ASX: The local market is expected to tumble out of the gates this morning after a weak lead from Wall Street overnight.
This comes after the Australian market turned on Tuesday as higher bond yields led investors from the risk of shares.
Wall Street: US stocks as investors continued to weigh the likelihood of sooner-than-expected interest rate hikes.
BTC: Bitcoin fell overnight but held steady above the US$40,000 mark.
For more on the outlook for the cryptocurrency, watch the video below.
Carbon plan: Aussie scientists have worked out how to quickly turn captured , keeping it safely locked up and out of the atmosphere.
The researchers from Melbourne's RMIT University believe their technology is a potential game-changer for steel and concrete manufacturing, which together produce about 14 per cent of global CO2 emissions.
Going blue: Meanwhile, "blue carbon", which is carbon captured by ocean and coastal ecosystems, is among a range of new options that can earn credits in Australia's .
Minister for Industry, Energy and Emissions Reduction Angus Taylor said farmers, businesses and industries could benefit from the new methods of offsetting carbon emissions, as part of the Emissions Reduction Fund (ERF).
Jobs preview: Economists will get some clues for tomorrow's crucial jobs figures when is released for the first half of December today.
The latest payroll jobs report from the Australian Bureau of Statistics will cover the fortnight to December 18.
WFH: Remote work isn’t going anywhere anytime soon.
many companies seemed reluctant to stray from the remote and hybrid work and event models that have become so popular since the start of the pandemic.
Crowd Media Holdings Limited (ASX:CM8) (FRA:CM3) is pleased to announce the execution of two separate commercial agreements for its artificial intelligence Talking Head platform to be integrated into the media search sector and NFT marketplace.
Allowing citizens to dip into their retirement accounts to help them afford their first home is common practice overseas, but experts say it's hard to know the extent to which they've jacked up house prices.The Morrison government's election-eve proposal to allow Aussies to withdraw a portion of their super for a first home deposit has prompted fierce debate, with the superannuation industry and some housing advocates claiming it would raise house prices.
Nanollose Limited (ASX:NC6) (FRA:N0L) is pleased to advise that it has entered into a Collaboration Agreement with Paradise Textiles Limited, a technology first, material science and innovation business, working to reinvent the fabric of fashion.
Nova Minerals Limited (ASX:NVA) (FRA:QM3) (OTCMKTS:NVAAF) is excited to announce the recommencement of drilling at the Company's Estelle Gold Trend, located in the prolific Tintina gold belt in Alaska.
Wall Street has ended lower, with energy stocks rallying and Tesla and other growth stocks losing ground after downbeat Chinese economic data added to worries about a global slowdown and rising interest rates.China's economic activity cooled sharply in April as widening COVID-19 lockdowns took a heavy toll on consumption, industrial production and employment, adding to fears the economy could shrink in the second quarter.
Central Petroleum Limited (ASX:CTP) (FRA:C9J) (OTCMKTS:CNPTF) advises that on 16 May 2022, the Palm Valley 12 (PV12) well in OL3, Southwest of Alice Springs in the Northern Territory, had reached a depth of 1,687m at 0600 hrs ACST in the Lower Stairway Formation.
Wall Street has rallied to end higher, capping a week of wild market gyrations as relief at signs of peaking inflation vied with fears that policy tightening by the Federal Reserve could tilt the economy into recession.Gains were led by a rebound in megacap tech and tech-adjacent stocks, which sold off in recent sessions amid climbing benchmark Treasury yields and the possibility of the Fed hiking interest rates more aggressively than previously anticipated.
Central Petroleum Limited (ASX:CTP) (FRA:C9J) (OTCMKTS:CNPTF) announces that joint venture approvals have been provided for Santos as operator to carry out certain key activities related to the planned drilling of three sub-salt exploration wells in 2023.