News
Is Rocket Bunny crypto real and is it a safe investment?
October 18, 2021 11:14 PM AEDT| By Raza NaqviThe Rocket Bunny (BUNNY) crypto caught the attention of potential investors in Canada as its name surfaced in the trending charts on Monday, October 18. The trends also suggested that people have been enquiring whether the Rocket Bunny crypto is re.....
Top 5 NFT disruptors of 2021
October 18, 2021 10:13 PM AEDT| By Ankit SethiHow about festive shopping assets that may yield high returns? As festivities approach us, it is time we look beyond regular goods that usually depreciate in value with time. It might be time to look at the crypto assets space. As of now, Bitcoin .....
How UK is becoming a leading force in crypto adoption
October 18, 2021 10:03 PM AEDT| By Manu ShankarThe United Kingdom has been for a while seizing the cryptocurrency market share in Europe. According to a Chainalysis report, the UK has been leading and inspiring other countries in Europe in the field of crypto adoption and a major competitor of.....
What was New Zealand’s ranking in KPMG’s latest survey?
October 18, 2021 08:53 PM AEDT| By Neha SimpyHighlights In KPMG’s of late released NZRI, NZ has secured ninth position worldwide. The agri-food market has topped in the decarbonisation readiness category. NZ’s pledge towards net zero does not compare with its supply capacity .....
Why “Squid Game” is so popular?
October 18, 2021 07:24 PM AEDT| By SamtaHighlights The most popular K-drama – Squid Game, has become Netflix’s biggest ever series. Squid Game has been watched by around 111 million users within first 28 days of its release. The nine-part series debuted in Septembe.....
Contact (NZX:CEN): How did it perform in September month?
October 18, 2021 07:05 PM AEDT| By SonalContact Energy Limited (NZX:CEN;ASX:CEN) is the largest privately owned energy firm in New Zealand. On 18 October, Contact Energy released an operating report for September 2021. The Group revealed that its customer business recorded mass market e.....
The Effect of China’s Crypto Crackdown
October 18, 2021 05:39 PM AEDT| By Daniel Paul JohnsHowever, many newly minted bitcoin mines are relocating to places like Texas, South Dakota or Canada. The United States has overtaken China to become the leading global bitcoin mining network, according to data from the University of Cambridge. T.....
Fortnite Gaming Company Open to NFTs
October 18, 2021 03:04 PM AEDT| By Daniel Paul JohnsHighlights Epic Games CEO, Tim Sweeney tweeted on Saturday that the mega gaming company would welcome games that include NFTs The announcement is in contrast to Sweeney’s earlier position that NFTs would not be included in Epic Games due .....
Asian jet fuel margins recover as authorities lift cross border travel restrictions
October 18, 2021 01:42 PM AEDT| By Arpit VermaHighlights Jet refining margins in Asia jumped to their highest levels in October due to a solid recovery in air travel in the region. Jet refining margins in Europe have surged to the levels last seen in the first quarter of 2020. Jet fuel wi.....
Oil hits multi-year highs on supply deficit forecasts
October 18, 2021 12:25 PM AEDT| By Arpit VermaHighlights Brent Crude oil prices reached three-year highs while WTI reached a level last seen in 2014. The demand for crude oil has boosted with a solid recovery from the COVID-19 pandemic. The US has stated that it will lift the COVID-19 tra.....
Will this Christmas bring back the season of joy for Australia?
October 17, 2021 12:50 AM AEDT| By Rini ZachariahHighlights Vaccinations are picking up pace in Australia. Businesses are gearing for the economies opening up and the demand surging during the festive season. Expectations for the September quarter are gloomy, but experts opine recovery to pi.....
From Ordinary Joes to Celebs. What’s The Big NFT Craze All About?
October 17, 2021 12:48 AM AEDT| By Daniel Paul JohnsHighlights NFTs are offering a wide range of benefits – from being exclusive collectables covering subject matter including art, music and video to ways where traders can invest and make money Former NBA superstar, Shaquille O’Neil .....
How US employee emergency savings accounts bolstering financial security
October 17, 2021 12:39 AM AEDT| By Sanjeeb BaruahHighlights More US companies have launched employee emergency savings accounts to attract and retain staff members. Taking a cue from the covid crisis, the initiative is expected to provide Americans with an extra layer of financial security i.....
How supply chain crisis is affecting the economic recovery
October 17, 2021 12:14 AM AEDT| By RitwikaHighlights The economic outlook of Britain is darkening amid a full-blown fuel crisis, labour shortage, as well as clogged ports. A Christmas catastrophe is being anticipated with empty supermarket shelves amid a full-blown fuel crisis, labour .....
A glance at Bitcoin meltdowns in the past
October 17, 2021 12:06 AM AEDT| By Priya BhandariHighlights Bank of England said that cryptocurrencies could pose a systemic risk to global financial system unless governments make some tougher regulations. The cryptocurrency assets have exploded by about 200% in just 2021. Cryptocurrenc.....
Weakened momentum in global economic recovery
October 17, 2021 12:00 AM AEDT| By Rini ZachariahHighlights Earlier this week, the International Monetary Fund (IMF) released its outlook for global economic recovery. The headline forecast for global growth, too, has been brought down by 0.1% to 5.9%. The 2022 projections were held the same.....
Why LM Funding (LMFA) stock skyrocketed by over 33%?
October 16, 2021 12:20 PM AEDT| By Ipsita SarkarHighlights LM Funding America, Inc. (NASDAQ: LMFA) plans to mine 1200 bitcoins annually, starting from the second quarter of 2022. The company purchased 5000 mining machines for US$31.6 million to date. The stock is up 33.42% to US$4.58.....
LinkedIn to shut down service in China, cites ‘challenging’ conditions
October 16, 2021 12:00 PM AEDT| By Sanjeeb BaruahHighlights Microsoft-owned LinkedIn said that greater compliance requirements made it impossible to continue operations in China. LinkedIn will replace the site with a job portal, called InJobs, a stripped-down version, which will not have its.....
Wall Street ends higher as financials, consumer stocks lead gains
October 16, 2021 08:25 AM AEDT| By Sanjeeb BaruahBenchmark US indices closed higher for the second consecutive day on Friday, October 15, buoyed by robust quarterly results of financial majors Goldman Sachs and Charles Schwab and others. The S&P 500 rose 0.75% to 4471.37. The Dow Jones rose 1....
Mania to mainstream: In a first, SEC might allow Bitcoin ETF trading
October 16, 2021 04:59 AM AEDT| By Ipsita SarkarHighlights Last month, SEC chair Garry Gensler hinted that Bitcoin Futures ETFs might receive a government nod under a 1940 law. Although many aspiring Bitcoin ETF issuers have lined up since, as many as four are under SEC consideration t.....
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