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Financial
Why Solana (SOL) crypto is a great investment option at present
October 26, 2021 07:24 PM AEDT| By Manu ShankarHighlights Solana is one of the strongest and the most consistent coins at present with steady gains in the intraday trading session. On Monday, Solana registered a new all-time high of US $218.73. At present, Solana is trading at US$207.....
Nigeria starts its CBDC journey with eNaira’s launch
October 26, 2021 01:43 AM AEDT| By Manu ShankarNigeria has rolled out its central bank digital currency (CBDC) – the eNaira on Monday. Scheduled to be launched on 1 October, the process was delayed due to implementation issues. According to the official document, the launch of the eNaira .....
HSBC (HSBA) & Lloyds (LLOY): Are these banking stocks worth holding?
October 25, 2021 10:37 PM AEDT| By Suhita PoddarUK banking stocks have started announcing earnings after US banks kicked off a strong earnings season earlier this month amid rising deal making and deposits. However, according to industry analysts, some British banks may have a slower release of.....
Can Musk’s tweet deter SHIB’s meteoric rise?
October 25, 2021 09:20 PM AEDT| By Manu ShankarShiba Inu (SHIBA) has been on a bull run. After seeing a rally of more than 500% since the start of October, the so-called DOGE-coin killer saw a retracement after Tesla owner Elon Musk had tweeted that he doesn’t own any of it. Shiba, whi.....
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What's driving CRV crypto to new highs?
October 23, 2021 02:22 AM AEDT| By Manu ShankarHighlights Launched in January 2020, Curve Dao (CRV) is a decentralised stablecoin exchange and is powered by the Ethereum blockchain. After the Curve Dao hit a purple patch registering impressive gains in the past 48 hours, the token grabb.....
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Binance’s tryst with trouble continues with latest BTC glitch
October 23, 2021 12:13 AM AEDT| By Manu ShankarHighlights Bitcoin prices dropped almost 90% in a flash crash due to Binance tech problem. Binance’s recent trouble was a bug in their trading algorithm. Binance has always been under the regulatory scanner in many countries. World&.....
Which UK lenders are offering best mortgage rates?
October 22, 2021 09:52 PM AEDT| By Rishika RainaHighlights Lenders to increase mortgage rates amid expectations of rising interest rates. Bank of England is expected to raise the interest rate from the historic low of 0.1% to 1% by next summer. Unlike mortgages on fixed rates, variable deal.....
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Why Altura (ALU) crypto is a Smart NFT
October 22, 2021 08:23 PM AEDT| By Manu ShankarHighlights Altura is a smart contract platform that allows the game developers to transact Smart NFTs, mint and distribute it. With its Chainlink's VRF, Altura aims to provide a provably fair and tamper-proof source of randomness. ALU is.....
Barclays (BARC) and Secure Trust (STB): 2 banking stocks to buy now
October 21, 2021 09:47 PM AEDT| By Suhita PoddarHighlights Barclays posted strong year to date Q3 2021 results, driven by higher fees from its corporate and investment banking businesses. Secure Trust Bank’s shares jumped over 2 per cent after it posted a strong Q3 trading update.....
Can green banks be a reality in the UK?
October 21, 2021 05:33 PM AEDT| By Rishika RainaHighlights The amount of funding going towards ethical banking has doubled to £196.65 million from 2010 to 2019 as per Ethical Consumer. Celebrities, politicians, and businesses are talking about ESG principles and people are becoming mor.....
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Interest rate rise: Should you hold these 3 mortgage lender stocks?
October 20, 2021 12:38 AM AEDT| By Nidhi GuptaHighlights Banking firms in the UK are set to withdraw their cheapest mortgage offers from the market. The Bank of England is expected to raise interest rates from a record low of 0.1% in November or December this year to counter inflation. Wh.....
Should you hold these banking stocks amid likely rise in loan defaults?
October 16, 2021 12:39 AM AEDT| By Sreenivas D AjankarHighlights Britain could see a rise in household and business loan defaults as per the latest survey conducted by the Bank of England. Loan defaults are seen as the latest crisis in the UK, which is already facing supply chain disruption and en.....
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Should you hold these banking stocks amid likely rise in loan defaults?
October 15, 2021 08:44 PM AEDT| By Sreenivas D AjankarHighlights Britain could see a rise in household and business loan defaults as per the latest survey conducted by the Bank of England. Loan defaults are seen as the latest crisis in the UK, which is already facing supply chain disruption and en.....
Why is VISA such a trusted brand?
October 14, 2021 09:11 PM AEDT| By AbhijeetWhen it comes to initiating a wire transfer through credit, debit or prepaid card, two corporations command the major operations throughout the world -- Visa and Mastercard. Being the decades-old electronic fund transfer facilitator, older than the.....
5 dividend-paying FTSE financial services stocks to buy now
October 14, 2021 07:33 PM AEDT| By Nidhi GuptaHighlights According to the Confederation of British Industry (CBI)/PWC survey of 115 financial services companies’, profitability in the sector continued to increase at 29% in Q3, slower than 39% in Q2. The profitability of the fin.....
Should you buy these 5 FTSE 100 green loans provider banks?
October 13, 2021 07:57 PM AEDT| By Rishika RainaHighlights NatWest committed to provide £100 billion in green funding by the end of 2025. The bank is aiming to help small and medium firms (SMEs) to capitalise on the drive to fight the menace of climate change. HSBC Holdings uses its g.....
NatWest (NWG) & Lloyds (LLOY): 2 banking stocks to buy now
October 12, 2021 09:27 PM AEDT| By Nidhi GuptaHighlights Around 46% of financial services companies plan to partner with fintech firms in the next year compared to 32% in 2020. NatWest had recently acquired a fintech startup RoosterMoney, a pocket money app. Several financial institut.....
Why NFT Investments is making waves
October 08, 2021 07:57 PM AEDT| By Manu ShankarHighlights The NFT Investments PLC has invested C$100,000 (US $79667) in a start-up creating a decentralized social network on the Ethereum blockchain Total investments are estimated to be C$655,000 (US $521,820) and it was led by venture.....
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2 dividend-paying insurance stocks to buy in October
October 05, 2021 11:16 PM AEDT| By Nidhi GuptaHighlights Insurance sector is currently witnessing a host of consolidation activities aimed at strengthening positions and securing future growth prospects. Prudential reported a 17% year-on-year growth in life insurance new business sales in .....
3 financial stocks to buy amid demand of easing staff visa rules
September 30, 2021 09:54 PM AEST| By Nidhi GuptaThe financial services sector in the UK has requested the government to ease requirements for a visa for overseas staff who desire to work for up to six months in the country. The TheCityUK’s Global Talent Mobility report illustrated some of .....
AI on the Rise: A Look at Top AI Companies and Their Stocks