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 Fed’s Unexpected Rate Cut: What It Means for the Market

Fed’s Unexpected Rate Cut: What It Means for the Market

September 19, 2024 12:04 PM AEST| By Team Kalkine Media

On Wednesday night (Thursday morning AEST), the US Federal Reserve made a surprising decision to cut interest rates by 0.50 percentage points, a move that has left many economists and investors scrambling to understand the implications. The rate cut...

 MSB and TerraPay Collaborate to Simplify and Enhance Cross-Border Money Transfers

MSB and TerraPay Collaborate to Simplify and Enhance Cross-Border Money Transfers

September 19, 2024 12:00 PM AEST| By Cision

HANOI, Vietnam, Sept. 19, 2024 /PRNewswire/ -- Vietnam Maritime Commercial Joint Stock Bank (HoSE: MSB) has signed a strategic cooperation agreement with TerraPay, a global money movement compa...

 Medit Donates Intraoral Scanners to Five Leading Vietnamese Medical Universities

Medit Donates Intraoral Scanners to Five Leading Vietnamese Medical Universities

September 19, 2024 12:00 PM AEST| By Cision

HANOI, Vietnam, Sept. 19, 2024 /PRNewswire/ -- Medit, a leading intraoral scanner manufacturer from South Korea, has made a significant contribution to dental education in Vietnam with its loca...

 ALQ Reports Expected Profit Impact: Minerals Division Faces Volume Challenges

ALQ Reports Expected Profit Impact: Minerals Division Faces Volume Challenges

September 19, 2024 11:59 AM AEST| By Team Kalkine Media

ALS Limited (ASX: ALQ), a global leader in testing, inspection, and certification services, has announced that its minerals business is experiencing volume-related challenges. The company anticipates a decline in its underlying net profit for the Sep...

 Cochlear Limited (ASX:COH) Appoints New CFO: Leadership Transition Highlights

Cochlear Limited (ASX:COH) Appoints New CFO: Leadership Transition Highlights

September 19, 2024 11:57 AM AEST| By Team Kalkine Media

Cochlear Limited (ASX:COH), a prominent player in the health technology sector, has announced the appointment of Sarah Thom as its new Chief Financial Officer (CFO). The transition is set to occur in November, as Stuart Sayers, the current CFO, prepa...

 Orica Limited Projects Stronger-than-Expected Earnings

Orica Limited Projects Stronger-than-Expected Earnings

September 19, 2024 11:56 AM AEST| By Team Kalkine Media

Orica Limited (ASX: ORI), a leading provider of commercial explosives, has announced that it anticipates its second-half earnings will surpass previous forecasts. The company indicated that underlying earnings are set to be higher than the prior year...

 Jerome Powell’s Bold Rate Cut and Its Impact on the US Federal Reserve’s Strategy

Jerome Powell’s Bold Rate Cut and Its Impact on the US Federal Reserve’s Strategy

September 19, 2024 11:54 AM AEST| By Team Kalkine Media

On Wednesday (Thursday AEST), the US Federal Reserve made a significant decision, opting for a substantial 0.50% cut in interest rates. This move marks a bold beginning to the much-anticipated rate-cutting cycle, surpassing many market expectations....

 Empowering Teen Mothers World Wide

Empowering Teen Mothers World Wide

September 19, 2024 11:52 AM AEST| By 3BL

How do adolescent mothers triple their confidence to seek health services in less than 18 months? With programs that girls themselves design, that focus on her needs, and getting the support from the...

 Mickie Rosen to Succeed Mike Sneesby on Domain Board

Mickie Rosen to Succeed Mike Sneesby on Domain Board

September 19, 2024 11:50 AM AEST| By Team Kalkine Media

Mickie Rosen, a long-standing director at Nine Entertainment Co. Holdings Limited (ASX: NEC), is set to replace Mike Sneesby as the media company’s representative on the board of Domain Holdings Australia Limited (ASX: DHG). This transition comes on...

 Sims Limited Faces Challenges in ANZ Operations Amid Weak Demand

Sims Limited Faces Challenges in ANZ Operations Amid Weak Demand

September 19, 2024 11:49 AM AEST| By Team Kalkine Media

Sims Limited (ASX: SGM), a prominent player in the scrap metals recycling industry, has reported that its operations in Australia and New Zealand are currently experiencing significant pressures due to declining demand from China. The company’s lates...

