News
Focus on renewables, EVs: Inside Albanese govt climate plans
May 28, 2022 12:36 AM AEST| By Nitish KumarHighlights Australia’s newly elected Prime Minister Anthony Albanese has promised a major crackdown on the country’s carbon emissions. In his election campaigns, Albanese highlighted the drawbacks and inability of the previous regim.....
Sunak announces £21bn cost-of-living support package. Is it enough?
May 28, 2022 12:23 AM AEST| By Rishika RainaHighlights Chancellor Rishi Sunak has announced a £15 billion cost-of-living package for struggling UK households. The Treasure will also give away a grant of £400 to every household, taking the total support package to £21bn......
Tether opens up the Latin American market with pesos-pegged stablecoin
May 27, 2022 08:35 PM AEST| By Manu ShankarWhile the stablecoin market has been under the pump for a while now, the gloom hasn’t deterred the world’s leading stablecoin Tether from making its grand entry into Latin America. On 26 May, Tether announced that it would be launching .....
What to expect from the Terra Luna Classic (LUNC) airdrop?
May 27, 2022 08:11 PM AEST| By Manu ShankarThe Terra 2.0 is almost here. As the vote was in favour of the Terra 2.0 reboot on 25 May, there were many action-packed moments the following day. On 27 May, as Terra Classic and its native token Luna and Terra Luna Classic with the new ticker LUN.....
ASX 200 closes 1.08% higher following strong lead on Wall Street
May 27, 2022 06:27 PM AEST| By Sukriti Naircretionary. Closing the week above its 20-day Moving Average (MA), the ASX 200 posted a 1.08% gain today to close at 7,182.70. The Aussie benchmark index has gained about 0.53% in the last five days, though it is still down by 3.51% on a ye...
What is Biotechnology Blueprint? How can it benefit Australia’s biotech sector?
May 27, 2022 06:08 PM AEST| By Aditi SarkarHighlights COVID-19 has been a stark reminder of the fact that biotechnology will be needed in future to face uncertain health crises Australia's biotechnology sector has united to launch the Biotechnology Blueprint: A Decadal Strategy for the .....
Where is Pi Network crypto project heading? All you must know
May 27, 2022 05:54 PM AEST| By Raza NaqviFor the past few years, Pi Network has remained among one of the top cryptocurrency projects. Millions of users are waiting for the Pi crypto to start trading as they are mining the virtual currency but don't know the real value of the Pi coin. Pi.....
Imugene posts another achievement: PD1-Vaxx abstract published at ASCO 2022
May 27, 2022 05:29 PM AEST| By DaminiHighlights Imugene Limited (ASX:IMU) has recently announced the publication of results from its PD1-Vaxx IMPRINTER trial in an abstract at ASCO 2022. The lead author of the abstract is Professor Gary Richardson OAM. PD1-Vaxx is being assessed .....
Tracking price movement of “zero-fee” blockchain Bitgert’s BRISE token
May 27, 2022 05:19 PM AEST| By Team Kalkine MediaHighlights Bitgert’s “zero” gas fee claim could be its biggest highlight in the blockchain network space The BRISE token was launched much later as compared to ETH, arguably its biggest competitor BRISE in 2022 has more or le.....
SYR, RNU, QGL: Look at the performance of these ASX Graphite stocks
May 27, 2022 05:02 PM AEST| By Priyanka PayalHighlights Demand for Graphite is expected to grow to meet the demands of the rapidly expanding EV industry. China, Brazil, Mozambique, Russia, Madagascar, and Ukraine are the top Graphite producing countries in the world. The S&P/ASX 200 .....
What’s in store for Bitcoin in June 2022?
May 27, 2022 04:18 PM AEST| By Team Kalkine MediaHighlights Bitcoin’s subdued phase in 2018 coincided with dull performance of the S&P 500 Index in the same year TerraUSD was one of the factors widely blamed by experts for the fall in Bitcoin price in May 2022 How governments react.....
Will EV demand explode under Labor government?
May 27, 2022 04:05 PM AEST| By Toshiva JainHighlights A majority of Australians say they’d consider buying an electric model as their next car. The Australian Labor Party has formed a “Powering Australia Plan” that aims to make electric vehicles cheaper with an electri.....
Landmark move as WHO agrees to adopt a sustainable financing model
May 27, 2022 04:01 PM AEST| By Aditi SarkarHighlights WHO has come up with a sustainable financing model at the 75th World Health Assembly Member states of WHO have agreed to increase the portion of their contribution to WHO’s budget from 16% to 50% WHO’s portion of income .....
GNE, MEL: 2 green stocks to eye as NZ aims for 100% renewable electricity
May 27, 2022 03:29 PM AEST| By SonalHighlights NZ has set a target of 100% renewable electricity generation by 2030. Genesis has undertaken Future-Gen strategy for NZ’s sustainable future. Meridian has been actively working to increase its renewable development pipeline. .....
Mount Burgess announces capital raising to progress Kihabe-Nxuu Polymetallic Project
May 27, 2022 03:29 PM AEST| By SukritiHighlights Mount Burgess Mining NL (ASX:MTB) announced a capital raising of AU$500,000. The capital raising will be made by way of a placement through issue of 100,000,000 fully paid ordinary shares. Funds will enable Mount Burgess to continue...
Crypto Catch: Terra revival proposal wins supporters' vote
May 27, 2022 03:05 PM AEST| By Daniel Paul JohnsHighlights Supporters of disgraced token Terra Luna have voted to approve a plan for a new blockchain for its luna cryptocurrency, without reviving the failed LUNA’s sister stablecoin terraUSD. While the older collapsed chain will now be...
GMG, LLC, DXS: How are these real estate stocks faring today on ASX?
May 27, 2022 03:04 PM AEST| By Priyanka PayalWith the global rise in construction costs, the construction sector has been facing a challenging situation since the onset of this year. After a few prominent construction companies, including Tasmanian Constructions, Probuild and Condev, collapse.....
Alchemy Resources (ASX:ALY) shares welcome additional pegmatites outcrops at Karonie
May 27, 2022 02:10 PM AEST| By Nitish KumarAlchemy Resources Limited (ASX:ALY) is riding high on its latest update on the identification of a cluster of pegmatites at the Karonie gold project in Western Australia. Further fieldworks on its flagship project have returned additional outcroppi.....
Why Aussies' power bills are set to go through the roof
May 27, 2022 01:13 PM AEST| By Akanksha VashishtRising energy costs have rung alarm bells across Australia, fuelling speculations that power bills are all set to increase in the country. Most Aussies are already facing tough economic conditions, where managing finances has become a herculean tas.....
Race Oncology (ASX:RAC) shares jump on positive Zantrene AML trial results
May 27, 2022 12:52 PM AEST| By Aditi SarkarHighlights Race Oncology has received encouraging results from the first-stage trial of Zantrene in relapsed or refractory Acute Myeloid Leukaemia. The very heavily pre-treated AML patient population has shown encouraging clinical responses. T...
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