News

Oil rises on higher-than-expected drawdown in the US crude inventori...

Highlights Crude oil climbs up on Wednesday. The government data shows a higher-than-expected drawdown in the US crude inventories. The US crude...

Australia gains top spot in gold production; overtakes China for the...

Australian gold miners have turned the corner around challenging times and helped the country in setting a new production record. Higher output by Aus...

US stocks gallop ahead after deals, product launches lift sentiments

All benchmark US indices closed in the green on Wednesday, September 15, after a flurry of deals, acquisitions, buybacks, and product launches of top...

What exactly is September effect? Is it real?

Since the beginning of this month, the Dow Jones Industrial Average (Dow 30) has corrected by 2.2%, NASDAQ Composite by 1.5%, and S&P 500 by 1.8%....

The Astronomical Rise of NFTs

Highlights  August 2021, saw a meteoric rise for the non-fungible token (NFT) market surpassing US$5.29 billion in total sales volume....

Swiss company Valour to launch Solana ETP

Highlights The Swiss company, Valour, has launched an ETP that will track the performance of the cryptocurrency Solana. Solana is a highly functio...

Australia’s health system under attack by Cyber attackers amid COVID...

In the last financial year, COVID-19 pandemic has driven Australians to depend on internet considerably – whether to work remotely, to communica...

Will Australia Ever Adopt Bitcoin as Legal Tender?

Highlights  El Salvador’s official adoption of Bitcoin got off to a somewhat shaky start as the price of Bitcoin plummeted in the hours...

Failed attack on Ethereum blockchain affects 0.8% nodes

The Ethereum blockchain was unsuccessfully attacked early morning on 14 September 2021, managing to trick 0.8% of Ethereum nodes. The attack was first...

Why is Avalanche Crypto Growing So Quickly?

Highlights AVAX has had a barnstorming past 30 days – a period which has seen its price more than triple Avalanche has one of the fastest sm...

Canva raises US$55 billion; now worth more than Telstra 

Australian graphic design and collaboration platform Canva is now valued at US$40 billion – most valuable private consumer softwa...

Crude oil trades flat as tropical storm Nicholas hit Texas

Crude oil traded nearly flat on Tuesday due to tropical storm Nicholas that hit the coast of Texas bringing heavy rain and power outages in the region...

iPhone enthusiasts get a new version in iPhone 13 and iPhone 13 mini

Highlights iPhone launches iPhone 13 and iPhone 13 mini. It delivers camera innovations and enhanced battery life. Apple on Wednesday...

Apple iPhone 13 launch event: Check out specifications, prices, avai...

Highlights Apple launched four new models in iPhone 13 series and other products at its much-awaited California Streaming event. The iPhone 13 lin...

US stocks drift after inflation data

Benchmark US indices retreated on Tuesday, September 14, after the latest economic data showed inflation grew at a slower pace in August, renewing the...

How do consumers make purchasing decisions?

Highlights  The modern consumer is well-informed and well-equipped with technological tools that help form decisions. As online consumer acti...

An analysis on soaring petrol prices in Australia

Highlights Australia has witnessed an increase in petrol prices. The increase in international refined petrol prices have pushed domestic retail p...

Google fined for abusing mobile market dominance in South Korea

Highlights  The South Korea’s antitrust agency fined Google for abusing market dominance. Google has been investigated for allegedly us...

South Korea's strict crypto regulations: Will investors face the bru...

Highlights South Korea’s Financial Services Commission (FSC) has given the smaller cryptocurrency exchanges time till September 24 to apply f...

COVID-19 vaccine: Aussies to get Novavax jab by 2021 end

Highlights  Australia is set to receive the jab from American drugmaker Novavax. The vaccine developed by Novavax, NVX-CoV2373, has demonstra...