News
What is Australian government doing to slash power bills?
June 21, 2022 02:58 PM AEST| By Akanksha VashishtHighlights The AEMO has suspended some of the solar and wind energy projects as the power crisis worsens in Australia. The central government is making efforts to upgrade the electricity grid to renewable energy. The government has also enforc.....
GrainCorp (ASX:GNC) reaffirms FY22 guidance; shares gain
June 21, 2022 02:27 PM AEST| By RitwikaThe shares of GrainCorp Limited (ASX:GNC) were spotted trading 4.18% higher at AU$9.47 per share at 1:54 PM AEST on the ASX today (21 June). More than 753K shares of GrainCorp have exchanged hands until this article was written. Today, the A.....
Food Revolution Group (ASX:FOD) jumps 11% on impressive sales growth
June 21, 2022 02:15 PM AEST| By Aditi SarkarHighlights Food Revolution Group is witnessing increasing sales base and strong consumer support for its world-class products. Woolworths has agreed to scale the company’s new ‘Calm’ Juice Lab Wellness Shot throughout Australi.....
Crypto Catch: Celsius seeks more time to stabilise liquidity issues
June 21, 2022 02:03 PM AEST| By Daniel Paul JohnsHighlights Troubled crypto lending firm Celsius has sought more time from its customers after last week’s withdrawal freeze, to stabilise liquidity issues Bitcoin gained around 4% to once again trade above the US$20K mark and was recently.....
NFT corner: Protests held in Manhattan; Udder Chaos NFTs launched
June 21, 2022 02:02 PM AEST| By Ankit SethiNon-fungible tokens (NFTs) continue to be launched unabated this year as well. Recently, NFT artist Beeple and singer-songwriter Madonna joined forces to raise funds for charity using NFTs. Tennis player Coco Gauff has also unveiled her NFTs on the.....
Musgrave Minerals (ASX:MGV) strengthens exploration team with latest appointment
June 21, 2022 12:59 PM AEST| By Mohammad ZaidHighlights Musgrave Minerals has appointed a General Manager-Development to focus on development studies and defining an optimal development path for its Cue Gold Project. Recently MGV had reported a 41% increase in the total Mineral Resources .....
ASX 200 rebounds 0.90% in opening trade; Energy, Materials lead gains
June 21, 2022 12:27 PM AEST| By Priyanka PayalAustralian shares rebounded sharply on Tuesday taking cues from international stocks, although US markets were closed on Monday for the Juneteenth public holiday. In the opening few minutes of trading, the benchmark index ASX 200 was up 0.90% at 6,.....
Enzyme crypto’s trading volume up 1,000%: Why is MLN token gaining?
June 21, 2022 11:18 AM AEST| By Ankit SethiHighlights Many cryptos, led by BTC and ETH, have gained of late, bringing some cheer to enthusiasts Altcoins like Synthetix and Enzyme have also appreciated, with rise in their trading volumes Enzyme Finance provides asset management services.....
Inside Platina Resources’ (ASX:PGM) exploration journey at Xanadu gold project
June 21, 2022 10:06 AM AEST| By Arpit VermaPlatina Resources Limited (ASX:PGM) has been going full steam ahead to advance its portfolio of gold projects in the tier 1 mining jurisdiction of Western Australia. Currently, the exploration company holds two gold projects in the region.....
Fintech player IOUpay (ASX:IOU) issues update on IDSB transaction
June 21, 2022 09:59 AM AEST| By Mohammad ZaidHighlights IOUpay has determined the total amount to be paid under the second tranche payment for its investment in IDSB. The BNPL company has also secured an extension to the settlement period of the transaction until 31 August 2022. IOUpay h.....
ASX200 to rise as US futures gain & European stocks rebound
June 21, 2022 08:37 AM AEST| By Sukriti NairAustralian shares and benchmark index ASX200 are likely to get over the seven-day losing streak today. The expectations are based on a rebound witnessed in European shares. Also, ASX futures were up around 0.87% early morning (5:05AM AEST). The Aus.....
Avalanche crypto rises 16%: Is it due to comments on 3AC crypto fund?
June 21, 2022 01:46 AM AEST| By Raza NaqviThe cryptocurrency market has bounced back in the last 24 hours after declining massively over the last few days. The major cryptocurrencies' prices were in the green as trading activity picked up on June 20. Also Read: What is Firepin token? All .....
What is Storj crypto (STORJ) crypto and why is it rallying?
June 21, 2022 12:25 AM AEST| By Manu ShankarFounded by Shawn Wilkinson and John Quinn in 2014, Storj crypto (STORJ) is primarily a decentralised open-source cloud storage platform that allows users to store their files. As a peer-to-peer encrypted cloud storage platform, it allows users to s.....
Can MoonBear.Finance (MBF) sustain its rally?
June 20, 2022 10:46 PM AEST| By Manu ShankarHighlights MoonBear.Finance (MBF) is primarily a Binance Smart Chain protocol that allows investors to earn passive income through staking. According to the project’s whitepaper, MoonBear.Finance is largely inspired by tokens, such as Saf.....
What’s weighing on Beach Energy (ASX:BPT) share price today
June 20, 2022 08:30 PM AEST| By Sonal GoyalHighlights Shares of Beach Energy dropped by approximately 8% on the ASX. Beach Energy shared identified new Yolla West infield opportunity. Yolla West which is expected to be a high-returning investment opportunity is prioritised over Trefoil.....
Experts predict Bitcoin’s healthy rally. What’s in store?
June 20, 2022 07:03 PM AEST| By Manu ShankarIn the past few months, the crypto market is going through a major churn. With every passing day, the world’s most popular cryptocurrency, Bitcoin, is struggling to get over its bearish phase. As Bitcoin plunged to a low of US$17,708.62.....
ASX 200 slumps alongside commodity prices, energy & material stocks suffer
June 20, 2022 06:24 PM AEST| By Sukriti NairHighlights ASX 200 closed 0.64% lower, pulled down by energy and material sector stocks. A-REIT remained the top gaining sector on ASX, while Paladin Energy and Champion Iron plunged. Global growth concerns, possible rate hikes by central bank.....
Troy Resources (ASX:TRY) reports advances in exploration over Earn-in Agreement by Barrick Gold
June 20, 2022 06:08 PM AEST| By Arpit VermaHighlights Barrick Gold covered nearly 65% of drainages at the Potaro area and collected 637 rock chip and float samples. Barrick undertook extensive aircore drilling over the Makapa Kuribrong Shear Zone to unlock the gold potential. Under the.....
SNX crypto price soars 100% & volume rockets over 700%: Here's why
June 20, 2022 06:02 PM AEST| By Raza NaqviHighlights The SNX crypto is available for trading on crypto exchanges like Binance and Uniswap (V2). There are 19,933 cryptocurrencies worldwide, and SNX crypto ranks 87 among them. The SNX crypto can be utilized as collateral for minted synt.....
ANZ, NAB, PDL: These 3 ASX financial firms to pay dividend in July 2022
June 20, 2022 05:19 PM AEST| By Bhawna GuptaIf you want to receive regular income in an unpredictable market, dividend stocks are the way to go. A dividend is a small payment made to shareholders in exchange for investing in a company's stock. It is usually paid out of the company's net prof.....
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