The Ottawa-based satellite communications company Telesat is looking to go public and use the gross proceeds for its multibillion-dollar high-speed internet project.

Telesat is looking to list its shares on the Toronto Stock Exchange (TSX), and it reportedly aims to use the money raised in the offering for bringing high-speed internet to remote areas through a constellation of low-Earth-orbit satellites.

In addition, the satellite communications company also plans to make its…

ASX-listed leading global mining group Rio Tinto Ltd (ASX:RIO) announced on 20 October 2021 that it is considering outlining the actions being taken to strengthen the business and improve performance.

RIO informed that the deployment of the Rio Tinto Safe Production System is in progress to ensure that the Company recaptures its position as Best…

On 12th October 2021, the equity market in NZ closed the trading session in red. NZX 50 Index declined by 0.18% to 12,996.26 and NZX 20 Index fell by 0.18% to 8,155.62. However, some buying was encountered in the materials sector. Notably, NZX All Consumer Staples fell by 1.44%.

HR-tech company Xref Limited (ASX:XF1) has recorded another strong quarter in Q1-FY22. XF1’s unaudited results for Q1 show a surge in sales by 126% compared to Q1-FY21 taking Revenue up 77%. The Company has also achieved a cash surplus.

What led to record sales growth for XF1?

The first quarter is usually the lowest sales period for XF1 as hiring trends…

The S&P/ASX200 is lower today, dropping 29.90 points or 0.40% to 7,461.50 after setting a new 52-week high. The bottom performing stocks in this index are PointsBet Holdings Limited (ASX:PBH) and Whitehaven Coal Limited (ASX:WHC), down 11.60% and 5.13% respectively. Over the last five days, the index has gained 0.41% and is currently 0.60% off of its 52-week high.

Sectors are mixed. 8 of 11 sectors are lower today along with the S&P/ASX 200 Index. Information Technology is the…

Summary

• The healthcare sector has been in focus throughout the year due to the ongoing coronavirus pandemic.

• The sector may continue to remain in the limelight going forward with people’s awareness about health increasing by the day.

• IMU, RAC, SHL are a few healthcare firms that have witnessed positive developments throughout the year.

The healthcare sector has been in focus throughout the year due to the ongoing coronavirus pandemic. As a result, the companies…

SaaS is a cloud-based service in which, instead of downloading software, one can gain access to an application through an internet browser. COVID-19 pandemic has made SaaS an in-demand service, with several SaaS providers gaining popularity as many businesses have moved their operations online. SaaS offers considerable benefits, including accessibility, compatibility, as well as operational management. Xero Limited, WiseTech Global, Infomedia, Whispir and Dubber are some of the key SaaS…

Small-cap stocks can be surprising investments as they can offer high revenues within a short span of time. These stocks might not be the most expensive ones. However, they can gain significant value over time, leaving the investors with substantial profits.

However, finding such small-cap stocks that can potentially fetch investors a benefit over time is a tough task. Here are top 5 ASX-listed penny stocks that investors can pay attention to in the coming weeks:

City Chic…

New Zealand Exchange or NZX turned 151 this year and has above 170 companies listed on it. A massive contributor to the NZ economy, it enables thousands of individuals earn their livelihood by purchasing or selling shares.

With the new year approaching, it would be interesting to watch a few popular stocks in 2021 that are as follows-

AFT Pharmaceuticals Limited

New Zealand Windfarms Limited

Sky Network Television Limited

Read More:…

ETFs are similar to funds where pooled money of investors is managed by a fund manager, who runs the ETF. These funds invest in equity, debt, commodity or any other asset class, depending on its offering.

An exchange traded fund (ETF) is a kind of security that tracks an index, sector, commodity, or other asset, but which can be purchased or sold on a stock exchange the same way as a regular stock. These funds provide investors an access to those shares that they would not otherwise…