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5 reasons why cost-of-living is moving up in Britain
January 20, 2022 09:13 PM AEDT| By Sreenivas D AjankarHighlights The inflation rate in the UK rose to its highest level at 5.4% in December 2021. The UK economy has been facing inflationary pressure for the last one year leading to a higher cost of living. At present, prices of goods and services.....
How would inflation further affect sectors? 5 pointers to note
January 20, 2022 09:04 PM AEDT| By Priya BhandariThe inflation rate of the UK surged unexpectedly to 5.4% in December up from November’s 5.1%, since its highest in 1992, enhancing pressure on the household sector and on the Bank of England to raise interest rate again. The sharp rise in inf.....
Monash (ASX:MVF) shares closed over 4% higher today. Here's why
January 20, 2022 08:38 PM AEDT| By SamtaThe shares of ASX listed Monash IVF Group Ltd (ASX:MVF) have gained today after the Group updated on its IVF treatments. The scrip closed 4.52% higher at AU$1.04 today. The Victorian Minister of Health had previously announced a .....
What is JasmyCoin crypto? Can Jasmy ‘data lockers’ attract users?
January 20, 2022 08:12 PM AEDT| By Ankit SethiHighlights Jasmy project aims to provide licensed access to personal data of users Businesses can use this data to promote their products and services in an efficient manner JasmyCoin is the linked token, and it peaked to US$4 in Februar.....
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CPH2 IPO: How to buy shares of this green hydrogen company?
January 20, 2022 07:16 PM AEDT| By Rishika RainaUK-based green hydrogen technology and manufacturing firm Clean Power Hydrogen Plc (CPH2), has expressed its intention to go for a listing on the Alternative Investment Market (AIM) of the London Stock Exchange soon. CPH2 IPO plans Clean Power Hy.....
What makes the SOS token popular among investors?
January 20, 2022 06:12 PM AEDT| By Aditi SahaHighlights In December, the OpenDAO, a new decentralised autonomous organisation (DAO), started to give away free tokens to the users of OpenSea, the biggest NFT marketplace. According to OpenDAO's Twitter bio, an anonymous user, @9x9x9eth, is .....
Behind tall electioneering claims: Are Aussies getting the economy as promised?
January 20, 2022 05:49 PM AEDT| By Akanksha VashishtHighlights The Australian economy saw many feats at a time when the economy was still majorly under lockdown. During the pandemic, stimulus measures were put in place at the cost of rising government debt. Consumer confidence in the country ha.....
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What led to Grayscale Bitcoin Trust’s (GBTC) record-high discounts?
January 20, 2022 05:39 PM AEDT| By Jasmine AnandHighlights Grayscale Bitcoin Trust, a popular crypto fund, has been witnessing steep discounts in the trading of its share. GBTC’s discount has reached 26.5%, the highest in the last 12 months. Some of the reasons for the same can .....
What is Syn City crypto? Is it a metaverse token?
January 20, 2022 05:31 PM AEDT| By Ankit SethiHighlights Syn City is a new entrant in metaverse gaming where AXS, MANA, and SAND are the leading players Syn City crypto project claims it is the first ‘mafia’ game with blockchain underpinning Syn City token, SYNR, is bein.....
Could Bitcoin plummet below US$30,000 in 2022?
January 20, 2022 05:10 PM AEDT| By Aditi SahaHighlights Bitcoin's recent performance has sparked a debate about whether the cryptocurrency is truly losing its shine. Ethereum, the second largest cryptocurrency by market capitalisation, may soon dethrone Bitcoin. Bitcoin had a rough s.....
Uber Australia gets into car-sharing biz, acquires Car Next Door
January 20, 2022 04:49 PM AEDT| By SamtaThe global ridesharing company Uber has strengthened its market position by snapping an Aussie peer-to-peer car-sharing platform. Expanding its Australian operations, the company announced today that it has acquired Sydney-based car sharing platfo.....
Crude oil settles near 7-year highs after Turkey’s pipeline outage
January 20, 2022 03:10 PM AEDT| By Arpit VermaHighlights Crude oil prices rose on Wednesday. Turkey’s Kirkuk-Ceyhan pipeline was exploded on Wednesday due to a power pylon. American Petroleum Institute reported that U.S. crude and gasoline stocks rose last week while distillate inve.....
What you should know about Australian Blockchain Week 2022
January 20, 2022 02:50 PM AEDT| By Aditi SahaHighlights Australian Blockchain Week 2022, the nation’s biggest crypto and blockchain event, is scheduled to be held in March 2022. FTX, the world's largest crypto derivatives exchange, has been announced as its naming rights sponsor. B.....
Good news for Aussies, jobless rate dips to 13-year low
January 20, 2022 02:26 PM AEDT| By Akanksha VashishtHighlights Australia observed a large increase in employment in December 2021, says ABS. The unemployment rate fell to 4.2% last month. Easing restrictions and a subsequent rise in vaccination rates brought much of the lost labour back into th.....
Should investors be wary of North Korea's crypto crimes?
January 20, 2022 01:53 PM AEDT| By Aditi SahaHighlights Some governments entered the crypto industry with nefarious motives, knowing the flaws. North Korea is the country responsible for laundering stolen assets from the cryptocurrency industry. North Korea utilise those funds to support.....
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US stocks edge lower as technology, financial sectors slip
January 20, 2022 08:35 AM AEDT| By Rupam RoyBenchmark US indices drifted lower at the close on Wednesday, January 19, dragged down by losses in technology and financial sectors amid a choppy trading session. The S&P 500 was down 0.97% to 4,532.76. The Dow Jones fell 0.96% to 35,028.65. Th...
US housing starts rise 1.4% in December despite cost, supply troubles
January 20, 2022 07:17 AM AEDT| By Sanjeeb BaruahHighlights Supply problems and labor shortages have slowed down construction. The Commerce data showed housing starts increased by 1.4% to a seasonally adjusted 1.702 million units last month, the highest level since March. Housing starts fo.....
Sony loses US$20 bn in market value after Microsoft-Activision deal
January 20, 2022 05:57 AM AEDT| By Sanjeeb BaruahHighlights Sony and Microsoft are top competitors in the gaming industry. Microsoft’s big-ticket purchase is expected to unleash a fierce rivalry between the two. Microsoft’s Xbox console is a direct competitor to Sony’s Play.....
Hedera (HBAR) crypto price skyrocketed 156% in a year; learn more
January 20, 2022 05:07 AM AEDT| By Rupam RoyThe Hedera (HBAR) crypto token gained traction on Wednesday, pushing its price up by over 2%. However, its 24-hour trading volume was down around 8% on Wednesday morning. What is Hedera (HBAR)? Hedera is one of the most used, stable, and enterpri.....
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Thousands of flights disrupted worldwide amid US 5G rollout
January 20, 2022 04:59 AM AEDT| By Sanjeeb BaruahHighlights Experts said the new 5G networks use a radio segment close to the one used by radio altimeters in an aircraft to measure a flight's altitude, which helps pilots land in low visibility. The US Federal Communications Commission sets a.....
AI on the Rise: A Look at Top AI Companies and Their Stocks