News
Why are Terra (Luna), Terra Classic (LUNC) witnessing increased volatility?
June 11, 2022 01:34 AM AEST| By Manu ShankarTerraform Labs CEO Do Kwon may have had a troubled 24 hours with the United States Court of Appeals for the Second Circuit rejecting his application on the dispute of a subpoena by the Securities and Exchange Commission (SEC), but he had something .....
UNFI, BLZ, MCT, LCX, OCEAN: How these cryptos outshined leading cryptos
June 11, 2022 01:21 AM AEST| By Manu ShankarHighlights The global crypto market continued to show signs of struggle even this week as it was down by 1.21% with a total market cap of US$1.23 trillion and a trading volume of US$59.03 billion. Unifi Protocol DAO (UNFI), Bluzelle (BLZ), Meta.....
Synergen Met, Leo Lithium, Coolabah Metals: Three ASX IPOs set for June listing
June 11, 2022 12:20 AM AEST| By AshishHighlights Around nine IPOs would get listed on the ASX between 10 June and 20 June. Public offerings are of companies belonging to sectors such as resources, technology, etc. 2021 saw record IPO listings. The month of June 2022 is seeing.....
What should Australia do to mitigate gas crisis?
June 11, 2022 12:15 AM AEST| By Akanksha VashishtHighlights Australia’s gas crisis has added to the burden of rising costs for households, with adverse weather being an added challenge. The gas trigger can be pulled to ease the supply-side pressure in the country, though it may not dire.....
How much Australian property prices can fall if rates keep rising?
June 11, 2022 12:05 AM AEST| By Akanksha VashishtHighlights The Australian property prices have been declining amidst a fall in housing demand. The RBA’s larger-than-expected June rate hike has caused a massive stir in the economy, including a shock to the housing sector. The RBA recen.....
What makes KubeCoin (KUBE) a revolutionary token?
June 10, 2022 07:34 PM AEST| By Manu ShankarHighlights KubeCoin (KUBE) crypto is primarily a decentralised token aiming to revolutionise the travel and leisure industries. The KUBE crypto offers a variety of features, such as KUBE wallet services, NFTs with real utility, NFT Market.....
BHP, STO, FMG: ASX200 stocks to watch out for
June 10, 2022 07:11 PM AEST| By RitwikaHighlights Both ASX Materials and Energy sector closed lower on Friday (10 June 2022). Leading stocks pertaining to the materials and energy sector, getting impacted by the sectoral performance, buzzed in red zone today. The S&.....
ASX 200 sets new 50-day low, extends yesterday’s selloff to close 1.25% lower
June 10, 2022 06:22 PM AEST| By Priyanka PayalHighlights Setting a new 50-day low, ASX 200 closed this week's trading 1.25% lower at 6,932.00 points. All the eleven sectors closed lower, A-REIT leading losses. Investor sentiments were dented due to the weak performance of US stocks and Eu.....
Skin Elements making headlines thanks to its COVID-19 killing disinfectant SuprCuvr
June 10, 2022 06:04 PM AEST| By ManishaAustralia-based healthcare company, Skin Elements (ASX:SKN) has begun to garner greater attention in the global market for its disinfectant SuprCuvr, the world’s most powerful COVID-19 (coronavirus) killer. In the most recent development, Au.....
Duratec (ASX:DUR) scores big, secures another defence contract
June 10, 2022 04:25 PM AEST| By Aditi SarkarDuratec Limited (ASX:DUR) has boosted its foothold in the growing energy sector with a new contract. The Australian engineering, construction, and remediation contractor has secured a contract worth AU$18.4 million from the Department of Defence. .....
Only 2 major cryptos have gained this year. Which are they?
June 10, 2022 03:46 PM AEST| By Ankit SethiHighlights The pandemic phase growth in cryptoassets seems to have become a thing of the past Only two tokens among the top 100 are in the green in terms of price fluctuation this year The LEO token has had a sustainable ride, while the TRX to.....
WTC, CPU, LNK, DDR: How are these tech stocks faring on ASX?
June 10, 2022 03:42 PM AEST| By Bhawna GuptaHighlights The ASX 200 Index was 0.94% down today at 6,953.60 points at 1.53 PM AEST. On sectoral front, 9 of 11 S&P 500 sectors were trading lower at 1.53 PM AEST today. Tech stocks like Wisetech and Computershare were also trading in red.....
CBA, NAB, WBC, ANZ: How are ‘Big 4’ bank stocks performing since RBA's rate hike
June 10, 2022 02:55 PM AEST| By Priyanka PayalJust after Anthony Albanese took charge as the 31st Prime Minister of Australia last month, he had a myriad of challenges awaiting him; including inflation, hefty debt, mounting deficits, COVID-19 pandemic, an overstimulated economy and a lot more......
Speculations swirl around Depp’s NFTs featuring his daughter Lily Rose
June 10, 2022 02:27 PM AEST| By Ankit SethiHighlights ‘Pirates of the Caribbean’ actor Johnny Depp released his NFTs “Never Fear Truth” earlier this year The collection, which has paintings of his daughter, has triggered a controversy Never Fear Truth NFTs use t.....
Calima Energy (ASX:CE1) gets drill rods spinning for 4-well program at Brooks
June 10, 2022 02:17 PM AEST| By Nitish KumarHighlights Calima Energy has spudded Gemini #8, the first well under its four-well drilling campaign at Brooks. The company plans to spud the other three development wells by early July. Calima has completed coil tubing clean-out operations su.....
ASX 200 extends fall, drops 0.90% at open; banks rebound
June 10, 2022 11:53 AM AEST| By Priyanka PayalHighlights Australian equities opened lower on Friday following disappointing performance of Wall Street indices overnight. Losses in the market were led by resources stocks while shares of “Big Four” banks witnessed some rebound. .....
What is LCX crypto? What’s fuelling its 30% one-day rally?
June 10, 2022 11:18 AM AEST| By Ankit SethiHighlights Bitcoin has slipped back to US$30,000, again reminding of its sheer volatility The LCX token, it is claimed, provides the users of LCX Exchange discounts on trading fees The LCX token is up sharply, and this may have to do with a ha.....
Chimeric (ASX:CHM) boosts financial footing, enters $30M placement agreement with L1
June 10, 2022 10:40 AM AEST| By Aditi SarkarHighlights Chimeric has entered an equity funding placement with L1 Capital for up to AU$30 million. The placement follows the successful raising of AU$14.4 million in a previously completed entitlement offer. The agreement has flexible terms,.....
Radiopharm Theranostics (ASX:RAD) bolsters board with latest appointment
June 10, 2022 10:35 AM AEST| By Ankit SethiA leading player in the pharma industry, Radiopharm Theranostics (ASX:RAD) has appointed Dr. Leila Alland as a Non-Executive Director. Dr. Alland brings to the table her extensive know-how of oncology drug products. She has served some of the majo.....
Radiopharm (ASX:RAD) shares welcome portfolio boost with brain tumor technology
June 10, 2022 10:29 AM AEST| By Aditi SarkarHighlights Radiopharm has gained access to a promising imaging & therapeutic radiopharmaceutical. The agreement with leading US university CWRU entails attractive commercial terms. The PTPµ – targeting agent holds the potential.....
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