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News
Aussie Dollar Reaches Two-Month High Amid Soft US Economic Data
February 17, 2025 04:09 PM AEDT| By Team Kalkine MediaHighlights,The Australian dollar (AUD) surges to a two-month peak.,Weak US economic indicators spark hope for potential Federal Reserve rate cuts.,US dollar struggles as Trump's election rally fades.,The Australian dollar (AUD) surged to a two-month...
Carbonxt Group (ASX: CG1) Launches Share Purchase Plan to Raise AU$2Mn
February 17, 2025 03:40 PM AEDT| By Aditi SarkarHighlights,Carbonxt has launched a Share Purchase Plan (SPP) to raise up to AU$2.0 million at AU$0.06 per share.,The September 2024 placement raised AU$3.02 million.,In December 2024, Carbonxt raised AU$1.0 million in a placement at AU$0.06 per share...
Australian Penny Stocks Navigating Opportunity Amid Rate Uncertainty
February 17, 2025 03:30 PM AEDT| By Team Kalkine MediaAustralian Penny Stocks Navigating Opportunity Amid Rate Uncertainty
Revolutionizing Lithium Refinement Lithium Universe’s Ambitious Bécancour Project (ASX:LU7)
February 17, 2025 02:30 PM AEDT| By Team Kalkine MediaRevolutionizing Lithium Refinement Lithium Universe’s Ambitious Bécancour Project (ASX:LU7)
Australian Shares Dip as Banks Face Pressure, While Consumer Staples Shine
February 17, 2025 01:26 PM AEDT| By Team Kalkine MediaHighlights,Australian shares drop due to disappointing bank results and anticipation of an interest rate cut.,Bendigo and Adelaide (ASX:BEN) posts its worst performance ever, down 17%.,A2 Milk (ASX:A2M) boosts consumer staples with strong results, up...
Australian Market Awaits RBA Rate Decision Amid Market Fluctuations
February 17, 2025 12:55 PM AEDT| By Team Kalkine MediaHighlights,Investors eye RBA’s potential interest rate cut decision.,S&P/ASX 200 dips slightly, remaining near recent highs.,US tariffs impact copper prices, widening the price gap globally.,Australian investors are closely monitoring the Reserve Ban...
Market Experts Urge RBA for Strategic Rate Adjustment
February 17, 2025 12:53 PM AEDT| By Team Kalkine MediaHighlights,Call for a 0.35% rate adjustment to bring cash rate to 4%,Move aims to align with global economic trends,Concerns over public trust in monetary policy decisions,David Bassanese, chief economist at Betashares, has advocated for a strategic...
Findi (ASX:FND) Announces SBI Contract Expansion, FY25 Guidance Update
February 17, 2025 12:09 PM AEDT| By Sonal GoyalHighlights,Findi has secured contract expansion with SBI to deploy 2,293 additional BLAs.,Additional BLAs are expected to generate AU$250-270 million in revenue and AU$125-135 million in EBITDA.,For FY25, the company forecasts EBITDA of AU$30-32 mill...
Oaktree’s Refinancing Proposal for Star Entertainment: Key Developments and Implications
February 17, 2025 11:02 AM AEDT| By Team Kalkine MediaHighlights:,Oaktree Capital’s Offer:,A $650 million refinancing proposal has been made to support Star Entertainment Group Ltd (ASX:SGR), aiming to provide financial relief.,Lender Response and Conditions:,Star’s lending syndicate is expected to reje...
St George Mining Elevates Araxá Project with Strategic Alliances
February 17, 2025 11:00 AM AEDT| By Team Kalkine MediaSt George Mining Elevates Araxá Project with Strategic Alliances
Mineral Resources (ASX:MIN) Battles Financial Headwinds Amid Shifting Commodity Prices
February 17, 2025 11:00 AM AEDT| By Team Kalkine MediaMineral Resources (ASX:MIN) Battles Financial Headwinds Amid Shifting Commodity Prices
Revolutionizing High-Density Graphite Green Critical Minerals (ASX:GCM) Pioneers Next-Generation Cooling Solutions
February 17, 2025 11:00 AM AEDT| By Team Kalkine MediaRevolutionizing High-Density Graphite Green Critical Minerals (ASX:GCM) Pioneers Next-Generation Cooling Solutions
PDAC: A Guide to the Key Explorers Heading to Canada
February 17, 2025 11:00 AM AEDT| By Team Kalkine MediaHighlights,PDAC 2025 attracts 27,000 attendees from 135+ countries, spotlighting critical mineral stocks amidst rising gold prices.,Notable companies like American Salars Lithium (CSE:USLI) and Mithril Gold and Silver (ASX:MTH) are exploring promisin...
ASX 200 Set for Decline as S&P 500 Trades Flat: A2 Milk, Aurizon, Lendlease Earnings in Focus
February 17, 2025 10:40 AM AEDT| By Team Kalkine MediaHighlights,Mixed US Markets:,Strength in tech stocks was offset by weakness in healthcare and consumer staples, leading to a flat S&P 500.,Commodity Pullback:,Gold and copper experienced notable declines, reflecting broader market volatility.,A2 Milk...
ASX Market Opening: Anticipated RBA Rate Cut Influences Local Stock Exchange as Week 8 Commences | February 17, 2025
February 17, 2025 08:30 AM AEDT| By Team Kalkine MediaHighlights:,ASX 200 Futures Decline:,The ASX 200 futures dropped by 0.7% ahead of the Reserve Bank of Australia's first interest rate decision of the year.,Company Earnings Updates:,Westpac (ASX:WBC) reported a 9% decline in profits, while a2 Milk (A...
Klea Holding (Ex Visiomed Group) : Klea Holding Posts Strong Revenue Growth In 2024
February 17, 2025 07:30 AM AEDT| By ActusNews+26% sales growth in 2024 compared with 2023, with acceleration in H2 2024 Medical Fitness activities continued to grow strongly during the year (+22%) despite the closure of City Walk centre from Ap...
Integrity Property Investment Welcomes Northern Territory Government's Grants To Assist Home Ownership In The NT
February 17, 2025 05:20 AM AEDT| By EIN PresswireIntegrityPropertyInvestment/ Australian based Integrity Property Investment Applauds the Northern Territory Government's new grants to assist home buyers in the Northern Territory. BRISBANE, QUEEN...
The Growing Strain of Rising Beer Taxes on Australia's Hospitality and Spirits Industry
February 17, 2025 12:00 AM AEDT| By Team Kalkine MediaHighlights,Rising alcohol taxes put pressure on beer and spirits prices.,Australian spirits tax is one of the highest globally.,Industry calls for a freeze and a review of the tax system.,Australia’s alcohol industry, especially beer and spirits, is...
Woodside Energy (ASX:WDS) Faces Dividend Concerns as Shares Drop Amid Cost and Tax Warnings
February 17, 2025 12:00 AM AEDT| By Team Kalkine MediaHighlights,Woodside Energy (ASX:WDS) shares experience a near 3% decline.,Investors worry about the final dividend ahead of next week's announcement.,Concerns stem from cost and tax guidance affecting profit expectations.,Shares of Woodside Energy (A...
Charter Hall (ASX:CHC) Moves to Acquire Hotel Property Investments (ASX:HPI) After Gaining 90% Stake
February 17, 2025 12:00 AM AEDT| By Team Kalkine MediaHighlights,Charter Hall Retail REIT (CHC) and Hostplus acquire a 90% stake in Hotel Property Investments (HPI).,HPI owns nearly 60 prime pubs, including popular venues like the Regatta and Crown hotels.,Charter Hall’s leadership expansion to HPI’s bo...
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