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Market updates
Hostage Deal Reached: A Critical Step Towards Ceasefire in Gaza
January 17, 2025 03:05 PM AEDT| By Team Kalkine MediaHighlights,Deal secured for the return of Gaza hostages.,Ceasefire announced after months of conflict.,Netanyahu plans Cabinet approval for the agreement.,Israel's Prime Minister, Benjamin Netanyahu, confirmed a breakthrough in the long-standing host...
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Angus Campbell Appointed Australia’s Ambassador to Belgium
January 17, 2025 03:02 PM AEDT| By Team Kalkine MediaHighlights,Former ADF Chief appointed to the role of Ambassador to Belgium.,Appointment will strengthen Australia's ties with NATO.,Angus Campbell brings extensive military leadership experience to diplomacy.,In a significant shift in career, former...
Transforming Breast Cancer Care: Study Shows Exercise Program Can Improve Lives and Reduce Costs
January 17, 2025 02:37 PM AEDT| By Team Kalkine MediaHighlights,Supervised exercise,program improves,quality of life for breast cancer patients.,Up to A$1,998 in healthcare cost savings per person from exercise intervention.,Multinational study calls for integrated exercise care in cancer treatment pra...
Saudi Arabia’s $160 Billion Leap into the Future of Critical Minerals
January 17, 2025 02:31 PM AEDT| By Team Kalkine MediaHighlights,Saudi Arabia is investing $160 billion in critical minerals by 2030.,The country is focusing on lithium and other battery metals like copper, gold, and nickel.,Key players like Aramco (TADAWUL:2222) and,Ma'aden,(TADAWUL:1211) are spearhead...
China's Economy Expands 5% in 2024, Surpassing Growth Targets
January 17, 2025 02:30 PM AEDT| By Team Kalkine MediaHighlights,China's economy grew 5% in 2024, meeting its official growth target.,Exports surged as businesses and consumers,anticipated,tariff hikes.,Economic recovery continues amid deflation and challenges in the property sector.,China's economy exp...
Trump’s Treasury Nominee, Scott Bessent, Pushes for Tax Cut Extension and Tariff Strategies to Protect US Interests
January 17, 2025 02:28 PM AEDT| By Team Kalkine MediaHighlights,Scott Bessent warns of an “economic calamity” if tax cuts are not extended.,He defends Trump's tariff approach as a strategic tool for US economic security.,Calls for addressing government spending to avoid financial instability.,Scott Bes...
Australian Market Dips as Banks Weigh on ASX, Lovisa Surges 8%
January 17, 2025 02:26 PM AEDT| By Team Kalkine MediaHighlights,Commonwealth Bank (,ASX:CBA,) drags down ASX after major losses.,Lovisa (,ASX:LOV,) jumps 8% following an upgrade to “overweight” rating.,Lynas Rare Earths (,ASX:LYC,) dips 2.2% due to slower production.,On Friday afternoon, the Australian...
Halls Gap Businesses Struggle with Skyrocketing Insurance Costs Amid Rising Bushfire Risks
January 17, 2025 01:06 PM AEDT| By Team Kalkine MediaHighlights,Businesses in Halls Gap face increasing challenges securing insurance coverage due to bushfire risks.,Rising extreme weather events are,directly linked,to insurance companies rejecting or inflating premiums.,Government and industry experts...
Australian Shares Stay Steady Amid Mixed Movements in Key Stocks
January 17, 2025 12:38 PM AEDT| By Team Kalkine MediaHighlights,S&,P/ASX 200 index,remains,flat at midday.,Rio Tinto (,ASX:RIO,) slips, while Insignia Financial (,ASX:IFL,) rises after a bid increase.,Lynas Rare Earths (,ASX:LYC,) sees a dip following production slowdown.,Australian shares have kept a...
Military Metals Expands West Gore Antimony Project with Strategic Land Acquisition
January 17, 2025 12:30 PM AEDT| By Team Kalkine MediaHighlights,Military Metals secures an,additional,388 hectares at the West Gore Antimony Project.,Historical significance includes antimony-gold production and contributions during World War One.,Integrated exploration plans are underway for unlocking...
