News
Overview of COP26: Glasgow’s two-week climate summit
November 04, 2021 08:38 PM AEDT| By Toshiva JainHighlights COP26 kicked on October 31 in Glasgow and the summit will last till 12 November. Alok Mishra is hosting the summit; world leaders from 200 countries are expected to attend the conference. The summit aims to bind the world leaders to.....
Cryptos in Action
November 04, 2021 08:21 PM AEDT| By Daniel Paul JohnsHighlights CBA has become the first Australian Bank to offer a crypto service El Salvador’s Bitcoin profits will go towards building schools Strong altcoin performance has prompted some to speculate whether altcoin season in here CB.....
Crypto’s Worst Nightmare
November 04, 2021 07:53 PM AEDT| By Daniel Paul JohnsHere’s a scary thought. What if the entire internet went down? Not in your house. Not in your suburb. Rather, what if the world’s internet crashed? Last month, the world lost its mind when Facebook (now called Meta) went down with.....
How is Tempest Minerals Limited (ASX:TEM) placed on the lithium front?
November 04, 2021 07:52 PM AEDT| By AkshayHighlights,Tempest maintains a strong and de-risked position in Lithium across Australia and overseas.,Tempest’s holding includes Western Australian exploration projects and holdings in hard rock lithium assets in Africa and lithium brine in the USA....
SES Holdings plans to bring lithium-metal battery for EVs
November 04, 2021 07:35 PM AEDT| By Priyanka PayalHighlights SES Holdings Pte announces plan to manufacture a lithium-metal battery big enough to power a car. This is seen as an attempt by the Company to have the edge over its rivals in commercialising the technology. SES had earlier announce.....
Countries To Travel As Australian Border Reopens
November 04, 2021 07:27 PM AEDT| By SamtaHighlights On Monday, Sydney’s international airport came alive as Australia’s borders opened for the first time in the last 20 months. The fully vaccinated Aussies can travel abroad without restrictions with reduced quarantine requ.....
10 scenarios that can rock the world in 2022
November 04, 2021 06:58 PM AEDT| By Rishika RainaWhile the world is recovering from the catastrophic impact of the coronavirus pandemic and is expected to gain momentum in the coming months or years, the Economist Intelligence Unit (EIU) has come out with its Risk Outlook 2022 report, which has l.....
Crypto Reform Will Focus on “Debanking”
November 04, 2021 05:24 PM AEDT| By Daniel Paul JohnsHighlights The Senate enquiry made 12 recommendations related to future crypto reform. These recommendations include a change to the taxation of bitcoin Four of the 12 recommendations are focused on how to better manage or eliminate the practic.....
How are three NZX energy stocks faring amid COP26 climate summit?
November 04, 2021 05:01 PM AEDT| By Jasmine AnandHighlights The Glasgow meet of international leaders from various countries witnessed discussions on the looming climate threat and steps taken to curtail carbon emissions. Genesis Energy releases its investor presentation highlighting its.....
Iron ore rebounds after dipping below US$100 per tonne
November 04, 2021 04:10 PM AEDT| By Arpit VermaHighlights Iron ore prices recovered after tumbling below US$100 per tonne. The prices of metal reached multi-year high levels in May 2021. China is strictly trying to limit its carbon emissions, as a part of the country's long-term goal to at.....
Crude oil dips to 4-week low on rising US stockpiles
November 04, 2021 12:25 PM AEDT| By Arpit VermaHighlights Crude oil reached a four-week low level on Wednesday. The US records higher than expected crude oil inventories. Gasoline stockpiles dipped to their lowest level since November 2017. Crude oil prices tumbled to four-week lows o.....
US stocks close higher after Fed's taper remarks
November 04, 2021 09:01 AM AEDT| By Sanjeeb BaruahBenchmark US indices closed higher on Wednesday, November 3, after the Fed said it would start tapering its covid-era asset-buying program this month. The S&P 500 was up 0.65% to 4,660.57. The Dow Jones rose 0.29% to 36,157.58. The NASDAQ Compos...
How global banks can help in controlling greenhouse gas emissions
November 04, 2021 01:22 AM AEDT| By Rishika RainaAmid the ongoing COP26 UN Climate Change Conference being hosted by the UK , hundreds of the biggest banks and pension funds across the globe have come together to mitigate the greenhouse gas emissions with financial assets worth US .....
Top NFT projects to watch as we enter 2022
November 04, 2021 12:18 AM AEDT| By Ankit SethiIt seems no force can halt the non-fungible (NFT) bandwagon. Calendar 2021 has been a phenomenal year for these blockchain-powered collectibles. In March, the ‘Everydays: the First 5000 Days’ artwork by artist Beeple sold for multi-mil.....
Atari Token's volume soars over 300%. Where can you buy ATRI crypto?
November 03, 2021 11:26 PM AEDT| By Raza NaqviHighlights Atari Token is based on the Ethereum blockchain. Atari Token was developed and created by Atari Chain Ltd., a subsidiary of the video game firm Atari Interactive. In October 2020, the ATRI token became available to the public and be.....
95% mortgage: All you need to know
November 03, 2021 11:09 PM AEDT| By Priya BhandariHighlights A 95% mortgage refers to Loan-to-value (LTV) of owning a house, 95% of the house price will be covered by a mortgage, while 5% of the mortgage to be stumped up as a deposit. The government’s Mortgage Guarantee Scheme help.....
Goodbye, Facebook's facial ID system!
November 03, 2021 11:01 PM AEDT| By Aditi SahaHighlights Facebook’s first strategic action on rebranding to Meta is to remove its 10-year-old facial recognition system. Facebook's controversial face recognition feature has been turned off, so the social media platform will no l.....
What does Australia's Retirement Income Covenant have in store for retirees
November 03, 2021 09:11 PM AEDT| By Akanksha VashishtBig changes lie ahead for the Australian Superannuation fund holders as Australia’s Retirement Income Covenant is set to be effective from July 1st, 2022. Superannuation, or “Super”, as the Aussies call it, is one of the most impo.....
CBA does 180 to offer crypto services via app
November 03, 2021 08:01 PM AEDT| By Daniel Paul JohnsHighlights Users of the CommBank app will soon be able to buy and sell cryptos, with the initial rollout beginning in the coming weeks with the CBA adding more features in 2022 In September, CBA was criticised for refusing to do business with c.....
RBA decides to proceed without a yield target
November 03, 2021 05:45 PM AEDT| By Akanksha VashishtHighlights The Reserve Bank of Australia announced that it would discontinue the yield target on the April 2024 bond. Many of the recent instances have warranted the need for an early rate hike including rising inflation and the gradual reopeni.....
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