-dollar industry that has already surpassed US$13 billion as of 2019. According to the industry experts, the market is still in its early growth phase and is expected to ...

What is driving ASX 200 higher today?
Stock Market

What is driving ASX 200 higher today?

Source: Billion Photos,Shutterstock Summary A broad-based rally is evident in the Australian equity markets. Bond yields are also tracking lower, but leading stocks are weak in the afternoon session. Materials sector is leading the gains i...

What powered NZ economy to tide over COVID-19 storm 
Economy

What powered NZ economy to tide over COVID-19 storm 

Source: jijomathaidesigners ,Shutterstock Summary Despite the continued struggle with the closure of the borders, the domestic economy has weathered the COVID-19 storm better than expected, Westpac said in its latest weekly market commenta...

  • March 08, 2021 01:23 PM AEDT
  • Ashish
Douugh (ASX:DOU), Rakuten partner to expand Douugh’s acquisition channels
Stock Market

Douugh (ASX:DOU), Rakuten partner to expand Douugh’s acquisition channels

Source: Syda Productions ,Shutterstock Summary Douugh Limited entered into a 12-month partnership with Rakuten to develop its acquisition channels. Rakuten affiliate network's selected publishers are compensated for advertising Douugh val...

Who topped the list of US Economic Freedom Index, who got axed
World News

Who topped the list of US Economic Freedom Index, who got axed

Source: MotionEmo,Shutterstock Summary Heritage Foundation unveiled its annual ranking of freest economies in the world. Singapore tops the list with Vietnam stepping into moderately free category for the 1st However, Hong Kong was remov...

  • March 08, 2021 12:56 PM AEDT
  • Sonal
Will New Caledonian Deal Allay Tesla's Nickel Shortage Fears?
World News

Will New Caledonian Deal Allay Tesla's Nickel Shortage Fears?

Source: franz12,Shutterstock Summary Tesla has secured greater control over nickel supply with the execution of a partnership with the New Caledonian government. The decision comes amid surging demand for electric vehicles and growing con...

Tech Stocks Under the Spotlight, is There Any Steam Left?
Stock Market

Tech Stocks Under the Spotlight, is There Any Steam Left?

Source: Rido,Shutterstock Summary Tech stocks are under the watchlist of investors in the wake of rising yields on treasury bonds. The US share market is not immune to the tech stump, with its strong performing chip sector facing the brunt of ...

Nutritional Growth Solutions (ASX:NGS) launches Healthy Height® in Europe
Stock Market

Nutritional Growth Solutions (ASX:NGS) launches Healthy Height® in Europe

Source: Pressmaster ,Shutterstock Summary Nutritional Growth Solutions to launch Healthy Height® in the EU via an exclusive distribution agreement with Dicofarm. The Company stated that the patented product is available in health food...

Everything you need to know about Cellmid’s (ASX:CDY) rights issue
Stock Market

Everything you need to know about Cellmid’s (ASX:CDY) rights issue

are price has fallen by 1.11 per cent to A$0.089 (as at 11:35 AM AEDT). On 8 March 2021, Cellmid Limited (ASX:CDY) announced its plans to raise $3.8 million via a renounceable rights issue. The eligible shareholders will be offered two new share...

  • March 08, 2021 11:55 AM AEDT
  • Aayush
ASX 200 today: Market opens gap up on US Senate's passage of stimulus bill
Stock Market

ASX 200 today: Market opens gap up on US Senate's passage of stimulus bill

ining was up 2.633 per cent, the ASX 200 Consumer Staples was up 2.121 per cent. Australian benchmark equity index ASX 200 started the week on a bright note, opening on Monday with a gap up of 31 points or up 0.46 per cent to 6,741.80, after a s...

  • March 08, 2021 10:45 AM AEDT
  • Ashish
Why Santos’s (ASX:STO) largest shareholder sold nearly 11 million shares
Stock Market

Why Santos’s (ASX:STO) largest shareholder sold nearly 11 million shares

2017 regarding the board representation and other matters was no longer effective. Santos Ltd (ASX:STO) on Monday said that its largest shareholder ENN Group (ENN) had sold nearly 107.1 million shares. The 5.14 per cent stake at A$7.33 per shar...

  • March 08, 2021 09:57 AM AEDT
  • Ashish
ASX 200 to open with a huge gap up of 105 points 
Stock Market

ASX 200 to open with a huge gap up of 105 points 

Source: ImageFlow,Shutterstock Summary ASX 200 is expected to open by a massive gap up of around 105 points of 1.6 per cent.  Bitcoin has been trading in a range for a while now and is currently up by 2.7 per cent to US$50,249. ...

  • March 08, 2021 09:28 AM AEDT
  • Aayush
How will the acquisition of Investiga boost ALS (ASX:ALQ) growth?
Stock Market

How will the acquisition of Investiga boost ALS (ASX:ALQ) growth?

significantly boosts the company’s presence in the pharmaceutical market.   ALS Ltd (ASX:ALQ) on Monday announced the acquisition of Investiga, a pharmaceutical testing business with operations in Brazil and the east coast of the US...

  • March 08, 2021 09:17 AM AEDT
  • Ashish
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