News

Is there a massive global energy crisis in the offing?

October 11, 2021 08:14 PM AEDT| By Priya Bhandari

Highlights The sudden surge in the energy demand after lows hit during the pandemic has increased the prices of oil, gas, and coal all over the world. The ongoing supply restrictions from OPEC countries and global transport bottlenecks have com.....

Top 5 Things to Know About Crypto Pump and Dump Scams

October 11, 2021 07:46 PM AEDT| By Daniel Paul Johns

Highlights Pump and dumps are where a crypto’s price is artificially boosted by an organised group who purchase a large volume of a particular coin, driving prices up, and then eventually sell it at a much higher price Market manipu.....

Hefty fine on Meituan sparks rally in China tech shares

October 11, 2021 07:43 PM AEDT| By Furquan Moharkan

Highlights Shares of Chinese tech giants in Hong Kong have surged. Meituan leads the surge in Chinese tech shares. ASX 200 has underperformed its peers in the regional rally. Shares of Chinese online retail platform Meituan on Monda.....

Knitting values of saffron in India, Iran & Spain

October 11, 2021 07:10 PM AEDT| By Toshiva Jain

Image source: © Viperagp | Megapixl.com Saffron flowers Saffron, the golden flower, carries rich ancient history, and it is one of the elitist spice in the world. The rich-golden-hue coloured saffron has multiple usages, from food to praye...

Meet the Leadership at the helm of explorer Tempest Minerals (ASX:TEM)

October 11, 2021 06:51 PM AEDT| By Akshay

Tempest Minerals is a data-driven diversified minerals exploration company that has been utilising data analytics and automation to find highly prospective targets.,An experienced and dynamic management team spearheads tempest's exploration approach....

Why are Ripple and Polkadot’s prices surging?

October 11, 2021 03:44 PM AEDT| By Jasmine Anand

Highlights Crypto prices have witnessed a climb over the past week, with prices of major cryptocurrencies, including Bitcoin and Ethereum, experiencing upwards price trends. Other famous cryptos like Ripple and Polkadot too have witnessed a sha.....

Indian ministry says it has ample coal stocks to lit power plants

October 11, 2021 02:38 PM AEDT| By Arpit Verma

Highlights Indian coal ministry stated that it has ample coal stocks in its reserves to fulfill the demand for the power sector. The shortage of coal has created a supply crunch of fuel in various eastern and northern states of the country. Th.....

Lessons from the Google Chrome hack

October 11, 2021 02:35 PM AEDT| By Samta

Highlights Around 2.6 billion Google Chrome users are on high alert after the company confirmed multiple new high-level hacks. The company has confirmed an exploit of CVE-2021-37973, exists in the wild. Hackers have attacked the browser by do.....

US crude hits 7-year highs amid higher gas-to-oil switching

October 11, 2021 02:02 PM AEDT| By Arpit Verma

Highlights Crude oil prices further rose on Monday. The prices have recorded significant gains during the last week. Oil’s rally is underpinned by soaring gas prices. OPEC+ decided to increase the output gradually. Crude oil prices.....

Asia Pacific has its rep in US$100 billion rich club: India’s Mukesh Ambani

October 11, 2021 11:07 AM AEDT| By Furquan Moharkan

India’s richest man Mukesh Ambani has made to the elite US$100-billion rich list – and is the first person from the Asia Pacific region to do so. Mr Ambani is valued at a whopping US$101 billion, as his net worth has surged 31% or US$2.....

5 best cryptos to watch in 2022

October 11, 2021 12:12 AM AEDT| By Ankit Sethi

The year 2021 has so far been a mixed bag for cryptocurrencies. It was the year when Bitcoin touched a new high of nearly US$65,000. This was followed by a crash and Bitcoin lost almost half of its value. But the crypto world is not about Bitcoin .....

Now, China mulls adding crypto mining to ‘negative list’ of industries

October 10, 2021 03:26 PM AEDT| By Ashish

China has added cryptocurrency mining to list of industries with restricted or prohibited mining. The ‘negative list’ includes industries that are not available for Chinese or foreign investors for investing purposes. However, China has.....

Global minimum tax rate: Key things to know about the landmark deal

October 10, 2021 02:30 PM AEDT| By Ashish

After years of disagreement and rounds of discussions, the world leaders finally reached a landmark deal on a global corporate minimum tax rate. According to the deal, which is said to be a gamechanger for global economies, the group of developed n.....

How fraud affects you financially

October 10, 2021 01:00 PM AEDT| By Priya Bhandari

Highlights In H1 2021, scammers stole around £753.9 million (US $1.03 billion), up by 30% as compared with H1 2020. For the first time, the losses in authorised push payment (APP) fraud stood at £355.3 million. According to survey,.....

Where does UK get its gas supply from?

October 10, 2021 12:25 AM AEDT| By Priya Bhandari

Highlights On Wednesday, wholesale gas prices surged by 37% to a record high, although they dropped back after Russian President Vladimir Putin entered to clam the market. 40% of the UK’s gas is supplied from fields in Irish Sea and the N.....

Want to raise capital for your startup? Find out here

October 10, 2021 12:22 AM AEDT| By Sanjeeb Baruah

Highlights Raising capital for startups is often challenging. Self-funding or loans from family and friends can be easier initially. Angel Investors or Venture Capitalists often fund promising startups. However, banks remain the traditional .....

Japan set for polls; will it affect Japan-Australia relations?

October 10, 2021 12:22 AM AEDT| By Manisha

Japan elected 64-year-old Fumio Kishida as its new prime minister through a parliamentary vote on 4 October 2021. The leader of the ruling Liberal Democratic Party (LDP) and former foreign minister will now be serving as the 100th prime minister of.....