 Monadelphous Group Secures $230 Million in New Contracts

Monadelphous Group Secures $230 Million in New Contracts

September 19, 2024 11:48 AM AEST| By Team Kalkine Media

Monadelphous Group Limited (ASX: MND), a leading engineering company, has recently announced the acquisition of a series of contracts worth a substantial $230 million. This influx of new business is set to enhance the company's operations and reinfor...

 FOR SALE BY EXPRESSION OF INTEREST

FOR SALE BY EXPRESSION OF INTEREST

September 19, 2024 11:45 AM AEST| By Cision

221 RANGOON ROAD – FREEHOLD TWO-STOREY SHOPHOUSE WITH DEVELOPMENT POTENTIAL SINGAPORE, Sept. 19, 2024 /PRNewswire/ -- Brilliance Capital Pte. Ltd. is excited to offer a unique investm...

 Oil Prices Face Continued Decline Amid Mixed Signals

Oil Prices Face Continued Decline Amid Mixed Signals

September 19, 2024 11:40 AM AEST| By Team Kalkine Media

Oil prices,extended their losses for a second consecutive session, reflecting a complex interplay of factors that include diminishing demand in the United States and geopolitical tensions in the Middle East. As of the latest figures, West Texas Inter...

 ASX to Follow Wall Street Lower Despite US Fed's 50bp Rate Cut

ASX to Follow Wall Street Lower Despite US Fed's 50bp Rate Cut

September 19, 2024 11:38 AM AEST| By Team Kalkine Media

ASX futures indicate a 0.5% dip in early trading, reflecting the downturn in US and European markets.,US Federal Reserve Decision and Market Impact,The US Federal Reserve's recent decision to cut interest rates by 50 basis points (bps), lowering the...

 Citi sees Fed cutting rates by 50 bps in November

Citi sees Fed cutting rates by 50 bps in November

September 19, 2024 11:03 AM AEST| By Investing

Investing.com-- Citi analysts said they maintained their outlook for a 50 basis point cut by the Federal Reserve in November, after the central bank cut rates by a similar margin in its first cut sinc

 Best Poster of ESMO 2024! Abbisko Announces Updated Clinical Data of Irpagratinib in HCC

Best Poster of ESMO 2024! Abbisko Announces Updated Clinical Data of Irpagratinib in HCC

September 19, 2024 11:00 AM AEST| By Cision

SHANGHAI, Sept. 19, 2024 /PRNewswire/ -- Abbisko Therapeutics (HKEX: 02256) is excited to announce the receipt of the ESMO 2024 Best Poster Award on September 16, 2024. The award was received for the...

 RWE and AM Green Ammonia sign Memorandum of Understanding to supply up to 250,000 tonnes annually of RFNBO-compliant ammonia from India

RWE and AM Green Ammonia sign Memorandum of Understanding to supply up to 250,000 tonnes annually of RFNBO-compliant ammonia from India

September 19, 2024 11:00 AM AEST| By Cision

RWE has secured the ammonia for its global supply portfolio for delivery from 2027 The green ammonia produced at AM Green Ammonia's sites in India meets EU standards for Renewable Fuels from...

 Markel appoints April Tam as Senior Underwriter, PFR & Cyber and Head of Financial Institutions, Asia

Markel appoints April Tam as Senior Underwriter, PFR & Cyber and Head of Financial Institutions, Asia

September 19, 2024 11:00 AM AEST| By Cision

SINGAPORE, Sept. 19, 2024 /PRNewswire/ -- Markel, the insurance operations within Markel Group Inc. (NYSE: MKL), is pleased to announce the appointment of April Tam as Senior Underwriter,...

 Edalex announces launch of new self-paced guide ‘How to Recognise Skills in Your Curriculum’

Edalex announces launch of new self-paced guide ‘How to Recognise Skills in Your Curriculum’

September 19, 2024 10:59 AM AEST| By EIN Presswire

Edalex announces launch of new self-paced guide ‘How to Recognise Skills in Your Curriculum’ Edalex - Learning gets personal - Unleash the power of your skills data, digital assets and p...

 Imugene (ASX:IMU) achieves FDA Orphan Drug Designation for VAXINIA

Imugene (ASX:IMU) achieves FDA Orphan Drug Designation for VAXINIA

September 19, 2024 10:59 AM AEST| By Sonal Goyal

Highlights,Orphan Drug Designation (ODD) has been secured from the US FDA for VAXINIA (CF33-hNIS).,Benefits of ODD include grant funding, tax credits, fee waivers, and seven years of market exclusivity following FDA approval.,The MAST trial, which su...

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