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3 stocks to keep an eye on amid mortgage approvals slump
February 02, 2023 12:44 AM AEDT| By Manu Shankar• The mortgage borrowings in the UK have fallen to around 35,600 in December. • In September, mortgage rates had touched a peak of 6.65%, before resting at around 5% in recent months.
3 FTSE-listed stocks to watch as UK grocery bills hit the roof
February 01, 2023 01:52 PM AEDT| By Manu ShankarAccording to Kantar, the overall grocery prices were up 16% year-on-year basis in January. The latest findings are expected to add an extra £788 to their annual shopping bills.
3 FTSE-listed stocks to explore amid UK economy contraction warnings
January 31, 2023 08:46 PM AEDT| By Manu ShankarThe IMF downgraded Britain’s GDP forecast, predicting that UK’s economy could witness a contraction of 0.6% against the 0.3% growth last October. The contraction outlook in the GDP this year leaves Britain behind other G7 nations.
Banking stocks to explore as BoE ponders increasing interest rate
January 30, 2023 10:04 PM AEDT| By Manu Shankar• The Bank of England could raise the interest rates to 4%. • Currently, the interest rates sit at 3.5%. • It is anticipated that BoE may further increase the interest rates pushing it to 4.5% in March.
Glancing at powerful passports of 2023
January 17, 2023 12:11 PM AEDT| By Team Kalkine MediaHighlights:,Henley Passport Index (HPI) is released by Henley and Partners.,Only 6% of the countries around the globe provide access to more than 70% of the global economy to their passport holders.,Japanese passport has the highest HPI in the world....
Are NFTs taxable in Australia?
January 16, 2023 06:03 PM AEDT| By Ankit SethiIn some countries, the tax implications of crypto assets is a hazy subject, but not in Australia. Assets, including NFTs, attract a CGT levy, and the ATO mandates proper record-keeping.
SAS CERENERGY® battery transforming Altech Chemicals (ASX:ATC) into battery energy company
January 13, 2023 03:15 PM AEDT| By Ankur JaiswalHighlights:,Altech recently proposed a change of its name from Altech Chemicals Limited to Altech Batteries Limited.,Altech believes that the new name represents the Company’s transition to a battery energy company.,Altech has entered into a Joint Ve...
Can you withdraw cryptocurrency in Australia?
January 13, 2023 02:44 PM AEDT| By Ankit SethiCryptocurrency assets can be liquidated in Australia using intermediaries’ services like an exchange or an ATM provider.
Altech Chemicals (ASX:ATC) to be renamed as Altech Batteries Limited
January 13, 2023 09:44 AM AEDT| By Ankur JaiswalHighlights:,Altech Chemicals’ (ASX:ATC) Board has proposed to change the company’s name change to Altech Batteries Limited.,The company will retain its ASX ticker code ‘ATC’.,Altech is undergoing transition, and the new name perfectly captures its fu...
Are NFTs available in Australia?
January 12, 2023 01:42 PM AEDT| By Ankit SethiNFT assets are available in Australia, but there is a possibility that a particular asset like CryptoPunks might not be listed on all exchanges.
Who invented Bitcoin and why?
January 11, 2023 04:55 PM AEDT| By Ankit SethiInvented by Satoshi Nakamoto, the purpose of Bitcoin was to be developed as an ‘electronic cash system’
Stocks to watch ahead of reduction in business energy bill support
January 11, 2023 04:19 PM AEDT| By Rishika RainaThe government will offer businesses with “transitional support” worth £5.5 billion for over a year from 1 April 2023.
Is Dogecoin available in Australia?
January 10, 2023 06:22 PM AEDT| By Ankit SethiDogecoin, considered the world’s first joke or meme crypto, is available in Australia.
Is there a legal way to avoid tax on cryptocurrencies in Australia?
January 09, 2023 03:18 PM AEDT| By Ankit SethiTax is due when a CGT event arises. CGT is not levied when donating a crypto asset to a DGR.
Energy stocks to watch in Q1 2023
January 06, 2023 09:00 PM AEDT| By Abhishek SharmaHighlights:,Energy bills for average UK households almost doubled between November 2021 and November 2022.,In November 2021, this average household energy bill stood at £1,277, £1,223 lower than in November 2022.,Energy bills have risen by a signific...
Is it possible for Bitcoin to drop to zero?
January 06, 2023 06:33 PM AEDT| By Ankit SethiBitcoin essentially derives value from backers who continue to believe that the cryptocurrency can one day find broader utility. Any severe blow to this belief can trigger heavy losses in value.
Crypto winter of 2022 and the road ahead
January 06, 2023 10:52 AM AEDT| By Ankit SethiThere are speculations that Bitcoin and altcoins might bounce back and fears that values may drop even further given the atmosphere of high interest rates.
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Three automobile stocks to keep an eye on in January
January 06, 2023 12:48 AM AEDT| By Rishika RainaSales of electric vehicles (EVs) in the UK have spiked to record-high levels, even though supply chain issues have driven the overall new car sales to their minimum in three decades.
Can Bitcoin work offline?
January 05, 2023 02:15 PM AEDT| By Ankit SethiFor now, no Bitcoin transfers can be made without recording changes in the underlying blockchain network, for which internet connectivity is a must.
Three stocks to explore as the UK manufacturing sector worsens
January 04, 2023 11:29 PM AEDT| By Rishika Rainalatest survey results released on Tuesday have unveiled that the slump in the country's manufacturing sector got worse in December
