Archives

Iron ore prices have experienced a notable rally following the announcement of several policy-easing measures by the People’s Bank of China (PBoC). During a press conference on Tuesday, the central bank outlined its plans to stimulate the economy, a move ...

• September 24, 2024 02:18 PM AEST
• Team Kalkine Media

The Australian dollar (AUD) has experienced a notable increase after Chinese authorities announced a series of stimulus measures aimed at boosting lending and revitalizing their economy. Investors have shifted their focus to these developments, as well as...

• September 24, 2024 02:16 PM AEST
• Team Kalkine Media

The Australian property market has shown remarkable resilience, highlighted by a record median capital gain of $285,000 among 91,000 home resales during the June quarter. This figure underscores the potential of both property and shares as solid investmen...

• September 24, 2024 02:08 PM AEST
• Team Kalkine Media

Australia's mining sub-index (XMM) has seen a notable rise of up to 2.6%, reaching its highest point since late August. This surge comes on the heels of recovering iron ore futures, buoyed by recent announcements from China, the world's largest consumer o...

• September 24, 2024 02:05 PM AEST
• Team Kalkine Media

Macquarie has revised its earnings forecasts for IDP Education (ASX:IEL), an English language testing service provider, for the fiscal years 2025 and 2026 following Canada's recent announcement of reduced international student permits. Earlier this month,...

• September 24, 2024 02:03 PM AEST
• Team Kalkine Media

Viva Energy Group Limited (ASX:VEA) has delivered a notable share price increase of 23% over the past three years, significantly outperforming the broader market return of 7.7% during the same period (excluding dividends). However, more recently, the stoc...

• September 24, 2024 02:01 PM AEST
• Team Kalkine Media

ASX-listed uranium miners have seen significant gains following reports of a power deal between U.S.-based Constellation Energy (CEG.O) and Microsoft (MSFT.O), aimed at reviving a unit of the Three Mile Island nuclear power plant. Constellation plans to i...

• September 24, 2024 01:59 PM AEST
• Team Kalkine Media

REA Group (ASX:REA), the Australian online property platform largely owned by Rupert Murdoch's News Corp, has put forth a third substantial offer to acquire British real estate listing giant Rightmove. This latest bid is valued at GBP 6.1 billion (approxi...

• September 24, 2024 01:57 PM AEST
• Team Kalkine Media

Qube Holdings Limited (ASX:QUB) presents an interesting case study in corporate ownership dynamics, particularly concerning its significant institutional shareholder base. With the top 18 shareholders collectively owning 50% of the company, Qube Holdings'...

• September 24, 2024 01:55 PM AEST
• Team Kalkine Media

Uranium Energy Corp. (UEC) announced today its intention to acquire 100% of Rio Tinto's (ASX:RIO) uranium assets in Wyoming, a deal that includes the fully licensed Sweetwater Plant and a portfolio of uranium mining projects containing approximately 175 m...

• September 24, 2024 01:53 PM AEST
• Team Kalkine Media