Australia News
Australian exchange enlists PayPal as banks ‘close ranks’ against crypto
The CEO of Australian crypto exchange Independent Reserve says it has turned to payments giant PayPal to hedge against increasing bank restr...
Futures Jump As Nvidia Blowout Earnings Spark Tech Rally; Jackson Hole Begins
US equity futures and global markets rallied after NVDA’s blowout earnings, which sent the stock to a new record high above $500, gave...
Australia’s Central Bank Wraps Up CBDC Pilot Program – Is Issuance On The Horizon?
Australia’s central bank, the Reserve Bank of Australia (RBA), has completed its pilot program exploring the potential use cases of a cent...
CBDCs seen offering faster settlements by 87% global securities firms: Citi survey
Discussions around ways to shorten local settlement cycles within the next five years have got most securities firms eyeing local central ba...
Binance-backed The Weeknd Global Tour Comes to Australia, New Zealand: Details
Abel Makkonen Tesfaye, known colloquially as The Weeknd, is planning to visit Australia and New Zealand with concerts in November and Decemb...
Futures Rise Led By Tech Giants As Nvidia Earnings Loom
Like yesterday, US futures and global stocks are higher again led by NVDA (+1.8%) and TSLA (+3.9%) ahead of the chipmaker’s earnings t...
Why Crypto Regulation in Australia Will Create Crypto Jobs
With Australia at a crypto crossroads, the call for regulation is getting louder – but the prize is jobs growth for local players. Pic via...
US Futures, Global Stocks Rebound Even As Yields Jump
US equity futures and global stocks are solidly higher to start the new week after a bruising August so far for investors, whose attention n...
Crypto Lender Helio Faces Regulatory Penalties In Australia For False License Claims
Melbourne-based cryptocurrency lending firm Helio has been subjected to penalties by the Australian Securities and Investment Commission (AS...
Australia’s Adoption Rate Rises Rapidly As 23% Of The Population Holding Crypto
Cryptocurrency and blockchain technology are rapidly gaining momentum and widespread acceptance in Australia, with nearly a quarter of the p...
Futures Tumble On OpEx Day As Global Markets Close Worst Weekly Rout Since March
After another very weak session in the US which saw the S&P500 and Nasdaq close lower by -1.2% and -1.1% respectively, with the S&P ...
Negative sentiment continues & Bunds bid; Earning from Estee Lauder due – Newsquawk US Market Open
European bourses are once again on the backfoot as the downtrend in the equity space continues without much in the way of fresh drivers. US ...