
Australian Shares Show Little Movement Ahead of Inflation Data, Financials Lead Gains
Highlights,The S&P/ASX 200 index remains flat at 8,410.5, as losses in commodities and IT stocks are offset by gains in financials.,Traders are awaiting local inflation data to assess the Reserve Bank of Australia's likely interest rate decision, with a 7...
- January 28, 2025 02:21 PM AEDT
- Team Kalkine Media

Australia’s Energy Stocks Decline 1.5% Amid Weakening Oil Prices and AI Concerns
Highlights,Australia's energy stocks sub-index drops 1.5%, its lowest level since January 2, amid global oil price weakness.,The sector is under pressure after rising interest in a Chinese AI model raised concerns about reduced energy demand for data cent...
- January 28, 2025 02:20 PM AEDT
- Team Kalkine Media

Commonwealth Bank Shares Rise 1% Following Divestment Announcement
Highlights,Commonwealth Bank of Australia (CBA) shares gain 1% to AU$159.95 on Tuesday after announcing the sale of its 5.45% stake in Bank of Hangzhou (HZB).,The sale to New China Life Insurance Co. (NCI) is expected to generate AU$940 million in gross p...
- January 28, 2025 02:18 PM AEDT
- Team Kalkine Media

Sigma Healthcare Shares Surge 10% Amid Strong Merger Partner Performance
Highlights,Sigma Healthcare shares rise 10.2% to AU$2.975, marking their highest level since January 14, as merger news boosts investor confidence.,Chemist Warehouse, SIG's merger partner, reports 13% growth in retail sales, with record 10.3% like-for-lik...
- January 28, 2025 02:16 PM AEDT
- Team Kalkine Media

AI-Focused Stocks Hit Multi-Week Lows After Chinese Startup DeepSeek Raises Concerns
Highlights,AI-focused stocks in Australia fall to multi-week lows following a sharp drop in tech stocks on Wall Street triggered by concerns over DeepSeek’s low-cost AI model.,Goodman Group leads the decline with an 8.1% drop, marking its lowest point sin...
- January 28, 2025 02:13 PM AEDT
- Team Kalkine Media

Vietnam Makes Top 5 Debut in Agoda's 16th Gold Circle Awards, Celebrating Hospitality Excellence
Thailand retains top spot in Agoda's annual hospitality awards among Southeast Asian dominance SINGAPORE, Jan. 28, 2025 /PRNewswire/ -- Agoda's prestigious 16th Gold Circle Awards ce...
- January 28, 2025 02:00 PM AEDT
- Cision

Strategic Realignment for Highfield Resources (ASX:HFR) as Muga Potash Project Advances
Highlights,Financing amendments are intended to align with the revised development schedule of the Muga Potash Project in northern Spain.,The approach involves restructuring a finance facility and raising capital through a share purchase plan to support o...
- January 28, 2025 01:54 PM AEDT
- Team Kalkine Media

Star-Studded Sponsor Line-up Takes Centre Court at the Singapore Tennis Open 2025
Main sponsors include Turkish Airlines, ASICS and Polestar who are set to elevate the Singapore Tennis Open 2025 with their synergistic partnerships. SINGAPORE, Jan. 28, 2025 /PRNewswire/...
- January 28, 2025 01:49 PM AEDT
- Cision

Global Times: Spring Festival shopping lists showcased in Xi's pre-holiday visits highlight commitment to people's well-being
BEIJING, Jan. 28, 2025 /PRNewswire/ -- The Spring Festival holds a special place in the hearts of the Chinese people, embodying warmth and family joy. During this festive season, the celebrations of o...
- January 28, 2025 01:46 PM AEDT
- Cision

Chinese AI Shake-Up: Global Tech Sector Faces Market Upheaval
Highlight,A newly introduced low-cost AI platform from Chinese startup,DeepSeek,has triggered global market volatility.,Semiconductor leader Nvidia (,NASDAQ:NVDA,) experienced a steep share decline as investors reconsidered demand for high-performance chi...
- January 28, 2025 01:46 PM AEDT
- Team Kalkine Media