News
Crude oil climbs up on positive signs of global economic growth
November 09, 2021 02:58 PM AEDT| By Arpit VermaHighlights Crude oil prices rose on Monday. The significant increase in the prices is due to the robust energy demand and lower supplies. Saudi Arabia on Friday raised the prices of its benchmark crude for Asian customers in December. Cru.....
H20.ai raises US$100 million in Series E funding; key things to know
November 09, 2021 01:28 PM AEDT| By AshishHighlights ai has raised US$100 million in a funding round led by the Commonwealth Bank of Australia (CBA). ai’s platform, the H2O AI Cloud, works with an aim to simplify the work related with machine learning projects. The.....
Commodity wrap-up for the week that was
November 09, 2021 01:02 PM AEDT| By Team Kalkine MediaThe global commodity sector continues to consolidate, resulting in a lower Bloomberg Commodity Index for a third straight week. Various data from several sources, notably from China, point to slow growth expectations and have forced investors to be.....
Will Ethereum, Solana, Polkadot rally continue after all-time highs?
November 09, 2021 10:10 AM AEDT| By Versha JainHighlights The crypto market breached the US$3 trillion mark on Monday, lifted by record gains in digital assets. Altcoins saw the most gains, helping the crypto market rise to record levels. The increased investors’ interest in the mark.....
US stocks close higher as tech, material stocks gain
November 09, 2021 08:49 AM AEDT| By Sanjeeb BaruahBenchmark US indices closed higher on Monday, Nov 8, lifted by gains in basic material and tech stocks and an upbeat economic outlook after lawmakers passed a US$1 trillion infrastructure bill. The S&P 500 was up 0.09% to 4,701.70. The Dow Jones...
FTSE 100 turns positive as Dow marks new record high
November 09, 2021 02:45 AM AEDT| By AbhijeetUS Markets: The three major Wall Street indices started on a positive note on Monday, 8 November, following the corporate earnings euphoria and cheerful jobs data with Dow Industrials registering a fresh record high, while the tech heavy benchmark Na...
Tesla cracks 5% as Twitter poll suggests Yes to Musk's stake sale query
November 09, 2021 01:58 AM AEDT| By AbhijeetHIGHLIGHTS Shares of Tesla declined over 5% in pre-market trades on Monday Nearly 58% of votes on Musk’s Twitter poll have suggest Yes to stake sale Elon Musk collectively owns a 23% stake in Tesla Shares of Tesla Inc (NASDAQ: TSLA.....
Polymetal (POLY), Playtech (PTEC) & AstraZeneca (AZN): 3 stocks to buy
November 08, 2021 11:56 PM AEDT| By Sreenivas D AjankarHighlights Investors and traders are still reluctant to take a big position in the market after last week’s status quo decision of Bank of England’s policy meet. The UK will be declaring its third-quarter gross domestic product (GDP.....
Top 5 NFT marketplaces to create & trade original work by creators
November 08, 2021 11:32 PM AEDT| By Ankit SethiHighlights NFTs like Cryptopunks and Beeple’s digital artwork have fetched millions of dollars in auctions It is likely that these listings and auctions may shift decisively to dedicated NFT marketplaces Minting is a process by whi.....
What is Web 3.0? What are the top tokens?
November 08, 2021 11:26 PM AEDT| By Daniel Paul JohnsThe internet is still a relatively new part of human history, yet it has become a huge and important aspect of our lives. Since the mid-nineties, the world has seen two versions of the internet. We are now in the third installation of the internet,.....
How Crypto.com’s entry in Australia will help its fintech journey
November 08, 2021 11:15 PM AEDT| By Manu ShankarCryptocurrencies in Australia, lately, is seeing a rising trend. Despite a slow start, it has managed to stay well within the radar and has managed expansion in the country. According to Statista data, there are almost 18.4% of people in Australia .....
Why NKN's multi-sharing ability is wooing investors
November 08, 2021 11:13 PM AEDT| By Manu ShankarThe New Kind of Network (NKN) is one of the largest blockchain networks based on peer-to-peer networks, which operates on a fully consensus node count. With the node count of well over 100,000 nodes around the world, the Network shares the bandwidt.....
MOVR crypto skyrockets on Binance listing. Know its price prediction
November 08, 2021 11:01 PM AEDT| By Raza NaqviThe Moonriver (MOVR) cryptocurrency soared to as high as US$ 475.32 per token on Monday, November 8, as it gained investors' attention due to the announcement that it will get listed on Binance. Binance, which is currently the largest cryptocurren.....
3 stocks to buy despite the fall in UK business output
November 08, 2021 10:55 PM AEDT| By Sreenivas D AjankarBusiness output in the UK declined in October 2021. The UK business output had fallen to 103.35 from 105.23 in previous month, which is the lowest level since March 2021, when the second lockdown was enforced in Britain, as per the latest survey by.....
Avenue bank raising A$12 million fresh capital
November 08, 2021 09:04 PM AEDT| By Sonal GoyalHighlights Avenue Bank to raise fresh capital of AU$12 million as it aims at targeting small businesses that are not satisfied with large banks. In order to attract additional investors, the company is undertaking a B2 round of AU$12 mill.....
Una Brands secures US$20 million in Series A funding
November 08, 2021 09:01 PM AEDT| By SamtaHighlights The e-commerce acquirer – Una Brands, has completed a US$20 million Series A. Since the launch, the brand has acquired over 15 brands and owns seven offices worldwide. Una buys those retailers who are primarily selling a.....
Should you hold on to these stocks: BT, PurpleBricks, Metro Bank?
November 08, 2021 07:22 PM AEDT| By Rishika RainaHighlights Last week, Telecom company BT reinstated dividend to protect itself from a takeover by its biggest shareholder. Share prices of Metro Bank also surged by around 50% after takeover approach by Carlyle. Share prices of PurpleBricks pl.....
Twitterati say ‘yes’ to Elon Musk’s 10% stake sale in Tesla
November 08, 2021 07:03 PM AEDT| By AayushElon Musk, the world’s richest person and Tesla CEO, conducted a Twitter poll on Saturday to ask fellow Twitterati whether he should have sold some of his holdings in Tesla to pay taxes. He tweeted, “Much is made lately of unrealized ga.....
US administration sanctions NSO Group over Pegasus spyware
November 08, 2021 04:55 PM AEDT| By Toshiva JainIn a world driven by technological advancements, several opportunities and challenges come along the way. Technology has both pros and cons; and sometimes the cons overpower. Thus, stringent policies are needed to safeguard the running syst.....
What is Pi Network all about?
November 08, 2021 04:51 PM AEDT| By Jasmine AnandA digital currency project which is quickly catching the attention of crypto investors is the Pi Network. Founded in 2018 by a group of Stanford graduates, the Pi Network provides solutions to mint profits by mining crypto coins just by using a mo.....