News
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.....
AKE, MIN, PLS, VUL: These 4 ASX lithium firms are producing white metal
June 14, 2022 05:38 PM AEST| By Bhawna GuptaHighlights The lithium industry is not hot as it was in 2021. Some lithium companies like Allkem Limited and Mineral Resources Limited are on their way to speeding up lithium production. The lithium industry is not hot as it was in 2021 as.....
Empire Resources (ASX:ERL) boasts a strong stance with solid work across portfolio
June 14, 2022 05:04 PM AEST| By Mohammad ZaidHighlights Empire Resources has recently undertaken significant work across the project portfolio to deliver value through exploration. Assay results from multiple drilling programs remain pending and are expected to be received in the coming m.....
Power crisis: Why is Australia facing risk of blackouts?
June 14, 2022 03:28 PM AEST| By Akanksha VashishtAmidst an escalating energy crisis, Aussies are facing yet another challenge in the form of power outages. At a time when the nation’s power crisis is showing no signs of abating, the Australian Energy Market Operator (AEMO) has issued lack o.....
PDN, ERA, BOE, BKY: Why are these ASX-listed Uranium stocks in news today?
June 14, 2022 03:22 PM AEST| By Priyanka PayalThe rise in Uranium price has prompted mine operators in countries such as Australia, North America and Africa to start their stalled projects. It is to be noted that the US is expected to ban the use of Russian Uranium after Moscow invaded Ukraine.....
NikeCraft and PsychoKitties: Why these two NFTs are trending
June 14, 2022 03:08 PM AEST| By Ankit SethiHighlights NFTs can have a different price trajectory as compared to native tokens like ETH and SHIB. PsychoKitties has recently made an entry, while NikeCraft is a part of Tom Sachs’ collection NikeCraft NFT holders recently got a chanc.....
Chimeric (ASX:CHM) hits new milestone: viral vector manufactured for clinical program
June 14, 2022 01:33 PM AEST| By Aditi SarkarHighlights Chimeric is charging ahead with the completion of manufacturing and quality release of CHM 1101 (CLTX CAR T) viral vector. Viral vector is considered the backbone for the manufacture of a CAR T cell therapy. The crucial milestone wi.....
ASX 200 tumbles 5% in broad selloff as recession fears mount
June 14, 2022 12:17 PM AEST| By Priyanka PayalAustralian equity market declined sharply on Tuesday (14 June 2022) as concerns mount that the US Fed’s efforts to bring down inflation with higher rates could lead to a recession, sparking a fresh round of selloff in global equities. The ben.....
Aguia Resources (ASX:AGR) making serious strides at Andrade copper project
June 14, 2022 12:02 PM AEST| By Mohammad ZaidHighlights Aguia Resources has intersected high-grade copper mineralisation at the Andrade Project in the first phase of its diamond drilling program. The results confirm the occurrence of high-grade mineralisation in the shallow zone of the de.....
Aguia Resources (ASX:AGR) on fast-paced growth track with high-quality Pampafos® fertiliser
June 14, 2022 11:56 AM AEST| By Mohammad ZaidHighlights Aguia Resources (ASX:AGR) has received another set of excellent results from agronomic testing of Pampafos® on corn crops. The results reinforce the high potential of Pampafos® to replace conventional and chemically processed.....
What future does Celsius Network hold after its suspension?
June 14, 2022 11:23 AM AEST| By Ankit SethiThe cryptoverse’s troubles seem far from over. Over the past one week, the largest asset Bitcoin (BTC) has lost nearly 30% while Ethereum’s losses are even sharper. Ethereum’s ETH ranks second to BTC, and as of writing, their year.....
Monkeypox & travel- Does another setback await tourism industry?
June 14, 2022 10:30 AM AEST| By Toshiva JainHighlights To date, over 100 cases of monkeypox have been reported across Europe, North America, South America, North Africa, the Middle East, and Australia. The US Centers for Disease Control and Prevention has released an "Alert -- Level 2" a.....
Z1P, MFG, PBH: Why these ASX shares were worst performers last week
June 14, 2022 08:59 AM AEST| By Ashishrs. The Australian share market ended last week on a muted note, mainly on account of a continuous rise in interest rates by global central banks to tame inflation. The benchmark ASX 200 index fell 4.2% to end the period at 6,932 points. Util...
ASX 200 to fall over 4%; S&P falls into bear market
June 14, 2022 08:02 AM AEST| By AshishHighlights The Australian share market is expected to start the week on a muted note. According to the latest SPI futures, the ASX 200 is poised to open massive 296 points or 4.3% lower on Tuesday. On Wall Street, the Dow Jones fell...
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