The media reporting of the US Federal Reserve providing temporary liquidity to primary dealers, via re-purchase (repo) agreements, appears to overstate the funding stress in this market. The repo market is where primary dealers borrow cash from the Federal Reserve for a short period of time against securities like US Treasury notes or mortgage backed
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Australian tech company TALi Digital (ASX: TD1) has secured mass global distribution following the announcement that the company has achieved Google For Education Partner status for their TALi education platform, sending TALi’s share price soaring 35%. Clinically tested software products which address neurological conditions in early childhood to strengthen cognitive attention in children, TALi Detect
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The effects of the current bushfire season have been terrible and widely felt. It comes as no surprise that some ASX listed companies have been hurt by this season’s particularly bad fires. Fashion retailer Mosaic brands (MOZ.ASX) released a trading update which stated that “sales through the second half of November and throughout December, a
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Asian automotive portal, iCar Asia Limited (ASX: ICQ), are set to receive a boost in confidence following the release of last quarters record cash receipts. The results recorded a total of A$4.2m in Q4 2019, a 39% or A$1.2m increase on the same period the year prior, with 2019 net operating cash flow up 37%
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With scandals having rocked the banking sector over the past 12 months, Australia’s first neo-lender Wisr (ASX: WZR) has seen major growth in its loan growth, reporting an increase of $31.6 million in loan origination, an increase of 36% compared to the previous quarter and bringing total loan origination to $163.8m. The milestone continues a
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Australians keen to capitalise on the nutritional benefits around hemp will soon be able to do so via soup formats with ECS Botanics (ASX: ECS) securing a distribution agreement with Just Foods Australia to have their soup product sold on Woolworths shelves. Australia’s largest supermarket chain will stock ECS’s Mexican Spiced Bean Soup with Hemp
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