News

ASX 200 gains over 1% as tech stocks jump; Bubs Australia soars 45%

May 30, 2022 12:07 PM AEST| By Priyanka Payal

The Australian share market started this week’s trade on a positive note, following strong cues from Wall Street. The benchmark index ASX 200 gained over 1% to 7,255.60 points in the initial few minutes of trade. With this gain, the benchmark.....

Calima Energy (ASX:CE1) on high-growth path amid robust crude oil market

May 30, 2022 10:23 AM AEST| By Nitish Kumar

Highlights Calima Energy recorded all-time high oil & gas production levels during the March quarter. The Company enjoys a higher free cash flow and increased operating profit as crude oil prices have remained strong so far in 2022. CE1 is.....

ASX 200 to rise, GDP data to guide market this week

May 30, 2022 07:56 AM AEST| By Ashish

er. The Australian share is expected to begin the week on a strong note following a robust closing on Wall Street last Friday. while higher iron ore prices are expected to aid mining stocks. Slowing US inflation and solid finish by tech-focus...

Global oil crisis: A double-edged sword

May 29, 2022 12:15 AM AEST| By Arpit Verma

rgy crisis. The global oil crisis has intensified ever since Russia officially announced Ukraine invasion. Russia is a key crude oil supplier, accounting for nearly 10% of the world's total supplies. In response to the unilateral military action...

How far have EVs come on 'S-Curve'?

May 29, 2022 12:05 AM AEST| By Arpit Verma

be bright. Despite significant bottlenecks in the battery material supply chain, the global electric vehicle (EV) sector has evolved impressively over the last three years. According to the International Energy Agency (IEA), a mere 2.2 million ....

Top 5 crypto wallets to explore for crypto enthusiasts

May 28, 2022 07:00 PM AEST| By Manu Shankar

With the crypto market turning volatile these days, investors must ensure that their assets are secured. Therefore, investors must be vigilant enough to store their crypto assets securely. As trading involves buying and selling assets, one has to .....

Wall Street ends week higher on retail boost; PDD, DELL, ULTA rally

May 28, 2022 07:10 AM AEST| By Rupam Roy

US stocks closed the week with a third straight session of gain on Friday, May 27, helped by positive retail guidance and expectations of the macroeconomic situation improving. The S&P 500 was up 2.47% to 4,158.24. The Dow Jones rose 1.76% to 33...

Why is Elrond (EGLD) crypto gaining attention?

May 28, 2022 05:12 AM AEST| By Rupam Roy

The Elrond (EGLD) crypto was among the discussed cryptos on social media on Friday as its price dropped below 12% amid a broader crypto market rout. However, its volume jumped over 51% in the last 24 hours to Friday morning. Also Read: Chinese car.....

Why Celsius (CEL) crypto plunged to its lowest level since Sep 2020?

May 28, 2022 01:55 AM AEST| By Rupam Roy

Highlights: Celsius (CEL) offers crypto users a banking and financial services platform. The CEL token price fell to its lowest level since September 2020 on Friday. The token is available for trading on Bybit, FTX, etc. The Celsius (CEL).....

Did Legend X hackathon trigger Aelf (ELF) crypto rally on Friday?

May 28, 2022 01:25 AM AEST| By Versha Jain

Highlights Aelf is a digital asset company with technology partners like Google Cloud, Microsoft Azure, Amazon Web Services, and Huawei. Its open-source blockchain network aims to offer a complete business solution, connecting exist.....

Why XCAD Network (XCAD) token's trading volume surged over 100%?

May 28, 2022 12:44 AM AEST| By Versha Jain

Highlights XCAD Network is a content creator tokenization platform. XCAD’s current market capitalization is US$96.48 million, with 3,094 token holders. Launched on May 27, 2021, the token rose more than 14% on its first anniversary.....

Focus on renewables, EVs: Inside Albanese govt climate plans

May 28, 2022 12:36 AM AEST| By Nitish Kumar

Highlights Australia’s newly elected Prime Minister Anthony Albanese has promised a major crackdown on the country’s carbon emissions. In his election campaigns, Albanese highlighted the drawbacks and inability of the previous regim.....

Tether opens up the Latin American market with pesos-pegged stablecoin

May 27, 2022 08:35 PM AEST| By Manu Shankar

While the stablecoin market has been under the pump for a while now, the gloom hasn’t deterred the world’s leading stablecoin Tether from making its grand entry into Latin America. On 26 May, Tether announced that it would be launching .....

What to expect from the Terra Luna Classic (LUNC) airdrop?

May 27, 2022 08:11 PM AEST| By Manu Shankar

The Terra 2.0 is almost here. As the vote was in favour of the Terra 2.0 reboot on 25 May, there were many action-packed moments the following day. On 27 May, as Terra Classic and its native token Luna and Terra Luna Classic with the new ticker LUN.....

ASX 200 closes 1.08% higher following strong lead on Wall Street

May 27, 2022 06:27 PM AEST| By Sukriti Nair

cretionary. Closing the week above its 20-day Moving Average (MA), the ASX 200 posted a 1.08% gain today to close at 7,182.70. The Aussie benchmark index has gained about 0.53% in the last five days, though it is still down by 3.51% on a ye...

What is Biotechnology Blueprint? How can it benefit Australia’s biotech sector?

May 27, 2022 06:08 PM AEST| By Aditi Sarkar

Highlights COVID-19 has been a stark reminder of the fact that biotechnology will be needed in future to face uncertain health crises Australia's biotechnology sector has united to launch the Biotechnology Blueprint: A Decadal Strategy for the .....

Where is Pi Network crypto project heading? All you must know

May 27, 2022 05:54 PM AEST| By Raza Naqvi

For the past few years, Pi Network has remained among one of the top cryptocurrency projects. Millions of users are waiting for the Pi crypto to start trading as they are mining the virtual currency but don't know the real value of the Pi coin. Pi.....