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How do high interest rates bring down inflation?
May 18, 2022 01:59 PM AEST| By Akanksha VashishtHighlights Inflation eats away at the value of money and reduces the overall economic progress made over time. Interest rates are key economic tools used by central bankers to weaken or, in some cases, accelerate inflation. Central banks aim f.....
Crypto Catch: Analyst claims Ethereum may lose 80% of its value
May 18, 2022 01:55 PM AEST| By Daniel Paul JohnsAn expert crypto analyst has made the startling claim that second largest cryptocurrency, Ethereum, might lose a further 80 percent of its value in the near future. Ethereum has had a tough go at it in the last several months, losing 60 percent of.....
Can Deep Yellow (ASX:DYL) be a game changer in the uranium market?
May 18, 2022 01:34 PM AEST| By Nitish KumarHighlights Nuclear power development is heating up spurred by climate change fears and movement away from fossil fuel dependency due to growing carbon emission concerns. Due to a long period of low-price environment, several uranium projects we.....
Imugene achieves new milestone: First patient dosed in Phase 1 trial of VAXINIA
May 18, 2022 01:28 PM AEST| By DaminiHighlights Imugene Limited (ASX:IMU) and City of Hope have announced the dosing of the first patient in the Phase 1 trial of VAXINIA. The clinical trial aims to test the cancer-killing oncolytic virus CF33-hNIS against advanced solid tumors. V...
Federal election: Bulldozer leadership ‘served Australia well’, says Morrison
May 18, 2022 01:19 PM AEST| By Bhawna GuptaDespite Australia's pandemic death rate approaching 8000, Prime Minister Scott Morrison used his self-description as a "bulldozer" to defend his record on COVID, saying it served the country well. Morrison is campaigning in suburban Geelong today,.....
C29 Metals (ASX:C29) hits ‘promising’ skarn mineralisation at Reedy Creek
May 18, 2022 01:04 PM AEST| By Nitish KumarHighlights C29 Metals has received the assay results from the final three diamond holes drilled under the seven-hole program at the Reedy Creek Project. The assay results indicate skarn mineralisation extension containing significant amount of...
Is NZ’s Budget 2022 going to be a `Well-Being’ one?
May 18, 2022 12:50 PM AEST| By ManikaHighlights The NZ Federal Budget for 2022 has been positioned as a `Well-Being’ Budget The Finance Minister faces a tough challenge to bring together a Budget when inflation is at a new high Due to many challenges, the FM will have to do.....
PL8, FGG: These 2 ASX investment firms to pay dividend in May 2022
May 18, 2022 11:56 AM AEST| By Bhawna GuptaHighlights Ordinary shareholders of dividend-paying companies are usually eligible to get the dividend if they own the shares before the ex-dividend date. The ex-dividend date of a stock is the first day on which it trades without the subsequen.....
US stocks rise after strong retail sales data; Citigroup, HD, UAL surge
May 17, 2022 02:20 PM PDT| By Rupam RoyBenchmark US indices edged higher on Tuesday, May 17, lifted by gains in technology, retail, and bank stocks after strong retail sales data eased investors' concerns over a slow economic growth. The S&P 500 rose 2.02% to 4,088.85. The Dow Jones...
What’s the buzz around climate change as Australia’s election draws closer?
May 18, 2022 03:53 AM AEST| By Akanksha VashishtHighlights Recent polls have suggested that climate change is one of the top three concerns among voters. Australia’s temperature has substantially risen over time, reflecting the impact of climate change. Political parties have sensed t...
What is IOTA (MIOTA) crypto and why is it rising?
May 18, 2022 03:20 AM AEST| By Versha JainHighlights IOTA (MIOTA) is a distributed ledger launched in 2016. The distributed ledger charges no fees and intends to provide limitless throughput at the minimum expense. On May 17, it announced that hardware is planned for produ.....
Why is IDEX (IDEX) crypto up over 122%?
May 18, 2022 01:54 AM AEST| By Rupam RoyHighlights: Idex is a hybrid liquidity decentralized exchange (DEX) that functions as an order book and an automated market maker (AMM). The token is available for trading on exchanges like Binance, Uniswap V2, etc. It returned over 20% gains .....
Why is Decentralized Social (DESO) crypto drawing attention?
May 18, 2022 12:41 AM AEST| By Rupam RoyHighlights: The DeSo blockchain claims to power the Web 3.0 decentralized social networks. The DESO token can be traded on exchanges like Coinbase, CoinEx, etc. DESO coin saw the highest price of US$43.88 in the last 30 days. The crypto m.....
Is Digital Euro’s launch on the cards?
May 18, 2022 12:33 AM AEST| By Manu ShankarHighlights ECB is geared to launch the Digital Euro in the next four years by 2026. In a speech, Fabio Panetta, an executive member of the European Central Bank, said that ECB could perhaps lay the groundwork for the possible digital euro for t.....
Why this Japanese Bitcoin is on a hot streak in crypto market?
May 18, 2022 12:29 AM AEST| By Manu ShankarHighlights The JasmyCoin (JASMY), also dubbed the Japanese Bitcoin, is an IoT platform, which aims to offer infrastructure that allows seamless data transfer safely and securely. Built on the Ethereum blockchain network, the JASMY crypto aims t.....
What is Songbird (SGB) crypto and why did it zoom 76%?
May 17, 2022 11:30 PM AEST| By Versha JainHighlights Songbird is the canary network for Flare. Flare, a distributed network, enables secure interoperability between chains by integrating with the Ethereum Virtual Machine (EVM). The Songbird (SGB) token has a current market capitalizat.....
Bitcoin at $30,000: What does 5-year historical price data indicate?
May 17, 2022 09:56 PM AEST| By Ankit SethiHighlights Prices of altcoins like ETH have largely mirrored the price trend of BTC in 2022, which shows correlation BTC has the biggest share in the total market cap of cryptoverse, which is often referred to as its dominance Bitcoin price ha.....
RIO, BHP, FMG: 3 ASX-listed mining stocks with best dividend yield
May 17, 2022 06:37 PM AEST| By Priyanka PayalHighlights The S&P/ASX 300 Metals and Mining Index (ASX:XMM) was up 1.310% at 5606.100 points at 3:58 PM AEST today. The shares of major miners Rio Tinto, BHP Group Limited, and Fortescue Metals Group Limited traded in the green on Tuesday....
TPG, SEK, DXS: Why did these ASX stocks remained in news today?
May 17, 2022 06:25 PM AEST| By Bhawna GuptaHighlights The S&P/ASX 50 Index closed at 6,945.30, up 0.20% or 14.00 points today. ASX 200 Index was also 0.27% higher and closed at 7,112.50 points. The S&P/ASX 50 Index is a market capitalisation weighted and float-adjusted inde...
WHC, BPT, NHC: Take a look at performance of these energy stocks
May 17, 2022 05:52 PM AEST| By Sukriti NairHighlights Australian stocks continue yesterday's gains, adding another 0.27% today (17 May). The energy sector leads gains, closing over 2.02% above the previous close. Three energy sector gainers are Whitehaven Coal, Beach Energy and New Hop.....
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