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Invictus Energy raises AU$12m for Mukuyu Target drilling
May 23, 2022 04:21 PM AEST| By Toshiva JainHighlights Invictus Energy Limited (ASX:IVZ) has raised AU$12 million through the private placement of shares at AU$0.20 per share. Funding will be dedicated to the progress of drilling of the Mukuyu prospect, planned in July – August CY2.....
What lies ahead for Imugene Limited (ASX:IMU) in 2022?
May 23, 2022 03:54 PM AEST| By DaminiHighlights Imugene Limited (ASX:IMU) remains in the top three largest biotech companies in Australia today. The Company looks forward to achieving a range of milestones in the rest of 2022. With A$100 million in cash, it is one of the most fin.....
Why is MarsRise (MARSRISE) crypto skyrocketing over 250% today?
May 23, 2022 03:52 PM AEST| By Sonal GoyalCrypto investors finally got some sigh of relief on Monday (23 May) as the market witnessed some pull back. In this year so far, there has been a huge drop in the crypto market capitalisation, maybe because of the liquidity tightening happening ...
Labor leader Anthony Albanese takes oath as Australia’s 31st PM
May 23, 2022 03:05 PM AEST| By Bhawna GuptaHighlights Anthony Albanese, the leader of Australia's Labor Party, was sworn in as the country's 31st Prime Minister. Penny Wong, a South Australian senator, was appointed as Australia's foreign minister. Jim Chalmers of Queensland was sworn...
Wide Open Agriculture (ASX:WOA) shares soar 26% on MNA supply agreement
May 23, 2022 02:44 PM AEST| By Aditi SarkarHighlights WOA has signed its first third-party agreement for Buntine Protein™. MNA is expected to purchase about 60% of total production of Buntine Protein™ from WOA's expanded pilot production facility over a two-year period. Bun.....
Crypto Catch: Tether struggles as fund withdrawals continue
May 23, 2022 02:09 PM AEST| By Daniel Paul JohnsHighlights Stablecoin Tether’s woes have continued from last week with massive withdrawals across the network According to public blockchain records, US$1 billion worth of tether was redeemed just after midnight on Saturday Bitcoin grew .....
Top 5 costliest NFTs ever sold
May 23, 2022 02:01 PM AEST| By Ankit SethiHighlights Beeple, Pak, CryptoPunks, and BAYC are some notable names in the NFT verse Pak’s Merge was reported to have sold for a whopping US$91.8 million in December 2021 Single sellers have bid heavily for Beeple and Pak artwor.....
BTC and S&P 500 Index correlation over past 5 years
May 23, 2022 02:01 PM AEST| By Ankit SethiHighlights BTC and S&P 500 Index price trajectory was same, but BTC’s growth or fall was very sharp BTC can be considered hyper-volatile and such assets are often avoided by risk-averse investors This year, BTC is down and so.....
Tesla, KIA, Hyundai, Nissan: 4 EV stocks Kiwis can look forward to in 2022
May 23, 2022 01:42 PM AEST| By ManikaHighlights Electric vehicles are going to witness an increased demand with new ERP ERP sets out a target of a 30% increase in zero-emissions vehicles of the light fleet Hyundai and Kia have announced plans to increase their spending on EVs to .....
Vic Wide Tyre Service acquisition steers RPM Automotive (ASX:RPM) on fast-growth track
May 23, 2022 01:17 PM AEST| By ManishaHighlights RPM Automotive Group is a prominent player in the Australian automotive aftermarket. The ASX-listed firm has completed 100% acquisition of Vic Wide Tyre Service. The acquisition is expected to be immediately value and earnings per s.....
Vic Wide Tyre Service acquisition steers RPM Automotive (ASX:RPM) on fast-growth track
May 23, 2022 01:11 PM AEST| By ManishaHighlights RPM Automotive Group is a prominent player in the Australian automotive aftermarket. The ASX-listed firm has completed 100% acquisition of Vic Wide Tyre Service. The acquisition is expected to be immediately value and earnings per s...
ASX 200 edges higher; Codan, Elders lead gains
May 23, 2022 12:39 PM AEST| By Priyanka PayalHighlights The Australian equity markets opened on a positive note today. In the initial few minutes of trading, the benchmark index ASX 200 was up 0.27% at 7,164.90 points. Seven of 11 sectors traded higher today, with the Materials sector le.....
VRX Silica (ASX:VRX) purchases two key pieces of plant equipment for Arrowsmith North
May 23, 2022 11:11 AM AEST| By DaminiHighlights VRX Silica Limited (ASX:VRX) has recently secured key plant equipment for Arrowsmith North Project. The Company has purchased a second-hand feed trommel and a vibrating screen, which are being refurbished. VRX Silica expects the six.....
What makes Carbonxt’s (ASX:CG1) HydRestor™ technology ideal for water treatment
May 23, 2022 10:31 AM AEST| By ManishaHighlights Carbonxt is a renowned cleantech firm providing environmental solutions with high-performance products. Carbonxt’s HydRestorTM technology is designed to reduce nutrient loading in water and reduce phosphorus concentrations. Th.....
Why Control Bionics’ (ASX:CBL) UNO Touch device points to a bright future
May 23, 2022 10:26 AM AEST| By ManishaHighlights Control Bionics has a range of speech-generating devices letting people with complex communication disabilities live life more confidently. UNO Touch is a new AAC solution built for better mobility with a wireless speaker and a shoul.....
ASX 200 to fall after election result; Elders’ earnings today
May 23, 2022 08:09 AM AEST| By AshishHighlights Australian share market is expected to start the week on a muted note. According to the latest SPI futures, the ASX 200 is likely to open 15 points or 0.2% lower. On Wall Street, the Dow Jones was flat, the S&P 500 was...
Labor win: Here’s what Australian investors can expect?
May 22, 2022 04:44 AM AEST| By Khushboo JoshiFor the first time since 2013, Labor Party is all set to take the centerstage after Aussie voters ousted Prime Minister Scott Morrison’s conservative coalition government. Labor party leader Anthony Albanese will become the next pr...
Federal elections: Scott Morrison concedes defeat, to stand down as Liberal party leader
May 22, 2022 01:29 AM AEST| By Khushboo JoshiHighlights Morrison has stated on Saturday evening that he has ‘accepted’ defeat in the federal elections. Morrison was fighting the elections against Labor party leader Anthony Albanese. Headed by Scott Morrsion, the Liberal-natio...
How is Australia planning to meet its emissions target?
May 22, 2022 12:25 AM AEST| By Arpit VermaHighlights Nearly 90% of Australia's total energy consumption is catered by fossil fuels. Globally, Australia holds 13th position on an annual emitter per capita basis, ahead of the United States and Canada. Various industries in the region ar...
Why is China moving against the tide in terms of interest rate changes?
May 22, 2022 12:15 AM AEST| By Akanksha VashishtHighlights China’s government has initiated country-wide lockdowns as rising COVID cases spark concerns. Lockdowns across the country have landed major businesses in losses, resulting in shipment delays. The Chinese central bank has rece...
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