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Australia set to upgrade its climate ambitions; How it plans to fulfil them
June 17, 2022 11:02 AM AEST| By Akanksha VashishtHighlights Australia has recently signed a new carbon emissions target to boost its action on climate change. The new government has committed to a 43% reduction in the country’s emissions by 2030. It seems crucial for businesses to inve.....
ASX 200 to fall 2% at open; Wall Street tumbles, NASDAQ down 4%
June 17, 2022 07:54 AM AEST| By AshishHighlights The Australian share market is likely to end the week in the red. According to the latest SPI futures, the ASX 200 is expected to open 130 points or 2% lower on Friday. In the US, the Dow Jones was down 2.4%, the S&P 5...
Binance’s US$200 mn Forbes deal uncertain as investors pour cold water
June 17, 2022 05:11 AM AEST| By Mridul GogoiHighlights: Binance's deal to invest US$200 million in Forbes went into limbo after the latter's SPAC plan collapsed. Forbes' investors voted against its plans to go public. Another deal Binance pledged to put money in, Musk's Twitter buyout, .....
Blockchain bridge-maker ICON (ICX) crypto soars after KuCoin listing
June 17, 2022 04:22 AM AEST| By Versha JainThe ICON (ICX) blockchain crypto is now listed on the KuCoin crypto exchange, supported by trading pairs ICX/USDT and ICX/ETH. Deposit services are open from Thursday, but trading will start from 10:00 UTC on June 17 and withdrawals from 10:00 UTC .....
Is Solar (SXP) crypto rising on Kraken listing news?
June 17, 2022 02:01 AM AEST| By Rupam RoyThe SXP coin gained more than 6% on Thursday morning after listing on the Kraken crypto exchange. Its trading volume also rose 24% in the last 24 hours. In a break from the recent brutal selloffs, the crypto market cap climbed a modest 0.49% to US.....
How high can Elrond (EGLD) crypto go after its Kraken listing?
June 17, 2022 12:54 AM AEST| By Manu ShankarElrond (EGLD) crypto is a Binance Smart Chart protocol that offers fast transaction solutions using the sharding technique. Founded in 2019, the EGLD token is set to execute 15,000 transactions per second at a mere cost of US$0.001. The Elrond cry.....
Why is Solana (SOL) crypto gaining attention?
June 16, 2022 11:41 PM AEST| By Rupam RoyHighlights: Solana is an open-source blockchain project offering ‘permissionless’ services. The SOL token can be traded on Binance, FTX, etc. Its highest price was US$58.04 in the last 30 days. Solana (SOL) crypto jumped more .....
BoE raises interest rates to 1.25%: How will it affect UK inflation?
June 16, 2022 11:02 PM AEST| By Abhishek SharmaHighlights The Bank of England on Thursday announced the fifth consecutive hike in interest rates. The central bank was under pressure to take aggressive steps after the US Federal Reserve announced a 0.75 percentage point hike in the benchmark.....
AVAX crypto soars as teams vie for US$800,000 hackathon rewards
June 16, 2022 11:01 PM AEST| By Versha JainHighlights: Avalanche is a smart contract platform. Its native token AVAX is a hard-capped scarce asset. The token has a market capitalization of US$4.6 million. The Avalanche (AVAX) crypto was trending on Thursday after a series of.....
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Why does ECB want to cap the digital euro at 1.5T tokens?
June 16, 2022 10:02 PM AEST| By Manu ShankarThe concept of central bank digital currency (CBDC) has been floating around for more than a decade now, but unfortunately, no country has still come up with a concrete plan for the launch of digital currency. Though CBDC remains a distant d.....
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Crypto layoffs: What can follow after this?
June 16, 2022 09:20 PM AEST| By Manu ShankarThe crypto markets have been under tremendous pressure of late. With leading crypto spiralling down, the crypto market has gone down to just US$903.38 billion with a trading volume of US$105.83 billion, according to CoinMarketCap, after the recent .....
Forta crypto: All you must know about this cybersecurity token
June 16, 2022 09:13 PM AEST| By Raza NaqviCybersecurity in cryptocurrency is more important than ever, as we have witnessed major hacks recently. Forta, a cybersecurity firm, aims to address this by attempting to create a crypto-first version of centralized cyber organizations such as Crow.....
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Is KNC crypto’s rally here to stay?
June 16, 2022 06:57 PM AEST| By Manu ShankarKyber Network Crystal v2 (KNC) crypto is primarily a multi-blockchain trading and liquidity exchange, which ensures liquidity at best possible rates. The primary goal of the KNC crypto is to ensure that DeFi DApps and DEXs can do instant trades and.....
ASX 200 extends losses as Fed rate hike weakens investor sentiments
June 16, 2022 06:26 PM AEST| By Priyanka PayalHighlights Today, ASX 200 gave up initial gains to close 0.15% lower at 6,591.10 points. Over the last five days, the index has lost 6.11%. Seven of 11 sectors closed lower; A-REIT emerged the best performing sector. Globally, investors are v.....
PLS, SYA, CXO: These ASX mining stocks gained over 50% in last one year
June 16, 2022 06:10 PM AEST| By Bhawna GuptaHighlights ASX 200 Material Index was 0.38% up today and the index closed at 16,913.60 points. Mining companies like Core Lithium, Sayona Mining, and Pilbara closed in green today. Australia's stock market gained on Thursday (June 16), pow.....
GNE, CEN, MEL, VCT: 4 NZX utilities in news amid rising power prices
June 16, 2022 05:44 PM AEST| By SonalHighlights An average NZ household is paying nearly 5% more for electricity in 2022 than a year before. Contact Energy and Meridian released their monthly operating reports for May. Manawa Energy expects EBITDAF between $140 million and $160 .....
WHC, YAL, NHC, ATU: How are rising coal prices impacting these ASX stocks?
June 16, 2022 04:50 PM AEST| By RitwikaHighlights The energy sub-index of ASX was in the green territory today Most of the coal producers have performed significantly well on the ASX over the past one year Coal prices have been on an uptrend and are likely to remain high in the.....
NVX, RNU, SYR, QGL: A look at four ASX-listed graphite stocks
June 16, 2022 04:08 PM AEST| By Priyanka PayalHighlights The benchmark index ASX 200 showed some signs of recovery on Thursday and was up 0.35% at 6,624.30 points at 1:46 PM AEST Renascor Resources Limited shares surged over 14% today after the company reported more high-grade graphite int.....
How Gauff and Murakami NFTs are faring as Bill Gates bashes cryptoassets
June 16, 2022 03:45 PM AEST| By Ankit SethiHighlights Coco Gauff’s NFTs are launched as a part of a wider collection by Autograph, an NFT platform Takashi Murakami, a Japanese artist, has apologised to his NFT holders for “stagnant” prices Bill Gates’ criticism .....
Identitii (ASX:ID8) shares gain over 22% on Rabobank deal
June 16, 2022 03:32 PM AEST| By Aditi SarkarShares of Identitii Limited (ASX:ID8) soared over 22% to AU$0.055 during afternoon trading hours on 16 June 2022. The uplift was triggered by a company update on a licence agreement with Rabobank. Identitii has signed a five-year Software Licence .....
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