News
Australia Post urges Aussies to send X-Mas gifts by mid-December
October 28, 2021 09:21 PM AEDT| By Khushboo JoshiHighlights Australia Post has been urging all the Australians to parcel their Christmas cards and gifts by mid-December. 2021 already witnessed record parcel volumes with an anticipated record volume for this year’s Christmas. The postal.....
Morrison: Australia on track to beat 2030 emissions target
October 28, 2021 07:33 PM AEDT| By AayushHighlights Scott Morrison has said Australia is on track to reduce carbon footprints by 35% below 2005 levels by 2030. According to Morrison, the country has already lowered its carbon emissions by more than 20% from 2005. Some climate e.....
What’s Behind Crypto’s Latest Plummet?
October 28, 2021 07:19 PM AEDT| By Daniel Paul JohnsHighlights Sell offs often occur when Bitcoin reaches a particular high, which it did recently when it reached an all-time high of US$66,500 According to the study, the top 10,000 individual investors in Bitcoin control about one-third of t.....
Has COVID-19 pandemic derailed Australia’s economic growth?
October 28, 2021 07:14 PM AEDT| By Akanksha VashishtHighlights According to Treasurer secretary Steven Kennedy, GDP is expected to show a drop of 3% in the September 2021 quarter. The highest GDP drop was of 7%, observed last year during the June quarter when the first wave of COVID-19 had struc.....
ACCC to end Google’s dominance over mobile phone searches?
October 28, 2021 05:40 PM AEDT| By Khushboo JoshiHighlights ACCC’s latest report on Digital Services Inquiry says Google is the most dominant search engine in Australia. Google spends a huge money to stay as the default search engine on most used default browsers in the country. ACCC h.....
Can you give away stocks as donations?
October 28, 2021 05:38 PM AEDT| By Rishika RainaDonating stocks instead of cash is always a better option considering the interest of both parties. A wide range of charities, schools, hospitals, and other non-profit organisations prefer receiving stocks as gift or donation as it provides them wi.....
Shiba Inu continues its astronomical surge despite the snub by Musk
October 28, 2021 04:48 PM AEDT| By Jasmine AnandHighlightd Meme crypto Shiba Inu soars to an all-time high in spite of a recent snub by renowned Dogecoin lover, Elon Musk. The token further reached new heights with an online petition being signed asking Robinhood to offer trading of th.....
Why Cosmos Suffered An Overnight Crash?
October 28, 2021 04:20 PM AEDT| By Daniel Paul JohnsCosmos (ATOM) has lost nearly 15 percent in the past 24 hours. The 26th largest cryptocurrency fell despite having a jump of around 11 percent on Monday. The size of the drop is somewhat unexpected given its upward trajectory over the past two wee.....
Can we rely on carbon capture for climate goals?
October 28, 2021 04:15 PM AEDT| By Nitish KumarHighlights Many businesses are focusing on carbon capture and storage solutions to meet the world’s climate goals. The cost of capturing carbon dioxide is exorbitant at present. ExxonMobil, which is committed to advancing CCS projects, h.....
Oil tumbles on rising US stockpiles
October 28, 2021 01:31 PM AEDT| By Arpit VermaHighlights Crude oil prices tumble on Wednesday. The higher-than-expected rise in the US crude stocks forced investors not to hold long positions in crude oil. At the start of the month, OPEC+ decided to gradually increase the output. Cru.....
Will Tesla resume cryptocurrency transactions?
October 28, 2021 01:28 PM AEDT| By Toshiva JainElon musk is the ultimate influencer in the cryptocurrency market. The company’s decisions, Musk’s tweets have had some significant impact on the cryptocurrency world. However, with all the ups and downs, there is latest indication that.....
US stocks close mixed as investors track earnings data
October 28, 2021 09:34 AM AEDT| By Sanjeeb BaruahBenchmark US indices closed mixed on Wednesday, October 27, as investors delved into companies' quarterly earnings and sought to catch up with their latest developments. The S&P 500 was down 0.51% to 4,551.68. The Dow Jones fell 0.74% to 35,490....
Autumn Budget 2021: Top 10 highlights to note
October 28, 2021 02:16 AM AEDT| By Rishika RainaHighlights Inflation levels can touch 4% next year as per OBR estimates. The economy will grow by 6.5% this year and will bounce back to its pre-pandemic size by 2022. Unemployment is set to peak at 5.2%. Chancellor of the Exchequer Rishi.....
Can top 5 cryptos that gained in Q1 2021 repeat history a year later?
October 28, 2021 01:41 AM AEDT| By Ankit SethiHighlights No analyst can perfectly forecast the price movements of cryptocurrencies due to the underlying volatility. Past price performances can be a clue just like technical measures including resistance level and moving averages. A.....
BitUp soars over 800 million per cent in 7 days. Too good to be true?
October 27, 2021 11:28 PM AEDT| By Raza NaqviHighlights The BitUp crypto has an elastic supply, and the total supply of this cryptocurrency keeps changing. BitUp Finance platform claims that the value of BitUp cryptocurrency will only increase. Based on the principle of a stablecoi.....
Dogs of Elon debuts: 5 other popular NFT projects of 2021 to look at
October 27, 2021 09:35 PM AEDT| By Team Kalkine MediaNon-fungible tokens are arguably the second most popular component of the blockchain universe. Crypto tokens are indeed the first. Source: Pixabay.com The latest in NFTs is the ‘Dogs of Elon’ art that pay homage to billionaire CEO of.....
China is going broke!
October 27, 2021 08:57 PM AEDT| By Kiara KhannaPanic is a buzzword in the Chinese markets these days. It all started with Evergrande and seemed to have no end sight. Major Chinese real estate players have reported being unable to pay back their debts. Sinic Holdings, Modern Land, China Properties...
Why is retail theft on the rise and how can retailers safeguard themselves?
October 27, 2021 08:18 PM AEDT| By AayushShoplifting, clerical errors, employee theft, etc., are some of the major issues that are becoming increasingly challenging for retailers. Most of the shoplifters when caught red-handed rationalise their actions by stating the products are quite pr.....
Autumn Budget: Top 10 expectations from Sunak
October 27, 2021 07:14 PM AEDT| By Rishika RainaHighlights The Autumn Budget is due to be delivered by Chancellor Rishi Sunak at the parliament on Wednesday. The Budget is set to come ahead of a rough winter due to rising fears of inflation and soaring energy prices, which have negativ.....
What to expect from the Australia-Singapore travel bubble?
October 27, 2021 06:53 PM AEDT| By Akanksha VashishtHighlights Australia and Singapore have agreed to open air travel with each other for vaccinated individuals. ‘The Great Southern Land’ would be lifting its international ban for the first time since the pandemic. The initial focus.....
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