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Interest rate hikes and recession: How are they related?
May 22, 2022 12:10 AM AEST| By Akanksha VashishtHighlights Central bankers use interest rates as a tool to boost or control inflation through monetary policy. Higher interest rates discourage borrowing and spending among consumers while removing extra stimulus from the economy. Rapid intere...
Will the RBA go for 40bps cash rate hike as wages growth lags?
May 22, 2022 12:05 AM AEST| By Akanksha VashishtHighlights Tighter labour market conditions helped Australia achieve a wage growth rate of 0.7% in the March 2022 quarter. The latest wage growth data is central to understanding the pace of the Reserve Bank’s interest rate hikes. Expert...
Federal election 2022: Key differences between policies of Liberal & Labor
May 21, 2022 11:04 PM AEST| By Bhawna GuptaHighlights The Federal Election 2022 begins with Australians flocking to polling stations across the country. Scott Morrison and Anthony Albanese are vying to be Australia's next prime minister in the election. In various electoral policies, r.....
Australia Federal Election 2022 begins- close contest between Labor and Coalition?
May 21, 2022 11:47 AM AEST| By SukritiHighlights Australia Federal Election 2022 begins as citizens head to polling centers in their state/ territory. The election gets Scott Morrison and Anthony Albanese fight the battle to be Australia’s next prime minister. The charmed nu.....
S&P falls into bear market in intraday, Nasdaq retreats; ROST, DE decline
May 20, 2022 02:23 PM PDT| By Rupam RoyBenchmark US indices closed mixed on Friday, May 20, as investors were concerned about the elevated inflation, sending S&P 500 into the bear-market territory in intraday session. The S&P 500 was up 0.01% to 3,901.36. The Dow Jones rose 0.03%...
What drove Lucky Block (LBLOCK) crypto rally today?
May 21, 2022 03:59 AM AEST| By Versha JainHighlights Lucky Block (LBLOCK) is a crypto lottery platform launched in January 2022. It claims to provide transparent, easy wins for players worldwide. However, the lottery platform could face regulatory challenges ahead. The Luck.....
Why is PolySwarm (NCT) crypto up over 36%?
May 21, 2022 03:13 AM AEST| By Rupam RoyHighlights: PolySwarm is a crowdsourced threat intelligence marketplace. The token is available for trading on exchanges like BingX, Huobi Global, MEXC, etc. It returned more than 113% gains over the last seven days. The crypto market was.....
Is Flow (FLOW) crypto rising on Coinbase news?
May 21, 2022 02:44 AM AEST| By Rupam RoyHighlights: Flow is a high-speed decentralized blockchain. The FLOW token is available for trading on exchanges like Binance and OKX, The token’s highest price in the last 30 days was US$5.98. The Flow (FLOW) token price by more tha.....
Mental health scenario of Australia worsening amid COVID-19 pandemic
May 21, 2022 12:20 AM AEST| By Aditi SarkarMental health is a very critical part of overall health. However, each year a growing number of people are facing mental health symptoms. This gives rise to the need to come together to advocate for enhancing the overall mental health care system. .....
What measures is Australia taking to rev up critical minerals sector?
May 21, 2022 12:15 AM AEST| By Nitish KumarWith the world raring to accelerate its transition into a new electric era, there is a heightened need for more critical minerals. Critical minerals have become the backbone of the modern world, and the economic well-being of a nation depends immen.....
Why Elongate (ELONGATE) crypto volume surged 40,000%?
May 21, 2022 12:05 AM AEST| By Versha JainHighlights Elongate was incorporated in July 2021. ELONGATE is a Binance Smart Chain-based crypto token powering a social impact movement. The token’s total supply is 569 trillion. The Elongate crypto’s trading vol.....
101 guide for beginners Here's how you can get started with NFTs
May 20, 2022 09:41 PM AEST| By Raza NaqviNobody knew that digital assets would become so popular in just a decade when Bitcoin was first launched. Apart from cryptocurrencies, digital assets like non-fungible tokens (NFTs) soared to popularity last year when celebrities, top entrepreneur.....
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FTX US ventures into stock trading against stablecoins. What does that mean?
May 20, 2022 08:40 PM AEST| By Manu ShankarHighlights Leading cryptocurrency exchange FTX is now looking to expand its business operations by offering services in the equity markets. FTX Stock is believed to start with the private beta phase for select US customers who would have to go .....
Aion (AION) crypto on a high; Know more about this token
May 20, 2022 08:19 PM AEST| By Jasmine AnandHighlights Aion, the core of the OAN network, facilitates inter-compatibility between different blockchains The platform enables the execution of smart contracts, data storage and information sharing between different blockchains The crypto is.....
ASX 200 closes with 1.2% gain as shares rebound led by tech
May 20, 2022 07:39 PM AEST| By SukritiHighlights ASX 200 gained 1.2% to 7,145.6 and posted first weekly gain since mid-April. Shares rallied on optimism that China’s economy will rebound. Global markets continue to waver after a whipsawing week in which inflation continued t.....
Why is Curve Dao (CRV) crypto trailing today?
May 20, 2022 06:10 PM AEST| By Manu ShankarHighlights Launched in 2020 by Michael Egorov, the Curve Dao is a stablecoin DEX that uses the automated market maker (AMM) model to maintain liquidity. The 88th-ranked CRV token was trading at US$1.09 with a 24-hour trading volume of US$35,80,.....
Titomic to deliver first-of-its-kind glass mould coatings system
May 20, 2022 06:09 PM AEST| By DaminiHighlights Titomic Limited (ASX:TTT) is all set to deliver the world’s first automated cold spray glass mould coatings system. The highly automated system has been developed by Titomic Europe in collaboration with International Partners i.....
Crypto Catch: CBA halts rollout of crypto app amid market crash
May 20, 2022 04:33 PM AEST| By Daniel Paul JohnsThe Commonwealth Bank has paused the launch of its cryptocurrency trading app amid the current market turmoil. Commonwealth Bank announced the launch of the app in November allowing customers to buy and sell ten crypto assets including bitcoin, Et.....
WOW, MYD, COL, JBH: What’s moving these ASX retail stocks today?
May 20, 2022 03:49 PM AEST| By Sukriti NairHighlights Australian shares have gained over 1.08% by noon, getting a push from IT and Consumer stocks. Consumer discretionary and consumer staples have reversed yesterday's losses. S&P/ASX200 is gaining today, is up 1.08% to 7,140.50.....
What is Firepin’s FRPN token and is it safe?
May 20, 2022 03:48 PM AEST| By Ankit SethiHighlights Cryptos are down this year, with a massive fall in the total market cap shining light on risks Firepin is a new participant, with claims like metaverse gaming, Web3, and even yield farming FRPN token is available in a pre-sale, but .....
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