Category: News

In just five short decades the video game industry has grown from a handful of coin-operated titles to become one of the most profitable entertainment sectors worldwide.The sector’s value is expected to hit $165 billion in 2020, a far-cry from its humble beginnings with early coin-operated games like 1971’s Galaxy Game, produced by Stanford graduate Bill Pitts and his high-school friend Hugh Tuck.

Gold prices rose after US Congress inched closer to delivering long-awaited fiscal stimulus for its COVID-ravaged economy, dragging down the dollar.

Big data has been described as the “oil of the 21st century”, powering business decisions in an increasingly digital world. A global pandemic forcing millions worldwide to work from their homes has only served to accelerate the shift into cyberspace – making data even more prevalent and powerful.

The Indonesian government has indicated a new smelter could be built in the country in coming years as the country continues to throw its support behind the local mining sector.

Confidence in markets is beginning to return as news that three experimental COVID-19 vaccines could be administered to the global population from early next year. This vaccine optimism has already underpinned a sizeable rally on Australia’s leading ASX 200 index, which recorded its best November in 32 years this year.

I don’t know about you, but every time I have started to try and read something about crypto currency, my eyes glaze over and something in my brain wigs out and refuses to process what I’m reading. I have almost been subconsciously jubilant when the prices of these currencies have been smashed after hitting extraordinary valuations. Warren Buffet doesn’t own any because “they have no value and they produce nothing.”

Gold prices are still tipped to rise, despite suffering a sizeable fall after pharmaceutical giant AstraZeneca published promising test results on a possible COVID-19 vaccine on Monday.

New research from the CSIRO has reinforced the need for governments around the world to curb their carbon emissions as global temperatures continue to rise. The CSIRO and Bureau of Meteorology’s biennial State of the Climate report for 2020 – released on Monday – cautioned Australia’s temperature will continue to rise, as increasing greenhouse gas emissions push global temperatures up.

The hotly-contested US election has left the nation divided but created a ‘goldilocks’ situation for smart investors, according to OC Funds Management senior investment analyst Robert Calnon.

Duchenne’s Muscular Dystrophy (DMD) is a devastating generic muscular wasting disorder with a 100% fatality rate . At present, the only treatment for the muscle inflammation that leads to the loss of muscle function and strength is to put patients on corticosteroids often for the rest of their lives. While corticosteroids do reduce inflammation and thus slow the progression of the disease, long-term use of these drugs can have major side effects such as weight gain, reduced bone density and stunted growth.

Australia’s growing financial technology (or ‘fintech’) sector has continued to gather pace even amid a global pandemic, according to the latest EY FinTech Census. Some fintech leaders even suspect the pandemic – which forced businesses and individuals to digitalise their lives at an accelerated rate – will drive faster adoption of their services.

Australian listed gold mining company Nusantara Resources Limited (ASX: NUS) is readying itself for the next stage of development as the market for the yellow metal heats up. While gold prices have trended downward since 2021, investment bank Goldman Sachs has forecast prices will rise through 2021 off the back of three broader market trends: