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ASX 200 extends fall amid concerns over aggressive rate hikes
June 15, 2022 12:15 PM AEST| By Priyanka PayalAustralian equities opened lower on Wednesday (15 June), extending yesterday’s brutal selloff as market participants are now speculating an aggressive rate tightening path in Australia. The benchmark ASX 200 index was down 0.39% at 6,659.60 p.....
Rari Governance Token price up 100%: Why is RGT crypto gaining?
June 15, 2022 11:38 AM AEST| By Ankit SethiHighlights Bitcoin is now under US$22,000, after having lost more than 3% over the past one day Rari Governance Token, however, has defied the wider bearish phase and is up almost 100% The RGT token allows the users of Rari Capital to decide o.....
FLT, BET, NAN, PNV, APX: Five most shorted shares on ASX 200
June 15, 2022 11:18 AM AEST| By AshishHighlights Investors track short interest levels of various stocks. The ASIC publishes these short position reports on a daily basis. A company is said to be facing some challenges in case the short interest level of a stock is high....
Why are job seekers worried about new point-based system to receive JobSeeker payment?
June 15, 2022 11:05 AM AEST| By Akanksha VashishtMajor changes have been recently announced to Centrelink’s Jobseeker program, bringing a new wave of concern for Aussies. The new Points Based Activation System (PBAS) will soon be introduced for the workforce, which will replace the existing.....
Calima Energy (ASX:CE1) outlines key initiatives in inaugural ESG Report
June 15, 2022 10:16 AM AEST| By Nitish KumarHighlights Calima Energy has unveiled its inaugural 2021 Sustainability Report. The Company has adopted eight Sustainable Development Goals from the United Nations’ list of 17 Sustainable Development Goals. The Company has established an.....
ASX 200 to open lower; investors await Fed’s rate decision
June 15, 2022 07:57 AM AEST| By AshishHighlights The Australian share market is likely to extend losses on Wednesday. According to the latest SPI futures, the ASX 200 is expected to open 60 points or 0.9% lower. On Wall Street, the Dow Jones fell 0.5% and the S&P 500...
Wall Street ends mixed, Nasdaq recovers after rate jolt; FDX, ORCL rise
June 14, 2022 01:55 PM PDT| By Rupam RoyWall Street’s main indices closed mixed on Tuesday, June 14, after Nasdaq recovered from an initial slide as the central bank officials assembled to discuss a new rate plan at their monthly policy conclave. The S&P 500 fell 0.38% to 3,735....
Why metaverse crypto Genesis Worlds (GENESIS) surged 39% today?
June 15, 2022 05:29 AM AEST| By Versha JainHighlights: Genesis Worlds (GENESIS) is a multi-creator gaming universe. GENESIS is an ERC-20 standard token. In a strategic move, the project owners had recently announced a hiatus. Metaverse crypto Genesis Worlds (GENESIS) w.....
What is Kusama (KSM) crypto? All you need to know
June 15, 2022 03:25 AM AEST| By Rupam RoyHighlights: Kusama is a blockchain project offering developers interoperable and scalable services. The KSM token trades on exchanges like Binance, OKEx, etc. The token’s highest price in the last 30 days was US$88.91. The Kusama (K.....
Why is Gala (GALA) crypto gaining attention?
June 15, 2022 02:28 AM AEST| By Rupam RoyHighlights: Gala Games aims to provide players with the controls to in-game assets and other functions. The GALA token can be traded on exchanges like Sushiswap, Gate.io, etc. It returned over 517% gains in the past 12 months. Despite a s.....
Can Bitcoin rise like a phoenix after Black Monday?
June 15, 2022 12:10 AM AEST| By Manu ShankarBitcoin has had a torrid run of late. The Black Monday, as now many experts are calling it, has seen Bitcoin’s value suddenly tumble down to US$22,141.26 with a trading volume of US$68,204,556,440 on 13 June. On Tuesday, the leading crypto slid...
Chain (XCN) crypto plummets 50%; can it rise again?
June 14, 2022 11:33 PM AEST| By Versha JainHighlights: Chain (XCN) is a cloud blockchain infrastructure. Its infrastructure enables organizations to create better financial services. It offers an open-source blockchain and a ledger-as-a-service product. While the global cryp.....
What is Raiden Network Token and why RDN crypto rose 200%?
June 14, 2022 11:22 PM AEST| By Raza NaqviHighlights The global crypto market cap was US$ 927.4 billion at the time of writing. The RDN crypto was up by 203 per cent to US$ 0.09622 per token. The Raiden Network is compatible with ERC-20 tokens. As the crypto market continues to t.....
WDS, STO, NHC, WHC: How are these ASX Energy stocks performing?
June 14, 2022 07:02 PM AEST| By RitwikaHighlights The S&P/ASX200 Energy sector recorded significant losses today. The major energy stocks- WDS, STO, NHC and WHC followed a similar trend on the ASX. All 11 sectors have ended lower today. The S&P/ASX200 Energy sector is .....
Commodity wrap-up: Gold shines on economic growth worries
June 14, 2022 06:47 PM AEST| By Arpit VermaHighlights Prices of both crude oil benchmarks have remained nearly stable in the last week. Gold logged substantial weekly gains of 1.22% on inflationary bets and economic growth worries. Prices of copper, aluminium, and iron ore have tumbled.....
Investors could lose all their money, warns Bank of England Governor
June 14, 2022 06:46 PM AEST| By Manu ShankarHighlights BoE Governor Andrew Bailey has warned that investors could lose all their money by investing in unbacked assets. Bailey warned investors that illicit players can take advantage of such situations. On Tuesday, the crypto market slump.....
Bloodbath for Australian equities as ASX 200 falls 3.55%, sets new 100-day low
June 14, 2022 06:41 PM AEST| By Priyanka PayalHighlights Setting a new 100-day low, the Australian share market declined sharply today due to a selloff in global equities. ASX 200 closed 3.55% lower/ dropping 246.00 points at 6,686.00 points Global market selloff resulted from r.....
WTC, XRO, LNK: Why did these 3 ASX tech stocks close in red today?
June 14, 2022 06:11 PM AEST| By Bhawna GuptaHighlights On a sectoral front, all 11 sectors ended lower today (June 14). IT was the second worst-performing sector on ASX today. Meanwhile, ASX All Technology Index closed at 1,892.50 points, down 3.90% ASX 200 Index closed in the red .....
Is the end of crypto market here or can it rise again in 2022?
June 14, 2022 05:47 PM AEST| By Raza NaqviThe first half of 2022 has been awful for crypto, but few days have been as bad for the business that has grown up around digital currencies. Trading platforms froze withdrawals on Monday, companies laid-off workers, and skeptical investors sold t.....
Eclipse Metals (ASX:EPM) delineates new targets from satellite imagery analysis of Ivittuut
June 14, 2022 05:41 PM AEST| By AkshayHighlights Eclipse had appointed leading image processing expert Dr Daniel Core of Fathom Geophysics to analyse Sentinel-2 data pertaining to its multi-commodity Ivittuut Project. The data analysis delineated multiple spectral anomalies indicat.....
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