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Wall Street rallies after Fed’s big rate hike; NUE, BA, BYND soar
June 15, 2022 01:56 PM PDT| By Rupam RoyWall Street indices closed higher on Wednesday, June 15, after the Federal Reserve raised the interest rates by 0.75%, its biggest increase since 1994, to rein in the relentless spike in inflation. The S&P 500 was up 1.46% to 3,789.99. The Dow J...
Celsius (CEL) crypto soars nearly 100%: All you need to know
June 16, 2022 03:50 AM AEST| By Rupam RoyHighlights: The CEL token surged over 99% on Wednesday morning. Celsius claims to be an all-in-one banking and financial service provider for crypto users. It saw the highest price of US$1.17 in the last 30 days. The Celsius (CEL) crypto .....
Is Tron (TRX) crypto declining on USDD dollar de-pegging news?
June 16, 2022 02:53 AM AEST| By Rupam RoyHighlights: USDD lost its dollar-pegged price on Monday. The USDD traded at around US$0.97 on Wednesday. The TRX saw the highest price of US$0.09094 in the last 30 days. The Tron (TRX) crypto was on investors' radar Wednesday after its st.....
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Why is Raiden Network Token (RDN) rallying today?
June 15, 2022 11:02 PM AEST| By Manu ShankarPowered by the Ethereum blockchain, Raiden Network Token (RDN) crypto is an off-chain scaling solution, which enables quick and cheap payments. The primary goal of the RDN crypto is to develop a state-of-the-art research state channel technology pl.....
INA, CQE, ARF, SCP – ASX-listed real estate stocks to watch out for
June 15, 2022 07:21 PM AEST| By Sukriti NairHighlights The S&P/ASX200 closed lower today, dropping 1.27%. The real estate sector ‘A-REIT’ closed 2.82% lower on the ASX. But defying A-REIT sector blues, are Ingenia Group, Charter Hall REIT and Arena REIT. The ASX200 .....
Triggered by Fed’s probable rate hike, ASX 200 drops 1.27%
June 15, 2022 07:13 PM AEST| By Priyanka PayalThe last few days have been extremely difficult for investors as the panic over recession woes which was triggered by the US inflation data for May, made it apparent that the Federal Reserve will stand by its monetary tightening stand with further .....
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Why is UMA (UMA) crypto grabbing market attention?
June 15, 2022 07:07 PM AEST| By Manu ShankarAt a time when the majority of the crypto market is in a bearish phase, it is hard to imagine any crypto witnessing a handsome rally. On one hand, leading cryptos, such as Bitcoin and Ethereum tumbled to their 18-months lows, on the other hand, UMA.....
3AC crypto hedge fund insolvent? Do crypto investors need to worry?
June 15, 2022 06:52 PM AEST| By Raza NaqviAs the cryptocurrency market continues to crash, some reports of a crypto-focused hedge fund going bankrupt have sent shock waves among crypto enthusiasts. On Tuesday, it was reported that Singapore-based Three Arrows Capital (3AC) could have becom.....
Why sending parcels may cost Aussies more?
June 15, 2022 06:31 PM AEST| By Akanksha VashishtHighlights Postal service providers, including Australia Post, have announced massive bumps to their surcharge fees. High fuel and transportation costs emanating from Russia-Ukraine war have made things tougher for postal service providers. Th.....
A2M, BGA, AHF, BUB: ASX 200 Dairy stocks in focus today
June 15, 2022 06:18 PM AEST| By RitwikaThe S&P/ASX 200 Consumer Staples sector (ASX:XSJ) closed 0.642% lower at 12299.00 on the ASX today. This article primarily focuses on the performance of four leading dairy stocks from the ASX 200 Consumer Staples sector- A2 Milk, Bega Cheese, .....
AX1, TNE, BOQ, GQG, TLS: Why were these ASX shares in news today?
June 15, 2022 05:47 PM AEST| By Bhawna GuptaAustralian equities opened in red on Wednesday (15 June), extending yesterday's selloff with the benchmark ASX 200 index closing 1.27% down at 6,601.00 points today. However, many investors gravitate to ASX dividend shares during times of growing .....
Fair Work Commission’s minimum wages decision: Key takeaways
June 15, 2022 05:15 PM AEST| By Akanksha VashishtAustralia’s Fair Work Commission (FWC) has announced a higher-than-expected hike in minimum wages on June 15. An annual wage hike of 5.2% has been declared, which is at par with the annual inflation rate of 5.1%. The move is expected to offer.....
What’s on the cards for cryptocurrencies? End of the road or new start?
June 15, 2022 03:51 PM AEST| By Ankit SethiThe crypto market is reeling from multiple jolts. The total market cap has dropped below US$1 trillion, which suggests the bloodbath has gripped virtually all cryptoassets. This sordid state of affairs has prompted many crypto enthusiasts to wonde.....
ORG, GNE, MCY, IFT: Why are investors focusing on renewable energy stocks?
June 15, 2022 02:26 PM AEST| By Priyanka PayalPeople across the globe are taking steps aimed at switching from non-renewable to renewable sources of energy. With environmental awareness and decarbonisation initiatives by major global economies, renewable energy sources, like solar, wind, and h.....
Calima Energy (ASX:CE1) spuds second well at Brooks for June quarter
June 15, 2022 02:07 PM AEST| By Nitish KumarCanada-focused oil & gas producer Calima Energy Limited (ASX:CE1|OTCQB:CLMEF) has spudded Gemini #9, the second well as part of the ongoing four-well drilling campaign in the Brooks area of Alberta. The Gemini #9 well was spudded on 12 J.....
Global Health (ASX: GLH) ups growth momentum with two major contracts
June 15, 2022 02:00 PM AEST| By Aditi SarkarAustralian healthcare software provider Global Health Limited (ASX: GLH) has strengthened its sales pipeline by securing two major contracts. The contracts have been signed with Homeless Healthcare and Peninsula Health for executing a range of Mast.....
Crypto Catch: Two crypto exchanges layoff a fifth of their staff
June 15, 2022 01:24 PM AEST| By Daniel Paul JohnsHighlights Employees of leading crypto exchange, Coinbase, will learn their fate later today in an e-mail, according to chief executive, Brian Armstrong Meanwhile BlockFi, which is a smaller company than Coinbase, announced on Monday, a twenty .....
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Fantom (FTM) crypto: Things you need to know before buying it
June 15, 2022 01:17 PM AEST| By Jasmine AnandThe global cryptocurrency market continued to be in the red zone as bearish market sentiments remained in the picture. Today, at the time of writing, the global crypto market cap fell to US$976 billion, a 4.3% rise over the past 24 hours. Major cr.....
NeuroScientific (ASX:NSB) share price soars 23%; Here’s why
June 15, 2022 01:13 PM AEST| By Aditi SarkarHighlights NeuroScientific has received positive preliminary results from a study of its lead drug candidate EMTINB™ on multiple sclerosis. Mice treated with 10mg/kg and 20mg/kg doses of EmtinB™ constantly reached lower clinical sco.....
Aspire Mining (ASX:AKM) unlocking high-grade potential of Ovoot coking coal project
June 15, 2022 12:26 PM AEST| By Nitish KumarHighlights Aspire Mining is leaving no stone unturned to develop its world-class Ovoot Coking Coal Project in Mongolia. The company is planning open-pit mining on the project, which holds a reserve of 255Mt. High washing yield and caking &.....
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