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Market updates
Light & Wonder Shares Decline Following Legal Setback Against Aristocrat Leisure
September 24, 2024 02:30 PM AEST| By Team Kalkine MediaLight & Wonder Inc. (NASDAQ:LNW) saw its stock price drop significantly, falling by as much as 21% after the company disclosed that it had lost a legal battle with Aristocrat Leisure Limited (ASX:ALL). The dispute centers on a dragon-themed game in t...
Oil Prices Rise Following China's Comprehensive Economic Support Measures
September 24, 2024 02:21 PM AEST| By Team Kalkine MediaOil prices have experienced a significant rise after Chinese authorities announced a broad policy package aimed at supporting economic growth. This development occurs amid heightened tensions in the Middle East, following a major Israeli strike on He...
Iron Ore Prices Surge Following China’s Rate Cuts
September 24, 2024 02:18 PM AEST| By Team Kalkine MediaIron 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...
Australian Dollar Strengthens Following China’s Stimulus Announcement
September 24, 2024 02:16 PM AEST| By Team Kalkine MediaThe 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 we...
China Introduces PBoC Funding to Support Stock Purchases Amid Economic Stimulus Measures
September 24, 2024 01:35 PM AEST| By Team Kalkine MediaChina,has announced a significant new initiative allowing funds and brokers to access the People’s Bank of China (PBoC) funding for purchasing stocks. This decision is part of a broader series of measures aimed at bolstering the economy and enhancing...
Australian Payments Plus and Thoughtworks Join Forces to Accelerate PayTo Adoption with Award Winning Customer-centric Design
September 24, 2024 01:00 PM AEST| By Business WireSYDNEY--(BUSINESS WIRE)--Thoughtworks (NASDAQ: TWKS), a global technology consultancy that integrates strategy, design and engineering, joined Australian Payments Plus (AP+), Australia’s domestic paym...
China Launches Comprehensive Stimulus Package to Boost Economic Growth
September 24, 2024 12:47 PM AEST| By Team Kalkine MediaIn a significant move to invigorate its economy,,China’s,central bank has initiated a comprehensive stimulus package aimed at achieving the annual growth target of approximately 5% for this year. People's Bank of China (PBoC) Governor Pan Gongsheng a...
Oil Prices Rise Amid Israeli Strikes on Lebanon and Economic Uncertainties
September 24, 2024 12:28 PM AEST| By Team Kalkine MediaOil prices edged higher following recent Israeli airstrikes on Lebanon that have escalated tensions in the region and raised fears of a potential full-blown conflict in the Middle East. The price of West Texas Intermediate (WTI) crude moved toward $7...
ASX Rises Ahead of RBA Decision; Cettire Unveils Audited Financials
September 24, 2024 12:26 PM AEST| By Team Kalkine MediaAustralian shares opened slightly higher, following a positive session on Wall Street, as investors digested comments from U.S. policymakers regarding the interest rate outlook. The,S&P/ASX 200 Index,added 0.1%, or 8.7 points, to reach 8161.6 at the...
Gold Reaches Record High Amid Federal Reserve Signals and Economic Uncertainty
September 24, 2024 12:25 PM AEST| By Team Kalkine MediaGold prices soared to a new all-time high as traders reacted to recent economic data and statements from U.S. Federal Reserve officials, while awaiting upcoming economic indicators. Bullion rose as much as 0.5% to reach a record $2,634.90 per ounce,...
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Oil Prices Ease Amid Hopes for Iran-Israel De-escalation and Weak Demand Outlook
September 24, 2024 12:24 PM AEST| By Team Kalkine MediaOil prices retreated due to a combination of factors, including a weak outlook for fuel demand and the potential for a de-escalation of tensions between Iran and Israel after a recent flare-up. The price of West Texas Intermediate (WTI) crude slipped...
Lowered Fair Value Estimates for Mining Companies Amid Weakening Commodity Prices
September 24, 2024 11:48 AM AEST| By Team Kalkine MediaRecent assessments have indicated a notable decline in fair value estimates for several mining companies due to a general downturn in commodity prices during the September-ending quarter. This trend has been particularly pronounced for iron ore and b...
FMG and Hub24 Ltd: Two ASX Shares Worth Exploring
September 24, 2024 11:46 AM AEST| By Team Kalkine MediaThe share price of Fortescue Metals Group Ltd has experienced a significant decline of 39.8% since the beginning of 2024, while HUB24 Ltd has seen its shares rebound, tracking 95.7% above its 52-week lows. Both companies are making waves in their res...
Former Regal Fund Managers to Launch New Healthcare Investment Fund
September 24, 2024 11:38 AM AEST| By Team Kalkine MediaTwo former portfolio managers from Regal Funds Management are set to establish a new long/short healthcare fund targeting companies in Australia and Asia. The fund, which has already secured over $70 million in backing from an overseas institutional...
Asian Markets Anticipate Gains Amid US Rate-Cut Speculation
September 24, 2024 11:23 AM AEST| By Team Kalkine MediaAsian equity markets are positioned to gain traction, influenced by signals from U.S. Federal Reserve officials indicating potential easing of monetary policy and rising hopes for economic stimulus measures from China.,Market Indicators and Futures,T...
ASX to Slip as Wall Street Rises: Analyzing Market Dynamics
September 24, 2024 11:22 AM AEST| By Team Kalkine MediaAustralian shares are anticipated to dip slightly despite positive momentum from Wall Street, as investors digest remarks from several U.S. policymakers concerning the future direction of interest rates.,ASX Futures Outlook,As of early morning AEST,...
Ideagen earns prestigious recognition in the 2024 The Educator Service Provider Awards
September 24, 2024 10:00 AM AEST| By Business WireSYDNEY--(BUSINESS WIRE)--#DavidGriffiths--Ideagen is delighted to announce its inclusion in the prestigious 2024 The Educator Service Provider Awards, a comprehensive roundup in the school sector that...
ASX Market Update: Australian Stocks Dip Ahead of RBA Decision | September 24, 2024
September 24, 2024 09:51 AM AEST| By Team Kalkine MediaThe ASX200 is expected to open 0.12% lower today, despite strong gains on Wall Street. Investors in Australia are awaiting the Reserve Bank of Australia's (RBA) announcement on interest rates, with a decision due later today.,In the U.S., all three m...
ASX 200 Futures Flat, US Markets Reach Record Close, and RBA Holds Steady
September 24, 2024 09:31 AM AEST| By Team Kalkine MediaAs of 8:30 am AEST, ASX 200 futures are trading 9 points lower, marking a 0.10% decline. This follows a session of strong gains in the US markets, with the S&P 500 and Dow Jones Industrial Average reaching new record highs. Meanwhile, the Reserve Ban...
Apromore Unveils Compliance Center, Transforming Operational Risk Management with Process Intelligence
September 24, 2024 04:53 AM AEST| By Business WireLatest release introduces Apromore Compliance Center, GenAI-enabled Copilot and Variant Comparison among key enhancements MELBOURNE, Australia & NEW YORK--(BUSINESS WIRE)--#AI--Apromore, a global lea...
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