News
Australian market basks in green, IT and energy lead gains
December 30, 2022 04:25 PM AEDT| By Bhawna GuptaThe ASX 200 benchmark index closed in the green today (December 30), gaining 34.80 points or 0.50% to end at 7,054.90.
Can these new battery technologies reshape electrification era?
December 30, 2022 03:51 PM AEDT| By Ankur JaiswalHighlights:,The electric vehicle space has been gaining popularity as they are considered better for the environment than petrol or diesel cars,Manufacturing EVs, mining battery minerals, and sourcing energy for charging EVs add considerable carbon t...
Understanding nuclear energy sector and exploring some related ASX stocks
December 30, 2022 03:27 PM AEDT| By Team Kalkine MediaHighlights,At present, around 63% of nuclear plants are more than 30 years old,Nuclear power capacity must increase by 10 GW each year till 2030 to meet net-zero emissions targets,Toro Energy has secured a firm commitment to raising AU$5 million,Nucl...
Boab Metals (ASX:BML) gets impressive initial Phase VI drill assays for Sorby Hills
December 30, 2022 03:05 PM AEDT| By Team Kalkine MediaHighlights:,The first set of assays from the recently completed Phase VI drilling has boosted Boab Metals’ confidence in its Sorby Hills Lead-Silver-Zinc Project.,The assays from the Beta Deposit have validated the current mineralisation model, openi...
Radiopharm (ASX:RAD) shares jump on FDA IND approval for RAD301 technology
December 30, 2022 02:55 PM AEDT| By Aditi SarkarHighlights,Radiopharm has secured IND approval from the US FDA for its αVβ6 Integrin (RAD301) technology.,The IND approval enables the company to commence a Phase 1 imaging trial at the end of Q1 CY23.,The company believes that the technology will de...
Three ASX renewable energy stocks in news
December 30, 2022 02:47 PM AEDT| By Team Kalkine MediaHighlights,Meridian Energy Limited has been granted resource consent for the construction of Aotearoa’s 100 MW grid-connected battery energy storage system,Infratil Limited released interim results in November 2022,Contact Energy produces around 80-8...
3 biggest setbacks of cryptoverse in 2022
December 30, 2022 02:37 PM AEDT| By Ankit SethiCryptocurrencies and NFTs did not have a good run in 2022, with Bitcoin losing more than half its value and assets like Jack Dorsey’s tweet NFT failing to attract a high bid.
Latest updates from ASX chemical stocks
December 30, 2022 12:54 AM AEDT| By Team Kalkine MediaAs per Market Research Future, the specialty chemicals market will grow with a compounded annual growth rate of 4% to reach US $900 billion by end of the decade.
Australian market closes in red, energy and utilities fall
December 29, 2022 04:31 PM AEDT| By Bhawna GuptaThe ASX 200 benchmark index closed in the red today (December 29), losing 69.00 points or 0.97% to end at 7,017.40 points.
Do you need to declare crypto investments to ATO?
December 29, 2022 03:29 PM AEDT| By Ankit SethiThe ATO mandates preserving the records of all crypto assets-related transactions. Besides, reporting any income that accrues from the disposal of any such asset is also mandated.
5 ASX resource stocks which turned heads in 2022
December 29, 2022 01:28 PM AEDT| By Team Kalkine MediaMarket situations in 2022 witnessed a lot of ups and downs. The COVID-19 restrictions were uplifted to support global economic recovery. But at the beginning of the year itself, Russia’s invasion of Ukraine had a drastic impact worldwide.
Invictus (ASX:IVZ) reports multiple potential gas bearing zones at Mukuyu-1 sidetrack well
December 29, 2022 11:43 AM AEDT| By ManishaHighlights,Invictus Energy (ASX:IVZ) has shared encouraging results from preliminary wireline program at the Mukuyu-1 ST1 well.,As per log analysis, there are numerous potential gas bearing reservoir units at the wellsite.,The company will soon resum...
Commodity markets bounced back in 2022. Will they carry momentum in new year?
December 28, 2022 07:04 PM AEDT| By Team Kalkine MediaHighlights,The US dollar dominated the commodity markets in 2022,Energy prices increased by nearly 60% in 2022,Concerns about the recession significantly impacted prices of metals and minerals during the year,In 2022, commodity markets were dominated...
Australian market closes in red; energy gains, healthcare falls
December 28, 2022 04:22 PM AEDT| By Bhawna GuptaThe ASX 200 benchmark index closed in the red today (December 28), losing 32.30 points or 0.45% to end at 7,075.40 points.
A look at five ASX electric vehicle stocks
December 28, 2022 03:28 PM AEDT| By Team Kalkine MediaHighlights,The global electric vehicle market is expected to reach US$823.75 billion by 2030,Li-S Energy is planning to test 10-layer cells in 2023,Novonix has received a grant of US$150 million from the United States Department of Energy (DOE).,To p...
Inside Invion’s (ASX:IVX) quest to tap multi-billion-dollar opportunity in viral disease treatment space
December 28, 2022 10:45 AM AEDT| By Aditi SarkarHighlights,The world needs to focus on developing innovative treatments to be prepared for the next pandemic,Invion’s research on Photosoft,TM,compounds has demonstrated effectiveness against dengue, the Zika virus and COVID-19 variants,Market studie...
Australian shares likely to fall on weakness in tech stocks
December 28, 2022 08:56 AM AEDT| By AshishThe Australian share market is expected to fall at open on Wednesday following a dismal night on Wall Street.
Performance of ASX green energy stocks in 2022
December 23, 2022 11:48 PM AEDT| By Team Kalkine MediaHighlights,The share of renewable energy in the world’s electricity will reach 30% by 2024, as per the International Energy Agency,Frontier Energy completed the Pre-Front End Engineering Design (Pre-FEED) at the Bristol project,Meridian Energy genera...
Is cryptocurrency real money? What is its road ahead in 2023?
December 23, 2022 05:00 PM AEDT| By Ankit SethiIn 2022, the market value of the cryptoverse declined sharply, which has further caused concerns over any crypto’s broader use as money.
Why EPC service provider Saunders’ 2022 developments are so important (ASX:SND)
December 23, 2022 04:07 PM AEDT| By Ankur JaiswalHighlights:,2022 has been a very busy period for Saunders, with a number of significant multi-million-dollar contracts wins during the year,These contracts hold strategic importance, fuelling Australian industries’ development and boosting the compan...
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