Australian Market to Open Higher Amid Mixed US Performance and Strong European Gains
January 17, 2025 11:29 AM AEDT| By Team Kalkine MediaHighlights:,Wall Street ended mixed, with declines in tech and health sectors overshadowing strong earnings in finance and semiconductors.,European markets rallied, driven by luxury and technology stocks, with Richemont and TSMC leading the gains.,Co...
ASX 200 Set to Edge Higher Amid Mixed Global Market Signals
January 17, 2025 11:16 AM AEDT| By Team Kalkine MediaHighlights:,ASX Futures Rise:,ASX 200 futures increased by 11 points (+0.13%) at 8:30 am AEDT,,indicating,a potential positive start for the local market.,US Market Breadth Turns Bullish:,Equal-weight S&P 500 gained 0.79%, outperforming the official...
Australian workers are enthusiastic about using AI, but employers are not as keen, according to a Workday survey.
January 17, 2025 11:00 AM AEDT| By Team Kalkine MediaAustralian workers are enthusiastic about using AI, but employers are not as keen, according to a Workday survey.
New Zealand Investment Firm Launches Greener Pastures New Zealand: First Full-Service Firm Offering Residency Pathways for High-Net-Worth Investors
January 17, 2025 10:54 AM AEDT| By Business WireGreener Pastures New Zealand, Revolutionizes How High-Net-Worth Global Investors Can Secure Residency Through First-of-its-Kind Lifestyle Design Services and Diversified Fund Approved by New Zealand...
Data Shows AI Helps Insurers and Homeowners Navigate the Climate Crisis
January 17, 2025 05:00 AM AEDT| By Business WireNew research highlights how AI-driven insight repairs trust and improves collaboration in the wake of increased natural disastersSALT LAKE CITY--(BUSINESS WIRE)--As climate-driven disasters like the...
Job Market Resilience Amid Rising Unemployment: Key Insights for Investors
January 16, 2025 07:34 PM AEDT| By Team Kalkine MediaHighlights,Unemployment rate rises to 4% in December, aligned with expectations.,Job creation far exceeds forecasts, with 56,300 new roles added.,Strong labor market performance keeps Reserve Bank policy in focus.,The Australian job market displayed...
Australia’s Labour Market Resilience Fuels Positive Momentum in ASX Performance
January 16, 2025 07:21 PM AEDT| By Team Kalkine MediaHighlights,Australian unemployment shows resilience despite a slight rise to 4% in December.,S&P/ASX 200 surges with solid gains across sectors, particularly real estate, finance, and IT.,Smaller stocks like (ASX:NRZ), (ASX:AHN), and (ASX:AS1) see im...
ASX Soars on Eased US Inflation Fears, Bank and Tech Stocks Lead the Way
January 16, 2025 05:53 PM AEDT| By Team Kalkine MediaHighlights,ASX 200 sees a strong rally, gaining 1.4% to close at 8,327.,Big banks and tech stocks show solid performance following positive US inflation data.,Zip Co (ASX:Z1P) surges 10% on strong performance from a US rival.,The Australian share mar...
Hindenburg Research Shuts Down: The End of a Notorious Era in Activist Short-Selling
January 16, 2025 05:32 PM AEDT| By Team Kalkine MediaHighlights,Hindenburg Research, led by Nate Anderson, disbands after eight years of activity.,The firm made major headlines by targeting Block (NYSE:SQ) and Adani Group (BSE:ADANI).,Anderson cites completion of ongoing cases and work with regulators...
ASX Market Momentum Strengthens with Bank and Tech Stock Gains; Zip Soars 7%
January 16, 2025 05:30 PM AEDT| By Team Kalkine MediaHighlights,The S&P/ASX 200 Index rises 1.4%, led by strong performances from banks and tech stocks.,Australia’s December employment numbers show a surprising increase of 56,300 jobs.,Zip Co (ASX:Z1P) surges 7.1% on stronger-than-expected holiday dema...
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