News

Fed’s Unexpected Rate Cut: What It Means for the Market
September 19, 2024 12:04 PM AEST| By Team Kalkine MediaOn 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
September 19, 2024 12:00 PM AEST| By CisionHANOI, 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
September 19, 2024 12:00 PM AEST| By CisionHANOI, 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
September 19, 2024 11:59 AM AEST| By Team Kalkine MediaALS 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
September 19, 2024 11:57 AM AEST| By Team Kalkine MediaCochlear 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
September 19, 2024 11:56 AM AEST| By Team Kalkine MediaOrica 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
September 19, 2024 11:54 AM AEST| By Team Kalkine MediaOn 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
September 19, 2024 11:52 AM AEST| By 3BLHow 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...
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Mickie Rosen to Succeed Mike Sneesby on Domain Board
September 19, 2024 11:50 AM AEST| By Team Kalkine MediaMickie 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
September 19, 2024 11:49 AM AEST| By Team Kalkine MediaSims 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
September 19, 2024 11:48 AM AEST| By Team Kalkine MediaMonadelphous 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
September 19, 2024 11:45 AM AEST| By Cision221 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
September 19, 2024 11:40 AM AEST| By Team Kalkine MediaOil 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
September 19, 2024 11:38 AM AEST| By Team Kalkine MediaASX 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
September 19, 2024 11:03 AM AEST| By InvestingInvesting.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
September 19, 2024 11:00 AM AEST| By CisionSHANGHAI, 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
September 19, 2024 11:00 AM AEST| By CisionRWE 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
September 19, 2024 11:00 AM AEST| By CisionSINGAPORE, 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’
September 19, 2024 10:59 AM AEST| By EIN PresswireEdalex 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
September 19, 2024 10:59 AM AEST| By Sonal GoyalHighlights,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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