News
7 FTSE companies that reinstated dividends this year
October 01, 2021 11:51 PM AEST| By Rishika RainaHighlights H&M proposes dividend as its profitability increased with growing net sales. Many companies recovering from the pandemic are reinstating their dividends this year. Swedish multinational clothing-retail company H&M has wi.....
Can CryptoZoo (ZOO) touch $1 by end of 2021?
October 01, 2021 11:00 PM AEST| By Manu ShankarHighlights CryptoZoo is a Binance Smart Chain NFT project launched by YouTuber Logan Paul. With Cryptozoo, the holders can breed, collect, and trade exotic hybrid animals as NFTs. According to CoinMarketCap, the ZOO is trading at US $0.0.....
Mt Gox. insolvency: Can UK investors be Bitcoin millionaires overnight?
October 01, 2021 09:16 PM AEST| By Manu ShankarHighlights Japan-based Mt. Gox was at one point world’s largest Bitcoin exchange deal with 70% of global transactions. As the bankruptcy case in Japan comes to an end after years of battle, investors would see approximately US $6 billion .....
Optus parent Singtel sells 70% stake in tower business raising A$1.9B
October 01, 2021 08:42 PM AEST| By Priyanka PayalHighlights Singtel, the parent company of Optus divested a 70% ownership in its Australian tower network (ATN) to AustralianSuper for AU$1.9 billion. Optus tower auctions would certainly provide funds to the Company for a 5G rollout. For m.....
Hut Group (THG), ASOS (ASC), Diageo (DGE): 3 FTSE stocks to buy at discount
October 01, 2021 08:16 PM AEST| By Sreenivas D AjankarHighlights UK stock market, along with European markets, has made a soft start of the last quarter of 2021. Retail stocks like JD Sports Fashion, Boohoo Group Plc, ASOS Plc are witnessing some profit booking. UK stock market, along with Eu.....
What happens when an energy supplier goes bust
October 01, 2021 08:14 PM AEST| By Rishika RainaHighlights A total number of 9 energy companies have ceased to trade in September itself. The 3 new energy suppliers going bust include Enstroga, Symbio Energy, and Igloo Energy. The energy supplier failures had impacted over 1.5 million peo.....
Is SYA token for short term or for keeps?
October 01, 2021 07:37 PM AEST| By Manu ShankarHighlights The Save Your Assets (SYA) crypto is a decentralised finance (DeFi) experiment and is a new type of deflationary currency, which is used for autonomous yield and liquidity generation. SYA is the underlying currency of the Flooz.....
Why these 11 nations do not tax Bitcoin gains
October 01, 2021 07:00 PM AEST| By Jasmine AnandHighlights Many countries nowadays are implementing friendly legislations to attract crypto traders as well as foreign investments in form digital assets. Belarus was the first government to legitimise crypto activities. Other countries which .....
What stocks to buy if you're over 50
October 01, 2021 05:08 PM AEST| By Rishika RainaHighlights The overall allocation of stocks in the investor’s portfolio must change with age. Older investors are more prone to financial setbacks in the stock markets due to lack of recovery time. Factors such as profitability, st.....
NSW premier Gladys Berejiklian resigns
October 01, 2021 04:30 PM AEST| By Furquan MoharkanThe premier of New South Wales (NSW), Gladys Berejiklian, resigned today after the state’s corruption watchdog said it was investigating whether she was involved in conduct that "constituted or involved a breach of public trust". The NSW premi...
OMG! It’s Rising! The Rising OMG Network is Ethereum’s Scalability Solution
October 01, 2021 02:51 PM AEST| By Daniel Paul JohnsHighlights The Ethereum network scaling solution, OMG has grown by almost 70% since September 1, 2021 The OMG Network was designed as layer two scaling solution for the Ethereum blockchain A lot of OMG’s increased popularity has to do wi.....
The Top 20 Crypto Twitter Accounts to Follow
October 01, 2021 01:31 PM AEST| By Emma Smith (Guest)With Bitcoin, Ethereum, and the rest of crypto trending once again, more investors and traders are looking for insight from industry experts, influencers, and even big brands and they find it via social media. To help steer users in the right direct...
Top 10 altcoins to explore this October
October 01, 2021 01:06 PM AEST| By Ankit SethiHighlights PERP was priced at nearly US$1 on January 1 2021, and it reached US$23 in August 2021 Ether is one of the most popular altcoins and its blockchain is home to many other altcoins SHIB is a meme-based altcoin, and it now commands a bi.....
Who is the Wall Street’s secret billionaire investor?
October 01, 2021 12:55 PM AEST| By SamtaHighlights Private-equity investor and billionaire Ramzi Musallam has turned tragedy into fortune. Musallam had been Veritas’ second highest ranking executives. The billionaire has been majorly focusing on US State’s Federal Govern.....
TikTok rolls out its first NFT collection; key things to know
October 01, 2021 12:45 PM AEST| By AshishTikTok has become the latest company to enter the non-fungible token (NFT) world. On 30 September 2021, the video-sharing social networking site launched an NFT collection, which will enable its leading content creators to partner with top NFT crea.....
How rough was September Effect this year?
October 01, 2021 12:42 PM AEST| By Furquan MoharkanHighlights The overall market sentiment was negative. S&P500 marked its worst show since September 2020. BOVESPA put up the worst show for the month. The month of September has seen far more corrections in equity markets than any othe.....
Crude oil steadies on China’s plan to buy more oil
October 01, 2021 12:11 PM AEST| By Arpit VermaHighlights Crude oil prices traded nearly flat on Thursday. China plans to buy more oil to meet its rising energy demand. US crude oil inventories have risen with recovery in the Gulf Coast operations. Crude oil prices traded nearly flat .....
10 crypto coins to explore in October
October 01, 2021 12:06 PM AEST| By Ankit SethiHighlights The cryptocurrency world has a cumulative market cap of multi-trillion dollars. There are tens of thousands of crypto tokens but the below ten command a very high market cap These ten cryptocurrencies are relatively more popular and.....
US stocks close in red on gloomy economic outlook
October 01, 2021 07:45 AM AEST| By Sanjeeb BaruahUS stocks closed the session in red on Thursday, September 30, as the Delta virus threat painted a gloomy picture for the economy, and investors stayed away from risky bets. The S&P 500 fell 1.19% to 4,307.54. The Dow Jones fell 1.59% to 33,843....
UK GDP Inched Higher by 5.5% in the Second Quarter; FTSE 100 Down 0.31%
October 01, 2021 04:15 AM AEST| By Team Kalkine MediaUS Markets: Broader indices in the United States traded on a mixed note - particularly, the S&P 500 index traded 18.76 points or 0.43 per cent lower at 4,340.70, Dow Jones Industrial Average Index dipped by 285.22 points or 0.83 per cent lower at...