News
Is Australia’s fuel supply a ‘national security problem’?
April 27, 2022 12:51 PM AEST| By Toshiva JainHighlights Australia heavily depends on fuel imports to meet its domestic energy demands. According to recent reports, Australia has merely days of fuel storage left. The country’s transportation requires most of fuel supply; thus, Aussi.....
Invictus Energy (ASX:IVZ) receives farm-in offers, Mukuyu-1 wellpad construction begins
April 27, 2022 12:15 PM AEST| By SukritiHighlights Invictus Energy Limited (ASX:IVZ) has received three farm-in offers for Cabora Bassa Project. Mukuyu-1 (formerly named Muzarabani-1) wellpad construction has commenced. Mukuyu-1 well will test multiple stacked targets within the gre.....
Zenith Minerals (ASX:ZNC) secures new potash brine project in WA
April 27, 2022 12:03 PM AEST| By AkshayHighlights Zenith has secured the Yalgoo potash brine project via three 100%-owned exploration licences. Electromagnetic data modelling has defined a series of conductive layers (50km long by 15km wide) extending from the surface to over 95m de.....
NVX, ALD, MNS: How are these EV stocks faring on ASX?
April 27, 2022 11:30 AM AEST| By Bhawna GuptaElectric vehicles (EVs) have been at the forefront of the automobile industry's efforts to become more environmentally friendly. Governments across the world are also providing a range of incentives for automakers and customers to make the switch .....
Invion (ASX:IVX) ends March quarter with notable progress in PhotosoftTM technology
April 27, 2022 10:09 AM AEST| By Aditi SarkarHighlights Invion remains focused on advancing PhotosoftTM technology to treat a variety of cancers, atherosclerosis, and infectious diseases. Studies comparing INV043 (the Company’s latest API) with immunotherapies are being carrie.....
Beam (ASX:BCC) delivers strong Q3 with surge in sales receipts and dynamic ZOLEO subscription growth
April 27, 2022 09:45 AM AEST| By ManishaHighlights Beam Communications has delivered another solid quarter of growth The Company clocked an increase of 55% in customer receipts for the March quarter. The demand for ZOLEO devices is reaccelerating following COVID-19 disruptions.....
ASX 200 to extend weakness; NASDAQ tumbles 4%; oil prices rebound
April 27, 2022 07:53 AM AEST| By AshishHighlights The Australian share market is likely to open lower on Wednesday. According to the latest SPI futures, the ASX 200 is expected to open 110 points or 1.5% lower. On Wall Street, the Dow Jones fell 2.4%, the S&P 500 drop...
US stocks retreat ahead of big earnings; TSLA, GE, UPS decline
April 26, 2022 01:54 PM PDT| By Rupam RoyWall Street’s main indices edged lower on Tuesday, April 26, ahead of the earnings of big companies like Microsoft and Alphabet as investors weighed the risks of slow growth and higher interest rates. The S&P 500 was down 2.81% to 4,175.20...
GMT and FITFI cryptos: Is move-to-earn the next big thing?
April 27, 2022 04:58 AM AEST| By Rupam RoyHighlights: STEPN (GMT) crypto returned over 2083% gains YTD. The GMT token reached its all-time high on April 20, 2022. Step App (FITFI) announced various listing updates. The crypto space has emerged various trends in the market while p.....
Why is metaverse-based Plutonians (PLD) crypto rallying?
April 27, 2022 03:42 AM AEST| By Rupam RoyHighlights: Plutonians is a new role-playing game built on the Solana blockchain The game's framework intends to bring together the Web2 multiplayer universe and Web3-enabled virtual reality (VR) metaverse. It provided gains of over 67% since .....
Why is Bancor (BNT) protocol gaining attention?
April 27, 2022 03:23 AM AEST| By Versha JainHighlights Bancor (BNT) is a decentralized trading protocol. BNT token got listed on the Binance US crypto exchange on April 25. BNT has an elastic supply, and the protocol mints and burns tokens to maintain the liquidity levels in the p.....
Why The Graph (GRT) crypto rising?
April 27, 2022 01:44 AM AEST| By Versha JainHighlights The Graph (GRT) is a decentralized protocol for indexing and querying for blockchain networks like Ethereum and IPES. GRT is an ERC-20 token on the Ethereum blockchain used to allocate resources in the network. Graph is organi.....
Oasis Network (ROSE) crypto: Why is it grabbing eyeballs?
April 27, 2022 12:39 AM AEST| By Manu ShankarHighlights Oasis Network (ROSE) is primarily a privacy-enabled and scalable Layer-1 blockchain network deemed to provide the foundation for Web3. The Oasis Network believes that to propel Web3 forward, it's critical to take it from the level of.....
3 reasons why cryptos could be crashing
April 27, 2022 12:00 AM AEST| By Ankit SethiHighlights The Fed is expected to raise interest rates more sharply than previously expected by analysts Russia, the IMF has recently noted, may use crypto mining as a way to avoid Western sanctions CoinMarketCap now tracks more than 19,000 cryp...
ApeCoin keeps rising on metaverse update. Will it reach new highs?
April 26, 2022 10:49 PM AEST| By Raza NaqviHighlights The Ethereum-based ApeCoin token is the native token of the Bored Ape Yacht Club (BAYC) ecosystem. At the time of drafting this article, the price of the ApeCoin crypto was up about five per cent over the previous day. The total and.....
5 recent developments you may want to know about the UK economy
April 26, 2022 10:23 PM AEST| By Rishika RainaHighlights Retail and manufacturing costs have been soaring lately in the UK, resulting in higher prices for customers. Labour has recently warned that an annual increase of £10 billion in annual petrol and diesel costs is ahead of Briton.....
Jitters about China & interest rate rises make ASX 200 finish 2.1% lower
April 26, 2022 08:01 PM AEST| By SukritiHighlights Today, ASX 200 dropped 2.1%, or 155.3 points, to 7318. There were heavy losses across energy and materials sectors in response to falling commodity prices. Fears about new coronavirus lockdowns in China are impacting markets, and pr.....
SILUMINA ANODESTM Project takes next step in EV development
April 26, 2022 07:45 PM AEST| By Nitish KumarHighlights Inclusion of silicon in graphite anode could increase the energy capacity of batteries but possesses technical challenges. An Australian company has made the breakthrough and is in process of constructing a silicon graphite battery a.....
Shree Minerals (ASX:SHH) wraps up RC Drilling program at Rock Lodge
April 26, 2022 07:26 PM AEST| By Arpit VermaHighlights Shree Minerals has completed an RC drilling campaign in Exploration Licence 9155, NSW. The program was intended to test gold soil and Induced Polarisation (IP) chargeability anomalies at the northern and southern target areas at Rock.....
HUM, ZIP, SZL, DOU: Look at the performance of these BNPL stocks
April 26, 2022 07:20 PM AEST| By Sukriti NairHighlights Australian stocks fell 2.08% lower on Tuesday (26 April). Financials index closed 0.887% lower with EML being the top loser on ASX. BNPL (Buy Now Pay Later) stocks under the financial sector also traded in red. Australian indic...
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