News
Border reopening and rise in vaccination rate breathe new life into Aussies
November 05, 2021 02:07 PM AEDT| By SamtaHighlights Australia welcomed travellers after 20 months of closed borders on Monday. A total of 88.9% population over the age of 16 have had at least one dose of recognised COVID-19 vaccines in Australia. Australia welcomed travellers aft.....
FTSE 100 jumps as BoE holds rates; Nasdaq, S&P 500 scale new record highs
November 05, 2021 01:39 PM AEDT| By AbhijeetUS Markets: American equities traded lower to moderately higher on Thursday, 4 November, with the tech leader Nasdaq Composite and the broader share index S&P 500 registering fresh record highs, while Dow Industrials traded in the negative territ...
NFTs are on a wild ride. Is it a bubble?
November 04, 2021 11:23 PM AEDT| By Ankit SethiHighlights NFTs revolutionized art collection by storing ownership on blockchain Even cryptocurrencies had a long way before they became a mainstream investment asset NFTs like Beeple’s digital art and CryptoPunks have sold for m.....
FIDA crypto's volume soars over 1000%. Know its price prediction
November 04, 2021 09:32 PM AEDT| By Raza NaqviBonfida (FIDA), a relatively new cryptocurrency, has caught investors' attention and surged 11 per cent in the last 24 hours, according to CoinGecko data. In addition, the one-day volume of the cryptocurrency soared past 1000 per cent and reached $.....
Will The Real Satoshi Nakamoto Please Stand Up?
November 04, 2021 09:29 PM AEDT| By Daniel Paul JohnsA civil trial has begun this week in Miami, Fl, to determine whether Australian computer scientist, Dr. Craig Wright, is in fact, the creator of the world’s largest cryptocurrency, Bitcoin, known by the pseudonym, “Satoshi Nakamoto&rdqu.....
FTSE 100 businesses forefront climate change initiatives at COP26
November 04, 2021 09:10 PM AEDT| By AbhijeetHIGHLIGHTS 60 FTSE 100 companies have pledged to go carbon neutral by 2050 More than 5,200 businesses have joined the UN Race to Zero Poland and Chile have committed to eliminate coal usage With the growing consciousness around climate c.....
Car demand drops but EV market share rises: 2 EV focused stocks to buy
November 04, 2021 09:04 PM AEDT| By Suhita PoddarHighlights UK car sales fell by about 25 per cent in October, compared to the same month in 2020, as per preliminary data from the Society of Motor Manufacturers and Traders. UK’s total new car sales in 2021 is expected to rise by 1.9 per.....
AO World, Melrose, Oxford Biomedica: 3 FTSE stocks to buy
November 04, 2021 08:56 PM AEDT| By Sreenivas D AjankarHighlights The new cars registration in the UK dropped nearly 25% year-on-year in October 2021, as per the latest data released by the automotive industry body. AO World Plc, Melrose Industries Plc, Oxford Biomedica Plc are some of the stoc.....
Overview of COP26: Glasgow’s two-week climate summit
November 04, 2021 08:38 PM AEDT| By Toshiva JainHighlights COP26 kicked on October 31 in Glasgow and the summit will last till 12 November. Alok Mishra is hosting the summit; world leaders from 200 countries are expected to attend the conference. The summit aims to bind the world leaders to.....
Cryptos in Action
November 04, 2021 08:21 PM AEDT| By Daniel Paul JohnsHighlights CBA has become the first Australian Bank to offer a crypto service El Salvador’s Bitcoin profits will go towards building schools Strong altcoin performance has prompted some to speculate whether altcoin season in here CB.....
Crypto’s Worst Nightmare
November 04, 2021 07:53 PM AEDT| By Daniel Paul JohnsHere’s a scary thought. What if the entire internet went down? Not in your house. Not in your suburb. Rather, what if the world’s internet crashed? Last month, the world lost its mind when Facebook (now called Meta) went down with.....
Countries To Travel As Australian Border Reopens
November 04, 2021 07:27 PM AEDT| By SamtaHighlights On Monday, Sydney’s international airport came alive as Australia’s borders opened for the first time in the last 20 months. The fully vaccinated Aussies can travel abroad without restrictions with reduced quarantine requ.....
10 scenarios that can rock the world in 2022
November 04, 2021 06:58 PM AEDT| By Rishika RainaWhile the world is recovering from the catastrophic impact of the coronavirus pandemic and is expected to gain momentum in the coming months or years, the Economist Intelligence Unit (EIU) has come out with its Risk Outlook 2022 report, which has l.....
COP26 impact: Amazon’s Jeff Bezos makes $2 bn climate pledge
November 04, 2021 06:57 PM AEDT| By Suhita PoddarE-commerce giant Amazon’s founder and second richest person in the world, Jeff Bezos, made a US$ 2 billion climate pledge on Wednesday, aimed towards overhauling global food systems and for land restoration, at the ongoing COP26 climate summi.....
Crypto Reform Will Focus on “Debanking”
November 04, 2021 05:24 PM AEDT| By Daniel Paul JohnsHighlights The Senate enquiry made 12 recommendations related to future crypto reform. These recommendations include a change to the taxation of bitcoin Four of the 12 recommendations are focused on how to better manage or eliminate the practic.....
Iron ore rebounds after dipping below US$100 per tonne
November 04, 2021 04:10 PM AEDT| By Arpit VermaHighlights Iron ore prices recovered after tumbling below US$100 per tonne. The prices of metal reached multi-year high levels in May 2021. China is strictly trying to limit its carbon emissions, as a part of the country's long-term goal to at.....
US stocks close higher after Fed's taper remarks
November 04, 2021 09:01 AM AEDT| By Sanjeeb BaruahBenchmark US indices closed higher on Wednesday, November 3, after the Fed said it would start tapering its covid-era asset-buying program this month. The S&P 500 was up 0.65% to 4,660.57. The Dow Jones rose 0.29% to 36,157.58. The NASDAQ Compos...
FTSE 100 remains range-bound ahead of BoE’s policy meet
November 04, 2021 02:03 AM AEDT| By Sreenivas D AjankarUS Markets: Broder US indices are trading lower. S&P 500 index traded down by 6 points or 0.14% at 4,623, Dow Jones Industrial Average Index is down by 96 points at 35,955, and the technology benchmark index Nasdaq Composite traded lower at 15,63...
How global banks can help in controlling greenhouse gas emissions
November 04, 2021 01:22 AM AEDT| By Rishika RainaAmid the ongoing COP26 UN Climate Change Conference being hosted by the UK , hundreds of the biggest banks and pension funds across the globe have come together to mitigate the greenhouse gas emissions with financial assets worth US .....
Valirx, Argo Blockchain & Omega Diagnostics: 3 stocks to buy today
November 04, 2021 01:06 AM AEDT| By Sreenivas D AjankarHighlights The IHS Markit/CIPS purchasing managers index for the service sector was at 59.1 in October 2021, up from 55.4 in the previous month. Service PMI is an important leading microeconomic indicator which many traders and investors .....