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3AC crypto hedge fund insolvent? Do crypto investors need to worry?
June 15, 2022 06:52 PM AEST| By Raza NaqviAs the cryptocurrency market continues to crash, some reports of a crypto-focused hedge fund going bankrupt have sent shock waves among crypto enthusiasts. On Tuesday, it was reported that Singapore-based Three Arrows Capital (3AC) could have becom.....
Why sending parcels may cost Aussies more?
June 15, 2022 06:31 PM AEST| By Akanksha VashishtHighlights Postal service providers, including Australia Post, have announced massive bumps to their surcharge fees. High fuel and transportation costs emanating from Russia-Ukraine war have made things tougher for postal service providers. Th.....
A2M, BGA, AHF, BUB: ASX 200 Dairy stocks in focus today
June 15, 2022 06:18 PM AEST| By RitwikaThe S&P/ASX 200 Consumer Staples sector (ASX:XSJ) closed 0.642% lower at 12299.00 on the ASX today. This article primarily focuses on the performance of four leading dairy stocks from the ASX 200 Consumer Staples sector- A2 Milk, Bega Cheese, .....
AX1, TNE, BOQ, GQG, TLS: Why were these ASX shares in news today?
June 15, 2022 05:47 PM AEST| By Bhawna GuptaAustralian equities opened in red on Wednesday (15 June), extending yesterday's selloff with the benchmark ASX 200 index closing 1.27% down at 6,601.00 points today. However, many investors gravitate to ASX dividend shares during times of growing .....
Fair Work Commission’s minimum wages decision: Key takeaways
June 15, 2022 05:15 PM AEST| By Akanksha VashishtAustralia’s Fair Work Commission (FWC) has announced a higher-than-expected hike in minimum wages on June 15. An annual wage hike of 5.2% has been declared, which is at par with the annual inflation rate of 5.1%. The move is expected to offer.....
What’s on the cards for cryptocurrencies? End of the road or new start?
June 15, 2022 03:51 PM AEST| By Ankit SethiThe crypto market is reeling from multiple jolts. The total market cap has dropped below US$1 trillion, which suggests the bloodbath has gripped virtually all cryptoassets. This sordid state of affairs has prompted many crypto enthusiasts to wonde.....
ORG, GNE, MCY, IFT: Why are investors focusing on renewable energy stocks?
June 15, 2022 02:26 PM AEST| By Priyanka PayalPeople across the globe are taking steps aimed at switching from non-renewable to renewable sources of energy. With environmental awareness and decarbonisation initiatives by major global economies, renewable energy sources, like solar, wind, and h.....
Calima Energy (ASX:CE1) spuds second well at Brooks for June quarter
June 15, 2022 02:07 PM AEST| By Nitish KumarCanada-focused oil & gas producer Calima Energy Limited (ASX:CE1|OTCQB:CLMEF) has spudded Gemini #9, the second well as part of the ongoing four-well drilling campaign in the Brooks area of Alberta. The Gemini #9 well was spudded on 12 J.....
Global Health (ASX: GLH) ups growth momentum with two major contracts
June 15, 2022 02:00 PM AEST| By Aditi SarkarAustralian healthcare software provider Global Health Limited (ASX: GLH) has strengthened its sales pipeline by securing two major contracts. The contracts have been signed with Homeless Healthcare and Peninsula Health for executing a range of Mast.....
Crypto Catch: Two crypto exchanges layoff a fifth of their staff
June 15, 2022 01:24 PM AEST| By Daniel Paul JohnsHighlights Employees of leading crypto exchange, Coinbase, will learn their fate later today in an e-mail, according to chief executive, Brian Armstrong Meanwhile BlockFi, which is a smaller company than Coinbase, announced on Monday, a twenty .....
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Fantom (FTM) crypto: Things you need to know before buying it
June 15, 2022 01:17 PM AEST| By Jasmine AnandThe global cryptocurrency market continued to be in the red zone as bearish market sentiments remained in the picture. Today, at the time of writing, the global crypto market cap fell to US$976 billion, a 4.3% rise over the past 24 hours. Major cr.....
NeuroScientific (ASX:NSB) share price soars 23%; Here’s why
June 15, 2022 01:13 PM AEST| By Aditi SarkarHighlights NeuroScientific has received positive preliminary results from a study of its lead drug candidate EMTINB™ on multiple sclerosis. Mice treated with 10mg/kg and 20mg/kg doses of EmtinB™ constantly reached lower clinical sco.....
Aspire Mining (ASX:AKM) unlocking high-grade potential of Ovoot coking coal project
June 15, 2022 12:26 PM AEST| By Nitish KumarHighlights Aspire Mining is leaving no stone unturned to develop its world-class Ovoot Coking Coal Project in Mongolia. The company is planning open-pit mining on the project, which holds a reserve of 255Mt. High washing yield and caking &.....
ASX 200 extends fall amid concerns over aggressive rate hikes
June 15, 2022 12:15 PM AEST| By Priyanka PayalAustralian equities opened lower on Wednesday (15 June), extending yesterday’s brutal selloff as market participants are now speculating an aggressive rate tightening path in Australia. The benchmark ASX 200 index was down 0.39% at 6,659.60 p.....
Rari Governance Token price up 100%: Why is RGT crypto gaining?
June 15, 2022 11:38 AM AEST| By Ankit SethiHighlights Bitcoin is now under US$22,000, after having lost more than 3% over the past one day Rari Governance Token, however, has defied the wider bearish phase and is up almost 100% The RGT token allows the users of Rari Capital to decide o.....
FLT, BET, NAN, PNV, APX: Five most shorted shares on ASX 200
June 15, 2022 11:18 AM AEST| By AshishHighlights Investors track short interest levels of various stocks. The ASIC publishes these short position reports on a daily basis. A company is said to be facing some challenges in case the short interest level of a stock is high....
Why are job seekers worried about new point-based system to receive JobSeeker payment?
June 15, 2022 11:05 AM AEST| By Akanksha VashishtMajor changes have been recently announced to Centrelink’s Jobseeker program, bringing a new wave of concern for Aussies. The new Points Based Activation System (PBAS) will soon be introduced for the workforce, which will replace the existing.....
Calima Energy (ASX:CE1) outlines key initiatives in inaugural ESG Report
June 15, 2022 10:16 AM AEST| By Nitish KumarHighlights Calima Energy has unveiled its inaugural 2021 Sustainability Report. The Company has adopted eight Sustainable Development Goals from the United Nations’ list of 17 Sustainable Development Goals. The Company has established an.....
ASX 200 to open lower; investors await Fed’s rate decision
June 15, 2022 07:57 AM AEST| By AshishHighlights The Australian share market is likely to extend losses on Wednesday. According to the latest SPI futures, the ASX 200 is expected to open 60 points or 0.9% lower. On Wall Street, the Dow Jones fell 0.5% and the S&P 500...
Wall Street ends mixed, Nasdaq recovers after rate jolt; FDX, ORCL rise
June 14, 2022 01:55 PM PDT| By Rupam RoyWall Street’s main indices closed mixed on Tuesday, June 14, after Nasdaq recovered from an initial slide as the central bank officials assembled to discuss a new rate plan at their monthly policy conclave. The S&P 500 fell 0.38% to 3,735....
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